Caliber Acquires Holiday Inn & Suites; Hotel Room Ownership Rises to 30% Within 1.5 Miles of Phoenix Sky Harbor Airport

The 44th and McDowell Hotel Group, LLC, an affiliate of the Caliber Distressed Real Estate Income Fund (CDIF, LLC) private equity fund managed by Caliber Companies, today announced its acquisition of the 4-story, 228-room Holiday Inn Hotel & Suites Phoenix Airport North in Phoenix Arizona. The hotel is the Company’s third hospitality acquisition in three…