He knew that Chen Mo sold 30% of the shares of River Valley Ranch and received US$200 million.
But Chen Mo had a bank loan of US$370 million before.
Now I want to buy Xiao Hulu Valley... Xiao Hulu Valley, the name given by Chen Mo, to be precise is 'Shang Hulu Valley'.
Panoch Valley and Idrija Valley, Panoch Valley is like the bottom of the gourd, with a larger area. Idrija Valley is like the top of the gourd, with a slightly smaller area.
The two valleys combined look like a gourd on the map.
Xiaohulu Valley had to pay US$100 million and take over US$70 million in bank debt.
The Great Calabash Valley must have a budget of at least US$45 million.
Chen Mo also wants to make charitable donations. A school from elementary school to junior high school will need at least several million US dollars. Then there are donations to support the construction of the town...
Now I am planning to buy an airplane and a yacht. How much money do I have?
But it’s great to work with a super rich boss.
Moxi chuckled: "Boss, are you really ready to buy a private jet?"
"If it's suitable, the price is not high...the economy will improve in a few years, and you won't lose too much if you sell it." Chen Mo's request was not a dream.
Under the financial crisis, luxury goods such as limited-edition supercars, second-hand business jets, luxury yachts, and super mansions that were previously sold have depreciated sharply. Especially private jets. The price of private jets is mainly affected by the relationship between supply and demand. When the economy is good, buying a private jet
There are more people flying. When the economy is not good, more people are selling their planes...
It will be much more convenient to travel if you have a private plane. For example, Chen Mo has long wanted to go back to Montana to visit his snow mountain ranch. Without a private plane, he needs to transfer, which is very troublesome. He has not been back to the snow mountain ranch for several years.
There is another reason why Chen Mo also wants to buy an island ranch for vacation and to cultivate pasture.
Chen Mo’s high-quality forage must find a more plausible origin.
Previously on the Big Island of Hawaii, after passing through the southern pastoral area, Chen Mo wanted to buy a ranch there. But compared to the ranch, Chen Mo wanted his own private island at that time... Tuliu.com also has private islands for sale, but those islands are
The area is relatively small. Apart from vacation, there is no other use for it, so it would be more suitable to buy a ranch on the island.
If you have a private jet and buy a seaside ranch in Hawaii, it is convenient to travel back and forth.
Thinking of this, Chen Mo turned on his computer and searched for Hawaiian farms and ranches. He easily found the information he wanted: "Come and take a look here. The Caddick Ranch at the southernmost tip of Hawaii covers an area of more than 700 acres and only costs 5 million US dollars."
"In the southernmost part of Hawaii, there are many ranches there. I have traveled there before." Moxi slid his stool over and smiled.
"I just came back from there a few days ago. Do you think it's possible to buy the entire Cape Plain..."
Moxi touched his forehead: "God, this cape has more than 20,000 acres. All...and there are parks in this area."
"I have money... There is a saying in the United States that even the president can be bought with money." Chen Mo clicked on Google Maps and measured the area. What Chen Mo was interested in was the green grassland, with a total area of 17,500 acres.
Chen Mo and Aili have been there. There are very few public lands. There are two dairy farms and several pastures, and they all seem to be white people's pastures.
The pastures of white people are not the pastures of Aboriginal people.
Native Hawaiians are Polynesians... Aboriginal ranches will have some family ranches. Ranch ownership relationships are complicated, and ranches are passed down from family. Unless a price is offered that is hard to refuse, people may not be willing to pay for some ancestral ranches.
Sold.
If it were all white people's pastures, it would be easy to negotiate.
"The residents on the island are not easy to deal with. Zuckerberg, for example, got into lawsuits... But it's pretty nice here. There aren't many other residents on the map. Have you been there before, do you think it's possible to buy it?"
Chen Mo shrugged: "I was just passing by and took a quick look. Look here, at the southernmost point. This used to be the Dawson Dairy Farm and went bankrupt. It is now a ghost town...a dozen buildings are covered with vines.
, has become a tourist spot. There are more than 4,000 acres of land there, and I don’t know whether it belongs to a bank or private individuals.”
"Just check it out..." Moxi clicked on Tuliu.com, Hawaii is as big as the southernmost tip of Dawson Ranch...
Chen Mo had been paying attention to that ranch for a long time. He had read in the newspaper that it went bankrupt due to low milk prices.
"It belongs to Wells Fargo. It was owned by Citibank a few years ago. It was auctioned publicly in 2017 and was bought by a Japanese...it was in the hands of Wells Fargo the year before last."
"Ness..."
Chen Mo then called Cohen: "Hi, Cohen."
"Hi, Mo...you must be looking for something good again."
"I want to buy a piece of land under your bank's name, located at the southernmost tip of Hawaii Island, 4,357 acres of land."
"Okay, let me check it for you. Wait a moment..." Cohen called his assistant. Chen Mo watched the computer for several minutes before Cohen said: "The number of the land is lh.9091xxxxx, covering an area of 4357 acres. Our bank only owns
Sixty-three percent ownership. You want 100 percent ownership?”
"certainly."
"Okay, let me ask you the price."
"Well... you log in to the computer and I will send you a photo."
"good……"
During an online video call with Cohen, Chen Mo sent a photo of a large triangular piece of green grassland in the southernmost part of Hawaii Island circled on Google Maps: "If I plan to buy this entire piece of land, how much will it cost?"
money."
"17,500 acres?"
"Um."
Cohen pondered for a moment: "Does the local government in Hawaii intend to sell the surrounding land..."
"uncertain."
"As far as I know, most of the land here is privately owned..."
"There is not much private land in that area." Cohen interrupted Chen Mo: "There is a common phenomenon in Hawaii, that is, there are some privately owned small pieces of land on a larger piece of land. Over time,
The ownership of these small plots of land has become blurred. That is, the land without an owner belongs to whoever occupies it. As far as I know, a lot of land on the Big Island of Hawaii does not have title deeds..."
For example, Lanai Island in Hawaii is nominally a private island. In fact, there are many residents on the island, and there is also a city. On private islands, land ownership is a bit vague...
Chen Mo smiled: "I want to buy this piece of land, completely private. And, it is best to own a part of the private sea area, which can be used for mariculture and fishery fishing."
Cohen was a little confused: "You need a real estate brokerage team. If you are sure that you need to buy the entire cape, our bank can negotiate and purchase it for you. But I don't know, what price will you receive?"
Chen Mo touched his chin...
There is now less than $430 million in his bank account.
Valley Ranch needs money, and at least 200 million US dollars should be left. Maybe it won’t use that much. Because there is still money in Valley Ranch’s account...
If you buy a ranch in Hawaii, you must definitely buy a private jet. Reserve 50 million?
After thinking about it, Chen Mo quoted: "150 million."
The Big Island of Hawaii is not Kauai (Kauai) or Honolulu (Oahu). The ranch land here is not that expensive. Plus it is during the financial crisis... 150 million, but it may... not be enough...
Cohen thought for a long time and shook his head.
Last year, the 4,357 acres of land in lh.9091xxxxx had been listed for sale on the land trading website, with a price tag of 120 million US dollars. It has never been sold... The price is 120 million, and only anyone knows how much room there is for price reduction.
Chen Mo wants to spend 150 million to get the entire Cape, which is impossible. At least it will cost more than 200 million... and the private sea area he wants may also be a bit troublesome.
"In this way, our bank will first send a business group to understand the situation there. If we are sure that we can win the entire cape for you, we will then make an offer to you. If we can't win it, forget it..."
“How much does a business tour cost?”
"If it fails, 300,000. If we can capture the entire cape, the price will be calculated separately." Cohen said with a smile.
"Okay. I'll come to San Francisco tomorrow morning and prepare your manpower as soon as possible."
"Sign the contract tomorrow, and I'll send people out tomorrow..." This is the characteristic of Wells Fargo. It is customer-centered and does its best to meet customer needs. This is true for all banks in the United States, but only for large customers who can pay enough fees.
Big customers, after all, banks want to make money...