CHARLOTTE -- Nicolas "Nick" Sabardin, B.S., MBA, was elected President of Convergent Acquisitions & Development, Inc effective immediately.
Mr. Sabardin graduated from the prestigious Sorbonne University in Paris, France, before spending several years as a business consultant to some of France's largest corporations and conglomerates. The Sorbonne is frequently described as the Harvard of continental Europe, and humorously recognized as not merely the Harvard, but "...the Harvard, Princeton, Yale, and Duke combined..." of Europe.
After matriculating from the Sorbonne, Mr. Sabardin spent several years consulting in France for such notable companies as AXA Insurance, Vivendi, SNCF, Pinault-Printemps (PPR), and ADP. Sabardin emigrated to the US to complete his education by earning his MBA in Silicon Valley at the highly ranked San Jose State University campus of the University of California. Sabardin's MBA was earned with an emphasis on technology and marketing.
No stranger to hard work and new ventures, Mr. Sabardin earned his living and paid his tuition by simultaneously working as a flight instructor while in school, finally earning his wings as an Airline Transport Pilot for US Airways, and flying as a First Officer for the Charlotte hubbed airline for five years. Sabardin fell in love with the area, and moved to Charlotte, where his accomplishments in private business and real estate investing brought him to Convergent's attention.
Convergent focuses on North Carolina generally, and the greater Charlotte area in particular. "We are very enthusiastic about the area, where we see a huge convergence of the economic and growth up-indicators we look for in what we think is still a profoundly undervalued climate. Our customers generally share our five, ten, and fifteen-year buy-and-hold perspective. We agree with the Charlotte Observer's recent editorial statement that 'Charlotte will be the region's economic and cultural center for as far into the future as experts can predict.' We expect to be doing great things here for our customers and our company," said Sabardin. "We are on pace to hit our sales goals of one hundred million dollars this year, and I am excited to have the opportunity to do my part to make it happen."
"We are honored to have Nick at the helm," enthused Convergent's Executive Vice President Ray Peeples, a long-time Charlotte resident and Convergent senior manager. "Convergent's growth has been truly extraordinary, and we expect it to accelerate tremendously as Nick's contributions to the organization are felt."
Convergent is a vendor and developer of real estate, with a special emphasis on selling to the non-owner occupied market, often called the real estate investor market. Convergent sells attached and detached single-family homes, usually one at a time to each individual, who often rents them, usually to middle class and upper middle class long-term tenants.
"Convergent's customers are, by and large, affluent and experienced individuals who buy property around the country in anticipated emerging growth areas. Convergent's value proposition is in the diligence with which they bring product to market, organizing the flow of information that this clientele likes to add to each customer's own due diligence." explains Dean Nikodemski, the president and broker-in-charge of Carolinas Real Estate, Inc., which exclusively handles Convergent's sales. Nikodemski, a ten year veteran of ReMax, and a former ReMax Hall of Famer, left ReMax to start Carolinas Real Estate to handle Convergent's high volume of high quality business.
"It was a difficult decision to leave ReMax, just about the best people in the world," said Nikodemski, who left many friends there. "But Convergent's business model and volume required a specialized firm. I was honored to be tagged for the relationship. I fully expect Mr. Sabardin's addition to Convergent's upper management will just accelerate what is already its explosive growth."
