Tobin & Company Securities LLC (TOBIN), a distinguished woman-owned broker-dealer, has once again collaborated with CaliberCos Inc, a NASDAQ-listed entity (CWD), as the Managing Broker-Dealer (MBD) for the SouthPointe MezzCo, LLC offering. This partnership underscores TOBIN’s ongoing commitment to facilitating complex financial undertakings with precision and regulatory acumen, particularly in managing $5,600,000 worth of Unsecured Promissory Notes for the SouthPointe project in Phoenix, Arizona.
SouthPointe is poised to become a standout low-density residential development, strategically located south of the southeast corner of 51st Street and Elliot Road in Phoenix. The planned development will cover approximately 2.93 acres, featuring 51 units that include both one and two-bedroom apartments, ranging in size from approximately 798 to 1,267 square feet. Each unit is designed to enhance the quality of life for its residents, with about half of the homes offering direct-access car garages, while the remainder will benefit from allocated surface parking.
The community design focuses on family-friendly amenities that cater to a diverse resident demographic. These amenities include a community clubhouse, a state-of-the-art fitness center, a business center, a coffee bar, a community pool, and a pet park, all of which contribute to a holistic living experience. These facilities not only serve the residents’ needs but also enhance the appeal of SouthPointe as a prime choice for potential tenants seeking a blend of comfort, convenience, and community.
As the MBD, TOBIN played a pivotal role in ensuring that the offering complied with stringent regulatory standards set forth by the Financial Industry Regulatory Authority (FINRA). TOBIN’s expertise in securities regulation and its status as a woman-owned broker-dealer add significant credibility and trust to the management of such offerings. Furthermore, TOBIN supports each of the FINRA-registered sales agents at CaliberCos Inc, holding their licenses within the broker-dealer framework. This support is critical in maintaining the integrity of the investment process and ensuring that each registered representative operates within FINRA’s regulatory guidelines while prioritizing investor interests.
FINRA, the Financial Industry Regulatory Authority, is dedicated to investor protection and market integrity through effective and efficient regulation of broker-dealers. TOBIN’s active management includes ensuring that all promotional and investment soliciting activities meet FINRA’s rigorous standards, thus safeguarding investor interests and reinforcing regulatory compliance.
The offering’s success is indicative of the strong market demand for well-thought-out residential projects and reflects the effective synergy between TOBIN’s regulatory expertise and CaliberCos Inc’s development acumen. By effectively overseeing the investment process, TOBIN ensures that all aspects of the offering adhere to the highest standards of compliance and transparency.
The SouthPointe project is an excellent example of how strategic real estate development, when combined with expert financial stewardship and compliance management, can result in a successful investment opportunity that benefits all stakeholders. The development is designed not only to generate returns but also to create a sustainable and attractive living environment for its residents.
TOBIN is a woman-owned broker-dealer that facilitates and oversees complex financial private placement offerings within the real estate sector and in other industries. The success of this offering underscores the firm’s commitment to excellence in investment banking, managing broker-dealer operations and private placements, ensuring that every project it undertakes for the benefit of its clients is executed with meticulous attention to detail and adherence to regulatory standards, thereby fostering investor confidence and contributing to the overall success of the development.
