A. Grandview was founded in November 2018. Grandview is a private company, organized as a Delaware limited liability company, and is based in Greenwich, Connecticut. The principal owners of Grandview are Rajesh G. Menon and Dean Sotter. B. Grandview’s business is investment management, principally in the field of real estate. i. Discretionary Asset Management. Grandview is a registered investment adviser that manages or has the authority to manage equity and debt investments on a discretionary basis in (1) entities that own and develop land, office properties, hotels, retail properties, industrial properties, rental and for-sale multi-family properties, resort and recreational properties and other types of real estate, (2) debt instruments secured by direct or indirect interests in real estate, and (3) companies that provide services to the real estate industry (collectively, "Real Estate Investments"). Grandview finds, investigates, underwrites and executes each investment, actively manages each investment during the ownership period, and then executes the sale or other disposition of each investment. Grandview's discretionary clients are pooled investment vehicles (each, a "Grandview Partnership") that Grandview manages and which own Real Estate Investments. Grandview controls the general partner of each Partnership (each, a "General Partner"), and each General Partner is generally owned by Grandview, its principal owners and certain Grandview employees, except that a third party investor holds a minority economic interest in one General Partner. ii. Subadvisory Services. Grandview is also a subadviser to Greenfield Partners, LLC (“Greenfield”) and certain affiliates of Greenfield pursuant to a sub-advisory agreement (the “Sub-Advisory

Agreement”). Greenfield is a registered investment adviser that manages Real Estate Investments. As a subadviser to Greenfield and certain of its affiliates pursuant to the terms of the Sub-Advisory Agreement, Grandview currently provides certain non- discretionary sub-advisory services with respect to pooled investment vehicles (each, a “Greenfield Partnership” and, together with the Grandview Partnerships, "Partnerships") formed by Greenfield and certain Real Estate Investments owned by those Greenfield Partnerships. As of April 2020, one of the Greenfield Partnerships to which Grandview provided sub-advisory services became a Grandview Partnership. C. Grandview tailors its advisory services to the individual needs of its clients. As applicable, Grandview makes and/or manages each Real Estate Investment in accordance with the purposes, terms, restrictions and limitations set forth in the governing documents of each of its Partnership clients, consisting principally of the Partnership's limited partnership agreement. Each Partnership's limited partnership agreement contains certain restrictions on the types of investments that may be made by it, including limitations on (1) amounts that may be invested in a single investment or portfolio of related investments, (2) amounts that may be invested in marketable securities, (3) investments that produce certain types of taxable income, (4) foreign investments, (5) investments in derivatives and (6) privately negotiated equity investments in publicly-traded entities. D. Grandview does not participate in wrap fee programs. E. As of December 31, 2023, Grandview manages approximately $132,268,000 in assets on a non- discretionary basis and $719,381,000 in assets on a discretionary basis.