Coretrust Investment Management LLC, a Delaware limited liability company (the “Manager”) is an independent, privately-held real estate investment and asset management firm that is a registered investment adviser based in Los Angeles, California. The Manager was formed in September 2015 and its affiliated investment advisers (collectively with their affiliated entities, “Coretrust”) provide investment advisory services to Coretrust’s clients, which consist of private investment funds focused on the acquisition and development of underperforming large office properties in certain growth markets throughout the United States. Coretrust Value Fund I GP LLC (“Fund I General Partner,” and together with any future general partner, managing member or other similarly authorized person of a private fund advised or sponsored by Coretrust, the “General Partners”) is registered as an investment adviser pursuant to the Manager’s registration in accordance with SEC guidance under the Advisers Act. Fund I General Partner and the Manager (together with any future affiliated investment adviser, the “Advisers”) are under common control and operate as a single advisory business. The Manager’s sole owner is Coretrust Management, LP (“Coretrust Management”), which is owned by Coretrust Capital Partners, LLC and Coretrust Capital, Inc. Thomas S. Ricci, Randall L. Scott and John R. Sischo are the principal owners of Coretrust Capital Partners, LLC and Coretrust Capital, Inc. The Advisers’ existing client is Coretrust Value Fund I LP (collectively with any parallel fund or alternative investment vehicle formed in connection with it, “Fund I”). The Advisers expect to advise additional private funds (Fund I, and any future private funds managed by the Advisers or their affiliates, each, a “Fund”) in the future and, from time to time, may provide (or agree to provide) certain investors or other persons the opportunity to participate in co-invest vehicles (each a “Co-Invest Fund”) that will invest alongside a Fund. Such Co-Invest Funds will typically invest and dispose of their investments at the same time and on the same terms as the primary Fund making the investment. References throughout this Brochure to “a Fund” or “Funds” are generally intended to cover any existing or future private fund advised or sponsored by the Advisers or their affiliates,

including Fund I and any Co-Invest Fund. For example, we currently advise and manage CVFI 444 S Flower Holding, LP as a co-investment vehicle to Fund I. In general, each Fund’s General Partner has the authority to make investment decisions for such Fund but has delegated management of the Fund to the Manager. The Advisers’ investment advisory services to the Funds include sourcing, identifying, evaluating, negotiating, overseeing, managing, monitoring and disposing of investments. The Advisers’ advisory services for each Fund are further described in, as applicable, the private placement memoranda (each, a “Memorandum”), limited partnership agreement (or similar operating agreement) (each, a “Partnership Agreement”), letter agreement or other similar agreement between a Fund or General Partner and an investor (collectively, “Side Letters”), an investor’s subscription agreement, and investment management agreement (each, an “Investment Management Agreement” and together with any applicable Memorandum, Partnership Agreement, Side Letter, Investment Management Agreement and subscription agreement, the “Governing Documents”) as well as below under “Methods of Analysis, Investment Strategies and Risk of Loss” and “Investment Discretion.” The Advisers tailor their advisory services in accordance with each Fund’s investment strategy as disclosed in such Fund’s Governing Documents. Investors in Funds, however, are expected to participate in the overall investment program for the applicable Fund, but they may be excused from a particular investment due to legal, regulatory or other applicable constraints or for other agreed upon reasons. The Advisers expect in the future to enter into Side Letters or other similar agreements with certain investors that have the effect of establishing rights under, supplementing or altering a Fund’s Partnership Agreement or an investor’s subscription agreement. Such rights or alterations could be regarding economic terms, fee structures, excuse rights, information rights, co-investment rights (including the provision of priority allocation rights to limited partners who have capital commitments in excess of certain thresholds to one or more Funds), or transfer rights. As of December 31, 2022, the Advisers have $121,755,761 in assets under management on a discretionary basis.