for a total of 45 300,00 loaned, reimbursed in 161% monthly installments of %mensualit%, not including insurance(s) and/or optional service(s): 61 766,30. Santosh Govindaraju, Chief Executive Officer, Convergent Capital Partners 109 N. Brush Street, Suite 260 Tampa, Florida 33602 Phone: (813) 280-2000 Fax: (813) 200-2001 Web Accessibility Anand Patel is president of Pangea Realty and Development Group. Convergent Capital Partners is a privately owned real estate private equity firm headquartered in Tampa, Florida led by Santosh Govindaraju as Chief Executive Officer. It's a beautiful location, but it needs a little cash, the property needs to be attended to. Calling all real estate enthusiasts! 50.011. Made in the Basque Country. His company, Convergent Capital Partners, has invested over $500 million in real estate projects since 2008. This episode, he discusses his transition to real estate investing and what's next for the Tampa market. Contact Susan Taylor Martin at smartin@tampabay.com or (727) 893-8642. Obviously, we want more restaurant concepts and more offices. Bonjour, Nik Sachdev has been working as a Partner at Convergent Capital Partners for 15 years. "I intended to invest in tech startups in the late '90s, but I didn't find the market fit me because it was too speculative at the time," he said. Then we bought a large apartment complex of over 150 units in the USF area, the St. Moritz. Prior to Convergent Capital Partners LLC, Mr. Govindaraju was CEO of Paragon Capital Partners, LLC, a Tampa based real estate private equity firm. We're very selective, but once we identify an asset class we move quickly. Among its better-known local holdings: the Hyatt hotel in Clearwater and the Knights Point center on Tampa's Harbour Island, home of the popular Jackson's Bistro and many now-vacant storefronts. We promise to provide you with quality, value and peace of mind. As in real estate development, my job as an executive producer is to be a creative force and to pay attention to the details day-to-day, Govindaraju says. Other previous investments include the 250-room Hyatt Regency Clearwater Beach Spa and Resort, which it purchased in 2013 and sold in 2016 for $120.5 million. Mr. Govindaraju also serves on the Board of Directors of Stageworks and on the Board of Trustees of Academy at the Lakes. At 100 W. Kennedy Blvd., in downtown Tampa, Convergent Capital and Liberty Group paired up in May 2012 to acquire the former Mercantile Building from the Federal Deposit Insurance Corp. for $2.2 million. TAMPA For a couple of local tech startups, the money from investors is just as green, even if it is coming from nontraditional sources. While the privately owned company doesn't talk about returns on individual investments, "we've been successful in all projects to date," Sachdev says. Santosh and his firm, Convergent Capital Partners, have been providing equity and debt investment options in a variety of Florida commercial real estate for over 17 years. Agent | Closed Until 06:30 So the core competencies are largely the same. Get a quote for your financing plan in just a few clicks. We sold it about six months ago and it was 90 percent occupied. Mr. Govindaraju was named Indo-US Chamber of Commerce Businessman of the Year for 2002. With over 150 years of combined experience in Florida real estate, Convergent is a pre-eminent and dominant player in Florida's real estate markets. Geographic Information regarding City of Sax. With over 150 years of combined experience in Florida real estate, Convergent is a pre-eminent an Read More Contact Who is Convergent Capital Partners Headquarters He looks forward to his parents moving to Tampa and joining the Anand Vihar community. Insurance intermediary registered with the ORIAS under the number 07023493. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. His responsibilities include negotiating acquisitions, overseeing all investment activities, financial affairs, and forging partnerships with other firms in the industry. Santosh Govindaraju has expanded the company's investment platform to include independent feature films. Follow @susanskate. We want to add a marina. Eric Isenbergh Mr. Isenbergh brings a wealth of building experience to Anand Vihar. He has built over 3500 homes, most recently 1700+ homes in Tampa Bay. Location Le gps est calibr en fonction des volumes du vhicule. Such was the case at 490 First Ave. South, in downtown St. Petersburg, where Convergent Capital partnered with New Jersey-based office specialist Denholtz Associates. Were being careful, and only working with very strong operators. Here are all the details of Sax available below. At the beginning we were buying a lot of distressed notes and mortgages on big real estate projects hotels, apartment buildings, completed townhome projects, office projects where the borrowers were just too overleveraged. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Convergent Capital Partners. Nik Sachdev, Managing Director, Convergent Capital Partners. ORIAS N 07023493 (www.orias.fr). Castres, Occitanie, 81100. It was a risky move to focus on leisure travel, but one we felt could be worth it, based on all our research, and it paid off, Govindaraju says. What are your plans for the Universal Health Care building? Why did you start Convergent in 2008, a terrible time for most new companies? You have a legal retraction period of 14 days from the signing of your contract. 81710 SAIX. When the pair made their $19 million deal in April 2016 for the 239,000-square-foot property, it was just 46% leased. Santosh Govindaraju, CEO; View Website. Total cost of loan: 15 786,80, including an application fee of 679,50. Between 2008 to the end of 2012, we invested heavily in notes and mortgages, but now the market has shifted, there's not a lot of distressed notes and mortgages. Submitters are 7x more likely to receive a qualified connection. Our team has selected for you a list of hotel in Sax classified by value for money. His wife and three sons are actively involved in the Indian community in Tampa. Convergent Capital Partners is a privately owned real estate private equity firm headquartered in Tampa, Florida led by Santosh Govindaraju as Chief Executive Officer. Convergent Capital Partners is a privately owned real estate private equity firm headquartered in Tampa, Florida led by Santosh Govindaraju as Chief Executive Officer. The complete history of this vehicle is available online. Mr. Govindaraju began his career at Lehman Brothers in New York as a trader of fixed income derivatives, including various U.S. Dollar interest rate products such as swaps, caps and floors. He is a member of Leadership Florida and the Committe of Foreign Relations. We want to sit down with our team and officials in St. Pete and work on a plan that would be successful for everyone. current Chief Executive Officer, Santosh Govindaraju, CBI websites generally use certain cookies to enable better interactions with. By continuing to browse our site, you declare that you accept their use. Dr. Nallamshetty is a Florida native and has been an active member of the Tampa community for over 10 years. Keith Bares Co-Founder, Investment Committee Member. All Rights Reserved. . Thanks to our partner AutoViza, get it here in just one click. Santosh began his career at Lehman Brothers in 1997 in New York as a trader of fixed income derivatives, including various U.S. Dollar interest rate products such as swaps, caps, and floors. Legal notices Length : 7,50 Mr. Govindaraju was named the IndoUS Chamber of Commerce Businessman of the Year for 2002. Convergent Medias goals go beyond recognition, however. Its been a great story since we bought it.. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Letsgetstarted. We consider it an irreplaceable asset in an irreplaceable location, Sachdev says. Head office : Parc de la Haute Borne - 61 avenue Halley - 59866 VILLENEUVE d'Ascq - SIREN 325 307 106 RCS LILLE METROPOLE. Santosh is Chief Executive Officer of Convergent Capital Partners, a real estate private equity firm. Convergent Media was formed to invest in and produce independent films, and to date, the nascent firm has two credits to list entitled Bernie the Dolphin and a murder mystery called The Night Clerk with Tye Sheridan and Helen Hunt with a third now in production. Govindaraju says film investments can yield five- to 10-times the capital placed in them. Languages spoken: . 1115 Narmada Way, Wesley Chapel, FL 33543. Convergent Capital Partners Location 4600 W Cypress St Ste 120, Tampa, Florida, 33607, United States Description Read More Industry Finance General Finance in Systems Engineering from the University's School of Engineering & Applied Science. Convergent Capital Partners Location 4600 W Cypress St Ste 120, Tampa, Florida, 33607, United States Description Industry Finance General Finance Discover more about Convergent Capital Partners Org Chart - Convergent Capital Partners Paul Erdman He was responsible for directing the firm's strategy, capital raising, and managing the risk in the firm's investments. Govindaraju said he wasn't comfortable with tech investment when he first looked at the sector nearly 20 years ago. Make sure you are able to repay it before making a contractual commitment. CBI websites generally use certain cookies to enable better interactions with our sites and services. Prior to Convergent Capital Partners LLC, Mr. Govindaraju was CEO of Paragon Capital Partners, LLC, a Tampa based real estate private equity firm. We always do what we say. We have a highly skilled team with over 60 years of combined experience. Mr. Isenbergh brings a wealth of building experience to Anand Vihar. Mr. Govindaraju is a Tampa native, and a graduate of the prestigious Wharton School of Business. . Govindaraju, who spent three months studying the business at the University of California at Los Angeles famed film school, says he now spend roughly one quarter of his time on the media concern. 490 First Ave. South in downtown St. Petersburg was 46% occupied when Convergent and partner Denholtz Associates bought it. It could be both office and retail, or it could be just office. His other goal for Convergent Media is to be a part of, and win recognition at, celebrated annual film festivals such as ones in Cannes, France, or Toronto. Its a tricky time, and the one thing is we know what we dont want to do, Sachdev says.
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