Caliber sells Holiday Inn Ocotillo for $13M, plans CHT portfolio expansion

CaliberCos Inc.

Sold Holiday Inn Ocotillo in Phoenix-Chandler submarket for $13.0 million through Caliber Hospitality Trust (CHT).
Proceeds will be combined with new equity from capital markets and institutional partners to grow CHT portfolio in 2026.
CHT aims to acquire branded, cash-flowing hotels via tax-efficient contributions, value-add renovations, and debt solutions.
CHT intends to scale, potentially pursue a public listing, and generate recurring asset management fees for Caliber.

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