Real Estate Developer, Convergent Acquisitions & Development, Inc.,
Announces Saint Johns Ridge Located Near Planned University City
Development
CHARLOTTE, N.C. (Business Wire EON/PRWEB ) July 20, 2007 --
Charlotte, North Carolina based vendor and developer of real estate, Convergent
Acquisitions & Development, Inc. (http://www.convergentacquisitions.com)
is pleased to announce that once again their predictions for an area are
coming true. Crescent
Resources, LLC (http://www.crescent-resources.com)
has announced plans for a major development in the University City area
of Charlotte near Saint
Johns Ridge, a neighborhood developed by Convergent Acquisitions.
This week, Crescent Resources, LLC shared their plans to develop the
rest of the 205 acre tract that surrounds the home of the future IKEA
store. Plans include retail shopping, restaurants and residences. The
developers’ plan that the multi-use facility,
dubbed Belgate, will be completed within five years and act as a gateway
for the University City area of Charlotte.
“When we chose University City for Saint Johns
Ridge we saw many up indicators that predicated this kind of growth in
the area,” says Convergent Acquisitions’
President & CEO Nick
Sabardin. “A development of this magnitude
almost always has a positive effect on the real estate values in an 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 under US Airways’
colors 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.
See the original story at: http://eon.businesswire.com/releases/convergent/development/prweb541437.htm
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