convergent capital partners santosh

Learn more. 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. . Thanks to our partner AutoViza, get it here in just one click. He was responsible for directing the firm's strategy, capital raising, and managing the risk in the firm's investments. Since 2008, when the economy teetered dangerously close to collapse, Convergent has acquired more than $460 million worth of mortgages and real estate including hotels, gas stations, medical offices, luxury condos and even a golf course. Were still looking for opportunities, but its tougher, says Nik Sachdev, a Convergent Capital managing partner. John Mason Co-Founder, Investment Committee Member. But with years of tourist gains statewide and a laser-like marketing campaign by state and regional officials, Clearwater Beach has become one of Floridas most widely-visited tourist destinations. "But the focus for so many of these individuals and groups is real estate.". About Convergent Capital Partners. Find all the information of Sax or click on the section of your choice in the left menu. Fill out this form to learn more: Wikicampers acts as a trusted third party. Get a quote for your financing plan in just a few clicks. l/100km. How about the 130,000-square-foot Knights Point center, home to Jackson's Bistro and once known as the Shops at Harbor Island? Convergent Capital Partners revenue is $4.1 M, Convergent Capital Partners has 12 employees, Convergent Capital Partners headquarters are located in 4600 W Cypress St Ste 120, Tampa, Florida, 33607, United States, Convergent Capital Partnerss main industries are: Finance, Venture Capital & Private Equity, Convergent Capital Partnerss CEO is Paul Erdman, Convergent Capital Partners appears in search results as Convergent Capital Partners LLC, Convergent Capital Partners, Convergent Management LLC, Get Free Access to Convergent Capital Partners Contacts Info. 24/7 technical support for vehicle operation. There are a lot of different options we can pursue there. Geographic Information regarding City of Sax. We secure the sale between you and the seller. Were at a point in the marketplace where the pendulum has swung, to paraphrase investor Howard Marks, so that the perceived risk is gone, which, ironically, is when many people tend to take on even greater risk, Govindaraju says. Eric Isenbergh Mr. Isenbergh brings a wealth of building experience to Anand Vihar. Its hard to plan for the future when the real estate market appears to be at its peak, Sachdev says. When it sold late last year, it was more than 90% committed. The Universal Health Care building, we were able to buy 130,000 square feet in the heart of St. Petersburg for below replacement cost when St. Petersburg is growing phenomenally. Mr. Govindaraju is a member of Leadership Florida, Committee on Foreign Relations, and the Zell Lurie Institute at the Wharton School. We knew we were going to be in the market a long time, and the real estate developer who faces trouble eventually is going to be back we've already seen them come back. Convergent makes direct equity, joint venture equity, and debt investments for recapitalization of debt, value-add transactions, and real estate development. Obviously, we want more restaurant concepts and more offices. Santosh Govindaraju, CEO; View Website. 81710 SAIX. Mr. Govindaraju graduated from the University of Pennsylvanias prestigious Jerome Fisher Program in Management and Technology (M&T), with a Bachelor of Science in Economics with concentrations in Finance and Entrepreneurial Management from the Wharton School and a Bachelor of Applied Science in Systems Engineering from the School of Engineering & Applied Science and minors in Theatre Arts, Mathematics, and South Asian Studies. Convergent Capital Partners assumed a $9.8 million mortgage through Mercury Insurance for the property purchase. And no matter what we do, we want to create a positive impact., Were going to maintain our sense of trustworthiness and loyalty, Sachdev says. In the past 18 months, we've turned more to where we're building a real estate portfolio with Class A assets. Distance (in kilometers) between Sax and the biggest cities of France. Santosh Govindaraju is the Portfolio Manager of Convergent Capital Partners LLC, a real estate private equity firm focused on opportunistic real estate investments primarily in Florida. When the pair made their $19 million deal in April 2016 for the 239,000-square-foot property, it was just 46% leased. 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. In 2003, he designated as the Young Minority Business Person of the Year and honored as onof the "Top 30 Under 30" by the Tampa Bay Business Journal. Join us at the Muma College of Business (BSN 225) on March 9th from 6:30-7:30 PM for an exciting presentation by Santosh Govindaraju, Founder and CEO of Convergent Capital Partners. Convergent makes direct equity, joint venture equity, and debt investments for recapitalization of debt, value-add transactions, and real estate development. We have a highly skilled team with over 60 years of combined experience. By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy. Want more of our free, weekly newslettersinyourinbox? Mr. Govindaraju is a level 2 candidate for the Chartered Financial Analyst (CFA) designation. 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 GTC, 2023 Wikicampers. Mr. Govindaraju also serves on the Board of Directors of Stageworks and on the Board of Trustees of Academy at the Lakes. He is part of the leadership of USF Medical School and multiple hospitals in Tampa Bay. Weather forecast for the next coming days and current time of Sax. Tampa-based Convergent Capital Partners, a private real estate equity firm, has purchased Mercury Insurance Co-Floridas Clearwater office building in a $19.6 million deal. His company, Convergent Capital Partners, has invested over $500 million in real estate projects since 2008. He is an award-winning builder who has been involved with over 40 major real estate developments in Florida. That allows you to attract the best talent because anyone who goes into filmmaking aspires to win an Oscar.. When the company bought the former Shops at Harbour Island, at 601 S. Harbour Island adjacent to the Westin Tampa Harbour Island hotel, in August 2014 for $7.5 million, it was just 25% occupied, by restaurant Jacksons Bistro. Mr. Govindaraju was named the IndoUS Chamber of Commerce Businessman of the Year for 2002. Find below the times of sunrise and sunset calculated 7 days to Sax. Since 2008, Convergent has acquired over $400 million in performing / sub-performin g commercial mortgages and real estate. In an interview last week with the Tampa Bay Times, Sachdev discussed Convergent's beginnings, its investment strategy and why it's bullish on Tampa Bay. He has served as Chairman of the Board of Directors of the IndoUS Chamber of Commerce, and is past President of the Asian American Chamber of Commerce. Nik Sachdev has been working as a Partner at Convergent Capital Partners for 15 years. Harness has developed an app allowing users to "round-up" credit or debit card purchases with the change automatically donated back to their favorite charity. Convergent has several hotels, including the new Aloft in downtown Tampa, a Holiday Inn Express in Naples and Candlewood Suites hotels in Hilton Head, S.C., Charleston, S.C., and Athens, Ga. Why so many hotels? Harness, a company founded by Miraj Patel and Andrew Scarborough, will receive $1.2 million from a group of investors led by Santosh Govindaraju, CEO of Convergent Capital Partners, a real estate private equity firm in Tampa with $250 million in assets. He is past President of the Asian American Chamber of Commerce. Its a very time-intensive business, but its also fun and rewarding, he says. Every time the market shifts, you have to shift, too. His responsibilities include negotiating acquisitions, overseeing all investment activities, financial affairs, and forging partnerships with other firms in the industry. Here are all the details of Sax available below. Focusing on development and the turnaround of commercial real estate projects, Santosh has applied his creative vision in the investment of over $1 billion of both equity and debt in commercial real estate throughout the United States. This episode, he discusses his transition to real estate investing and what's next for the Tampa market. We see a lot of room for growth and we want to be part of it. 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. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Total number of current Jobs the person has. After roughly $15 million improvements, the property opened as a 130-room Aloft Hotel. He was recently honored for his medical services, and recognized as a top physician in Tampa Bay. Conditions in force on 01/01/2021. The New Yorks, the D.C.s have all come back, but these secondary markets are still very good investment opportunities. Santosh is a member the Samuel Zell and Robert Lurie Real Estate Center at the Wharton School of the University of Pennsylvania, The Committee on Foreign Relations, and Leadership Florida. Dr. Nallamshetty is a Florida native and has been an active member of the Tampa community for over 10 years. Mr. Govindaraju obtained a Bachelor of Science in Finance and Entrepreneurial Management from the Wharton School of the University of Pennsylvania and concurrently earned a B.A.S. 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. Anand Vihar is the premier 55-plus community in the United States. Santosh is responsible for sourcing the acquisitions, defining exit strategies, negotiating workouts, and overseeing strategy. Length : 7,50 Key Facts. Sax Fax number. Convergent Capital Partners is an aggressive buyer of debt, which is currently valued at $250 million. We care about your new community, and look forward to creating this special place for you. Convergent Capital. We love the Tampa Bay market, St. Pete included. Nik Sachdev, Managing Director, Convergent Capital Partners. So the core competencies are largely the same. 490 First Ave. South in downtown St. Petersburg was 46% occupied when Convergent and partner Denholtz Associates bought it. Govindaraju said he wasn't comfortable with tech investment when he first looked at the sector nearly 20 years ago. Use the CB Insights Platform to explore Convergent Capital Partners's full profile. . - Porte-vlo pour 2 vlos Santosh graduated from the University of Pennsylvania's prestigious Jerome Fisher Program in Management and Technology (M&T), with a Bachelor of Science in Economics with concentrations in Finance and Entrepreneurial Management from the Wharton School, a Bachelor of Applied Science in Systems Engineering from the School of Engineering & Applied Science, and minors in Theater Arts, Mathematics, and South Asian Studies. Convergent Capital Partners has 3 team members, including current Chief Executive Officer, Santosh Govindaraju. In film, youre developing intellectual property, whereas in real estate, youre developing or investing in real property.. Total cost of loan: 15 786,80, including an application fee of 679,50. His wife and three sons are actively involved in the Indian community in Tampa. Since founding the firm in September 2008 through 2014, Santosh has led the team in the acquisition of approximately $550 million in commercial real estate assets. Negotiates acquisitions, overseeing all investment activities, financial affairs, and forging partnerships, Chief Executive Officer & Portfolio Manager. We're very selective, but once we identify an asset class we move quickly. Log In or Sign up to contact this investor. We spent most of 2008 fundraising. P Read More Contact Santosh Govindaraju's Phone Number and Email Last Update 3/9/2023 4:04 AM Email s***@convergentcap.com Engage via Email Contact Number (813) ***-**** Engage via Phone Mobile Number 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. Keith Bares Co-Founder, Investment Committee Member. Another Tampa company, Phonism, founded by CEO Steve Lazaridis, is getting $350,000 from an investment group formed by Tampa attorney Rich McIntyre. Information on the people and the population of Sax. Prior to Convergent Capital Partners LLC, Mr. Govindaraju was CEO of Paragon Capital Partners, LLC, a Tampa based real estate private equity firm. At the same time, the Tampa-based real estate equity firm burnished its reputation as a canny judge of attractive but underperforming properties throughout the bay area and as far away as Chicago, where it has a 200,000-square-foot suburban office building. Well-located properties, history has shown, always come back the quickest from any downturn, and theres a recognition on our part that you have to pay a premium for that at present., "Our main focus right now is on creating upside while limiting and protecting our downside." GoogleMaps. Seul la camra de recul sera contrle en mme temps que le test d'tanchit, car la vido ne se diffuse pas. . Were being careful, and only working with very strong operators. 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. Services may be provided by Western Union Financial Services, Inc. NMLS# 906983 and/or Western Union International Services, LLC NMLS# 906985, which are licensed as Money Transmitters by the New York State Department of Financial Services. On Wikicampers, you will find the perfect camper to rent or to buy.Learn more, Promo Code He is a member of Leadership Florida and the Committe of Foreign Relations. We want to add a marina. 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. Nearly a decade ago, when then-newly formed Convergent Capital Partners began acquiring real estate with $10 million it had raised, the company's goal was simple. Oceanic climate (Kppen climate classification: Cfb), Copyright 2023 DB-City - All rights reserved. Castres, Occitanie, 81100. Convergent Medias goals go beyond recognition, however. Sachdev says the new directions represent the latest in a gradual evolution for the company, which turned 10 years old last September. 147 Avenue De Lacaze-basse. Convergent is a pre-eminent and dominant player in Florida's real estate markets. Whether you're ready to experience nomadic travel for the first time or have already been won over by the joys of the open road, you've come to the right place! Convergent Capital Partners is a privately owned real estate private equity firm headquartered in Tampa, Florida led by Santosh Govindaraju as Chief Executive Officer. 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. . Santosh Govindaraju serves as Portfolio Manager and Chief Executive Officer. Made in the Basque Country. Calling all real estate enthusiasts! 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. Affected credit from 5,000 to 120,000 subject to acceptance by Cofidis SA Directoire et conseil de surveillance au capital de 67 500 000 . Insurance intermediary registered with the ORIAS under the number 07023493. site you are consenting to these choices. Insurance intermediary registered with the ORIAS under the number 07023493. We really like Naples and Bonita Springs; it's a very strong kind of retirement community, and we like the demand drivers there. Wikicampers offers you a 3-month SECUR warranty. Sax Phone number. Our main focus right now is on creating upside while limiting and protecting our downside. Anand Patel is president of Pangea Realty and Development Group. His wife and two sons love living in Tampa and spending time with their parents, future residents of Anand Vihar. L'quipement avait tait achet 577+270 euros de pose. The good thing is it's well located, there are multiple uses for that property and we just want to make sure we do the right thing. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Our mission is to create a close knit active adult community where you feel right at home from the first moment you arrive! His two children attend high school here, and he and his wife founded a charter high school for exceptional children. What are your plans for the Universal Health Care building? Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. While the privately owned company doesn't talk about returns on individual investments, "we've been successful in all projects to date," Sachdev says. Mr. Govindaraju is a Tampa native, and a graduate of the prestigious Wharton School of Business. Quelques renseignements complmentaires sur mon vhicule : The borrower knows the asset best. . He is responsible for the strategic direction and growth of the company. The Class A office building, built in 1999, features a community gym and on-site caf, according to a Loopnet listing, which previously advertised the property for lease. Convergent Capital Partners Location 4600 W Cypress St Ste 120, Tampa, Florida, 33607, United States Description Read More Industry Finance General Finance At the same time, the company has hedged its risk exposure by investing with partners and by covering expenses through the sale of distribution rights and other means. Convergent Capital Partners has 1 fund, including CCP Fund I LLC. 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. Drs. "They can grow rapidly with relative ease," Govindaraju said of Harness. He serves on the board of directors of the IndoUS Chamber of Commerce, the board of directors of Asian American Chambers of Commerce of Tampa Bay, the board of directors of Chinmaya Mission Tampa Bay, and the board of trustees at Academy of the Lakes, all of which are in Florida. Dfaut arrire gauche non dtaill sur les photos, car l'assurance du propritaire changera neuf les lments "choc mineur. A University of Michigan graduate and a former banker, Sachdev, 35, started Convergent with partners Santosh Govindaraju, 38, who began his career trading fixed-income derivatives, and Paul Beraquit, the "on the ground" partner who handles the physical aspects of their real estate deals. Discover the benefits negotiated for you. Private Equity Stage Investors Private Equity Firms, Number of portfolio companies associated to the Person, Algorithmic rank assigned to the top 100,000 most active Investors, The organization associated to the person's primary job, This describes the type of investor the person is (e.g. Since its founding in 2008, the firm has invested over $2 billion in real estate assets and debt, according to the companys profile. His responsibilities include negotiating acquisitions, overseeing all investment activities, financial affairs, and forging partnerships with other firms in the industry. The companys biggest investment move, however, has been completely outside of real estate and into filmmaking. What has not changed, in addition to its investment discipline, is Convergent Capitals desire to work with best-in-class operating partners to generate successful investments. Letsgetstarted. That's how we establish credibility. It was a very difficult time, but we found a group of high-net-worth individuals who trusted us. Copyright 2023 Observer Media Group Inc., All Rights Reserved, Convergent Capital Partners, Liberty Group partner on Aloft project, Seizing on opportunities in Opportunity Zones, Convergent Capital Partners closes $40 million fund, Blackstone buys Westin hotel, Convergent Capital buys nearby Knights Point, Convergent Capital joins Park Square ownership, as required for Public Notices per F.S. Want to contact the Administration of Sax? Santosh Govindaraju, CEO of Convergent Capital Partners LLC of Tampa, is making a personal investment of $1.2 million into tech start-up Harness. 30 years later in Tampa, USF friends make Hollywood dreams come true, How a gay bar made downtown Dunedins business culture bloom, No charges filed in the shooting death of 19-year-old University of Tampa student, You know what, guns actually do kill people | Letters, Seminole Heights serial killings case ends with guilty plea, 4 life sentences, Tampa voters pick Maniscalco for District 2 City Council, Top Tampa Bay area events for the week of April 24-30, Tampa Bay office buildings add perks, in part to attract millennials.

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