Caliber Sells Holiday Inn Ocotillo for $13M, Poised for 2026-2027 Trust Expansion
Caliber sold the Holiday Inn Ocotillo in the Phoenix–Chandler submarket for $13.0 million, marking a successful capital recycling within its Hospitality Trust. Proceeds will combine with new equity from institutional partnerships to expand the CHT portfolio through disciplined, value-add acquisitions during the 2026–2027 growth phase.
1. Holiday Inn Ocotillo Sold for $13.0 Million
Caliber completed the sale of the Holiday Inn Ocotillo in the Phoenix–Chandler submarket for $13.0 million, exiting an asset acquired prior to COVID after navigating industry disruptions and executing a successful repositioning strategy.
2. Capital Recycling to Fuel 2026–2027 Expansion
Proceeds from the sale will be combined with new equity raised through Caliber’s in-house capital markets platform and institutional partnerships to finance the next phase of hotel acquisitions in 2026–2027.
3. CHT’s Institutional-Grade Hotel Acquisition Strategy
The Caliber Hospitality Trust aggregates branded, cash-flowing hotels via tax-efficient contribution transactions, strategic value-add acquisitions and selective development opportunities, focusing on maximizing distributable cash flow relative to equity deployed.
4. Revenue Growth and Future Liquidity Plans
As the Trust’s asset base expands, Caliber expects increased asset management fees, performance-based incentives and balance sheet participation, while evaluating a non-traded REIT structure and long-term public listing.