CaliberCos Inc.

General Information

We are an alternative asset manager on a mission to build wealth for our investors, our team, and our communities. (Incorporated in Delaware)

From the CEO’s Open Letter to Investors:

Caliber applies the established private equity business model to proven alternative asset classes, such as real estate and private credit, and strives to differentiate itself as a leader in the underserved, middle-market segment.

We serve a broad set of customers that includes accredited investors, investment advisers, family offices, and institutional investors. We believe many investors and their investment advisors are seeking to increase their allocations to alternative assets to achieve their portfolio allocation and investment objectives; yet, they find access to this asset class challenging.

Caliber addresses this problem with uncompromising dedication to our investors’ success, creativity, and hard work. We create alternative investment products, and endeavor to manage them well to provide our clients with broad access to these opportunities with attractive risk-adjusted returns.

When my co-founders and I took the first steps toward building the business that would eventually become Caliber, the economy was in chaos.

In the throes of the Great Recession of 2007-2009, the banking and real estate industries were in disarray and investors from all walks of life were left with depleted savings and investment accounts. They were seeking ways to rebuild their financial foundation and create investment portfolios that would deliver sustainable, high-quality, risk-adjusted returns over the long-term. They were seeking an authentic and transparent investment partner to help them rebuild trust.

Against this backdrop we saw meaningful opportunity to create value in a disrupted real estate market by building a platform for investors who were seeking new and different ways to grow their wealth.

We built Caliber to provide wealth development opportunities to investors who were previously excluded from investing in alternative asset classes. We do this by finding investment opportunities that are often overlooked by the rest of the market due to their size or location and creating incremental return opportunities by managing the full life cycle of many of our investments.

Early on, we recognized two meaningful gaps in the alternative asset marketplace. First, accredited investors were hungry for the opportunity to invest outside of traditional stocks, bonds and insurance products; however, an accessible and trusted avenue to alternative asset classes simply didn’t exist. Second, real estate investment opportunities in the middle market – which we define as projects in the $5 million to $50 million range – often lacked sufficient funding. We stepped into the gaps and saw our business grow quickly as we met the needs of the market and our investors.

**Note: Net income and revenue figures are for the year ended Dec. 31, 2022.

(Note: CaliberCos Inc. upsized its IPO at pricing on May 16, 2023, to 1.2 million shares – up from 800,000 shares in the prospectus – and priced the IPO at $4.00 – $1.00 below its assumed IPO price of $5.00 – to raise $4.8 million. Background: CaliberCos Inc. cut its IPO by 33 percent to 800,000 shares – down from 1.2 million shares – and kept the assumed IPO price at $5.00 – to raise $4.0 million – in an S-1/A filing dated May 9, 2023.)


Industry: Investment Advice - Real estate focus
Employees: 74
Founded: 2009
Contact Information
Address 8901 E. Mountain View Rd. Ste 150, Scottsdale AZ 85258
Phone Number (480) 295-7600
Web Address
View Prospectus: CaliberCos Inc.
Financial Information
Market Cap
Revenues $83.96 mil (last 12 months)
Net Income $2.02 mil (last 12 months)
IPO Profile
Symbol CWD
Exchange NASDAQ
Shares (millions): 1.2
Price range $4.00 - $4.00
Est. $ Volume $4.8 mil
Manager / Joint Managers Spartan Capital Securities
Expected To Trade: 5/17/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change