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CWD News
CWD Events
Caliber CFO Jade Leung Steps Down, Appoints Michael Rosales as Acting CFO
Caliber announced that Jade Leung will step down as CFO to pursue a new opportunity, capping an eleven-year tenure during which he built Caliber's finance organization and helped lead the company through its initial public offering. Leung will support an orderly transition. The change is not the result of any disagreement with the company on any matter relating to its operations, accounting policies, practices, or financial reporting. Caliber reaffirms the FY26 guidance issued on itsQ1 earnings call, and the transition does not affect the company's strategy or financial outlook. Caliber also announced the appointment of Michael Rosales as acting CFO effective June 14. Rosales joined Caliber in October 2020 and has advanced through a series of leadership roles of increasing responsibility, including Director of Financial Reporting & Technical Accounting, Corporate Controller, and most recently Senior Vice President of Accounting, Financial Reporting & Tax, a position he has held since April 2025.
CaliberCos Files to Sell 2.16M Shares of Class A Common Stock
CaliberCos files to sell 2.16M shares of Class A common stock for holders
Caliber Announces Pure Pickleball & Padel Project Receives Building Permits
Caliber announced that Pure Pickleball & Padel - its co-developed 196,000-square-foot indoor pickleball and padel facility adjacent to Scottsdale, Arizona at Riverwalk on the Salt River Pima-Maricopa Indian Community - has recently received all required building permits, clearing the final regulatory hurdle and positioning the project for groundbreaking. The permits were filed originally in September 2025. Caliber is currently finalizing construction financing and closing the equity round. The groundbreaking announcement will follow the close. The approval of all required building permits marks the culmination of a 900-day permitting process spanning hundreds of meetings, community hearings, and design reviews. Caliber is currently finalizing construction financing with groundbreaking expected to follow. Caliber is expected to initiate a final call for capital from equity investors prior to the close of construction financing.
Caliber Sells Holiday Inn Ocotillo for $13 Million
Caliber announced the sale of the Holiday Inn Ocotillo in the Phoenix-Chandler submarket for $13.0 million. The asset was owned by Caliber Hospitality Trust; Caliber's private Umbrella Partnership C-Corporation vehicle focused on transformational and value enhancing opportunities in the hospitality space. "This transaction reflects the discipline of our acquisition and repositioning strategy," said Chris Loeffler, Chief Executive Officer of Caliber. "We acquired the property prior to COVID, navigated through one of the most disruptive periods in the history of the hospitality industry, and exited the investment at a time when we are seeing better uses of capital. We now turn our attention back to growth as we enter a market full of new opportunities to create value for CHT."
Caliber Selects StoneX as Digital Asset Trading Platform
Caliber (CWD) has selected StoneX (SNEX) as an additional institutional platform for trading and custody in support of Caliber's Digital Asset Treasury Strategy. StoneX, through its Prime offering, is providing Caliber with access to deep liquidity and institutional-grade custody, using the same infrastructure trusted by some of the world's largest financial institutions.
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