EFTA Document EFTA01374618

RXR Qualified Opportunity Zone Fund Offering Summary May 2019 RXR Realty LLC (together with its affiliates. "RXR Realty". "RXR" or the "Sponsor") is sponsoring a group of parallel limited liability companies (collectively. the "RXR Qualified Opportunity Zone Fund" or, the -Fund"). RXR believes that it is uniquely positioned to invest in designated Qualified Opportunity Zones ("QOZs') in the New York metropolitan area real estate market. given its rank as one of Manhattan's largest landlords, its multi-disciplined, fully-integrated platform, management experience. Power of Local competitive advantage and pipeline of properties located within QOZs. Management Team & Capabilities RXR's executive management team has been investing and executing in the New York metropolitan area for the past 23 years The management team now leads a nearly 500 person, vertically integrated real estate operating and development company. RXR QOZ Opportunities RXR controls a robust pipeline of nine properties comprised of almost 2.900 units of multifamily and approximately 675,000 square feet of office in locations now designated as QOZs Potential Benefits of Investing in QOZs QOZs are designated urban and suburban or rural communities where new investment, under certain conditions. may be eligible for preferential tax treatment. QOZs were devised to create opportunities and incentivize investment in low-income urban and suburban and rural communities throughout the nation. 360 HUGUENOT, NEW ROCHELLE, NY Rendering 360 Huguenot is one of RXR's developments located vdthin a designated QOZ Impact Investing Creation of the Fund is anticipated to enable RXR to accelerate projects within QOZs and spur the economic development these communities need. Through RXR's collaborative spirit and corporate philosophy of "doing good and doing well," RXR recognizes the need for responsible investment, particularly in order to successfully develop in these submarkets. The Fund Sponsor Manager Fund Sire Investment strategy Product Focus Commitment of SPOIMOF Minimum Commitment ()smelted Purchasers Term Cestribunons Management Fee per annum) Services by Affiliates Fund Administration Fee Omer Fees RXR Investment Portfolio' 68 Commercial real estate properties and investments 24 6 million square feet 518.2 billion aggregate gross asset value Residential portfolio includes multifamily and for-sale units. 2.600 units under operation or development 3,600 units with control rights Equity Raised 57.5 billion of equity raised since 2009 FOR (2_alat9.1 2prlar ty Loa I aid RXR Reda,. -LC Rd? Asset 1Aanagernsm t LC a TIcasteral fraystnent sensor sari the Securities aim E.clangs Cornmesstrf -no Fund re targeting captal comman9fls of SSC° 0 tell or TT. Intel Closing ses hell on Acai 10 2019 en Mich date 51026 Indica was raised and the Irsesta's Carr 2f Casrefailmeres sere !Limed The Fund FM auk to melt. dvemgh OrsaMed efPorturdy tunes in realegtate grit ecelentate focused businesses et Nneefehied ogLatetsrety zones Common or Preferred Equity investments el dice, residenta' fetal basptalgy, industnal, stow, legates, tenure nhattruChae soda nmediute deportee and Mel tetele4OCteed bseine6Se• (0 550L0 CO:I a 00 1 0% af the Funds *Weigle& Copts Cfrinstrilitte (rounded to the mega 510000% less $250 COO br ACCredted Mrestus and unpaid Poetesses Generally, an enchfcbat or benthcoary at a patcgantibected plan a burly Suede:rely ...In at team $5 moth* cpallled ImAtn tsaan artily we, et 'test $25 Pillion qualified intestments 12 yews torn the Foul Cbsing sublect to extension of not more than Net convocutme ere-year piano's Net proceed! ettilaulable to each sr...Invent d etch Parallel LLC. alter resents and tepee... ell be appataned and chunteded wrong the Members d such Parallel LLC pro rata wen respect to each 'preselect', AS folows (0 Return 1CO% of total captor 0 'mentor Members: PI greater d (x) a 5% FUnAelne Inhere, rate el return and (y) a 1 5x crafty mufti* to ',wester members, (a) 588* 5085 catch up b 15% cf sf shams of Prat to Managng Member: (rig 15% to Managing mo-noo!!es% to *seta Mernws. tutu a 1 75x *gory redliPle* aside Mentes. (J) 5CAVSCries catch up to 20% cistntartions d pick to Managi0 Member. (v) 20% to Manaceng MenteatO% to 'rugger Members. Wit a 2 (Irr *quay multiple to Infester Members. hie 501050% catch up to 25% cistnbirons el ;met to rilarogerg Member. (x) 25% distritstans thereafter to Manaprg Memberf75% to Imentor Members 2 CO% foi noes:meets beam S10 mill* 1 85% la imestrnerts Woo. 530 mm*. 1 Th% 5, theftMentS tokw $100 Mina" 15% greater than or Douai to $10 mil* Alibates d Me General Partner may woad' certain erectly .rested and other senses bean cl the Fual s imeattrietts include% Masai managinost con na:nen and dieeicaneil graces 0.g9% per sawn' On Committed capes( Auditor Fund Counsel to Sao mor Tax Reporeng The Manager a an trite well be inbred to raw. a financing be eit.a to 0 5% The Managing Me. to a art cl its satiates may at the option of the Managing Menem provde guarantee or other rdemnties for me pfrpcco d peTnitarg a Paranel LLC to acquire mom thence ?enhance or set an erseeetognt *deportees thereof? in witch case the gums-toe shaft be aided to a lee that the Managing Metter belies to be be and reasonable under the circumstances, such loos may to as high as 20% et the aggregate partial frabley wen respect to such guaiarmy or inlernsty In the evert the Managng Merribte or any alb via thereof secures any credits tax creeds a related worts grants aigrettes a ether economic ince-cies a pubic rontling fern any goemmental mance:oldies or aao-c es la an mestrrent each poly shall recent a ere easel to 20% at the annum recesid The Parallel LL Cs may tse afferent lee and veer .sliarafp structures Mb respect to the underlying prorates fa legal, la. regulatory or ocher commercial tea ore as determined by Ina Managng Member to be Sr and reasonable untie the cacumistasces The Managing Member does rid expect the avail (centime Irvin, to "esters d the 'gran* cast of these lee and prott stunna structures to Offer materaty between the Prate' LLCS In that respect f cnie Cr more Pars/Iff LLCs acquire an mama Interest in MO Idifauend (131.4 587 Main Siete) avow), there can be no assurance the ant costal structure shall include the Managing Mange a an ainliale tneetaci‘soukl be if:cecinas 2% lee based on g on sales reaceects on a drool a indeed sale d the PrOPerty tail only if eternise'e cash digital** reread by Ind**. Marten 0nCluSme of sales proceeds but et Chew° el the de:canon tee et** exceed the Orutatm? COSTS maned to moues and et5froPete the PrOOerty KPNIG LLP flea F,,nk 5 laccbzro Jr r. edit CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069392 CONFIDENTIAL SDNY_GM_00215576 EFTA01374618