USAA Real Estate Company Affiliate, RXR Realty and Broadway Partners Form Joint Venture to Recapitalize Prime New York City Office Tower

San Antonio, TX – July 29, 2011 – (RealEstateRama) — U.S. Republic Core Fund, an affiliate of USAA Real Estate Company, RXR Realty and Broadway Partners today announced the recapitalization of 340 Madison Avenue, an approximately 750,000-square-foot Class A office building located in Midtown Manhattan’s Grand Central submarket.