CWD News & Events

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 for holders

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.