Newbond has three primary businesses: 1) high value-add equity, 2) hospitality-focused debt and 3) best-in-class asset management. The equity business targets the opportunistic acquisition, repositioning, and eventual disposition of primarily upper-upscale and luxury full-service hotels in high-barrier U.S. markets. The debt business, a joint venture with Madison Realty Capital, originates and acquires hospitality loans across the U.S., spanning first mortgages, mezzanine financing, and preferred equity. Complementing these two businesses, Newbond’s asset management team provides institutional-quality oversight across a growing national portfolio, driving operational excellence and long-term value creation on behalf of owned real estate and select, strategic non-partner owners.