CaliberCos Inc. Breaks Ground on Hyatt Studios in Steamboat Springs

What Happened

• On July 16, 2026, CaliberCos Inc. (CWD) announced it broke ground on a Hyatt Studios extended-stay hotel at 1801 Lincoln Avenue in Steamboat Springs, Colorado.
• The project is a four-story, approximately 57,971-square-foot property with about 114 rooms and is expected to open in the second half of 2027. The announcement was made via a press release attached to the Form 8-K (filed July 17, 2026).

Key Details

• Project size: ~114 rooms, four stories, 57,971 sq ft.
• Location & timing: 1801 Lincoln Avenue, Steamboat Springs, CO; construction started July 16, 2026; expected opening H2 2027.
• Platform rollout: This is the first of three Hyatt Studios projects in Caliber’s multi-market platform (others in Riverwalk/Scottsdale, AZ, and Georgetown, TX).
• Filing/attachment: Announcement furnished under Regulation FD on Form 8-K; press release attached as Exhibit 99.1. Report signed by CEO John C. Loeffler, II.

Why It Matters

• This development advances Caliber’s hospitality pipeline and geographic expansion into a high-demand, four-season resort market, which could support future operating revenue and asset growth once the hotel opens.
• For investors, the item signals active development progress rather than immediate earnings impact—revenue contribution would begin after opening (projected H2 2027). The filing is a disclosure of a material company event (Regulation FD) and does not include financial results or funding details.