Chapter 1045: 357. Sale of Florida land_2
Donnie laughed and said, “Why care about those voices from outside? As long as I believe in you, that’s enough!”
Café Jackson said worriedly, “If only a few people said that, I naturally wouldn’t care, but look, even the ‘Wall Street Journal’ has rated as your most failed appointnt! ”
Café Jackson is so troubled, naturally because of the sale of the Florida land.
This matter was naturally decided by Donnie.
But it was executed by Café Jackson, and in the future, Donnie wanted to make Café Jackson a National Congress mber.
To beco a National Congress mber, rely the resu of a vice president at the Venus Consortium is still sowhat lacking for Café Jackson, after all, Café Jackson beca famous relatively late, so he needs achievents that shock the world.
And the real estate industry in Florida is the achievent Donnie has added for Café Jackson.
Although the Miami hurricane is an unavoidable natural factor, whether in politics or business, success is all that counts, as long as Venus Bank sells off all its property in Florida before the Miami hurricane hits and avoids losses, this is Café Jackson’s achievent.
The harsher the dia criticizes Café Jackson now, the greater their praise will be in the future!
But these kinds of things, Donnie cannot tell anyone.
Including Café Jackson, who benefits from this matter.
“Don’t mind them!” Donnie said decisively, “our investnt in Florida real estate is profitable now, if they ask you about this matter again, just say Venus Bank’s investnt strategy is ‘not earning the last di’!”
Café Jackson paused and pondered Donnie’s words: “Boss, your phrase ‘not earning the last di’ really aligns with investnt principles!”
Donnie laughed heartily and said, “If you like it, this phrase is yours from now on!”
Café Jackson nodded happily, Donnie doesn’t care about these empty titles, but now, for Café Jackson who is already well off, he still wants more of these empty titles!
“But boss, why are we raising so much cash all of a sudden?”
With Morgan and llon funds included, Venus Bank invested a total of 200 million US Dollars in the Florida real estate industry, out of which Venus Bank’s investnt reached 130 million US Dollars.
According to the current land price in Florida, the current value of this investnt has already reached 1.15 billion US Dollars, Venus Bank can take 747.5 million US Dollars from this 1.15 billion US Dollars.
After subtracting the Venus Bank loans from Morgan and llon, Venus Bank’s inco is over 600 million US Dollars!
Venus Bank just absorbed most of the cash previously earned in the European bond market, and now suddenly over 600 million US Dollars appear in the account, Café Jackson feels a happy headache!
Donnie smiled and said, “I naturally have use for it, but now is not the ti to talk about these matters, what does Morgan and llon think about this matter?”
“Naturally, they are unwilling!” Café Jackson said seriously, “they all think it’s unwise to exit the Florida real estate market now, at this mont the representatives from both banks are practically stationed at my office, refusing to exit!”
Donnie sighed and said, “We had agreed before, that in this business, they would listen to us, and now they all refuse!”
“Such enormous benefits, I think many people would be unwilling, especially the series of plans recently announced by the New Warburg Company, which further stimulate the Florida real estate market!”
After more than a year of operation, the New Warburg Company has beco the largest real estate company, real estate bank in Florida, seemingly the new generation of rulers in Florida!
At this ti, no one talks about the defeat of the Warburg Family in New York anymore, instead, they start praising Paul Warburg’s miraculous maneuvers, allowing the New Warburg Company to reach the wealth of the Kuhn, Loeb & Co. consortium!
When Venus Bank announced its intention to exit the Florida real estate market, the New Warburg Company imdiately announced a series of developnt plans to stabilize Florida’s land prices, and the New Warburg Bank under its wing also announced a reduction in loan interest rates and extended loan tenures for the Florida real estate industry.
In addition, they introduced many derivatives, such as the third mortgage of land.
Simply put, before this, the loan strategy for Florida real estate was, if soone took a fancy to a land plot but couldn’t get all the cash to buy it in a short ti, they could apply for a loan from New Warburg Bank, this was the most common type of loan, similar to housing loans.
But then, Florida’s real estate industry exploded in growth, prompting banks to introduce new policies.
That is, before the loan on this plot is repaid, the landowner can make a second loan on this plot to purchase more plots.
Now this policy has developed to a third loan!
A frenzied market always brings frenzied policies.
But it cannot be denied, the New Warburg Bank, with this policy, rapidly stood out in Florida’s real estate banking sector.
Reviews
All reviews (0)