<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019e2caa-a04b-7a35-a2b9-92b53f4338fc,g:a2b028e8-545d-45a0-9de9-5332df16d4b1-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://caliberco.com/role/Cover" xlink:type="simple" xlink:href="cwd-20260731.xsd#Cover"/>
  <link:presentationLink xlink:role="http://caliberco.com/role/Cover" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_019e2caa-a04b-77be-9c51-e253a68309b8" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_DocumentType_019e2caa-a04b-77be-9c51-e253a68309b8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_019e2caa-a04b-7227-8680-d9d4031f30b4" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_DocumentPeriodEndDate_019e2caa-a04b-7227-8680-d9d4031f30b4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_019e2caa-a04b-79da-9825-92ca27399f5d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityRegistrantName_019e2caa-a04b-79da-9825-92ca27399f5d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_019e2caa-a04b-72fc-bb6d-37a685a2fbf5" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityIncorporationStateCountryCode_019e2caa-a04b-72fc-bb6d-37a685a2fbf5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_019e2caa-a04b-71ad-9520-a6d73d3104bf" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityFileNumber_019e2caa-a04b-71ad-9520-a6d73d3104bf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_019e2caa-a04b-7a2b-8828-ab66958f6f91" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityTaxIdentificationNumber_019e2caa-a04b-7a2b-8828-ab66958f6f91" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_019e2caa-a04b-7eb9-a9ca-9aee2a271830" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityAddressAddressLine1_019e2caa-a04b-7eb9-a9ca-9aee2a271830" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine2_019e2caa-a04b-787b-9b20-ffe1c545b2f5" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityAddressAddressLine2_019e2caa-a04b-787b-9b20-ffe1c545b2f5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_019e2caa-a04b-7de9-82cd-5a461a81065e" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityAddressCityOrTown_019e2caa-a04b-7de9-82cd-5a461a81065e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_019e2caa-a04b-779d-b77a-f7fc6670e530" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityAddressStateOrProvince_019e2caa-a04b-779d-b77a-f7fc6670e530" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_019e2caa-a04b-7bda-be81-4cc0ce7e8b0e" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityAddressPostalZipCode_019e2caa-a04b-7bda-be81-4cc0ce7e8b0e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_019e2caa-a04b-79b2-b246-5e8f643abbb8" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_CityAreaCode_019e2caa-a04b-79b2-b246-5e8f643abbb8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_019e2caa-a04b-7e37-9b0c-9e57fad739e5" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_LocalPhoneNumber_019e2caa-a04b-7e37-9b0c-9e57fad739e5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_019e2caa-a04b-707e-9acc-10b04c2c448d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_WrittenCommunications_019e2caa-a04b-707e-9acc-10b04c2c448d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_019e2caa-a04b-7b68-9e78-fa9583a0fb76" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_SolicitingMaterial_019e2caa-a04b-7b68-9e78-fa9583a0fb76" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_019e2caa-a04b-7a7f-916f-faa29b56f1fd" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_PreCommencementTenderOffer_019e2caa-a04b-7a7f-916f-faa29b56f1fd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_019e2caa-a04b-7235-a21b-d019714570b3" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_019e2caa-a04b-7235-a21b-d019714570b3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_019e2caa-a04b-7264-b195-e36ae90c66a2" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_Security12bTitle_019e2caa-a04b-7264-b195-e36ae90c66a2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_019e2caa-a04b-75f2-93e2-da363a9351c4" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_TradingSymbol_019e2caa-a04b-75f2-93e2-da363a9351c4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_019e2caa-a04b-7412-ad69-e8c041844586" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_SecurityExchangeName_019e2caa-a04b-7412-ad69-e8c041844586" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_019e2caa-a04b-788a-885f-bd64a1504117" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityEmergingGrowthCompany_019e2caa-a04b-788a-885f-bd64a1504117" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityExTransitionPeriod_019e2caa-a04b-7b83-9c6e-922fbab9df61" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityExTransitionPeriod"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityExTransitionPeriod_019e2caa-a04b-7b83-9c6e-922fbab9df61" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_019e2caa-a04b-7d7b-8457-d02139d5bb36" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_AmendmentFlag_019e2caa-a04b-7d7b-8457-d02139d5bb36" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_019e2caa-a04b-7980-94c6-fd5ddf597446" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e2caa-a04b-711b-baec-300c5291ff9c" xlink:to="loc_dei_EntityCentralIndexKey_019e2caa-a04b-7980-94c6-fd5ddf597446" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
