Bought, Not Born — Episode 10

This place doesn't look like a hotel. It looks like a living room the rich bought for the son. Please try not to evaluate assets like that in front of the seller. Don't worry, I'll say it in a more expensive way.

This resort has a good location and stable cash flow. The problem is the seller is eager to offload it. People in a hurry to sell are either short on cash or hiding something. I'm surprised you occasionally say something useful.

Wonderful. I'll take that as a compliment, even though it sounds like an insult wearing a Ms. Sterling, welcome to Desert Crown Resort. We have prepared a complete asset I want to see real operations, not just the model units. Of course. Transparency is the quality we value most. And this is?

Jack, temporary passenger, part-time human question mark. Today we are discussing acquisition details. If Mr. Carter needs to rest, the lobby lounge has an excellent breakfast. Sounds like I've been assigned to the kids' table. Not every member of an entourage needs to participate in due diligence.

No problem. I like listening to things when people assume I don't understand. in. Occupancy rates have been stable for the past three years. The Wellness Center completed upgrade just last year. Spa, fitness, boxing classes, all the services high-end clients most. Fully renovated? Minor maintenance. At a large resort, this happens every day. Sure, it's

just your minor maintenance gear. Looks like it's about to negotiate with a flood. This is Wellness Center. It's also one of the resort's most profitable supporting facilities. personal training, corporate wellness packages, all can be integrated into the Sterling Hotel system. Pretty poses are useless. Your bones are just soft. Is that guy a trainer or the

alarm system? Another visitor wearing expensive clothes. Great, finally some entertainment. Even Even the dumbbells in this place look like they have trust funds.