Charlotte, North Carolina Housing Market Receives National Attention

Convergent Acquisitions & Development, Inc a leading developer and vendor of real estate is pleased to announce that the media is highlighting the Charlotte, NC area as one of the strongest real estate markets in the country.

CHARLOTTE, N.C. (BusinessWire EON) June 14, 2007 -- Convergent Acquisitions & Development, Inc a leading developer and vendor of real estate is pleased to announce that the media is highlighting the Charlotte, NC area as one of the strongest real estate markets in the country.

Convergent Acquisitions started offering single family homes to individual investors in Charlotte, North Carolina, back at the end of 2005, well before the media caught up with what we knew would in all probability become the strongest market for a buy-and-hold real estate investment strategy

Charlotte was featured on ABC’s Nightline News on June 12, 2007 specifically stressing the area’s booming housing market. The report featured many of the principles Convergent Acquisitions uses to identify emerging markets and position properties that can be found in their White Paper Research Study.

Convergent Acquisitions is noted as a research powerhouse, always looking to position its developments in areas of growth and positive change. Before the media focused their attention to Charlotte, Convergent Acquisitions had identified the Charlotte area as having the strongest layering of probabilities for strong steady appreciation.

“Convergent Acquisitions started offering single family homes to individual investors in Charlotte, North Carolina, back at the end of 2005, well before the media caught up with what we knew would in all probability become the strongest market for a buy-and-hold real estate investment strategy,” says President Nick Sabardin. “Charlotte is the only metropolitan area in the country that follows scrupulously our Due Diligence Rule of 8 that we now see highlighted in the media on a regular basis. With all the real estate scams out there, we are pleased to offer our clients quality product in what we believe and many agree are the best pockets of Charlotte to own real estate.”

Go to http://www.convergentacquisitions.com/inthenews/ to learn more about Convergent Acquisitions and Development in the news.

About the Company:

Convergent Acquisitions & Development, Inc is a leading vendor and developer of real estate especially focused on serving the non-owner occupied or “real estate investor” market. Founded around a team of real estate professionals with in-depth knowledge of the market and a wealth of experience, Convergent Acquisitions and Development, Inc provides single family homes in emerging markets well poised for income and appreciation potential.

Convergent president Nick Sabardin, BS, MBA, graduated from the prestigious Sorbonne University in Paris, France, before spending several years as a business consultant to some of France’s largest corporations. He completed his education by earning his MBA at San Jose State University in Silicon Valley, with an emphasis on technology and marketing. He flew as a commercial airline pilot for US Airways for five years after graduation, and fell in love with the Charlotte area, a US Airways hub. He is a long time experienced real estate investor.