NorthStar/RXR seeks to achieve its investment objectives through a multi-faceted approach focused on acquiring high-quality commercial real estate in the New York Metro area.
In addition to investing in established core office, mixed-use and multi-family properties, RXR Realty’s extensive management and development expertise in the New York Metro area may provide the opportunity to target value-add investments by enhancing physical condition and operations while aiming to meet the changing needs of New York City tenants. We intend to complement our investments in direct equity by originating commercial real estate debt and preferred equity interests.
Additionally, we believe the outer boroughs have become alternative locations for technology, media and creative class tenants that seek the cultural character that the boroughs offer. As a result the suburban markets are poised to present potentially attractive investment opportunities in the near term. These market dynamics may generate unique investment activity as tenants seek more affordable office and residential space outside Manhattan.
Diversification does not eliminate risk and does not assure better performance. We may change our investment objectives, policies and strategy at any time without stockholder consent.