Charlotte School of Law Chooses Location Near Neighborhoods Developed by Convergent Acquisitions & Development, Inc.

Charlotte, North Carolina based developer and vendor of real estate Convergent Acquisitions & Development, Inc is pleased to announce that once again its predictions have come true. The Charlotte School of Law has chosen to locate on the west side of uptown Charlotte and is expected to be a magnet for both residential and business development in the area. The school will be leasing a four story building that is the first phase in a multi-use project that includes plans for 2,000 residences and ground-level retail.

CHARLOTTE, N.C. (BusinessWire EON) July 5, 2007 -- Charlotte, North Carolina based developer and vendor of real estate Convergent Acquisitions & Development, Inc is pleased to announce that once again its predictions have come true. The Charlotte School of Law has chosen to locate on the west side of uptown Charlotte and is expected to be a magnet for both residential and business development in the area. The school will be leasing a four story building that is the first phase in a multi-use project that includes plans for 2,000 residences and ground-level retail.

We only choose properties in the best pockets of this booming market that show the key indicators that have traditionally predicted just this kind of growth. Triggering events, such as this school, almost always have a positive effect on real estate in the area.

Known as a research powerhouse, and having anticipated this good news among much other in the area, Convergent Acquisitions & Development, Inc already has two neighborhoods in this area, Sonoma Village and Homestead Glen. Sonoma Village has been so successful that there are already plans in motion for a second Phase, dubbed Sonoma Estates with larger homes. Convergent Acquisitions was initially drawn to both of these projects due to the many up indicators in the area including the opening of a new section of the I-485 loop.

“We are always pleased to hear another business is investing resources near our neighborhoods, but we are never surprised,” says Convergent Acquisitions & Development, Inc’s President Nick Sabardin. “We only choose properties in the best pockets of this booming market that show the key indicators that have traditionally predicted just this kind of growth. Triggering events, such as this school, almost always have a positive effect on real estate in the area.”

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.