Colony NorthStar, Inc. (Colony NorthStar) and RXR Realty LLC (RXR Realty) have partnered to form a strategic relationship to co-sponsor NorthStar/RXR. These respected institutional firms are comprised of experienced investment professionals that average 27 years of experience with demonstrated track records of delivering positive returns. We believe Colony NorthStar’s successful experience running public companies and other non-traded investment vehicles combined with RXR Realty’s extensive New York market expertise may provide considerable competitive advantages.
About Colony NorthStar, Inc. (visit website)
Colony NorthStar (NYSE: CLNS) is a leading global real estate and investment management firm with approximately $43 billion1 in assets under management. Colony NorthStar strategically manages real estate and other investment platforms in the United States and internationally and was one of the first institutional managers to offer non-traded retail products to individual investors. Colony NorthStar provides retail clients with access to a diverse range of institutional-quality alternative investment programs designed to meet a variety of investor objectives.
About RXR Realty LLC (visit website)
RXR Realty is a premier New York-based real estate operating company and is comprised of members of the former senior management and operating team of Reckson Associates, a NYSE-listed REIT. Since the sale of Reckson, RXR Realty has amassed a portfolio comprising approximately 23.1 million square feet of commercial real estate and investments in one of the most competitive markets in the world. RXR Realty is one of the most active participants in the New York metropolitan area and has a proven track record of successfully owning, managing and developing New York commercial real estate. With its deep track record and experienced team, RXR leverages all aspects of its vertically integrated organization with the goal of successful execution and management of its assets.
The performance of Colony NorthStar and RXR Realty is not indicative of the performance of NorthStar/RXR. Colony NorthStar, RXR Realty and NorthStar/RXR are separate companies. An investor purchasing shares in NorthStar/RXR’s public offering is making an investment in NorthStar/RXR, not in Colony NorthStar or RXR Realty. NorthStar/RXR’s investments may be adversely affected by economic cycles and risks inherent to the New York metropolitan area, especially New York City and to risks inherent in geographic concentrations. 1) Represents balance sheet and third-party AUM as of December 31, 2017, pro forma the public listing of CLNC. Third party AUM represents capital invested alongside balance sheet, but excludes private equity and retail company interests, which are included in Investment Management AUM. 2) As of December 31, 2017. Gross asset value compiled by RXR Realty in accordance with company fair value measurement policy and is comprised of capital invested by RXR and its partners, as well as leverage.