GID Multifamily Investment Management LLC

Item 5. Fees and Compensation
A. Describe how you are compensated for your advisory services. Provide your fee schedule. Disclose
whether the fees are negotiable.

In general, the Company and the General Partners receive fees and an incentive allocation in connection
with the provision of advisory services to the Funds. Certain Company affiliates receive additional
compensation in connection with management and other services performed for portfolio assets of the
Funds to the extent provided by the Governing Documents. Investors in a Fund also bear certain
expenses as detailed in each Fund’s Governing Documents. The following is a general description of
fees, compensation and expenses of the Funds. Differences in fees and expenses exist from Fund to
Fund, and certain Funds do not charge certain fees, compensation or expenses that other Funds charge
or charge them in different amounts. Investors should refer to the Governing Documents of the
applicable Fund for a complete understanding of how the Company is compensated for its advisory
services; the information contained herein is a summary only and is qualified in its entirety by such
documents.

Management Fees

The Funds will pay the Company, quarterly and either in arrears or in advance (depending on the Fund),
a management fee (the “Management Fee”) calculated in accordance with the applicable Partnership
Agreement, which allow for a range of Management Fees based on either (x) the aggregate investment
contributions of an investor plus such investor’s share of investments for which the applicable Fund has
made commitments or other reserves (including for development or development activities) to
complete investments by such Fund, in each case for investments that have not been disposed of or
completely written-off (as further described in the applicable Partnership Agreement), (y) net equity
invested capital (as defined in the relevant Partnership Agreement), which, for the avoidance of doubt,
shall not be reduced by operating distributions or the proceeds of any refinancing of a target
investment, but shall exclude any capital contributions to the extent there has been a complete and
permanent write-off of an investment or (z) a percentage of the net asset value of such Fund (as
determined in accordance with the Company’s valuation policy for such Fund), ranging from 0.50% per
annum to 1.50% per annum, subject to modification by the applicable General Partner at its discretion.

GID Multifamily Investment Management LLC                                                  March 31, 2026

Management Fees generally will not be reduced, reimbursed or refunded under the Governing
Documents in the event of realizations, dispositions, partial write-downs or changes to net asset value
that occur partway through the relevant calculation period. Further, the Management Fee base will
include capitalized transaction-specific fees and expenses of unrealized investments, including
supplemental fees charged by the Company in connection with the investment. Each General Partner is
permitted to grant aggregation benefits for affiliated or commonly advised investors that have a
minimum commitment threshold in the Funds, which such commitment threshold is permitted to be
waived in such General Partner’s discretion. The investment of each General Partner, its affiliates, and
any other designated partner, in each case, at such General Partner’s discretion, will not be subject to a
Management Fee or will be subject to a reduced Management Fee. Additionally, to the extent
permitted by the relevant Governing Documents, GID has the right to permit investors, affiliated with
GID or otherwise, to invest through the relevant General Partner or other vehicles that do not bear
Management Fees or carried interest (although such investors generally pay their pro rata share of
certain Fund expenses). Generally, investors participating in a subsequent closing after the initial closing
of a Fund are responsible for paying the Management Fee as of the date of the initial closing of such
Fund, plus interest, as applicable. In addition, Management Fees are payable during term extensions
unless otherwise noticed to investors.

To the extent specified in a Fund’s Governing Documents, the General Partner or another Company
entity will be permitted to receive certain supplemental fees and other amounts (“Supplemental Fees”)
consisting of: (i) property management fees where a Company affiliate renders property management
services for Fund investments; (ii) property accounting fee (iii) development fees for development
projects developed for the Funds by a Company affiliate; (iv) development supervision fees for
development projects developed for the Funds by a third-party developer; (v) construction supervision
fees for capital expenditure projects; (vi) leasing commissions where a Company affiliate provides
leasing services; (vii) insurance premiums for insurance-related services provided; and (viii) support
services (including accounting, financial, reporting, fund administration, tax, internal audit, legal, debt
placement, property-level marketing services, property-level technology-related services, brokerage and
any other services) to the Funds or a Fund portfolio investment. The Funds’ Governing Documents
generally will provide that Supplemental Fees received by the Company and attributable to a Fund’s
investment in a portfolio investment will not be credited against Management Fees otherwise owed to
the Company and will be retained by the Company. In general, Supplemental Fees are not typically
negotiated with on an arm’s-length basis and such Supplemental Fees could adversely affect a portfolio
investment’s financial performance.

Incentive Allocation

The General Partner or an affiliate is entitled to receive an incentive allocation (the “Incentive
Allocation”) if certain performance hurdles are met after Fund investors have received returns specified
...

Item 7. Types of Clients
Describe the types of clients to whom you generally provide investment advice, such as individuals,
trusts, investment companies, or pension plans. If you have any requirements for opening or
maintaining an account, such as a minimum account size, disclose the requirements.

The Company provides investment advice to its Fund clients, and references throughout this Brochure to
“clients” and to the Company’s related duties to and practices on behalf of its clients and/or investors
should be construed accordingly. The Funds generally include investment partnerships or other
investment entities formed under domestic or foreign laws and operated as exempt investment pools
under the Investment Company Act of 1940, as amended. Fund interests are offered and sold solely to
qualified purchasers or accredited investors that are also qualified clients (or qualified knowledgeable
Company personnel). The investors participating in the Funds generally include individuals, banks or
thrift institutions, other investment entities, university endowments, sovereign wealth funds, family
offices, pension and profit-sharing plans, trusts, estates or charitable organizations or other
corporations or business entities and from time to time include, directly or indirectly, principals or other
employees of the Company and its affiliates and members of their families, or other service providers
retained by the Company.

The General Partner is permitted to establish alternative investment vehicles in order to permit certain
investors to participate in one or more particular investment opportunities in a manner desirable for
tax, regulatory or other reasons. Alternative investment vehicle sponsors generally have limited
discretion to invest the assets of these vehicles independent of limitations or other procedures set forth
in the organizational documents of such vehicles and the Governing Documents related to each Fund.

GID Multifamily Investment Management LLC                                                  March 31, 2026

The Funds generally have a minimum investment amount of five million dollars for outside investors;
however, the Company generally is permitted to waive such minimum investment amount at the
relevant General Partner’s discretion.