other_material
confidence high
sentiment positive
materiality 0.55
Caliber advances Hyatt Studios development across three markets; Steamboat Springs groundbreaking Q2 2026
CaliberCos Inc.
- Steamboat Springs, CO project closed construction financing, expected groundbreaking Q2 2026, opening Q3/Q4 2027.
- Riverwalk/Scottsdale, AZ and Georgetown, TX projects in earlier stages; Scottsdale approvals targeted Q3 2026.
- Targeted levered IRRs of low-to-mid-20% and equity multiples of ~2.3x–2.6x over 6-year hold.
- Hyatt providing ~$1.14M in brand capital for Steamboat project to support development.
- Caliber offering accredited investors feeder-fund or project-by-project investment options.