Login via

Too Late to Hold Me Back novel Chapter 296

“They couldn't afford to halt construction on their active sites; missing the deadlines would result in even more devastating penalties. So, they scrambled for funds, trying to secure mortgages, but Lawrence Lance blocked them at every turn.

When I approached the Quinn family with an offer to buy the building, they jumped at the chance.

They were willing to slash the asking price, but on one non-negotiable condition: the payment had to be made upfront, fully in cash. No installments.”

Mira smiled. “This just proves why having massive liquidity is the ultimate advantage.”

The acquisition had set Mira back a cool billion dollars.

It was four hundred million more than what she had paid for the property she bought from the Rivers family back home, but real estate in Aethelgard was naturally at a premium. Besides, this building was significantly taller and more expansive, making it worth every penny.

“But this move ties up a massive chunk of your working capital,” Owen pointed out.

“It’s going to make funding our next ventures incredibly tight.”

“That's fine. Real estate is just another form of wealth management. Trust me, in the near future, property values are going to skyrocket. This building’s worth will double before we know it.”

In truth, it would do far more than double, though it would take a few years.

Furthermore, owning a commercial high-rise was a goldmine in itself.

Even when utilized by their own subsidiaries, each branch still had to allocate a budget for rent—and that rent funneled directly into Mira’s personal accounts.

Plus, they had the luxury of reserving the premium floors for themselves, without ever worrying about a landlord kicking them out.

“I trust you,” Felix said.

“I trust you too,” Harvey added.

“So, whenever you guys have spare cash lying around, invest in real estate.”

As they chatted, the convoy pulled into the plaza's expansive parking lot.

Verify captcha to read the content.VERIFYCAPTCHA_LABEL

Reading History

No history.

Comments

The readers' comments on the novel: Too Late to Hold Me Back