CaliberCos Stock Price, News & Analysis

Caliber (NASDAQ: CWD) has successfully secured a $22.5 million refinancing for its DoubleTree by Hilton Hotel in Tucson, Arizona, through Citi, with Arriba Capital as financial advisor. The hotel property, which opened in 2021, is part of Caliber's Tax-Advantaged Opportunity Zone Fund, which manages approximately $271 million across 18 real estate assets.

The cash-out refinance proceeds will be used to strengthen the asset and support reinvestment across the Fund's portfolio. The hotel, developed in partnership with Rio Nuevo and the City of Tucson, is operated by Highgate Hospitality under a Hilton Worldwide franchise agreement. Located near the University of Arizona and downtown Tucson, the property has become a significant contributor to local economic development.

Caliber (NASDAQ: CWD) has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received written confirmation from Nasdaq on May 16, 2025, stating that it has met the listing rule requiring companies to maintain a minimum bid price of $1.00 per share. This development follows a previous notification of non-compliance issued on May 14, 2024. The compliance was achieved as Caliber's common stock maintained a closing bid price of $1.00 or higher from May 2, 2025 to May 15, 2025, effectively resolving the listing concern.

Caliber (NASDAQ: CWD) reported its Q1 2025 financial results, showing a platform revenue decline to $3.5 million from $4.7 million year-over-year. The company posted a platform net loss of $4.1 million ($3.59 per diluted share), compared to a loss of $3.6 million in Q1 2024. Key developments include a new partnership with Hyatt to develop 15 Hyatt Studios hotels, a $22.5 million Doubletree hotel refinancing, and an SEC-qualified Series AA Preferred Stock offering to raise up to $20 million. The company has narrowed its strategy to focus on hospitality, multifamily, and multi-tenant industrial real estate, while launching a 1031 Exchange Program and receiving approval for the Canyon Village redevelopment project. Total consolidated revenue was $7.3 million, down from $23.0 million in Q1 2024, reflecting various deconsolidations.

Caliber (NASDAQ: CWD) has announced the launch of Caliber Hospitality Development (CHD), a strategic joint venture with GIA Hospitality. The venture, seeded with an initial $2 million investment from GIA, will focus on two core initiatives: acquiring distressed hotel properties at discounted rates and developing extended stay hotels in high-demand markets.

The venture will operate under the Caliber Hospitality brand and is led by Izhak Ben Shabat. CHD already has four pipeline projects in development, including two Hyatt Studios developments in Scottsdale, Arizona, and Georgetown, Texas. The platform will leverage Caliber's integrated real estate services, including development, construction, finance, and asset management.

Caliber (NASDAQ: CWD) has received Design Review approval from the Salt River Pima-Maricopa Indian Community for its PURE Pickleball & Padel™ project. The development will be located in the Riverwalk Development Project within the Talking Stick Entertainment District, spanning over 11 acres. The 196,726 square feet facility aims to be the world's largest indoor pickleball and padel facility, featuring:

• 48 indoor courts (40 pickleball, 8 padel)
• 1,200-seat pro arena
• Sports performance center by HonorHealth
• Restaurant, rooftop bar, pro shop, and other amenities

The project will proceed to seek building permits once construction documents are complete. Caliber has structured the investment as a single asset offering open to accredited investors and qualified opportunity zone funds (QOFs).

Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, has scheduled its first quarter 2025 earnings release for Thursday, May 15, 2025, after market close. The company will host a webcast/conference call at 5:00 pm ET the same day to discuss the results.

Investors can participate by dialing (800) 715-9871 (domestic) or (646) 307-1963 (international) using conference ID 8746759. The webcast will be available on Caliber's investor relations website at https://ir.caliberco.com/, where the presentation materials and news release will also be accessible.

Caliber (NASDAQ: CWD) has entered into a Development Rights Agreement with Hyatt Hotels Corporation to develop 15 new Hyatt Studios hotels across five states: Arizona, Colorado, Nevada, Texas, and Louisiana. The first hotel will break ground in Georgetown, Texas in Q4 2025, followed by a second location in Scottsdale, Arizona in Q2 2026.

Hyatt Studios, launched in 2023, is Hyatt's first upper-midscale extended-stay brand. Each hotel will feature approximately 122 apartment-style suites with in-room kitchens and amenities. Caliber expects to complete the developments over 3-5 years, projecting to add $400 million in assets under management to their platform.

Caliber (NASDAQ: CWD) has announced a 1-for-20 reverse stock split effective May 2, 2025. This strategic move aims to maintain Nasdaq listing compliance by meeting the $1.00 minimum bid price requirement.

The reverse split will automatically convert every twenty existing shares into one new share, affecting both Class A and Class B common stock. After the split, Class A shares will decrease from approximately 18.57 million to 928,715, while Class B shares will reduce from 7.42 million to 370,821.

Key points:

• Trading continues under symbol CWD with new CUSIP: 13000T604
• No change to par value or authorized shares
• Fractional shares rounded up to nearest whole share
• Stockholders need not take action; positions adjust automatically

Caliber (NASDAQ: CWD) has received unanimous approval from the Phoenix City Council for its Canyon Village redevelopment project, which will convert a distressed 300,000+ square foot office building into a 376-unit rental multifamily residential building. The project, located in North Phoenix's North Mountain Village area, aims to meet increased housing demand driven by TSMC's expanded presence.

The company acquired the property at approximately 15% of estimated replacement cost, capitalizing on the distressed office real estate market. The project benefits from opportunity zone tax incentives and has secured approximately $7.7 million in investments through Caliber's tax-advantaged funds.

Construction is expected to begin in Q4 2025, with first units delivery planned for H2 2026. The local market shows promising fundamentals, with CoStar predicting 5% year-over-year rent growth by late 2027. The area has seen reduced construction activity, with units under construction dropping from 1,900 in Q4 2023 to 450 in Q2 2025.