Caliber Hospitality Development Launches to Pursue Opportunistic and Distressed Hotel Investments
Caliber (NASDAQ: CWD) has announced the launch of Caliber Hospitality Development (CHD), a strategic joint venture with GIA Hospitality. The venture, seeded with an initial $2 million investment from GIA, will focus on two core initiatives: acquiring distressed hotel properties at discounted rates and developing extended stay hotels in high-demand markets.
The venture will operate under the Caliber Hospitality brand and is led by Izhak Ben Shabat. CHD already has four pipeline projects in development, including two Hyatt Studios developments in Scottsdale, Arizona, and Georgetown, Texas. The platform will leverage Caliber's integrated real estate services, including development, construction, finance, and asset management.
Caliber (NASDAQ: CWD) ha annunciato il lancio di Caliber Hospitality Development (CHD), una joint venture strategica con GIA Hospitality. La partnership, avviata con un investimento iniziale di 2 milioni di dollari da parte di GIA, si concentrerà su due iniziative principali: l'acquisizione di proprietà alberghiere in difficoltà a prezzi scontati e lo sviluppo di hotel per soggiorni prolungati in mercati ad alta domanda.
La joint venture opererà sotto il marchio Caliber Hospitality ed è guidata da Izhak Ben Shabat. CHD ha già quattro progetti in pipeline in fase di sviluppo, tra cui due strutture Hyatt Studios a Scottsdale, Arizona, e Georgetown, Texas. La piattaforma sfrutterà i servizi immobiliari integrati di Caliber, che includono sviluppo, costruzione, finanza e gestione degli asset.
Caliber (NASDAQ: CWD) ha anunciado el lanzamiento de Caliber Hospitality Development (CHD), una empresa conjunta estratégica con GIA Hospitality. La iniciativa, financiada con una inversión inicial de 2 millones de dólares por parte de GIA, se centrará en dos objetivos principales: adquirir propiedades hoteleras en dificultades a precios descontados y desarrollar hoteles de estadías prolongadas en mercados de alta demanda.
La empresa operará bajo la marca Caliber Hospitality y estará dirigida por Izhak Ben Shabat. CHD ya cuenta con cuatro proyectos en desarrollo, incluyendo dos desarrollos Hyatt Studios en Scottsdale, Arizona, y Georgetown, Texas. La plataforma aprovechará los servicios inmobiliarios integrados de Caliber, que incluyen desarrollo, construcción, finanzas y gestión de activos.
Caliber(NASDAQ: CWD)는 GIA Hospitality와의 전략적 합작 투자인 Caliber Hospitality Development(CHD)의 출범을 발표했습니다. GIA의 초기 200만 달러 투자로 시작된 이 합작 투자는 할인된 가격의 부실 호텔 자산 인수와 수요가 높은 시장에서의 장기 숙박 호텔 개발이라는 두 가지 핵심 사업에 집중할 예정입니다.
이 합작 투자는 Caliber Hospitality 브랜드로 운영되며 Izhak Ben Shabat가 이끌고 있습니다. CHD는 이미 Scottsdale, Arizona와 Georgetown, Texas에 각각 Hyatt Studios 개발 두 곳을 포함해 4개의 프로젝트를 진행 중입니다. 이 플랫폼은 개발, 건설, 금융, 자산 관리 등 Caliber의 통합 부동산 서비스를 활용할 것입니다.
Caliber (NASDAQ : CWD) a annoncé le lancement de Caliber Hospitality Development (CHD), une coentreprise stratégique avec GIA Hospitality. Cette initiative, financée par un investissement initial de 2 millions de dollars de GIA, se concentrera sur deux axes principaux : l'acquisition d'hôtels en difficulté à des tarifs réduits et le développement d'hôtels pour séjours prolongés dans des marchés à forte demande.
La coentreprise opérera sous la marque Caliber Hospitality et sera dirigée par Izhak Ben Shabat. CHD compte déjà quatre projets en cours, dont deux développements Hyatt Studios à Scottsdale, Arizona, et Georgetown, Texas. La plateforme tirera parti des services immobiliers intégrés de Caliber, incluant le développement, la construction, la finance et la gestion d'actifs.
Caliber (NASDAQ: CWD) hat die Gründung von Caliber Hospitality Development (CHD) bekannt gegeben, einem strategischen Joint Venture mit GIA Hospitality. Das Unternehmen, das mit einer anfänglichen Investition von 2 Millionen US-Dollar von GIA gestartet wurde, konzentriert sich auf zwei Kerninitiativen: den Erwerb von notleidenden Hotelimmobilien zu vergünstigten Preisen und die Entwicklung von Hotels für Langzeitaufenthalte in stark nachgefragten Märkten.
Das Joint Venture wird unter der Marke Caliber Hospitality betrieben und von Izhak Ben Shabat geleitet. CHD hat bereits vier Projekte in der Pipeline, darunter zwei Hyatt Studios-Entwicklungen in Scottsdale, Arizona, und Georgetown, Texas. Die Plattform nutzt die integrierten Immobiliendienstleistungen von Caliber, einschließlich Entwicklung, Bau, Finanzierung und Asset Management.
- Strategic joint venture backed by $2 million initial investment from GIA
- Four pipeline projects already secured, including two Hyatt Studios developments
- Opportunity to acquire distressed assets at significant discounts to replacement cost
- Access to Caliber's integrated real estate services platform
- Entering hospitality market during potentially challenging market conditions
- Execution risks associated with distressed property turnarounds
- Capital-intensive strategy requiring significant ongoing investment
Insights
Caliber's new hospitality joint venture strategically positions the company to capitalize on distressed hotel assets and high-demand extended stay opportunities.
Caliber (NASDAQ: CWD) has launched a strategic joint venture called Caliber Hospitality Development (CHD) with GIA Hospitality, establishing a specialized platform for opportunistic hospitality investments. The venture received an initial
The investment strategy is particularly well-timed within the current real estate cycle, focusing on two primary opportunities: acquiring distressed hotel properties at significant discounts to replacement cost, and developing extended stay hotels in markets with favorable supply-demand characteristics. This dual approach offers complementary revenue streams – one capitalizing on market dislocations (distressed assets) and the other on structural demand drivers (extended stay segment).
CHD already has four pipeline projects, including two Hyatt Studios developments in Scottsdale, Arizona and Georgetown, Texas. This immediate project lineup demonstrates execution capability and suggests the venture isn't just theoretical but operational with tangible assets.
The management structure pairs Caliber's real estate platform with Izhak Ben Shabat's entrepreneurial experience, creating an agile decision-making framework that should enable the venture to move quickly on opportunities – a critical advantage when pursuing distressed assets that often require rapid evaluation and closing.
For Caliber shareholders, this venture represents a strategic expansion that diversifies the company's real estate portfolio while maintaining focus on its core competencies. The structure allows Caliber to participate in hospitality opportunities without assuming all development risks, potentially improving risk-adjusted returns while expanding market presence in the hospitality sector.
Caliber & GIA Hospitality Partner in Strategic Joint Venture
SCOTTSDALE, Ariz., May 13, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced the launch of Caliber Hospitality Development, LLC (“CHD”), a joint venture between Caliber and GIA Hospitality, LLC (“GIA”). CHD will serve as the exclusive development platform for Caliber’s opportunistic hospitality investments, with a focus on acquiring distressed hotel assets and developing extended stay hotels in high-demand markets.
The joint venture was seeded with an initial
“We created CHD to capitalize on what we believe is one of the most attractive opportunities in the current real estate cycle—acquiring hospitality assets at a discount and building selectively in segments with strong demand fundamentals,” said Chris Loeffler, CEO of Caliber. “This structure allows us to move quickly, access high-upside opportunities, and provide compelling outcomes for our investors.”
CHD's investment strategy is centered around two core initiatives:
- Distressed hotel acquisitions – Identifying and acquiring underperforming or mismanaged hotel properties at significant discounts to replacement cost, with the goal of repositioning them for improved performance and long-term value creation.
- Ground-up extended stay development – Building in markets with favorable supply-demand dynamics, beginning with the recently announced, two Hyatt Studios developments in Scottsdale Arizona, and Georgetown, Texas.
The venture is led by Izhak Ben Shabat, a seasoned entrepreneur with a global track record in building and scaling successful businesses across consumer and real estate sectors. Under his leadership, CHD is positioned to act decisively in today’s evolving hospitality landscape.
“This partnership is built on speed, strategy, and long-term alignment,” said Izhak Ben Shabat, Managing Partner of GIA & CHD. “Our team is excited to work with Caliber to identify and execute high-quality hospitality investments across the country. We already have four pipeline projects and many more to come.”
In addition to pursuing new projects, CHD will evaluate strategic investments that provide a potential competitive advantage, including innovations that reduce construction costs and improve execution efficiency.
CHD is actively seeking relationships with hotel owners, brokers, developers, banks, financial institutions, and receivers who have distressed hospitality assets or high-quality extended stay development sites. The company is also inviting institutional and accredited investors to inquire with Caliber to participate in investment opportunities alongside CHD.
For more information, visit www.CaliberHospitality.com.
About Caliber (CaliberCos Inc.)
With over
About Caliber Hospitality
Caliber Hospitality is the hospitality investment division of Caliber (NASDAQ: CWD), encompassing both Caliber Hospitality Trust, Inc. (CHT) and Caliber Hospitality Development, LLC (CHD). CHT focuses on acquiring and managing stabilized hotel assets through a unique UPREIT structure, while CHD, formed in partnership with GIA Hospitality, is the exclusive platform for opportunistic hotel development and turnaround investments. Together, these entities enable Caliber to pursue a full range of hospitality strategies across the investment cycle.
About GIA (Gia Hospitality, LLC)
GIA Hospitality Group is a dynamic hospitality company based in Arizona, renowned for its dedication to an elevated lifestyle and health and wellness projects. Each of their initiatives is defined by a unique blend of passion, authenticity, and personalized service. With deep expertise in real estate development and asset management, the group consistently delivers projects that balance luxury, well-being, and long-term value. In addition, GIA Hospitality’s partners bring deep expertise in the global distribution of lifestyle and wellness products, with a combined revenue of over
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the Company’s public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
CONTACTS:
Caliber & CHD Investor Relations:
Ilya Grozovsky
+1 480-214-1915
Ilya@CaliberCo.com
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