I'm A Baller - Chapter 329
Chapter 329: Trouble
The Phantom stopped at the parking lot of the Haiguang Building. As soon as the group got out of the car, a middle-aged man came up with a cell phone.
“Hello, excuse me, is this Chief Wang?”
Wang Yan took a step forward and stretched out his hand, “Hello, I’m Wang Yan.”
“Chief Wang, you’re really… promising at such a young age.”
The middle-aged man was stunned for a moment. After shaking hands with Young Master Wang, then only he remembered to introduce himself.
“Ah, I’m sorry. I’m Huang Guangliang, the person in charge of this auction by Shanghai’s first middle court. You can just call me Lao Huang.”
Forget about Lao Huang. If he really said it out loud, how insensible would he be?
Wang Yan directly praised the other party, “Hello, Director Huang. You’re even more promising.”
Huang Guangliang waved his hand humbly, “I don’t dare to accept it. I’m just a handyman.”
Shanghai’s Middle Court was a main hall-level unit. The 320 million auction money was not a small amount. Huang Guangliang, who was in charge of this matter, was definitely of a high rank.
The relationship between Young Master Wang and the other party was not purely a buyer and seller. It was not to the extent that they would be wary of each other as if they were enemies, but they could not be completely trusted either.
Up until now, there had not been a single case where the court had taken the initiative to scam the buyers on Ali platform.
The internet platform was facing the whole country. The impact of the problem was too great, and there was no personal interest involved, so the judiciary’s willingness to take the initiative to set a trap was not strong.
However, there were a lot of passive traps, and this kind of thing would not be transferred by personal will.
So, Young Master Wang did not talk to the other party about the office building. They chatted casually as they walked toward the building.
When they entered the lobby, there was another group of people waiting.
One of them was the property manager of the building, and the other was the lawyer of Wangting Yule.
When all the parties were present, then only they really began to talk about business.
The main thing was that the lawyer asked, the other party answered, and Wang Yan was only responsible for listening.
They confirmed item by item, and the situation gradually became clear.
The property rights of the two-story office building were clear. There was no mortgage or sale to a third party. After the payment, the property rights could be obtained about a month later.
The actual area of the two-story office building did not differ from the document’s description. Each floor was 3,700 square meters. There were six passenger ladders and a cargo elevator. The layout was very good.
The property side took out a transaction document from the previous year. The selling prices of the 26th, 27th, and 28th floors were 72,000 yuan per square meter in the year before the last.
This year’s Shanghai office market was actually a little shady. The transaction prices were basically the same as last year, but the number of transactions was relatively small.
Under such circumstances, the judicial side estimated the two-story building at 480 million yuan, with an average price of 65,000 yuan per square meter, which was relatively fair.
Taking it to the bank as collateral, the appraisal price should be about the same.
The actual auction price of the 18th and 19th floors was only 320 million yuan, with an average price of 43,200 yuan per square meter, which was a huge bargain.
Of course, if Wang Yan was not in a hurry to get it and waited for the auction to fail, the next auction price would definitely drop below 300 million yuan, or even 280 million yuan, or 260 million yuan, which was possible.
The assets seized by the court could be sold for a profit.
Otherwise, what would be used to compensate the creditors?
As for the person being executed, that company had already gone bankrupt. The boss was listed as a fugitive wanted criminal, so there was no trouble at all.
Therefore, the only trouble left now was…
“The 18th and 19th floors were rented out more than two years ago. Currently, there are about 20 companies of all sizes working on those two floors. We can’t help you with the matter of cleaning up the tenants.”
Huang Guangliang did not look down on Wang Yan just because he was young. He calmly explained the situation.
For such matters, even if he could fool Wang Yan, it was impossible for him to fool the lawyer. There was no need to lie.
Young Master Wang crossed his legs and sat quietly. He nodded at Huang Guangliang but still did not speak. He waited for the lawyer to negotiate.
“Manager Ge, how long was the lease period signed at that time?”
“As it was not a full lease, most of the contracts were 2 + 1. There were some 1 + 1, but the rent was paid once a year. We collected it on behalf of the owner and then transferred it to him.”
“So what’s the situation now? Has the rent for this year been paid?”
“No, Boss Liu had an accident in January. The tenants refused to pay this year’s rent because the owner’s bankruptcy rights holder was unknown.” Manager Ge shook his head.
“Okay, let me explain. Do you think it’s right? According to the contract, this year is the last year of the + 1 contract, but in fact, the tenants are already in arrears with the rent.
“It’s November now. Are there any tenants who paid the rent between November last year and January this year?”
“No.”
“Okay, that means that all the tenants are in arrears with the rent, right?”
“That’s right.”
“Okay, let’s be more specific. How many of them have fulfilled their contracts? How many are still in the contract period but in arrears?”
“Uh, there should only be three or four who have yet to complete their lease… I have to investigate the specific situation.”
The lawyer nodded and reported to Wang Yan in a low voice.
“Director Wang, legally speaking, as long as you bid for the assets, the moment you pay the money and the court issues the ruling, you will have the qualifications of an owner and can terminate the lease relationship with the previous tenant.
However, in terms of specific enforcement, it is very difficult for us to apply for the court’s compulsory measures. If the tenant refuses to move out, it will be very troublesome.
More than 20 tenants have refused to pay the rent for a year. I have every reason to suspect that there should be a consensus among the tenants and that the possibility of collective delay and denials is very high.
The risk is mainly from here. Other problems are not big. Please consider it carefully.”
“Thank you, I understand.”
Young Master Wang nodded. He stood up and invited Manager Ge, “I understand the situation. Can you please bring me to take a look?”
“No problem, no problem!”
Manager Ge bowed politely and invited everyone upstairs.
The group of people entered the elevator.
When they reached the 18th floor, under Manager Ge’s introduction, Wang Yan finally understood the layout of the two-story building.
Haiguang Building was 28 stories tall, with a frame-shear wall structure. The single-story space was very flexible, and the interior walls were basically hollow bricks. They didn’t bear any weight, only served as partitions.
The 18th floor was divided into about 20 spaces, with more than a dozen companies being stationed there.
Half of the 19th floor belonged to a foreign trade company, and the other half was still rent-free.
According to Manager Ge’s introduction, there were many areas on the 18th and 19th floors that were not rented out. However, as Wang Yan walked over, he found the rooms that were supposed to be empty were all occupied.
Manager Ge smiled embarrassedly and said, “Ever since Director Liu’s accident, our real estate is also in a difficult position…”
Wang Yan smiled meaningfully and said, “Haiguang real estate is quite easy to be bullied.”
He turned around and walked forward.
Manager Ge felt very uncomfortable with the remarks. He moved his lips but didn’t say anything. A trace of anxiety flashed in his eyes.
Wang Yunxi suddenly asked again, “Manager Ge, who paid the property fees?”
“Uh, it was our property and the owner who settled the account…”
“Then did the previous owner owe you the property fees?”
“Of course, the property fees this year were not settled…”
Wang Yunxi didn’t believe him. “You collected the rent on behalf of the owner and didn’t deduct the property fees directly?”
Manager Ge was sweating profusely from the questions. “Uh, it’s mainly because the rent this year wasn’t collected…”
During the conversation, Wang Yan had already walked around the corridor on the 19th floor.
The office building was really not bad. The most outstanding part of the frame-shear structure was the arbitrary division of space. Once the hollow brick walls were removed, they could be renovated whichever way they wanted.
The live broadcast room, makeup room, bathroom, fitness area, office area, studio, recording studio…
All needs could be met.
The 7,200-square-meter area could easily fit 1,000 employees.
Wangting Yule continued to expand. How many employees did they have?
Less than 250.
After taking this place, Wangting Yule did not need to consider the management of the site for at least one to two years. They just needed to keep their head down and charge forward.
…
The corridor was filled with people. The employees in all kinds of uniforms looked at Wang Yan and his group walking around and pointing at them with surprise in their eyes.
Especially Young Master Wang. He was dressed luxuriously and was so young, with two fairy-like girls following behind him. He was surrounded by a group of middle-aged men, and he gave off the aura of a top second-generation conducting street patrol.
“What does that young man do?”
“He wants to start a new company?”
“It doesn’t look like it. Why would he let old Ge follow him around when he wants to rent an office?”
“What kind of brains are you people? ! Look at the situation. It’s obvious. He’s a buyer here to view the building!”
“F*ck! It’s really a little like that!”
“Xiao Liu, go and call the boss. Hurry up!”
There were many experienced people in the workplace, and they quickly guessed the purpose of this group of people.
Suddenly, the eyes of many small bosses and managers changed.
Wang Yan took in all the commotion, but he pretended not to see it. He asked Manager Ge calmly, “Is it convenient to look at the rental documents from previous years?”
“Yes, yes, follow me.”
He went to the property office downstairs and opened the account book. The situation of the rent arrears was shocking.
The longest had been 14 months of unpaid rent, and the shortest had been half a year. Only two had paid two years of rent in advance, which would be due at the end of the year.
However, that had nothing to do with Wang Yan. The former owner, Liu, had fled, the company went bankrupt, and the main body of rent collection no longer existed. No one was taking charge, which was why those companies were so rampant.
The current situation was really very beneficial to Young Master Wang. It was originally a troublesome matter to clean up the tenants. The lease contract was protected by the law, but with the reason of rent arrears, it would be much easier.
Haiguang real estate should also cooperate.
Young Master Wang specifically confirmed with Manager Ge.
“If I bid for two floors of property rights, you will cooperate with our company to clean up the tenants, right?”
“Of course, of course.”
Manager Ge nodded repeatedly. “But there’s not much we can do. After all, it’s a dispute between the two of you…”
Huh?!
Did you mean that you did not intend to cooperate?!
So you didn’t care about anything other than collecting property fees?!
Wang Yan had not been satisfied with Manager Ge. At this moment, he finally couldn’t help but frown.
“Manager Ge, if it were our property, the current 18th and 19th floors would be clean and empty.”
“Aiya, such things in in Shanghai are very troublesome. I’m just an employee. I can’t afford to make trouble…”
Manager Ge rubbed his hands, his face was full of embarrassment, but he refused to give a positive promise.
Wang Yunxi couldn’t help asking, “If we stop auctioning, where will you collect the property fees for the two floors?”
Manager Ge continued to rub his hands. “We’re really in a difficult situation…”
Well, he couldn’t count on him at all.
Wang Yunxi suddenly realized that something was wrong and turned to look at Wang Yan.
Fu Yushi also suddenly raised her head and looked at Wang Yan, her lips moving slightly.
In the end, the young master didn’t show any expression at all. He got up directly and walked to the office door.
“Let’s go, Brother Xizi. The auction matter has been put on hold temporarily. The quality of Haiguang real estate is really worrying.”
“Ai, Chief Wang, you…”
Manager Ge hurriedly chased after him, but he only shouted from behind. He didn’t really want to stop him.
The group went downstairs. Wang Yan shook hands with Director Huang and said goodbye.
“Thank you for troubling you today. There are too many things in the company, and I can only stay in Shanghai for one day. Otherwise, I would treat Director Huang to a meal today. Please forgive me for any inconvenience caused.”
“That’s not necessary. It’s my duty. Chief Wang, you’ve really decided to give up this property?”
Wang Yan smiled bitterly and shook his head. “I had never thought that it would be so troublesome. Haiguang’s attitude is ambiguous. I really have to reconsider it.”
Director Huang shook his head and did not try to persuade him further. However, there was a hint of annoyance between his brows.
Wang Yan had been observing the other party the entire time. When he saw this, his heart relaxed.
When Director Huang got into the car and there were only his own people left, Wang Yunxi finally could not help but curse. “Xiao Yan, there’s something wrong with that property manager!”
“I know.” Young Master Wang nodded with a cold smile.
Judging from the situation of the property fee, Haiguang real estate’s inaction seemed very suspicious.
You guys weren’t qualified to collect the rent, so it shouldn’t be a problem to directly collect the property fee from each company, right?
Haiguang Building was located in the heart of Pudong, and it was also a first-class office building. The property fee was 25 yuan per square meter per month, and the annual income was more than two million yuan. Should they just leave it there?
Young Master Wang had specially told Manager Ge that the auction would be put on hold for the time being.
In the end, the other party was not anxious at all. Finally, Wang Yan confirmed that something was wrong.
Fu Yushi was too smart as a 19-year-old girl. She had long noticed that something was wrong. When she heard that, she immediately advised Gouzi, “Let’s change the auction target? Property + tenants are all troublesome.”
Nawu, on the other hand, was so stupid that she could not react until now.
“How is it troublesome? Isn’t Manager Ge willing to help us? !”
“That piece of Sh*t won’t help us at all!”
Wang Yunxi was extremely unhappy and directly cursed.
Wang Yan, on the other hand, was always so calm. He rubbed Nawu’s head and gave her a simple explanation.
“Haiguang real estate has its own plan. We can’t count on it.”
“Ah? ! What plans?!”
Nawu was getting more and more confused.
Young Master Wang could roughly guess it.
“When I was reading the documents just now, I paid special attention to the next property right. About half of the 28th floor of Haiguang Building is unsold. It’s Haiguang real estate’s own property right.
“I’m guessing that Haiguang real estate wants to reclaim the 18th and 19th floors, so they don’t want anyone to interfere.”
“Isn’t that an auction item? Why don’t they just spend money to bid directly?”
Fu Yishi took the initiative to respond to Nawu. “There isn’t enough fund, they think it’s too expensive, and they have other plans… there are many possibilities.”
“Yes.”
Young Master Wang nodded.
“I’ve studied the auction procedure. We are now in a second auction. If the auction fails again, the court will hold a third auction within 60 days, and the price will be 10-20% lower than it is now.
“If Haiguang has connections with the middle court and takes the largest reduction, the price of the two floors will drop by 64 million, and the total price will be 256 million. That would be a huge bargain.
“Haiguang is very likely planning to make a move at that time, but I unexpectedly appeared out of nowhere.
“I believe that they won’t be able to accept a price of 320 million. The cost of the building the two floors might not even be 50 million. Whether or not the first sale will sell for 300 million is also a problem.”
“My God… It’s so complicated…”
Nawu was a little stunned. Then, she cupped her hands on her chest and looked at Wang Yan with sparkling eyes.
“Wang Wang, you’re so smart!”
Wang Yunxi was also very impressed. He gave him a thumbs up. “Xiao Yan, you’re amazing! Then what should we do now? Let’s change to another auction item!”
Wang Yunxi didn’t want to waste time with Haiguang. His first reaction was to give up.
However, Wang Yan couldn’t give up.
“Why should we change?! The property rights are fine, and the price is cheap. We can’t find a better auction item in Shanghai.”
Even if we found it, we wouldn’t change it.
After all, the auction card had been used. If Haiguang was not taken, it would be a waste of 290 million.
“But… what if Haiguang snaps up the auction?”
“It won’t.”
Wang Yan shook his head confidently.
“As a real estate development company, it’s impossible for Haiguang to use 320 million to buy back its own real estate. With such a high price, it’s better to invest in other projects to develop new real estate.”
Wang Yunxi wasn’t clear about Wang Yan’s blood money nature, but he still had some concerns.
“What about the tenants? If the real estate doesn’t help, they might drag us down. If those tenants are determined to delay, it’ll be very troublesome…”
“Troublesome?”
Young Master Wang couldn’t help but laugh, his eyes flashing with a cold glint.
Nawu and Fu Yishi were eagerly waiting for Wang Yan’s next words, wanting to hear his plans.
In the end, Young Master Wang just smiled and got into the car without saying a word.
When necessary, it was fine to say something ruthless. The truly ruthless ones always spoke less and fought more.
Wang Yan was prepared to use the facts to make those people understand who the real trouble was!
