CaliberCos Inc. Announces Strategic Relationship with Alchemy Acquisition Corporation

Henry Huang, Managing Partner of Alchemy commented “This investment reflects our high conviction in Caliber’s management team, and we believe that Alchemy’s extensive resources and expertise will help enable Caliber to further capitalize on its strong momentum and significant growth potential. We are very excited to work with Caliber’s talented founders to continue to provide best-in-class solutions to the real estate investment management industry.”

SCOTTSDALE, Ariz. – CaliberCos Inc., a fully integrated real estate company, announced today that it has formed a strategic relationship with global merchant banking firm, Alchemy Acquisition Corp. (“Alchemy”). Alchemy has committed equity capital through a direct investment in Caliber’s Series B. Caliber will utilize Alchemy’s investment and merchant banking services to focus on real estate development projects in the Southwest and Mountainwest regions of the United States.

This transaction aligns two organizations that are well positioned to create efficiencies of scale across both of their respective investing platforms. Alchemy provides institutional equity and wall street expertise to enhance Caliber’s investment funds and offerings, which are focused on middle market investments across the Southwest and Mountainwest Region. Details surrounding the transaction will be announced on a stepped-up basis.

Commenting on the news, Chris Loeffler, Co-Founder and CEO stated, “We believe this strategic partnership is a precursor to yet another potential milestone for Caliber. As an alternative investment manager and developer, capital is the life-blood of our growth and we believe this partnership with Alchemy will drive project level capital as well as shareholder value."