Caliber Completes Sale of South Ridge Land Parcel in Johnstown, Colorado
Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced the sale of South Ridge, an 80-acre parcel of land in Johnstown, Colo., to Journey Homes for $7.6 million.
- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced the sale of South Ridge, an 80-acre parcel of land in Johnstown, Colo., to Journey Homes for $7.6 million.
- Located at 2279 South County Road 3 East, in Johnstown, the land sale was completed in December 2023.
- Journey Homes plans to develop 305 single family home lots on the land, which is situated directly south of Caliber’s Ridge development.
- “The sale of the South Ridge property will accelerate the development of new housing options to meet the growing need in the Northern Colorado area.