![]() “Our Caliber teammates cannot thank you enough for your support during this most demanding period.”Ĭaliber also revealed how well it had weathered the pandemic thanks to the landlords’ cooperation and the MSO’s own internal cuts. ![]() “Caliber is well positioned to move into the future with the same, if not increased, financial strength that we have enjoyed over the past decade,” Caliber wrote. 2 for the the amount it withheld in April, May and June. It promised to direct-deposit or mail checks by Oct. ![]() ![]() 31.Īccording to the letter, Caliber had been paying its full rent since July 2. “Despite having to contend with one of the most challenging environments our nation has had to face, we are pleased to tell you that we are in a position to follow through on that commitment,” Caliber told landlords Aug. 31 letter to landlords Caliber shared with us Thursday, the MSO recapped its precautions for the national COVID-19 economic shutdown and reported it had emerged “well positioned to move into the future.”Ĭaliber in late March told landlords it would cut rent payments 40 percent “while we solidify our business operations to adjust for the significant reduction in collision repair business.” It promised to make the property owners whole. ![]() Caliber Collision last month announced it would repay landlords all back rent owed and would resume expansion - “with expectations to add over 100 new centers in 2020.” ![]()
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