CaliberCos Stock Price, News & Analysis

Caliber (NASDAQ: CWD) has announced that its joint venture PURE Pickleball & Padel™ has secured a 10-year exclusive agreement with Wolfgang Puck Catering for its upcoming facility in Scottsdale, Arizona. The partnership will cover food and beverage services across multiple venues within the facility.

The development, situated on an 11+ acre site in the Riverwalk Development Project, aims to be the world's largest indoor pickleball and padel facility. The 196,726 square feet state-of-the-art complex will feature a 1,200-seat pro arena, 40 indoor pickleball courts, 8 indoor padel courts, and various amenities including a sports performance center, restaurant, and rooftop patio.

The project is funded through Caliber's Pickleball at Riverwalk Fund, accepting investments from accredited investors and qualified opportunity zone funds (QOFs).

Caliber (NASDAQ: CWD), a real estate investor and asset manager, reported its Q2 2025 financial results. The company posted platform revenue of $4.1 million and a platform net loss of $4.9 million ($3.87 per diluted share). Total consolidated revenue was $5.1 million, with a consolidated net loss of $5.3 million.

Key Q2 developments include the approval of the Canyon Village redevelopment project for 376 rental units, advancement of the PURE Pickleball & Padel™ venture, and a $22.5 million refinance for the Doubletree Tucson hotel. The company remains focused on hospitality, multifamily, and multi-tenant industrial real estate, maintaining its trajectory toward platform adjusted EBITDA profitability in H2 2025.

Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, has scheduled its second quarter 2025 earnings release for Wednesday, August 13, 2025, after market close.

The company will host a conference call and webcast at 5:00 PM ET on the same day. Investors can join via phone by dialing (800) 715-9871 (domestic) or (646) 307-1963 (international) using conference ID 7312901. The webcast will be available on Caliber's investor relations website at ir.caliberco.com.

Caliber (NASDAQ: CWD) has announced the promotion of Greg James to Chief Operating Officer, effective July 7, 2025. James, who joined Caliber in October 2024 as COO & Head of Hotel Asset Management, succeeds Ignacio Martinez. James brings over 34 years of experience in hotel operations and asset management, including managing a hotel portfolio of over 100 assets valued at $3.5 billion across 26 states.

Prior to Caliber, James spent nearly two decades at Summit Hotel Properties (NYSE: INN) as Senior Vice President of Operations. His extensive background includes roles at Marriott International, where he managed operations at more than a dozen properties nationwide. The appointment aligns with Caliber's strategic focus on efficient capital use and generating positive adjusted EBITDA.

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).