REALnorth intends to declare distributions on a periodic basis once the net proceeds from its private and public offerings are allocated to the purchase of real properties. Unitholders of REALnorth are entitled to a minimum non-compounded annual return of 7% on the net equity then outstanding and a return of capital before any amount is paid to the master general partner, REALnorth Opportunities Inc.
Record |
Payable Date |
Rate |
31-Dec-15 | 2-Mar-16 | $15.50 |
31-Dec-16 | 28-Feb-17 | $23.43 |
Total | $38.93 |