Exhibit 10.283


 


LIMITED LIABILITY COMPANY AGREEMENT


 


OF


 


BR
– ArchCo Domain Phase 1, LLC


 


This LIMITED LIABILITY
COMPANY AGREEMENT OF BR – ArchCo Domain Phase 1, LLC (the “Company”), is dated as of November 20, 2015
(this “Agreement”), by BR – ArchCo Domain Phase 1 JV, LLC, a Delaware limited liability company, as the
sole member of the Company (the “Member”).


 


RECITALS:


 


WHEREAS, the Company
was formed pursuant to the Delaware Limited Liability Company Law, as amended from time to time (the “Act”),
and there has been filed a Certificate of Formation of the Company (the “Certificate of Formation”) with the
office of the Secretary of State of the State of Delaware; and


 


WHEREAS, the Member
desires to operate the Company as a limited liability company under the Act.


 


NOW, THEREFORE, the
Member agrees as follows:


 


1.          Formation.
The Certificate of Formation, the formation of the Company as a limited liability company under the Act, and all actions taken
by any other person who executed and filed the Certificate of Formation are hereby adopted and ratified. The affairs of the Company
and the conduct of its business shall be governed by the terms and subject to the conditions set forth in this Agreement, as amended
from time to time. The Member is hereby authorized and directed to file any necessary amendments to the Certificate of Formation
of the Company in the office of the Secretary of State of the State of Delaware and such other documents as may be required or
appropriate under the Act or the laws of any other jurisdiction in which the Company may conduct business or own property.


 


2.          Name.
The name of the limited liability company formed hereby is BR – ArchCo Domain Phase 1, LLC.


 


3.          Purpose.
The purpose of the Company is:


 


		(i)	to acquire, own, develop, improve, hold, sell, lease, transfer,
exchange, assign, dispose of, operate, manage, finance or otherwise deal with that certain real property situated in Garland,
TX and more particularly described on Exhibit A annexed hereto and made a part hereof, together with all buildings
and improvements thereon and all personal property located thereat or used in connection therewith; and



 


		(ii)	to engage in any lawful act or activity and to exercise
any powers permitted to limited liability companies organized under the laws of the State of Delaware that are related or incidental
to and necessary, convenient or advisable for the accomplishment of the above-mentioned purposes.



 




    	



     


    

 


4.          Place
of Business. The Company shall have its principal place of business at 712 Fifth Avenue, 9th Floor, New York, New
York, or at such other place or places as the Member may, from time to time, select.


 


5.          Registered
Office and Agency. The address of its registered office in the State of Delaware is 160 Greentree Drive, Suite 101, Dover,
DE 19904. The name of the registered agent at such address is National Registered Agents. Such office and such agent may be changed
from time to time by the Member in its sole discretion.


 


6.          Capital
Accounts. An account shall be established in the Company's books for the Member and transferee in accordance with the principles
of Treasury Regulation Section 1.704-1(b)(2)(iv).


 


7.          Percentage
Interest and Allocations of Profits and Losses. The Member's interest in the Company equals 100% (the “Percentage
Interest”). The Company's profits and losses shall be allocated in accordance with the Percentage Interest of the Member.


 


8.          Additional
Contributions. The Member is not required to make any contribution of property or money to the Company.


 


9.          Distributions.
At the time determined by the Member, the Member shall cause the Company to distribute any cash held by it which is neither reasonably
necessary for the operation of the Company nor in violation of the Act. All cash available for distribution shall be distributed
to the Member in accordance with the Percentage Interests.


 


10.         Powers.
The business of the Company shall be solely under the management of the Member. The Member shall have the right and authority to
take all actions specifically enumerated in the Certificate of Formation or this Agreement or which the Member otherwise deems
necessary, useful or appropriate for the day-to-day management and conduct of the Company's business.


 


11.         Compensation.
The Member shall not receive compensation for services rendered to the Company.


 


12.         Term.
The Company shall dissolve, and its affairs shall be wound up, upon the earliest to occur of (a) the decision of the Member, (b)
the sale by the Company of all or substantially all of its property or (c) an event of dissolution of the Company under the Act.


 


13.         Assignments.
The Member may at any time directly or indirectly sell, transfer, assign, hypothecate, pledge or otherwise dispose of or encumber
all or any part of its interest in the Company (including, without limitation, any right to receive distributions or allocations
in respect of such interest and whether voluntarily, involuntarily or by operation of law).


 




    	



     


    

 


14.         Limited
Liability. The Member shall have no liability for the obligations of the Company except to the extent provided in the Act.


 


15.         Additional
Members. Additional Members can only be admitted to the Company upon the consent of the Member, which consent may be evidenced
by, among other things, the execution of an amendment to this Agreement.


 


16.         Management.
The business and affairs of the Company shall be conducted solely and exclusively by the Member, as provided herein. The Member
shall have all rights and powers on behalf and in the name of the Company to perform all acts necessary and desirable to the objects
and purposes of the Company. All determinations, decisions and actions made or taken by the Member (or its designee(s)) shall be
conclusive and binding upon the Company. Neil Brown, James Babb, Jordan Ruddy and Michael Konig are each hereby appointed as an
authorized signatory of the Company and shall have the authority to execute on behalf of the Company such agreements, contracts,
instruments and other documents as the Member shall from time to time approve, such approval to be conclusively evidenced by its
execution and delivery of any of the foregoing. Third parties may conclusively rely upon the act of Neil Brown, James Babb, Jordan
Ruddy and/or Michael Konig as evidence of the authority of such party for all purposes in respect of their dealings with the Company.


 


17.         Amendments.
This Agreement may be amended only in a writing signed by the Member.


 


18.         Binding
Agreement. Notwithstanding any other provision of this Agreement, the Member agrees that this Agreement constitutes a legal,
valid and binding agreement of the Member, and is enforceable against the Member in accordance with its terms.


 


19.         Governing
Law. This Agreement shall be governed by and construed under the laws of the State of Delaware.


 


20.         Separability
of Provisions. Each provision of this Agreement shall be considered separable and if for any reason any provision or provisions
herein are determined to be invalid, unenforceable or illegal under any existing or future law, such invalidity, unenforceability
or illegality shall not impair the operation of or affect those portions of this Agreement which are valid, enforceable and legal.
The parties shall nevertheless negotiate in good faith in order to agree to the terms of a mutually satisfactory provision consistent
with their intentions in executing and delivering this Agreement to be substituted for the provision which is invalid, unenforceable
or illegal.


 


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IN WITNESS WHEREOF, the undersigned has
duly executed this Agreement as of the date first written above.


 


	 	MEMBER:
	 	 
	 	BR – ArchCo Domain Phase 1 JV, LLC, a Delaware limited liability company
	 	 
	 	By:	/s/ Michael Konig
	 	 	Name:	Michael Konig
	 	 	Title:	Authorized Signatory


 




    	



     


    

 


EXHIBIT A


 


Description of the Land


 


Legal Description of the Phase I
Property


 


BEING a tract of land situated in
the DANIEL CRIST SURVEY, ABSTRACT NO. 226, City of Garland, Dallas County, Texas and being part of that tract of land conveyed
to RCM Firewheel, LLC, according to the document filed of record in Document Number 201200376857, Deed Records, Dallas County,
Texas and being more particularly described as follows:


 


BEGINNING at a point for corner
from which a 1 inch iron pipe found bears South 49° 15' 32" West, 0.22 feet, for the intersection of the southwest line
of Bunker Hill Road, a variable width right-of-way, with the northwest line of Old Miles Road, a variable width right-of-way;


 


THENCE Continuing with said northwest
line, the following three (3) courses and distances:


 


South 46° 11' 57" West,
a distance of 276.09 feet to a point for corner from which a 5/8 inch iron rod with a red plastic cap bears South 89° 33' 56"
West, 0.24 feet;


 


South 42° 12' 35" West,
a distance of 385.91 feet to a point for corner from which a 5/8 inch iron rod with a red plastic cap found bears North 51°
55' 29" West, 0.39 feet, said being at the beginning of a curve to the left having a central angle of 18° 57' 47",
a radius of 530.00 feet and a chord bearing and distance of South 34° 50' 33" West, 174.61;


 


With said curve to the left,
an arc distance of 175.41 feet to a 1/2 inch iron rod with a red plastic cap found for the intersection of said northwest line
with the north line of President George Bush Turnpike, a variable width right-of-way;


 


THENCE Leaving said northwest line,
and with said north line, the following courses and distances:


 


South 79° 44' 25" West,
a distance of 445.23 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” set for corner;


 


North 10° 15' 36" West,
a distance of 15.00 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” set for corner;


 


South 79° 44' 14" West,
a distance of 590.00 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” found for corner;


 


South 10° 15' 47" East,
a distance of 15.00 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” found for corner;


 


South 79° 43' 52" West,
a distance of 213.62 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” set in the southeast line
of a tract of land conveyed to Carol Swanzy, according to the document filed of record in Document Number 200419014254, Deed Records,
Dallas County, Texas;


 


THENCE North 43° 18' 50"
East, leaving the above mentioned north line and with the common line of the above mentioned RCM Firewheel, LLC tract and said
Swanzy tract, a distance of 279.94 feet to a point for corner from which a 5/8 inch iron rod found bears North 71° 57' 58"
West, 0.21 feet;


 




    	



     


    

 


THENCE North 32° 11' 10"
West, with said common line, a distance of 148.78 feet to a point for corner in creek;


 


THENCE South 43° 18' 11"
West, continuing with said common line, a distance of 486.11 feet to a point for corner in the north line of the above mentioned
President George Bush Turnpike, from which a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” found bears
North 10° 38' 57" East, 0.20 feet;


 


THENCE South 80° 03' 57"
West, with said north line, a distance of 65.85 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA”
set for corner;


 


THENCE North 42° 12' 48"
East, leaving said north line, over and across the above mentioned RCM Firewheel, LLC tract, a distance of 2,066.88 feet to a “X”
set in the southwest line of the above mentioned Bunker Hill Road, said being at the beginning of a non-tangent curve to the right
having a central angle of 06° 35' 39", a radius of 755.00 feet and a chord bearing and distance of South 49° 21' 45"
East, 86.85 feet;


 


THENCE With said southwest line,
the following courses and distances:


 


With said curve to the right,
an arc distance of 86.89 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” found for corner;


 


South 46° 03' 56" East,
a distance of 333.56 feet to the beginning of a curve to the left having a central angle of 01° 55' 43", a radius of 845.00
feet and a chord bearing and distance of South 47° 01' 46" East, a distance of 28.44 feet;


 


With said curve to the left,
an arc distance of 28.44 feet to a 1/2 inch iron rod with a yellow plastic cap stamped “DAA” found for corner;


 


South 45° 57' 50" East,
a distance of 496.60 feet to the POINT OF BEGINNING and containing 30.038 acres of land, more or less.