Following in the pathway of Queen ' Bee' Christi Worsley (see below), it looks like the public life and political career of husband AZ State Senator Bob Worsley may be on-the-line here in Downtown Mesa over his gambling million$$$$$ as a private investor in real estate speculation simultaneously at the same time holding public office to pass legislation and bills in the Arizona State House to create private wealth for his 'family-and-friends'... almost sounds like The Mafia in The East Valley. It's a swarm of attention well-deserved when the Arizona Daily Independent published a report on 01 March on the February 26, 2018 Mesa City Study Session. https://arizonadailyindependent.com
It's a deep-dive into data and information - a Honey Pot of Details that your MesaZona blogger wants to add to about the Limited Partnership, LLCs and Family Trusts handling the financing, acquisition and development that began last year in March 2017: The Caliber Diversified Opportunity Fund II, LP (read more and scroll down below)
The Mesa City Council (Vote 5-2) ignored the wishes of the public and elected to move forward with plans . . .
Mesa’s ASU Project Needed To Make Good On Worsley’s “Bet”
"At the February 26 meeting of the Mesa City Council, Sen. Bob Worsley made a rare appearance in an effort to promote a proposal to enter into an Intergovernmental Agreement with Arizona State University. The senator’s appearance surprised many Mesa residents who had never before seen their representative show any interest in the City’s business. . . In May 2016, Mesa Mayor John Giles announced plans to build a new campus for Arizona State University (ASU). . . In November 2016, Mesa voters rejected a sales tax that would have funded the project . . . "
Blogger's Note: Between now and then The Fog [Friends Of Giles] - the generations-old LDS political machine that has controlled politics, finance, insurance and real estate here in Mesa - made sure to get their close cohorts and faithful followers answer 'a calling' to get elected to local, state and national public office. With friends in high places they could stack the deck with legislation to benefit their private investments and personal corporate welfare. READ THIS ENTIRE REPORT > Arizona Daily Independent 01 March 2018
Prior to the vote, with former congressman and ASU lobbyist Matt Salmon sitting behind him, Sen. Bob Worsley pleaded with the Council to protect the speculative investments he made in the area based on the ASU scheme.How the scheme works > Make offers for a low-ball price to snatch up properties
(Please note this data is taken from the ADI link. Some of the properties may have been in foreclosure earlier)
CH Mesa Holdings was registered on June 27, 2017 in Delaware. Maricopa County Recorder documents shows that CH Mesa Holdings, LLC, a registered limited liability corporation (File Number: 6458344) filed deeds for the following properties:
| APN | Address | Last Deed Date |
| 138-35-015 | 114 W MAIN ST MESA, AZ 85201 | 10/03/2017 |
| 138-35-016 120 | 120 W MAIN ST MESA, AZ 85201 | 10/03/2017 |
| 138-36-008A | 18 W MAIN ST MESA, AZ 85201 | 10/30/2017 |
| 138-36-012 48 | 48 W MAIN ST MESA, AZ 85201 | 07/19/2017 |
| 138-42-022 155 | 155 W MAIN ST MESA, AZ 85201 | 07/07/2017 |
| 138-42-030 | 137 W MAIN ST MESA, AZ 85201 | 12/12/2017 |
| 138-55-004 | 202 W MAIN ST MESA, AZ 85201 | 10/03/2017 |
| 138-55-009 | 206 W MAIN ST MESA, AZ 85201 | 10/03/2017 |
Lyons Development LLC registered the following entities in 2017:
| L21665169 | LYONS DEVELOPMENT LLC | MESA 114 W MAIN LLC |
| L21757686 | LYONS DEVELOPMENT LLC | MESA 137 W MAIN LLC |
| L21853908 | LYONS DEVELOPMENT LLC | MESA 48 W MAIN LLC |
| L21638767 | LYONS DEVELOPMENT LLC | MESA 155 W MAIN LLC |
| L21657535 | LYONS DEVELOPMENT LLC | MESA 18 W MAIN LLC |
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“My wife and I have been meeting with people all over the Valley,” said Worsley. “Just today my wife met two people who want to invest in Mesa. Last week, we met with wealthy people from Paradise Valley who want to invest in downtown Mesa based on what they hear is happening. Speaking of dollars – hard dollars, we – the group I am invested with – we have invested over $20 million already on a bet that downtown Mesa is ready for what’s next.”
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RELATED INFORMATION AND CONTENT:
Caliber Diversified Opportunity Fund II, LP
The Caliber Diversified Opportunity Fund II, LP exists to produce income and capital gains that pass through to investors through purchasing assets or land at potentially attractive prices, developing those assets with in-house expertise, and managing each asset to its full potential. The Caliber Diversified Opportunity Fund II, LP allows investors diversify their investment across multiple properties while also allowing access to assets that are much larger than they could purchase individually.
Published on Mar 27, 2017
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Two announcements from Aug 2017
Phoenix Business Journal-Aug 9, 2017
“We are deeply grateful for the continued support of our investors who we work diligently for to provide the best returns,” said Chris Loeffler, co-founder and CEO of Caliber. “Providing our clients with insider-level access to secure commercial investments that offer superior risk-adjusted returns and growth potential is the ...
AZ Big Media-Aug 8, 2017
Caliber – The Wealth Development Company today announced the launch of a $100 Million real estate fund, the Caliber Diversified Opportunity Fund II, LP (the “Fund”). The Fund will invest in “middle market” U.S. commercial real estate assets that can deliver attractive risk-adjusted return through a combination of current ...
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How this works in Tucson, according to the Arizona Daily Independent
Same players different town
" On the same day as the Council meeting, Caliber Wealth Development Company, “a real estate investment, development and management firm, and project partner, Habitat Metro,” announced the purchase of eight downtown buildings for $7.5 million on Main Street. In a press release, Caliber claimed that “the nearly 100,000 square-feet of historic urban buildings are important project components to the economic strengthening and downtown transformation efforts of Arizona’s third largest city.”
Caliber Development, a subsidiary of Caliber, will serve as design-general contractor.
Caliber is also involved in developing a hotel in Tucson’s struggling downtown redevelopment TIF project known as Rio Nuevo. Rio Nuevo, a taxing district under the control of the state of Arizona, was forced turn to the Legislature this year to seek an extension from its end year of 2025 to an end year of 2035 in an effort to ensure it can meet its debt burden.
In July 2015, the Arizona Attorney General, in response to a question from Worsley, issued an opinion that the controversial Rio Nuevo District is exempt from the State’s gift clause. The decision paved the way for the Rio Nuevo Board to spend money at will.
The residents of Tucson called on the Legislature to terminate Rio Nuevo, however the latest proposal passed in the House last week, and is awaiting a hearing in the Senate..."
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How this works in Tucson, according to the Arizona Daily Independent
Same players different town
" On the same day as the Council meeting, Caliber Wealth Development Company, “a real estate investment, development and management firm, and project partner, Habitat Metro,” announced the purchase of eight downtown buildings for $7.5 million on Main Street. In a press release, Caliber claimed that “the nearly 100,000 square-feet of historic urban buildings are important project components to the economic strengthening and downtown transformation efforts of Arizona’s third largest city.”
Caliber Development, a subsidiary of Caliber, will serve as design-general contractor.
Caliber is also involved in developing a hotel in Tucson’s struggling downtown redevelopment TIF project known as Rio Nuevo. Rio Nuevo, a taxing district under the control of the state of Arizona, was forced turn to the Legislature this year to seek an extension from its end year of 2025 to an end year of 2035 in an effort to ensure it can meet its debt burden.
In July 2015, the Arizona Attorney General, in response to a question from Worsley, issued an opinion that the controversial Rio Nuevo District is exempt from the State’s gift clause. The decision paved the way for the Rio Nuevo Board to spend money at will.
The residents of Tucson called on the Legislature to terminate Rio Nuevo, however the latest proposal passed in the House last week, and is awaiting a hearing in the Senate..."
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