Caliber sells Northsight Crossing

_{Photo via CaliberCox Inc.}

(Disclosure: Rose Law Group represents CaliberCos.)

By AZRE

CaliberCos Inc., a real estate investor, developer, and manager, today announced the sale of Northsight Crossing, a prominent retail center located in Scottsdale, Ariz. The property was purchased in January 2022 by Northsight Crossing AZ, LLC, a Caliber co-sponsored single asset syndication, for $21.1 million and was sold this month to Hunt Retail Investments, LLC, a local investment group for $27.4 million. After fees and other expenses, the sale generated an internal rate of return of approximately 22 percent for investors.

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October 27, 2023

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Caliber sells Northsight Crossing

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Caliber sells Northsight Crossing

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