RXR ASSET MANAGEMENT LLC

Thesis

The firm's strategy focuses on acquiring, operating, and developing properties with a customer- and community-centered approach, aiming to create enduring value. Initially focused on the New York metropolitan area, RXR has expanded to markets like Dallas, Denver, Phoenix, Raleigh, and Tampa, actively pursuing office-to-residential conversions and multifamily development. Their investment approach emphasizes value-added strategies, capitalizing on current credit market dislocations for longer-term investments in high-yield, value-added real estate credit, primarily in rental housing and industrial sectors. They also invest in the capital structures of well-located, dislocated Class A office assets. RXR leverages its "RXR Digital Lab" to enhance revenue, operational efficiency, and asset management through advanced technology and data capabilities. As of December 31, 2024, RXR managed approximately $2.26 billion in Advisory Client assets, with total AUM reported between $2.69 billion and $3.41 billion. By September 30, 2025, they managed 108 properties totaling 30.9 million square feet with a gross asset value of $16.4 billion. The firm operates one private fund and manages 41 client accounts.

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