Independent Director and Audit Chair
Roger D. Snell has served as one of the Independent Directors of the Board of Income NAV since September 2011. Mr. Snell has been Chief Investment Officer of Veritas Investments, a multi-family real estate investment firm, since January 2012. From February 2003 until June 2012, Mr. Snell was the Managing Director of SIP Investment Partners, a commercial real estate investment firm. From February 1997 to June 2002, Mr. Snell was President and Chief Executive Officer of Peregrine Real Estate Investment Trust, a publicly-traded commercial real estate and hotel property REIT that was reorganized into a private company named WinShip Properties. Prior to joining Peregrine in 1996, Mr. Snell was Managing Director of Snell & Co, an investment advisory firm, and President and Chief Executive Officer of Perini Investment Properties, a publicly traded REIT focusing on commercial real estate and hotel properties (later renamed Pacific Gateway Properties), from January 1993 to January 1996. Prior to joining Perini, Mr. Snell held various leadership positions in other commercial real estate investment and development companies. Mr. Snell received an MBA from Harvard Business School and a B.S. degree from the University of California, Berkeley.