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!”

Cafe Jackson said worriedly, “If only a few people said that, I naturally wouldn’t care, but look, even the ‘Wall Street Journal’ has rated me as your most failed appointment! ”

Cafe 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 Cafe Jackson, and in the future, Donnie wanted to make Cafe Jackson a National Congress Member.

To become a National Congress Member, merely the resume of a vice president at the Venus Consortium is still somewhat lacking for Cafe Jackson, after all, Cafe Jackson became famous relatively late, so he needs achievements that shock the world.

And the real estate industry in Florida is the achievement Donnie has added for Cafe 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 Cafe Jackson’s achievement.

The harsher the media criticizes Cafe Jackson now, the greater their praise will be in the future!

But these kinds of things, Donnie cannot tell anyone.

Including Cafe Jackson, who benefits from this matter.

“Don’t mind them!” Donnie said decisively, “our investment in Florida real estate is profitable now, if they ask you about this matter again, just say Venus Bank’s investment strategy is ‘not earning the last dime’!”

Cafe Jackson paused and pondered Donnie’s words: “Boss, your phrase ‘not earning the last dime’ really aligns with investment principles!”

Donnie laughed heartily and said, “If you like it, this phrase is yours from now on!”

Cafe Jackson nodded happily, Donnie doesn’t care about these empty titles, but now, for Cafe 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 Mellon funds included, Venus Bank invested a total of 200 million US Dollars in the Florida real estate industry, out of which Venus Bank’s investment reached 130 million US Dollars.

According to the current land price in Florida, the current value of this investment 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 Mellon, Venus Bank’s income 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, Cafe Jackson feels a happy headache!

Donnie smiled and said, “I naturally have use for it, but now is not the time to talk about these matters, what does Morgan and Mellon think about this matter?”

“Naturally, they are unwilling!” Cafe Jackson said seriously, “they all think it’s unwise to exit the Florida real estate market now, at this moment 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 become the largest real estate company, real estate bank in Florida, seemingly the new generation of rulers in Florida!

At this time, 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 immediately announced a series of development 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 someone took a fancy to a land plot but couldn’t get all the cash to buy it in a short time, 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.