William F. Rand - brand@npvllc.com

William Rand is President of Direct Invest. Mr. Rand co-founded NPV/Direct Invest in 2004 and is responsible for overseeing Direct Invest’s portfolio management, acquisitions and finance. Prior to forming Direct Invest, Mr. Rand was the Chief Operating Officer for WP Commercial and most recently managed the New England region for Archon Group, which had 22 properties, totaling 2.8 million square feet. Prior to joining WP Commercial in 2001, Mr. Rand was a Partner at Terra Nova Partners, LLC, a real estate development and investment company. From 1991 to 1998, Mr. Rand served as Chief Operating and Finance Officer for the Saracen Companies, an “office and industrial” real estate developer and manager. Prior to 1991, Mr. Rand founded and owned the Granite Companies, a private real estate firm. In addition, Mr. Rand has been employed by Cohen Properties and Dayton Hudson in their real estate divisions. Mr. Rand majored in Finance at Bentley College and is a member of NAIOP. Mr. Rand resides in Andover, Massachusetts.

Peter W. Evans - pevans@npvllc.com

Peter Evans is a Principal of Direct Invest and is responsible for managing broker dealer relationships, raising tenant-in-common equity, and managing portfolio-wide leasing efforts. Prior to joining Direct Invest, Mr. Evans served as a Principal of the Codman Company in Boston where he was responsible for managing the Landlord Representation Services for the company. Prior to Codman, Mr. Evans served as Director of Leasing for The Archon Group. Mr. Evans was responsible for the leasing of the Massachusetts portfolio consisting of approximately 22 properties totaling 2.8 million square feet. Prior to joining Archon in 2001, Mr. Evans served as a Vice President of Meredith and Grew, Inc., Boston, as a commercial real estate broker with a focus on landlord representation. Mr. Evans majored in economics at the University of Colorado, Boulder and is a member of the Commercial Broker Association of Massachusetts. Mr. Evans resides in Duxbury, Massachusetts.