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. Th