Recognizing the people and projects that exemplify the best practices in Arizona-based building and development, the Phoenix Business Journal recently announced Caliber CEO and Co-Founder, Chris Loeffler, as Landmark Leaders 2016 CRE Innovator of the Year. The CRE Innovator of the Year award honors a CRE trailblazer individual who distinguishes him or herself as an innovator who not only addresses a need and solves a problem, but also seizes an opportunity and creates a new idea or program.
Realizing individual investors were underserved in the investment community, Loeffler took the path less traveled and built Caliber – The Wealth Development Company by giving accredited investors direct access to owning a mix of properties typically available only to institutions. Eight years later, Loeffler’s vision has led Caliber to grow from a start-up with no initial capital into a full-service investment firm with over 590 employees and over $250 Million in commercial, hospitality, multi-family, residential and self-storage assets in 3 states. In 2016, Caliber received Greater Phoenix Chamber of Commerce Economic Driver Award and Better Business Bureau Torch Award for Ethics.
Loeffler was also chosen for the CRE Innovator of the Year award for his future vision and fueling growth in 2017 using newer federal legislation Regulation A+ of Title IV of The US JOBS ACT. Used to date by only a few companies in Arizona, Reg A+ was enacted to level the playing field for smaller businesses to grow, raise funds and invest back into the community using newer legislative guidelines.
The Phoenix Business Journal’s Landmark Leaders other award categories included CRE Woman of the Year, Mentor, Community Partner, Collaborator, Top Brokerage Partner, Top General Contractor Partner and Unsung Heroes awards.