“The Ridge” will bring new residential and commercial development to the rapidly growing Community
SCOTTSDALE, Ariz. (March 5, 2019) – Caliber - The Wealth Development Company has announced Aspen View Homes and Bridgewater Homes as the first new home builders to enter its 165-acre mixed-use development in Johnstown, Colorado. Dubbed, The Ridge, this is the largest project in Colorado for the Arizona-based real estate investment, development and management firm. Combined, the builders will take down 208 lots with homes ranging from 1,460 to 3,800 square feet, and pricing starting in the high $300s.
“Caliber is committed to building a dynamic community in Johnstown that will help meet both the residential and commercial real estate needs of the area,” said Roy Bade, Caliber Executive Vice President and Fund Manager. “Joining forces with well-respected partners is crucial to executing our vision for this development and we couldn’t be happier to have Aspen View and Bridgewater Homes onboard.”
One of the top new home builders in the country, Aspen View Homes is known for its energy-saving construction and contemporary design features. Bridgewater Homes was named the 2017 Builder of the Year by the Home Builders Association of Northern Colorado and prides itself on delivering quality craftsmanship and exceptional customer service. Both builders are expected to break ground in Fall 2019.
Located at the intersection of I-25 and Freedom Parkway (Hwy Road 402), the development will include single family and multi-family housing, retail and industrial space. With beautifully planned neighborhoods and several community parks, The Ridge has been deliberately designed to reflect the close-knit community feel of Johnstown while addressing the area’s growing need for housing and commercial services.
“We are committed to being a valuable and stable part of this community,” said Chris Loeffler, Caliber CEO and Co-Founder. “We will continue to work closely with city officials and the chamber of commerce to create a thriving community in what was previously an undeveloped area of Johnstown.”
Caliber leads the market in providing individual accredited investors and registered investment advisors with well-structured alternatives to traditional investments. The company builds wealth by forming and managing real estate private equity investments, either through individual assets or multi-asset funds. Caliber both acquires assets and takes on ground-up development projects such as the Johnstown community. The Ridge is part of the Caliber Diversified Opportunity Fund II, LP. For more information about Caliber or its various investment opportunities, visit CaliberCo.com.
Headquartered in Scottsdale, Ariz., Caliber - The Wealth Development Company is a full-service real estate investment company specializing in commercial, residential, multi-family, self-storage and hospitality properties. Over its 10-year operating history, Caliber has invested more than $225 million in equity across the Southwest Region with more than $400 million of assets under management held currently. Caliber offers a vertically integrated solution through its four business units: Investment, Construction & Development, Property Management & Brokerage, and Hospitality. The Company provides a growing community of registered investment advisors and high net worth individuals, who currently represent investible capital in excess of $4B, access to real estate private equity funds and direct investments. Learn more at Caliberco.com or follow Caliber on social @CaliberCo.
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