INVICTUS OPPORTUNITY OFFSHORE FUND II, L.P.

PFID 805-7594299992 Managed by INVICTUS CAPITAL MANAGEMENT, LP

Real Estate Fund 3(c)(7) Master Fund

Gross Asset Value

$270.2M

Min. Investment

$250,000

Investors

First Sale

FY End

Service Providers

Auditor

PRICEWATERHOUSECOOPERS LLP

MCLEAN, Virginia, United States

PCAOB: Registered

Independent: Yes

Custodian

WELLS FARGO BANK, N.A.

SAN FRANCISCO, California, United States

Custodian

RJO'BRIEN

CHICAGO, Illinois, United States

Custodian

US BANK

ST. PAUL, Minnesota, United States

Custodian

BANK OF NEW YORK MELLON CORPORATION

NEW YORK, New York, United States

Custodian

COMPUTERSHARE TRUST COMPANY, N.A.

MINNEAPOLIS, Minnesota, United States

Custodian

CITY NATIONAL BANK

LOS ANGELES, California, United States

Custodian

BANC OF CALIFORNIA

IRVINE, California, United States

Custodian

INTERACTIVE BROKERS LLC

GREENWICH, Connecticut, United States

Administrator

SEI GLOBAL SERVICES, INC.

OAKS, Pennsylvania, United States