iates of RXR: 100.0%1 665,000 N/A (under construction) RXR NY Metro Emerging Sub-Market Venture March 2016 Investment Overview • In March 2016. the RXR NY Metro Emerging Sub-Market Venture, an institutional investor and co-investors acquired a 675.000 square loot. 10 building office and light industrial complex at 9-47 Hall Street (-Th

a rate of 1- month LIBOR+4.0% The property has purchased UBOR caps with a strike rate of 3.0% for the initial term of the loan • In February 2019, the RXR NY Metro Emerging Sub-Market Venture received approval from its advisory committee to sell the property to the RXR Qualified Opportunity Zone Fund in accordance with the process set for