How low can Caliber go to stage a marketing trick for their Downtown Portfolio of more than 10 vacant and/or under-used storefronts in an "Opportunity Zone" for rampant real estate speculation?? "Family-Fun" and "art installations in store windows" --- MAKE THAT EMPTY AND VACANT STORE WINDOWS
This clip from a press release says it all: "Special thanks: We want to express enormous gratitude to CALIBER for the generous use of their spaces, and especially for a workshop space for staging the exhibition . . ."
Strange Encounters
A Halloween Scavenger Hunt in Downtown Mesa
WHAT
Extraordinary Halloween carvings, humorous vignettes and creepy characters in 15 installations outdoors and in store windows throughout downtown Mesa, all visible out of doors for safe, distanced family fun.
The Strange Encounters Map, which will be available online and at locations throughout downtown, will include a fun scavenger hunt with clues for identifying items in the displays. Find them all and enter to win prizes!
PLUS an online instructional video will be created by Ray Villafane and provided FREE to the public, sharing carving tips for elevating your Jack-o-Lantern to a work of art and how to use natural & recycled materials to create fun Halloween yard installations.
The Ray Villafane Strange Encounters exhibition is presented and generously supported by Downtown Mesa Association in partnership with the Mesa Department of Arts and Culture. . .
https://mesaartscenter.com/strangeencounters
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RELATED CONTENT ON THIS BLOG:
26 March 2018
Opportunity Funds > Opportunity Zones for Who?
PRESS RELEASE
(See other posts on this blog for more details)
Caliber’s $7.625 million purchase consists of eight historic buildings along Main Street between Country Club Drive and Center Street.
The eight-building acquisition was purchased with the Caliber Diversified Opportunity Fund II, LP (the “Fund”). The Fund offers accredited investors and registered investment advisors (RIAs) direct access to invest in “middle market” U.S. commercial real estate assets that can deliver attractive risk-adjusted return through a combination of current income and capital appreciation. . .
“By luck and by chance and a lot of hard work, this Downtown Mesa is what people want,” Giles says.
Michael Maddox on 03/14/2018
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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.”
Worsley concluded, “I just wanted to say one thing; we need this investment in ASU. We need this center in downtown Mesa.”
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 |
All of the above properties show a mailing address of 4320 E Brown Road, STE 110, Mesa, AZ 85205.
Lyons Development LLC shares the Brown Road address with CH Mesa Holdings, LLC.
According to the Arizona Corporation Commission, as of 2017, Worsley has been registered as a member of Lyons Development LLC.
14 May 2020
Opportunistic OZone > Caliber Wealth Creation Fund Still Struggling To Fill A Void In Its Downtown Mesa Portfolio
Way back when nothing was known to the public about the behind-the-scenes real estate grab on Main Street that took over eight somewhat shabby commercial properties on Main Street, Hizzoner John Giles and then AZ State Senator Bob Worsley were making plans.
Apparently with some "insider information"
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Will $600K do it?
"Despite the economic turbulence swirling around Coronavirus chaos, Arizona- based real estate investment firmCaliber is forging a path forward and opens investing to the public for the first time in its 12-year history, which in short order has already attracted more than $600,000 in new capital. . . "
Opening image above:
“It may seem counter-intuitive to continue with the offering with all the unrelated events happening in our community, but that is exactly when smart investors move forward,” Caliber CEO Chris Loeffler says. “Remember that Caliber was born out of the uncertainty and calamity of the 2008-09 crash, and as painful as it was, we are also proud that we were able to build wealth for our customers while saving properties and helping rebuild neighborhoods along the way. . . ."
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“We set this stage now, for creating this environment people want.”
Blogger Note: Right...huh? Just like he 'set the stage' for this bogus charade and privately-funded $500,000++ bogus Public Relations campaign that turned into a major screw-up radically transforming Downtown Mesa into a satellite ASU campus???
He says economic developers have to make areas around universities attractive for students, and public investment on things like the light rail and the Mesa Arts Center are one part of that.
Caliber is currently working on getting six to eight tenants to move into the buildings, and then another three to six months would be needed for tenant improvements.
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