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Properties are leased to taxable REIT subsidiaries and managed by third-party operators.","people":[],"products":[{"name":"Wholly Owned Lodging Properties","type":"service","description":"52 lodging properties fully owned by the Company across 24 states under premium franchise brands."},{"name":"GIC Joint Venture Portfolio","type":"service","description":"40 lodging properties owned through a 51% controlling interest joint venture with GIC."},{"name":"Brickell Joint Venture","type":"service","description":"Two lodging properties owned through a 90% equity interest joint venture."},{"name":"Onera Joint Venture","type":"service","description":"One lodging property owned through a 90% equity interest joint venture."},{"name":"Mezzanine Lending","type":"service","description":"Select mezzanine loans to developers, often paired with future acquisition rights of completed lodging properties."}],"partnerships":[{"partner_name":"GIC (USFI G-Peak Pte. Ltd.)","partnership_type":"strategic","description":"Joint venture formed July 2019; GIC holds 49% interest in 40 lodging properties with a 50% overall leverage target.","start_date":null},{"partner_name":"Marriott International, Inc.","partnership_type":"licensing","description":"Franchise brand agreements covering premium lodging brands for Company properties.","start_date":null},{"partner_name":"Hilton Worldwide","partnership_type":"licensing","description":"Franchise brand agreements covering premium lodging brands for Company properties.","start_date":null},{"partner_name":"Hyatt Hotels Corporation","partnership_type":"licensing","description":"Franchise brand agreements covering premium lodging brands for Company properties.","start_date":null},{"partner_name":"InterContinental Hotels Group (IHG)","partnership_type":"licensing","description":"Franchise brand agreements covering premium lodging brands for Company properties.","start_date":null},{"partner_name":"NewcrestImage Holdings, LLC","partnership_type":"strategic","description":"Holds all issued and outstanding 5.25% Series Z Cumulative Perpetual Preferred Units of the Operating Partnership, issued as part of the NCI Transaction.","start_date":null}],"affiliations":[],"origin":{"leaf":"8be10b40bf846b496637c706943e0ffecc550aa951eaf38430755db6b9dde5d1","formula":"v2: sha256( sha256(content) || parent || source_accession )","content_sha256":"8759221bf25bdf0f3804c5f14de0d107359beab355bc4f0a1c43ad4559e54124","parent":"fc63c4b4325c545c552db183cc01d26fce2aaa95d75b687c66723cf8e2a1f3c4","source":"0001497645-26-000015","chain":"sec.gov/EDGAR (retrieved over TLS, accession recorded) > origin.rootz.global extraction > this response","registry":"origin.rootz.global","verify":"Recompute it: sha256(sha256(<this response body minus the origin block>) || parent || source_accession). 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