His wife and three sons are actively involved in the Indian community in Tampa. Convergent Capital Partners has 1 fund, including CCP Fund I LLC. And we've never retreated on a deal. 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 Govindaraju, Convergent Capital Partners LLC: Profile and Biography - Bloomberg Markets Bloomberg Connecting decision makers to a dynamic network of information, people and ideas,. 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. People. There are a lot of different options we can pursue there. Obviously, we want more restaurant concepts and more offices. One industry we're very bullish on is hospitality. 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. There, the company more than doubled operating profit in about three years, to just under $10 million, by executing a strategy that favored leisure travel over corporate business. Key Facts. 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. current Chief Executive Officer, Santosh Govindaraju, CBI websites generally use certain cookies to enable better interactions with. Santosh Govindaraju - IMDb Convergent Capital Partners previously purchased the 250,000-square-foot Tampa Bay Times HQ in St. Petersburg in 2016 and sold it two years later. At Santosh Govindaraju, CEO of Convergent Capital Partners LLC of Tampa, is making a personal investment of $1.2 million into tech start-up Harness. One of our advantages is speed; it gives us a lot of advantage in this market. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Fill out this form to learn more: Wikicampers acts as a trusted third party. Total cost of loan: 15 786,80, including an application fee of 679,50. Location 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. 4600 W. Cypress Street Suite 120 Tampa, Florida 33607 USA Email: santosh@convergentcap.com: Office Phone (813) 386-4906 Sachdev says Convergent Capital has invested in multifamily deals in markets like Portland and Sacramento, Calif., select-service hotels and is taking a hard look at senior housing opportunities nationwide. Calling all real estate enthusiasts! Santosh Govindaraju serves as Portfolio Manager and Chief Executive Officer. Nik Sachdev, left, started Convergent Capital Partners with partners Paul Beraquit, center, and Santosh Govindaraju. "Now, it's a different world.". He is past President of the Asian American Chamber of Commerce. 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 and his wife both volunteer as sevaks of the Tampa Chinmaya Mission. 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. The investment group, which seeks value-add, opportunistic and specialty situation investments, has made numerous significant investments in the local market in acquiring office buildings, retail centers and apartments.
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