FIRM DESCRIPTION AND OVERVIEW Crow Holdings Capital Partners, L.L.C. (“CHC”, “Crow Holdings Capital” or “we,” “us,” or “our”) provides investment management, advisory, administrative and other services to affiliated real estate pooled investment vehicles and other entities, accounts and ventures. Crow Holdings Capital began providing these services in 2011. Our investment advisory services are provided in accordance with the investment objectives, strategies, guidelines, restrictions and limitations contained in the applicable offering, account and/or governing documents (as applicable), and the information in this brochure is qualified in its entirety by the information set forth in such documents. We provide and perform non-advisory and other services (including non-advisory asset management services) for and with respect to various entities, accounts and persons who are not our advisory clients. PRINCIPAL OWNERS The business and operations of Crow Holdings Capital generally are controlled by its manager, Oak Lawn Capital Advisors, Inc., which is owned and controlled by officers and directors of Crow Holdings Capital and Crow Family Holdings. A majority of the equity interests in Crow Holdings Capital is owned by Crow Family Holdings and, as majority owner, Crow Family Holdings has the authority to take certain actions with respect to Crow Holdings Capital, including removal of its management teams. As used herein, “Crow Family Holdings” means (i) Crow Family, Inc., a Texas corporation, Crow Holdings, L.P., a Delaware limited partnership, or any successors thereto and (ii) entities owned and controlled by any two or more of the Harlan R. Crow Family Branch Partnership, L.P., the Trammell S. Crow Family Branch Partnership, L.P. and the Stuart M. Crow Family Branch Partnership, L.P. See Item 10. TYPES OF ADVISORY SERVICES We provide investment management, advisory, administrative and other services to affiliated private pooled investment vehicles and ventures (“Funds”) with respect to investments in real estate and real estate related assets, interests and investments, including, without limitation, warehouses (including self-storage buildings), industrial real estate, retail centers, retail convenience store and gas station assets, multi-family housing (including senior-living housing, student housing, rental and for-sale housing and attainable housing), office buildings, hotels, medical office buildings and hospitals, manufactured housing, car washes, land, single family residential lot development and debt secured, directly or indirectly, thereby, and private real estate operating companies. With respect to our credit platform, we provide advisory, administrative and other services to clients primarily with respect to investments in commercial real estate loans and real estate related preferred equity interests, including (i) senior subordinate loans, senior mezzanine loans, subordinate “B” notes and preferred equity investments in connection with the financing of a property acquisition or development, and (ii) stretch senior loans and lender recapitalizations. Our Partner Solutions business unit seeks to provide strategic capital to address the liquidity needs of real estate sponsors, developers and operators, and provides investment advice and recommendations with respect to (i) investments in, realization of, or acquisition of equity interests in real estate or real estate related partnerships, funds, or similar investment structures operated by a general partner or manager that is not affiliated with or controlled by us or any of our affiliates, (ii) investments made as a limited partner or similar equity interests in real estate funds, partnerships or co-investments, and (iii) non-controlling interests in general partnership investments in real estate property and real estate related operating companies. We and the affiliated general partners of the Funds (the “General Partners” and each a “General Partner”) are responsible for providing investment advice and advisory services to each Fund in accordance with the investment objectives, policies, limitations and guidelines set forth in its applicable offering and governing documents. We also provide, and may in the future provide, discretionary or non-discretionary investment advisory, management and other services to one or more separately managed account clients. Such accounts generally have customized mandates and participate in investments or opportunities that are consistent with such mandate (typically investing alongside or together with one or more appliable Funds or clients). Such separately managed accounts are or may be subject to terms that differ from the terms of the Funds, including, without limitation,

with respect to permitted investments, fees, governance, liquidity rights, transparency rights and/or termination rights. We manage each separately managed account client in accordance with its investment objectives, strategies, restrictions and guidelines, which are set forth in an investment management agreement with such client or otherwise incorporated into such client’s governing documents. Our advisory services primarily consist of (i) investigating, diligencing, sourcing, identifying and evaluating investment opportunities; (ii) structuring, negotiating, acquiring, syndicating, originating, purchasing, initiating, financing, developing and making investments on behalf of clients; (iii) managing, operating, servicing and monitoring the performance of such investments; and (iv) selling, disposing, exiting, liquidating, disposing and otherwise dealing with such investments on behalf of clients. We and our affiliates also provide administrative and other non-advisory services with respect to Funds and certain other advisory clients. Clients oftentimes invest indirectly through one or more subsidiary or investment entities including, but not limited to, real estate investment trust subsidiaries, corporations, limited liability companies, partnerships, parallel entities, joint ventures and other arrangements in which clients have direct or indirect interests. In addition to the foregoing, we and our affiliates provide (and may in the future provide) asset management and other non- advisory services to persons, entities, vehicles, ventures, accounts and/or funds concerning real estate assets that do not involve or relate to securities and do not involve investment advisory services and advice, including services and advice to joint ventures and other entities, vehicles and accounts with respect to direct investments in real estate properties or assets. As the context otherwise requires, any reference in this brochure to a Fund or the Funds also includes any separately managed accounts or other types of clients managed and/or advised by Crow Holdings Capital, as and to the extent applicable. INVESTMENT RESTRICTIONS We provide investment management, advisory, administrative and other services to each client in accordance with the investment objectives, strategies, policies, guidelines and limitations set forth in the applicable offering, account and governing documents. The information in this brochure is qualified in its entirety by the information and disclosures set forth in the applicable governing, account and offering documents of each client, and each client and investor should refer to the applicable offering, governing and account documents of the applicable client for complete information regarding the investment objectives, investment restrictions and other material information with respect to such client. Information about each Fund is set forth in its applicable governing, offering and/or disclosure documents. The General Partners and certain of our affiliates thereof have entered into and may in the future enter into side letter agreements or similar arrangements with certain investors in the Funds that have the effect of establishing rights under, or altering, modifying, waiving or supplementing the terms of, the governing documents of such Funds in respect of such applicable investors. Among other things, these side letter agreements entitle or may entitle an investor in a Fund to lower fees or preferential economic terms, expanded or additional information or transparency rights, most favored nations status, excuse rights with respect to certain investments, notification rights, rights or terms necessary or advisable in light of particular legal, regulatory or public policy considerations of or related to an investor and/or other preferential rights and terms. Interests in the Funds are privately offered only to eligible investors pursuant to exemptions under the Securities Act of 1933, as amended, and the regulations promulgated thereunder. The Funds are not registered with the SEC as investment companies based on specific exclusions from the definition of investment company under the Investment Company Act of 1940, as amended. The investment objectives, strategies, limitations and guidelines, fee arrangements and terms applicable to single investor Funds and separately managed accounts are individually and separately negotiated with each such client. REGULATORY ASSETS UNDER MANAGEMENT As of December 31, 2023, we had a total of approximately $13,970,302,962 in regulatory assets under management. Of our total regulatory assets under management, approximately $13,719,671,000 was managed on a discretionary basis and approximately $250,631,962 was managed on a non-discretionary basis.