Opportunity Zones (Stewart Oldfield, June 18, 2019)

As an overview, RXR Realty, the sponsor, is a 500-person vertically integrated real estate owner and developer with a 50- year history in the metro New York market. RXR has already raised over $100 million for the Fund and is targeting $500 million for a portfolio of real estate investments in the New York area. This target portfolio includes almost 2,900 apartment units and approximately 675,000 square feet of office space in locations designated as "Qualified Opportunity Zones" ("QOZs") in