Distributions

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
Date

Payable
Date

Rate
per unit

31-Dec-15 2-Mar-16 $15.50
31-Dec-16 28-Feb-17 $23.43
Total   $38.93