Sterling Global Financial and LASKA Development Group Announce Hyatt Centric Hotel in Grand Cayman
Sterling Global Financial (“Sterling”) and LASKA Development Group (“LASKA”) are pleased to announce their newest luxury development together on Seven Mile Beach: the Hyatt Centric Grand Cayman – a four-star resort designed to deliver boutique-style elegance and a full suite of amenities to both hotel guests and owners.
The Hyatt Centric Grand Cayman will feature 316 rooms and suites, of which 150 will be available for sale for individual ownership. Select rooms will include a kitchenette, a washer, dryer, and a dedicated owners’ closet, designed to combine comfort and convenience for both guest and owner stays. Amenities will include multiple food & beverage outlets, a signature rooftop restaurant, two pools plus a jacuzzi, indoor event facilities, an outdoor event lawn, pickleball courts, and a fully equipped fitness centre.
Unit sales have already generated significant demand, with 45% of the inventory sold. This follows a successful 100% sellout at Sterling and LASKA’s Grand Hyatt Grand Cayman Resort & Spa, which is scheduled to open in early 2026.
“We are excited to continue investing in Grand Cayman as partners with LASKA, which we believe to be the strongest hotel market in the Caribbean. Hyatt Centric represents an opportunity to offer a more accessible, design-driven lifestyle product without sacrificing amenities,” said David Kosoy, Co-founder and Managing Partner, Sterling Global Financial.
“This project also allows us to expand our successful partnership with hospitality leader, Hyatt, and LASKA, delivering projects built to global standards that provide lasting value for owners and guests.”
Sterling Global Financial is a global alternative asset management firm specializing in real estate investment and development, infrastructure, and financial services, with more than 50 years of combined experience. The firm’s commitment to innovation and excellence has established Sterling as a recognized leader in the industry. Sterling is invested in several noteworthy projects across the Caribbean, including Hurricane Hole Superyacht Marina and Montage Cay Resort & Residences in The Bahamas and the Grand Hyatt Grand Cayman Resort & Spa on Seven-Mile Beach, and Wymara Resort & Villas, Turks & Caicos.
LASKA Development Group is a US-based real estate investment and development firm specializing in hospitality development including the currently under construction Grand Hyatt Grand Cayman Resort & Spa.
Sales at Hyatt Centric are being led by Brad Huffstatler and Kim Lund of RE/MAX Cayman, and range in price from approximately US$675,000 to US$3 million, depending on size and location. Expected completion is 2028.
For more information, please contact:
Brad Huffstetler, RE/MAX Cayman – brad.huffstetler@remax.ky | 1 (345) 328-1118
Kim Lund, RE/MAX Cayman – kim.lund@remax.ky | 1 (345) 949-9772