American Entertainment: Taylor Swift wrote a song for the beginning
Chapter 246: Carlyle Capital, a ray of hope
Chapter 246: Carlyle Capital, a ray of hope
"Okay." When Ivanka heard that Ryan couldn't accompany her, she suddenly felt a little empty in her heart, but the next second, she put this thought behind her.
"Actually, there's nothing to do here right now. You can go back now." Ivanka continued. She had learned Ryan's rhetoric from before, so she didn't need to bother Ryan to stay here any longer.
"I have an appointment with someone here today." Ryan kept it a secret.
Iwanka thought they were franchisees, nodded, made some simple adjustments, and prepared to welcome the first batch of franchisees today.
"We fully understand your concerns, but we have indeed reduced the investment to the minimum." Ivanka introduced the business to the franchisees with ease in the conference room.
"Rent, decoration, equipment purchase, and the supply of liquor and beverages, the investment is not small when you calculate it all..." the other party sighed.
"In fact, compared with other entertainment venues, the initial investment of the Spirit Club is not that high. It doesn't matter, you can go back and think about it again." Ivanka nodded. Relying on her pretty face and the rhetoric she learned from Ryan, Ivanka now seems to be able to deal with these franchisees with ease.
"Sorry, I have to go out for a while." Ivanka winked at his men, then stood up with a ceramic cup of water and prepared to make coffee.
In fact, she didn't need to do such small things at all, but Ivanka was particularly diligent in coming out today. When passing by the large conference room, Ivanka couldn't help but look inside. She saw Ryan sitting at the conference table, facing several young women with exquisite makeup and bright lipstick. These women were all dressed in suits and looked very graceful.
Who is this? Ivanka thought to herself.
After a while, Ivanka was called into the conference room by Ryan.
"Let me introduce you. These people are account managers of United Bank. We called them here today because we are considering business cooperation between the operating company and United Bank." Ryan introduced.
"I am now the head of operations for the company." Ivanka introduced herself and then sat on the other side of Ryan.
After a brief greeting, the female manager of United Bank began to introduce the relevant business, which turned out to be a special loan for franchisees. Simply put, a fast track will be set up within United Bank to provide mortgage loans for franchisees of Spirit Club.
There is no doubt that this will further lower the threshold for franchising and further accelerate the pace of expansion.
"You have cooperated with Ryan before, right?" Ivanka took the opportunity to inquire, and while speaking, he looked at Ryan meaningfully.
She had heard before that banks would assign dedicated account managers to important customers, and these account managers would try their best to meet all requests, including some dirty requests.
Isn’t this a living example right before our eyes?
"Yes. We have maintained a long-term cooperation with Ryan and provide Ryan with all-round support. For example, this time, in addition to the Spirit Club, there is also..." the female account manager said immediately.
"Ahem." Ryan cleared his throat.
"This time, yes, it's this cooperation." The female account manager immediately stepped on the brakes.
"Ivanka, today we just asked you to come here and get to know them. You will be working with each other in the future. This has nothing to do with you. You can go out first." Ryan reminded.
Ivanka stood up without saying a word.
What's going on? So secretive? Is there something I can't listen to? Ivanka kept complaining in her mind.
You don't want to tell me, and I'm too lazy to listen. She walked out of the office directly.
Seeing Ivanka walk out of the meeting room, Ryan restrained his expression and asked:
“Are you sure that Kushner Group’s loans will stop being issued?”
"Although there is no confirmed news yet, according to previous practice, this loan will definitely be terminated." The account manager replied.
Ryan nodded: "If I mortgage my entire fortune, how much money can I get?"
"Including the copyright of the songs, the pledged record company's equity, and the equity of the three Bad Rooms, we can provide more than 7000 million US dollars in funds."
This time, the Kushner Group's project in Miami is obviously going to come to a standstill, and Jared will definitely be looking for money all over the world by then.
In exchange, Ryan will get part of the shares of Kushner Group, or part of the ownership of Kushner Building. After the project is completed, Kushner Group will naturally pay back the money with the profits. Even if it can't pay it back, it can still fill the hole by selling part of the ownership of Kushner Building. The only difference is how much profit it makes.
This is not called taking advantage of the fire, this is called providing timely assistance.
Half an hour later, Ryan and several account managers left the operations company.
·
"Is it confirmed? I understand." Jared Kushner put down his phone and saw hundreds of construction workers busy at work.
Jared began to pace back and forth here, as if he was discussing countermeasures, or as if he was making some decision.
After a while, he picked up the phone again: “Noila, I want to see your superior.”
·
[The Carlyle Group announced this morning that it will invest in the Kushner Group and purchase 666% of the property ownership of the Kushner Group's headquarters building at 50 Fifth Avenue in New York. The specific transaction amount has not been disclosed]
Ryan looked at the trade news on the financial news network and immediately realized that this was a choice Jared was forced to make.
Could it be that Jared got in touch with Carlyle Capital because of this Miami project?
Ryan's plan to provide timely assistance has completely failed, but Ryan certainly cannot take 50% of the ownership of the Kushner Group Building. Compared with the real big fish, Ryan is still a small fry.
Last night's ACM Awards ceremony was held as scheduled. Although Taylor recently contacted many people in the academy to gain their support, she still lost to Carrie Underwood in the competition for Best Female Country Singer of the Year. The title of Artist of the Year was also taken away by Carrie Underwood. However, Taylor's "Fearless" won the Album of the Year Award, which is the biggest award besides Artist of the Year, so it's not like she won nothing. She also performed "You're Not Sorry" on the spot.
Ryan sent his blessings as soon as possible. Taylor said that after returning this time, he would have a good talk with Ryan about the internal affairs of the Country Music Academy.
Ryan then called Nora, and the other party did not hide anything and told Ryan some inside information. This time Carlyle Capital made a lot of money, and the superiors were very satisfied with Nora.
"Then I have to congratulate you. Maybe you will come to the headquarters to work soon." Ryan said.
"The focus of the group shifted after the financial crisis. Previously, the headquarters was more inclined to invest in military-industrial enterprises. With the outbreak of the financial crisis, the group began to develop into the industrial field. The cooperation with Kushner Group is just the beginning." Nora said on the other end of the phone.
The Carlyle Group first got its start by reselling Alaska's tax breaks. At that time, Alaska's Native American businesses that suffered losses to a certain extent could obtain a $1000 million tax break. Marriott Group's M&A manager Stephen Norris started a business and teamed up with David Rubenstein, Carter's domestic policy adviser during his term, to resell more than $10 billion in tax breaks in a very short period of time, earning more than tens of millions of dollars.
At that time, the two frequently visited the glamorous Carlyle Hotel in Manhattan, which is the origin of the name of the Carlyle Group.
After that, Carlyle Capital has always invested in military-industrial enterprises. At the moment of 911/, Bin Laden's brothers were attending an investment conference in New York. This investment conference was planned by the Carlyle Group. The main guests attending the meeting included the former president, who was also the father of the current president at that time.
The chairman of the Carlyle Group at that time was Frank Carlucci, the former US Secretary of Defense. At that time, the Carlyle Group already had a series of related weapons and equipment companies such as United Defense, Synthetic Structures, and Vought Aircraft Company. The products that manufactured and supplied parts included the M2 infantry fighting vehicle, Apache attack helicopter, C17 transport aircraft, and B-2 stealth bomber. With the resignation of his son, the President, Carlyle turned to global industry. The sale of McDonald's in China was participated by Carlyle Capital. In addition, Carlyle Capital has participated in projects including Pacific Insurance, Seven Days Group, Ganji.com, Xtep International, a certain East Logistics, Uni-President Lubricants, and even the parent company of a certain paid reading platform.
·
"The people from Kushner Group have withdrawn again. I heard that Jared and my father had some misunderstandings. I don't know the details." Ivanka met Ryan again in the fitness club the next day and started talking as soon as they met.
"Didn't your dad almost treat Jared as his son-in-law? How come they are having a falling out again?" Ryan pretended to be clueless, but he actually knew everything.
Jared has sold all of his core assets, and now the blame is on Old Tang, so naturally he has to withdraw his men.
"My dad didn't say much about the specific situation, he just said he would contact you." Ivanka shrugged. She and her dad were having a quarrel.
With Jared's withdrawal, Old Tang is probably in a state of panic.
That night, when Ivanka and Ryan left together, Ivanka received another call from her father.
"I was at the fitness club just now and I didn't have my cell phone with me... Ryan? He's fine, why are you concerned about him again?" Ivanka looked at Ryan beside her.
"You should contact him directly." Ivanka said nothing and Ryan sat next to her.
The next second, he saw Ryan reaching out his hand to him, motioning for him to give him the phone.
Ivanka quickly shook her head, but Ryan took the phone directly.
"Old Tang, are you looking for me?" Ryan said directly into the phone.
"You are with Ivanka? What time is it?" Old Tang's tone immediately became anxious.
"Eleven o'clock, any problem?" Ryan smiled.
"The property management is having some troubles right now. You have to give me some time."
"Now your daughter has to receive a lot of franchisees every day, and I can't give you time." Ryan.
"Something unexpected happened. I didn't want this to happen." Old Tang seemed quite helpless on the other end of the phone.
"Tell me more specifically."
There was silence on the other end of the line.
"Old Tang, putting aside the matter of your daughter... I am the only one who can help you now." Ryan said in a deep voice.
"Well, to put it simply, I have two companies. One company owns a large amount of real estate, such as the old Tang Building in Manhattan, New York. The other company, called Entertainment Resorts, is nominally responsible for the property of the Spirit Club. You want the Spirit Club to operate smoothly. You know that several banks are contacting me, but they are just short of some procedures. You can either wait or lend me some temporarily. It will only take me a few months, and I will give it to you when the time comes." Old Tang simply spoke out.
"If there is a problem with the property supply, then I can only change the supplier." Ryan would of course not agree. Old Tang is still bluffing.
“We signed a contract before!”
"You were the one who breached the contract first."
"I won't interfere in your affairs with my daughter anymore, is that okay?" Old Tang didn't agree, he just knew that he was dying.
"I don't understand what you're talking about." Ryan showed confusion.
"Then what do you want?"
"I don't want anything. I just want you to supply the property on time, otherwise I will change someone."
“Well, the Donald Group can open its arms to you!”
Of the two companies owned by Donald, Donald Entertainment Resorts Group only has a few casinos located at a pier in Atlantic City, while Donald Group itself has many high-quality assets, including 725 Fifth Avenue, 845 United Nations Plaza, 40 Wall Street, a winery, 11 golf clubs, Mar-a-Lago Club, Seven Springs Manor, and several luxury homes in Beverly Hills. All of these are directly held by Donald Group, and the group also underwrites and manages multiple office buildings and apartments.
This is the trump card in Old Tang’s hand and also his core interest.
"Why don't you look for other big conglomerates?" Ryan asked.
"Do you think I can't find it? I told you to stay independent." Old Tang talked about his creed.
Compared with large private equity firms like Carlyle Capital, Ryan appears to be quite kind.
“You can’t borrow money for these high-quality assets?”
"Now is not a good time. Asset prices are pushed down very low. Besides, I have already borrowed a lot before, so there is really no room for further financing. Unless you are willing to guarantee it for me."
"If you can't pay me back by then, you have to transfer the building at 725 Fifth Avenue to me for free. Can you do that?"
"That's impossible. The building has been mortgaged many times. I can mortgage the Mar-a-Lago Club, Seven Springs, and six golf courses to you, including the ownership of Miss Universe. The prices of these assets will go up again in a year or two." Old Tang said.
Ryan did the math in his mind and decided that this deal was a good deal.
"But that's if you don't pay me back. If I need to sell it again, how will I calculate the wasted time and the loss in the rush to sell it?"
"I can give you six months' rental income from 725 Fifth Avenue, but you have to pay it back after six months."
"They also need to transfer the ownership of Miss Universe directly to me, so that the nationwide auditions can be held at the Spirit Club, which is quite attractive to franchisees." Ryan thought about it.
"You can only choose one of the two. Miss Universe is valued at hundreds of millions."
"It's useless if no one buys it, no matter how high the valuation is. Now is the era of mobile Internet, who still goes to watch beauty pageants?" Ryan sneered.
Beauty pageants belong to the age of television, which is pretty tasteless these days.
"Okay." Old Tang took a deep breath and said, "Give the phone to Ivanka."
(End of this chapter)
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