Scottsdale-based Caliber — The Wealth Development Company made the Inc. 5000 list of “Fastest Growing Private Companies in America,” for the seventh consecutive year.
This recognition comes as the real estate investment firm has seen three years of steady earning growth of 19.5%, according to a press release.
Caliber enters the rare company that has garnered six or more recognitions. That group includes Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle and Zappos.com. Of the nearly 80,000 companies ranked since the program’s inception in 1982, only 8/10ths of 1% have made the list seven times.
“It’s safe to say that we’re in seventh heaven being recognized by Inc. as one of the fastest growing companies in the country, especially in light of the challenges of COVID-19,” Caliber President, COO and co-founder Jennifer Schrader said in a prepared statement.
“It is truly an honor and a testament to the dedication and hard work of our teams, who have had to be more flexible, adaptive and resourceful than ever operating remotely.”
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016-19. Caliber has experienced steady revenue growth the past three years: $77 million in 2019, $70 million in 2018, and $64.4 million in 2017. Overall, Caliber ranked 4,881 on the list, a release states.
Being an Inc. 5000 seven-time honoree continues a busy year for Caliber, as the company in February launched for the first time in its 12-year history an online public offering through
InvestCaliber.com, which allows direct public investment in the company for as little as $2,000.
The company, whose asset base has grown 186% during the past four years to more than $400 million, also welcomed homebuilder D.R. Horton to The Ridge, Caliber’s new 324-acre master-planned community in Johnstown, Colorado.
This became national news for Caliber, in addition to a July announcement with Arizona Sen. Martha McSally that LaunchPad, an innovator in the coworking space, will open its sixth location in downtown Mesa – a federally designated Opportunity Zone.
LaunchPad is expected to generate new jobs and revenue for the East Valley while supporting graduates of the new Arizona State University Mesa City Center Campus.
“Continuing our streak as an Inc. 5000 honoree reaffirms everything that we strive for at Caliber: Growth for our investors and the community we serve,” CEO Chris Loeffler said in a prepared statement.
“Every investment and relationship we solidify adds to a larger and more dynamic financial tapestry that is validated by steady revenue growth and acknowledged by the Inc. 5000.”