convergent capital partners santosh28 May convergent capital partners santosh
Convergent Capital Partners focuses on what's next June 26, 2015 April 12, 2013 October 6, 2017 March 22, 2019 June 26, 2015 . Born in New Zealand but having spent most his life locally, Anand, his wife and two children proudly call Tampa Bay home. 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. Contact Susan Taylor Martin at smartin@tampabay.com or (727) 893-8642. . TAMPA For a couple of local tech startups, the money from investors is just as green, even if it is coming from nontraditional sources. Santosh and his wife both volunteer as sevaks of the Tampa Chinmaya Mission. 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 What does a company formed to buy and turn around distressed commercial real estate properties do when there are few such properties to be had? The borrower knows the asset best. He is the president of a leading medical practice, but is also an entrepreneur at heart, supporting numerous technology and health care start-up companies. Paul Erdman - Chief Exec.. - Convergent Capital Partners - ZoomInfo Sachdev says the new directions represent the latest in a gradual evolution for the company, which turned 10 years old last September. Use the CB Insights Platform to explore Convergent Capital Partners's full profile. Mr. Govindaraju was named Indo-US Chamber of Commerce Businessman of the Year for 2002. That's how we establish credibility. Since its founding in 2008, the firm has invested over $2 billion in real estate assets and debt, according to the companys profile. Tampa Bay home sales are down. 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. Castres, Occitanie, 81100. He was recently honored for his medical services, and recognized as a top physician in Tampa Bay. You can read more about your cookie choices at our privacy policyhere. Money Transfer Locations | Sax, Occitanie | Western Union There are a lot of different options we can pursue there. Nik Sachdev - Partner - Convergent Capital Partners | ZoomInfo At g commercial mortgages and real estate. Moving forward, the pair say that whatever the platform, they will invest with the principals that have guided them thus far. We spent most of 2008 fundraising. We want to add a marina. Convergent Capital Partners is part of the Finance industry, and located in Florida, United States. Head office : Parc de la Haute Borne - 61 avenue Halley - 59866 VILLENEUVE d'Ascq - SIREN 325 307 106 RCS LILLE METROPOLE. Santosh Govindaraju, Convergent Capital Partners LLC: Profile and Biography - Bloomberg Markets Bloomberg Connecting decision makers to a dynamic network of information, people and ideas,. Tampa investors buy Mercury Insurance Building on Ulmerton, Knights Point on Harbour Island lands large office tenant, Convergent Capital buys former Universal Health Care building in downtown St Petersburg. 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. We sold it about six months ago and it was 90 percent occupied. Thanks to our partner AutoViza, get it here in just one click. Convergent Capital Partners owns Knights Point , a. Why do you think Convergent has been successful so far? Convergent Capital Partners is becoming a major player in Tampa Bay That allows you to attract the best talent because anyone who goes into filmmaking aspires to win an Oscar.. Govindaraju says film investments can yield five- to 10-times the capital placed in them. - Idal pour une famille car fait pour 5 couchages Minneapolis, MN / Newport Beach, CA Every time the market shifts, you have to shift, too. As Anand Vihars Director of Sales, Mr. Patel interacts with hundreds of active adults throughout the US and the world as they look to make Tampa Bay and Anand Vihar their future home. You have a legal retraction period of 14 days from the signing of your contract. Quelques renseignements complmentaires sur mon vhicule : current Chief Executive Officer, Santosh Govindaraju, CBI websites generally use certain cookies to enable better interactions with. Convergent Capital is working to install a boardwalk and 50-slip marina on the property, and next year, Jacksons Bistro is slated to begin a major overhaul of its restaurant, which combined will likely add even greater value. Send Message. Negotiates acquisitions, overseeing all investment activities, financial affairs, and forging partnerships, Chief Executive Officer & Portfolio Manager. What's Happening in #Tampa / #StPete: Convergent Capital Partners has purchased Mercury Insurance's Clearwater office building in a $19.6 million Liked by Santosh Govindaraju This is an. One of our advantages is speed; it gives us a lot of advantage in this market. 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. 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. Convergent Capital Partners - Overview, News & Competitors - ZoomInfo . The risk there was that so-called group business often is more predictable, albeit at lower room and food and beverage rates, than individual travel. He is an award-winning builder who has been involved with over 40 major real estate developments in Florida. Subscribe to our free Business by the Bay newsletter. Sax Postal address. We see a lot of room for growth and we want to be part of it. Holding on to The Pointe could be especially important if Sachdev and Govindarajus beliefs about the current inflated state of the commercial real estate market prove true. Roughly $13 million in renovations and leases with Times Publishing Co., Bank of the Ozarks, Taylor Media and L3 Technologies later, the eight-story building topped 90% in occupancy. Wall Street Lessons His responsibilities include negotiating acquisitions, overseeing all investment activities, financial affairs, and forging partnerships with other firms in the industry. Prior to Convergent Capital Partners LLC, Mr. Govindaraju was CEO of Paragon Capital Partners, LLC, a Tampa based real estate private equity firm. His responsibilities include negotiating acquisitions, overseeing all investment activities, financial affairs, and forging partnerships with other firms in the industry. Convergent Capital Partners is a privately owned real estate private equity firm headquartered in Tampa, Florida led by Santosh Govindaraju as Chief Executive Officer. He is responsible for the strategic direction and growth of the company. The dealer is mandated on a non-exclusive basis to assist in the execution of the credit agreement without acting as a lender, he has no power to grant or manage the credit. But Govindaraju, who becomes a new member of the company's board of directors, said his share is a personal investment unconnected to Convergent. 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. Legal notices We promise to provide you with quality, value and peace of mind. We love the Tampa Bay market, St. Pete included. CEO, Convergent Capital Partners Santosh Govindaraju is at the helm of a company poised to make its mark on Tampa Bay's two urban centers. 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. Were being careful, and only working with very strong operators. 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. 81710 SAIX. 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. 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. We use cookies to improve and personalize your browsing experience, analyze our traffic, and provide social networking features. We care about your new community, and look forward to creating this special place for you. Sax Fax number. Want more of our free, weekly newslettersinyourinbox? He is responsible for the strategic direction and growth of the company. You can read more about your. "There's a lot of money in Tampa Bay," she said. 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. 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. His wife and three sons are actively involved in the Indian community in Tampa. Discover the benefits negotiated for you. Do you expect more investments in the Tampa Bay area? 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. Convergent Capital Partners is a privately owned real estate private equity firm headquartered in Tampa, Florida led by Santosh Govindaraju as Chief Executive Officer. Find below the times of sunrise and sunset calculated 7 days to Sax. The representative example is for a financing made on 05/01/2021 and a first maturity on 05/02/2021. Web Design by Katapult Marketing. What are your plans for the Universal Health Care building? Were still looking for opportunities, but its tougher, says Nik Sachdev, a Convergent Capital managing partner. Oceanic climate (Kppen climate classification: Cfb), Copyright 2023 DB-City - All rights reserved. Fill out this form to learn more: Wikicampers acts as a trusted third party. In late 2015, it was sold for $30 million. Our team has selected for you a list of hotel in Sax classified by value for money. He is past President of the Asian American Chamber of Commerce. 25 People to Watch in 2015: Santosh Govindaraju Convergent Capital Partners has 1 fund, including CCP Fund I LLC. Paragon, Mr. Govindaraju originated over $600 million in residential and commercial mortgage loans and repositioned / developed over $100 million of commercial real estate. We're very selective, but once we identify an asset class we move quickly. 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. Nik Sachdev has been working as a Partner at Convergent Capital Partners for 15 years. Get a quote for your financing plan in just a few clicks. When the pair made their $19 million deal in April 2016 for the 239,000-square-foot property, it was just 46% leased. l/100km. Founded in 1999, Convergent Capital is an SBIC fund manager dedicated to being a valued resource to lower middle market companies with capital needs. Santosh Govindaraju is a Founding Partner, Chief Executive Officer and Portfolio Manager at Convergent Capital Partners based in Tampa, Florida. Head office : Parc de la Haute Borne - 61 avenue Halley - 59866 VILLENEUVE d'Ascq - SIREN 325 307 106 RCS LILLE METROPOLE. Its a very time-intensive business, but its also fun and rewarding, he says. [Handout photo], No charges filed in the shooting death of 19-year-old University of Tampa student, Meet the NY billionaire building Tampa Bays tallest condo tower, University official gets prison for defrauding central Florida school, Defamation bill dead for this Florida legislative session, sponsor says, Tampa owner of Outback, Flemings aims to keep prices steady in 2023, 30 years later in Tampa, USF friends make Hollywood dreams come true, Tampa voters pick Maniscalco for District 2 City Council, Top Tampa Bay area events for the week of May 1-7, How a gay bar made downtown Dunedins business culture bloom, 2-year-old daughter of Bucs linebacker Shaquil Barrett drowns in family pool, PunditFact: Website wrong with attack on Donald Trump, Dakota Access Pipeline. 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. 50.011. Log In or Sign up to contact this investor. "But the focus for so many of these individuals and groups is real estate.". Santosh Govindaraju, CEO of Convergent Capital Partners LLC of Tampa, is making a personal investment of $1.2 million into tech start-up Harness. CBI websites generally use certain cookies to enable better interactions with our sites and services. Santosh Govindaraju - Biography - IMDb Follow @susanskate. Team Convergent Convergent Capital With its recent purchase of Universal Health Care's former headquarters, Convergent Capital Partners instantly established itself as an important player in downtown St. Petersburg's torrid office market. Convergent Capital. When the pair made their $19 million deal in April 2016 for the 239,000-square-foot property, it was just 46% leased. Convergent Capital Partners has 3 team members, including current Chief Executive Officer, Santosh Govindaraju. 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. Our main focus right now is on creating upside while limiting and protecting our downside. Prior to Convergent Capital Partners LLC, Mr. Govindaraju was CEO of Paragon Capital Partners, LLC, a Tampa based real estate private equity firm. Convergent Capital Partners assumed a $9.8 million mortgage through Mercury Insurance for the property purchase. On Wikicampers, you will find the perfect camper to rent or to buy.Learn more, Promo Code Distance (in kilometers) between Sax and the biggest cities of France. A votre disposition pour tout renseignement complmentaire, About the leak test : il sera fait pour la vente, il est fait chaque anne, Date of last vehicle safety inspection : 11/10/2022, Date of last service performed : 03/10/2022. In the past 18 months, we've turned more to where we're building a real estate portfolio with Class A assets. We want to sit down with our team and officials in St. Pete and work on a plan that would be successful for everyone. He is actively involved in capital raising, acquisitions, and complex negotiations involving the firm's assets. Mr. Govindaraju is a level 2 candidate for the Chartered Financial Analyst (CFA) designation. 4600 W. Cypress Street Suite 120 Tampa, Florida 33607 USA Email: santosh@convergentcap.com: Office Phone (813) 386-4906 He looks forward to his parents moving to Tampa and joining the Anand Vihar community. The acquisition, which closed March 29, includes the eight-story, 157,379-square-foot office building as well as a five-story parking garage at 1901 Ulmerton Road. Help 4600 W Cypress St Ste 120, Tampa, Florida, 33607, United States. Want to contact the Administration of Sax? France. Languages spoken: Because we know were only as good as our last deal.. Why did you want mortgages instead of the actual property? From growth, acquisition, and recapitalization situations, we approach every funding project as a unique opportunity to help make a difference in small businesses, their people, and communities. Find all the information of Sax or click on the section of your choice in the left menu. We bought it when it was very, very distressed, and put a lot of resources and money into it, and now it's a thriving apartment community that was 15 percent occupied when we bought it. Santosh Govindaraju, CEO; View Website. It was a townhouse of 40 units developed near USF (University of South Florida) in Tampa. Discover the benefits negotiated for you. Seul la camra de recul sera contrle en mme temps que le test d'tanchit, car la vido ne se diffuse pas. Convergent Capital sold the 279-room hotel, at 301 S. Gulfview Blvd., in early 2016 for $120.5 million. Keith Bares Co-Founder, Investment Committee Member. Here are all the details of Sax available below. 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. About Convergent Capital Partners. Weve gone from acquiring bank notes to making direct investments in properties to making preferred equity deals, he says. His wife and three sons are actively involved in the Indian community in Tampa. We want it to feed off the great urban location, to feed off what (Tampa Bay Lightning owner) Jeff Vinik is doing, to feed off the convention center. I think well always try to be a bit contrarian and try to see where others math might be viewed as wrong, Govindaraju says.
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