Convergent Acquisitions Targets Charlotte, North Carolina as the Next Emerging Real Estate Market

A leading developer and vendor of real estate, Convergent Acquisitions and Development, Inc (http://www.convergentacquisitions.com) predictions were confirmed once again. In early 2004 Convergent Acquisitions had identified Charlotte, North Carolina as the only market in the country exhibiting ALL of their indicators of an emerging area. Since then, the national media has been catching up and are now highlighting the Charlotte, NC super charged real estate market. Recent articles with this theme have been seen in sources such as ABC's Nightline and the Wall Street Journal.

CHARLOTTE, N.C. (BusinessWire EON) July 6, 2007 -- A leading developer and vendor of real estate, Convergent Acquisitions and Development, Inc (http://www.convergentacquisitions.com) predictions were confirmed once again. In early 2004 Convergent Acquisitions had identified Charlotte, North Carolina as the only market in the country exhibiting ALL of their indicators of an emerging area. Since then, the national media has been catching up and are now highlighting the Charlotte, NC super charged real estate market. Recent articles with this theme have been seen in sources such as ABC’s Nightline and the Wall Street Journal.

As a research powerhouse, we, at Convergent Acquisitions & Development, apply our Due Diligence Methodology utilizing our Rule of Eight (www.convergentacquisitions.com/make-real-estate-work-for-you-0.php) while examining real estate markets throughout the country.

“As a research powerhouse, we, at Convergent Acquisitions & Development, apply our Due Diligence Methodology utilizing our Rule of Eight (www.convergentacquisitions.com/make-real-estate-work-for-you-0.php) while examining real estate markets throughout the country.” says Nick Sabardin, President and CEO. “That same in-depth analysis is applied everyday by our land acquisitions team to identify the best pockets and best timing to develop single family properties that will serve our customers for years to come. We design them with what has been proven to be the Rentals Renters Prefer, including all new construction, upgraded appliances and neighborhoods amenities renters look for.”

Charlotte, North Carolina became the Convergent Acquisitions base for the company offices in 2005. In the past two years Convergent has been developing targeted residential neighborhoods in the greater Charlotte market for its customer base.

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.