CaliberCos (Nasdaq: CWD) breaks ground on Hyatt Studios hotel in Steamboat Springs
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CaliberCos Inc. has broken ground on a Hyatt Studios extended-stay hotel in Steamboat Springs, Colorado, under its multi-market hospitality development platform. The four-story property is planned with approximately 114 rooms across 57,971 square feet on 2.71 acres at 1801 Lincoln Avenue.
The project is described as the first of three Hyatt Studios hotels Caliber is advancing in Steamboat Springs, Riverwalk/Scottsdale, and Georgetown, under a Master Development Agreement that grants exclusive development areas. Construction is targeted for completion in the second quarter of 2027, with property stabilization anticipated in the first quarter of 2029. Caliber plans a total of 15 Hyatt Studios properties, using mezzanine financing from Hyatt, with stabilized assets expected to transition into Caliber Hospitality Trust through a forward purchase structure. Caliber reports over $2.6 billion in Managed Assets and a 17-year track record in middle-market hospitality and multifamily real estate.
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Hotel Rooms: approximately 114 rooms
Property Size: 57,971 square feet
Site Area: 2.71 acres
+5 more
8 metrics
Hotel Rooms
approximately 114 rooms
Planned room count for the Hyatt Studios extended-stay hotel in Steamboat Springs
Property Size
57,971 square feet
Four-story Hyatt Studios hotel gross floor area in Steamboat Springs
Site Area
2.71 acres
Land size for the Steamboat Springs Hyatt Studios development
Construction Completion Target
second quarter of 2027
Targeted completion date for construction of the Steamboat Springs hotel
Property Stabilization
first quarter of 2029
Anticipated stabilization timing for the Steamboat Springs Hyatt Studios hotel
Planned Hyatt Studios Properties
15 Hyatt Studios properties
Total number of Hyatt Studios hotels Caliber plans to develop
Managed Assets
over $2.6 billion
Total Managed Assets reported for Caliber’s real estate platform
Track Record
17-year track record
Duration of Caliber’s investing history in middle-market hospitality and multifamily real estate
Key Terms
extended-stay hotel, Master Development Agreement, mezzanine financing, forward purchase structure, +2 more
6 terms
extended-stay hotel financial
"Hyatt Studios extended stay hotel in Steamboat Springs, Colorado"
Master Development Agreement financial
"Caliber is a preferred developer of Hyatt Studios under a Master Development Agreement"
A master development agreement is a long-term contract that sets the rules for how two parties will cooperate to develop a product, drug, property or technology, including responsibilities, payment terms, milestones and ownership of results. Think of it as a blueprint or framework agreement that governs a series of specific projects so future work can proceed without renegotiating every detail. Investors watch these agreements because they reveal commitments, timing and how risks, costs and potential rewards are shared — all of which affect a company’s future cash flow and valuation.
mezzanine financing financial
"The Company's capital stack for the platform is designed to utilize key mezzanine financing from Hyatt"
Mezzanine financing is a hybrid form of capital that sits between a company’s senior loan and its ownership, typically structured as a subordinated loan or convertible instrument that pays higher interest and may include rights to convert into equity. Think of it like a second mortgage or a booster seat: it carries more risk than the main loan but is less permanent than selling shares. It matters to investors because it can boost returns for lenders, increase a company’s debt burden, and potentially dilute equity if converted, influencing risk and reward.
forward purchase structure financial
"stabilized Hyatt Studios assets are expected to transition into Caliber Hospitality Trust (CHT) through a forward purchase structure"
Caliber Hospitality Trust (CHT) financial
"stabilized Hyatt Studios assets are expected to transition into Caliber Hospitality Trust (CHT)"
tokenization technical
"implementing blockchain and tokenization strategies across its investment platform"
Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What project did CaliberCos Inc. (CWD) announce in Steamboat Springs, Colorado?
CaliberCos announced it has broken ground on a Hyatt Studios extended-stay hotel in Steamboat Springs, Colorado. The four-story property will have approximately 114 rooms and 57,971 square feet, targeting modern extended-stay demand in this year-round destination.
What are the key specifications and timeline for CWD’s Hyatt Studios Steamboat Springs hotel?
The Steamboat Springs Hyatt Studios hotel will include about 114 rooms over 57,971 square feet on 2.71 acres. Construction is targeted for completion in the second quarter of 2027, with property stabilization anticipated in the first quarter of 2029.
How does the Steamboat Springs hotel fit into CaliberCos (CWD) Hyatt Studios platform?
The Steamboat Springs hotel is the first of three Hyatt Studios projects to begin construction in Steamboat Springs, Riverwalk/Scottsdale, and Georgetown. It is part of a broader plan to develop 15 Hyatt Studios properties under a Master Development Agreement with Hyatt.
What is CaliberCos Inc.’s (CWD) broader hospitality and investment strategy?
CaliberCos is a real estate-focused alternative asset manager with over $2.6 billion in Managed Assets and a 17-year track record. It emphasizes ground-up hospitality development, brand partnerships, and plans to move stabilized Hyatt Studios assets into Caliber Hospitality Trust via forward purchase structures.
How is Hyatt involved financially in CaliberCos (CWD) Hyatt Studios development platform?
CaliberCos states that its capital stack for the Hyatt Studios platform is designed to use key mezzanine financing from Hyatt. Stabilized Hyatt Studios hotels are expected to transition into Caliber Hospitality Trust, aiming to provide investors with visibility and reduced disposition risk.
What role do digital assets and tokenization play in CaliberCos (CWD) strategy?
Caliber integrated digital asset infrastructure by investing in LINK, the token underlying Chainlink, in 2025. It is implementing blockchain and tokenization strategies across its investment platform to influence how real estate assets are financed, owned, and accessed.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
| (Commission File Number) | (IRS Employer Identification No.) | |||||||
| 85258 | ||||||||
| (Address of Principal Executive Offices) | ||||||||
(480 ) 295-7600
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbols | Name of each exchange on which registered | ||||||
The | ||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 7.01 Regulation FD Disclosure.
On July 16, 2026, CaliberCos Inc. (the “Company” or “Caliber”) issued a press release announcing that it has broken ground on its Hyatt Studios extended stay hotel in Steamboat Springs, Colorado. Company executives, development partners, and community leaders gathered on Wednesday to celebrate the start of construction of the approximately 114-room extended-stay hotel at 1801 Lincoln Avenue. The four-story, 57,971-square-foot property is expected to open in the second half of 2027 and will help address the growing demand for modern extended-stay accommodations in one of Colorado's premier four-season destinations.
This hotel is the first of three Hyatt Studios projects in Caliber's multi-market platform to begin construction, advancing hospitality developments in Steamboat Springs, CO; Riverwalk/Scottsdale, AZ; and Georgetown, TX.
A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is hereby furnished pursuant to this Item 7.01.
The information disclosed under this Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
Exhibit No. | Exhibit | |||||||
99.1 | Press release dated July 16, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CaliberCos Inc. | ||||||||
| Date: July 17, 2026 | ||||||||
| By: | /s/ John C. Loeffler, II | |||||||
| Name: | John C. Loeffler, II | |||||||
| Title: | Chief Executive Officer | |||||||
Exhibit 99.1
Caliber Breaks Ground on Hyatt Studios Development
in Steamboat Springs, CO
Groundbreaking ceremony marks the first development to start construction within Caliber's Hyatt Studios high-growth market hospitality platform
SCOTTSDALE, Ariz, July 16, 2026 – Caliber (Nasdaq: CWD), a real estate-focused alternative asset manager, today announced that it has broken ground on its Hyatt Studios extended stay hotel in Steamboat Springs, Colorado. Company executives, development partners, and community leaders gathered on Wednesday to celebrate the start of construction of the approximately 114-room extended-stay hotel at 1801 Lincoln Avenue. The four-story, 57,971-square-foot property is expected to open in the second half of 2027 and will help address the growing demand for modern extended-stay accommodations in one of Colorado's premier four-season destinations.
“Today's groundbreaking reflects the continued execution of our hospitality development strategy and our commitment to delivering high-quality extended-stay accommodations in markets where demand continues to outpace supply,” said Chris Loeffler, Chief Executive Officer of Caliber. “Steamboat Springs represents one of the most attractive hospitality markets in the Mountain West, and we're excited to bring Hyatt Studios to a community that benefits from year-round tourism, workforce demand and limited existing extended-stay inventory.”
This hotel is the first of three Hyatt Studios projects in Caliber's multi-market platform to begin construction, advancing hospitality developments in Steamboat Springs, CO; Riverwalk/Scottsdale, AZ; and Georgetown, TX.
“We are excited to welcome Hyatt Studios and their team to Steamboat Springs,” said Steamboat Springs Chamber CEO Sarah Leonard. “Their investment in our community means new jobs, expanded lodging options, and additional sales and lodging tax revenue that helps support the services and amenities that make our community great.”
The Steamboat market represents one of the most compelling hotel development environments in the Mountain West. It is a year-round destination with established winter ski demand paired with growing summer visitation. We believe that this new development will benefit from a positive competitive environment for a modern branded product like Hyatt Studios.
“Breaking ground on this hotel is an exciting milestone for Hyatt Studios and reflects the momentum we're building with developers like Caliber, whose commitment is accelerating the growth of the brand,” said Kevin Schramm, Senior Vice President of Growth for Hyatt's Essentials portfolio. “Hyatt Studios was created to meet the growing demand for modern extended-stay accommodations in secondary and tertiary markets while delivering a compelling offering for guests and an efficient operating model for owners.”
The Hyatt Studios brand is Hyatt's upper-midscale extended-stay concept, purpose-built for longer stays with a lean operating model and modern amenities. The Steamboat Springs hotel on 2.71 acres will feature guest amenities including kitchens in every guestroom, interior ski and bike storage, a self-service marketplace with complimentary grab-and-go breakfast, 24-hour fitness and laundry facilities, and outdoor patio space featuring two in-ground hot tubs, fire pits, grills, and seating, with access to ski slopes along the community bus route.
The design will also incorporate energy- and water-efficient features, including LED lighting packages and low-flow fixtures, smart thermostats, and EV charging designed to enhance operational efficiency and reduce environmental impact.
Construction is targeted for completion in the second quarter of 2027, with property stabilization anticipated in the first quarter of 2029.
A Preferred Hyatt Studios Developer
Caliber is a preferred developer of Hyatt Studios under a Master Development Agreement that grants the Company exclusive development areas. Caliber has successfully developed and operated multiple hospitality projects across diverse markets, demonstrating deep expertise in ground-up hotel development, brand partnerships, and operational execution, with a particularly strong track record across the Southwest and Mountain West growth corridors. The Company's capital stack for the platform is designed to utilize key mezzanine financing from Hyatt, and Steamboat Springs is one of 15 Hyatt Studios properties Caliber plans to develop.
Caliber's strategy is not merchant development, but rather stabilized Hyatt Studios assets are expected to transition into Caliber Hospitality Trust (CHT) through a forward purchase structure, providing investors with visibility and reduced disposition risk.
About Caliber (CaliberCos Inc.)
Caliber (Nasdaq: CWD) is a real estate-focused alternative asset manager with over $2.6 billion in Managed Assets and a 17-year track record investing in middle-market hospitality and multifamily real estate. The Company operates an institutional-quality asset management platform paired with a boutique, hands-on investment approach focused on value creation in underserved market segments. In 2025, Caliber integrated digital asset infrastructure into its platform by investing in LINK, the token underlying Chainlink, a key technology enabling real estate fund tokenization, and is implementing blockchain and tokenization strategies across its investment platform to enhance how assets are financed, owned, and accessed. Investors can participate in Caliber through its publicly traded equity (Nasdaq: CWD), which provides exposure to both its real estate platform and digital asset holdings, and through its private real estate investment funds for accredited investors and financial professionals.
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 Investor Relations
Ilya Grozovsky
+1 480-214-1915
Ilya@CaliberCo.com
Media Relations
Phillip Robertson
+1 917-498-4711
PRobertson@ImpactPartners.llc
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/cf990141-1b80-4f97-97eb-e8c7cbe0a965
https://www.globenewswire.com/NewsRoom/AttachmentNg/a333e9cd-488f-4e50-baf4-66aece4785af
https://www.globenewswire.com/NewsRoom/AttachmentNg/23f8ead6-ea0b-4cb9-8b80-0107ae2071cf