Explosive Growth in Mint Hill, North Carolina near the Villages at Bent Creek, a Neighborhood by the Real Estate Developer, Convergent Acquisitions &

CHARLOTTE, N.C. (BusinessWire EON) July 3, 2007 -- Recent reports show that Mint Hill has been experiencing tremendous growth including plans for more then 15 subdivisions with some prices in the $350,000 to $400,000 range.

"Before we build in any area we apply our extensive Due Diligence Methodology, looking for all the key indicators of impending growth" says Convergent Acquisitions and Development's President Nick Sabardin. "As we knew would be the case, since starting our work at The Villages at Bent Creek we have seen incredible changes in the area including announcements of plans for a regional hospital, an upscale mall and numerous high-end neighborhoods. Growth like this almost always has a positive effect on the property values, and most benefits those people that were smart enough to have purchased with us several months ago. When we first introduced The Villages at Bent Creek, none of those significant triggering events were known to the general public, yet well known by us through our in-depth research."

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.

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