EFTA01374618.pdf

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 Investment Portfolio' RXR's executive management team has been investing and executing 68 Commercial real estate properties and investments in the New York metropolitan area for the past 23 years The 24 6 million square feet management team now leads a nearly 500 person, vertically 518.2 billion aggregate gross asset value integrated real estate operating and development company. Residential portfolio includes multifamily and for-sale units. RXR QOZ Opportunities 2.600 units under operation or development RXR controls a robust pipeline of nine properties comprised of almost 3,600 units with control rights 2.900 units of multifamily and approximately 675,000 square feet of Equity Raised office in locations now designated as QOZs 57.5 billion of equity raised since 2009 Potential Benefits of The Fund Sponsor FOR (2_alat9.1 2prlar ty Loa I aid RXR Reda,. -LC Investing in QOZs Manager Rd? Asset 1Aanagernsm tLC 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 QOZs are designated urban and suburban Fund Sire Mich date 51026 Indica was raised and the Irsesta's Carr 2f Casrefailmeres sere !Limed or rural communities where new Investment strategy The Fund FM auk to melt. dvemgh OrsaMed efPorturdy tunes in realegtate grit ecelentate focused businesses etNneefehied ogLatetsrety zones investment, under certain conditions. may Common or Preferred Equity investments el dice, residenta' fetal basptalgy, industnal, stow, legates, be eligible for preferential tax treatment. Product Focus tenure nhattruChae soda nmediute deportee and Mel tetele4OCteed bseine6Se• QOZs were devised to create opportunities (0 550L0 CO:I a 00 10% af the Funds *Weigle& Copts Cfrinstrilitte (rounded to the mega 510000% Commitment of SPOIMOF and incentivize investment in low-income less Minimum Commitment $250 COO br ACCredted Mrestus and unpaid Poetesses urban and suburban and rural communities Generally, an enchfcbat or benthcoary at a patcgantibected plan a burly Suede:rely ...In at team $5 moth* throughout the nation. ()smelted Purchasers cpallled ImAtn tsaan artily we, et 'test $25 Pillion qualified intestments Term 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 360 HUGUENOT, NEW ROCHELLE, NY 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% cfsfshams of Prat Cestribunons 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 Management Fee 2 CO% foi noes:meets beam S10 mill* 1 85% la imestrnerts Woo. per annum) 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 Services by Affiliates imeattrietts include% Masai managinost con na:nen and dieeicaneil graces Fund Administration Fee 0.g9% per sawn' On Committed capes( 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 Rendering 360 Huguenot is one of RXR's developments grants aigrettes a ether economic ince-cies a pubic rontling fern any goemmental mance:oldies or located vdthin a designated QOZ aao-c es la an mestrrent each poly shall recent a ere easel to 20% at the annum recesid Omer Fees 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 Impact Investing 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' Creation of the Fund is anticipated to enable LLCS In that respect f cnie Cr more Pars/Iff LLCs acquire an mama Interest in MO Idifauend (131.4 587 Main RXR to accelerate projects within QOZs and 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 spur the economic development these PrOPerty tail only if eternise'e cash digital** reread by Ind**. Marten 0nCluSme of sales proceeds but communities need. Through RXR's collaborative et Chew° el the de:canon tee et** exceed the Orutatm? COSTS maned to moues and et5froPete the PrOOerty spirit and corporate philosophy of "doing good Auditor KPNIG LLP and doing well," RXR recognizes the need for flea F,,nk Fund Counsel to Sao mor 5 laccbzro responsible investment, particularly in order to Jr r. edit Tax Reporeng successfully develop in these submarkets. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069392 CONFIDENTIAL SDNY_GM_00215576 EFTA01374618