Above the doorway, which had its two panels of white cotton duck tied back, was a hand-carved sign with brightly painted letters that read JOLLY MON CABANA. Inside, the cabana held six chaise lounges topped with thick royal blue cushions, a low bamboo table, and four armchairs arranged around a table topped with a soaring birds-of-paradise floral centerpiece. Broad fan blades made of woven palms hung from the raised ceiling and undulated, adding to the cool ocean breeze.
Janelle Harper sat at the table across from Rapp Badde. Each had a tall, icy glass filled with locally crafted Governor’s Reserve dark rum, tonic water, and a lime wedge.
Sitting between them was Miguel Santos, a beefy Hispanic in his late twenties who had his big hand wrapped around a dripping wet bottle of Red Stripe beer that he had just pulled from a cooler of ice.
“Mike” Santos, the chief executive officer of OneWorld Private Equity Partners, had a chubby face with dark eyes and thick wavy black hair, combed back and reaching his collar. He wore a tight-fitting black T-shirt with faded blue jeans and, despite it being a tropical island, black pointed-toe Western boots, which now had a dusting of white sand.
“I’m glad you two could get away on such short notice,” Santos said. “In addition to executing the contracts here, this gives me a chance to share with you both a detailed tour of what we hope to do with the casinos.”
“We’re quite happy we could make it,” Jan said politely. “And thank you for sending the jet.”
“The view here is a helluva lot better than back home,” Badde said, flashing his toothy politician’s smile. “Do you have any idea how miserable the snow and cold have been in Philly?”
Santos chuckled.
“Yeah, Rapp, it’s already damn cold in Dallas, too,” he said, and turned to Harper. “Which is partly why my partner is unhappy he couldn’t make the trip. And Bobby was looking forward to meeting you, Jan. He speaks highly of your skill in reviewing the contracts.”
Janelle Harper had graduated from Temple University’s Beasley School of Law two years earlier.
“That’s very kind,” Jan said. “Thank you.”
“You’re welcome,” Santos said, and smiled warmly at her.
Badde’s eyes darted between the two as he tried to discern if there was something he was missing in their exchange.
Badde had met Santos, along with his partner, a lawyer by the name of Robert Garza, a month earlier in their offices in Uptown Dallas. OneWorld Private Equity Partners occupied the penthouse, on the twenty-fourth floor of its building. The partners had explained that they had arranged the financing for the entire complex, which was owned by the same clients who owned luxury resorts worldwide, including Queens Club, for which they had also arranged the financing.
Badde remembered them saying that China Global Investments owned Yellowrose, one of the foreign conglomerate’s four significant companies in the hospitality market.
“We packaged Yellowrose, then sold it to them, and continue to help them expand it,” Garza had told him.
Robert “Bobby” Garza, thirty years old, was a tall, light-brown-skinned man with a neatly trimmed goatee and a smoothly shaven scalp. In contrast to Santos’s jeans and boots, he wore crisp slacks and a white dress shirt. He was a Tejano-a Texan of criollo Spanish descent-his family having lived near San Antonio when the area was still Mexican territory and called Tejas.
Santos’s family, meanwhile, was from Colombia, and had cattle ranches there, as well as in Argentina and Brazil. His father had sent him to boarding school in San Antonio at age thirteen-where he and Garza first met-then he went on to graduate from the Ranch Management program-“with an MBA in Cow Shit,” he said-at Texas Christian University in Fort Worth.
“Rapp said you started out as a cattle rancher,” Jan Harper said to Santos. “How did you wind up. . well, here?”
“Jan, where one finds cattle, one also finds cow pies-”
He paused when she shook her head at the unfamiliar term.
“That’s cow shit, honey,” Badde put in, then in an attempt to illustrate, held his hands up about a foot apart. “When they go, it’s pretty wet, and it makes a big brown-”
“I get the picture, Rapp,” she interrupted.
“My apology, Jan,” Santos went on. “I shouldn’t have started with that. It’s just that I felt comfortable enough in your company to use my usual explanation.”
She smiled. “No apology necessary, Mr. Santos.”
“Please. As I said, it’s ‘Mike.’”
He smiled warmly again.
“Mike,” she said, and also smiled warmly.
Badde looked somewhat suspiciously between them again.
He thought: I made a point to call her “honey”-for his benefit as much as hers-and she about chewed off my head with that reply.
Santos went on: “What I meant to say was that I grew up working on the ranch, and didn’t want to spend the rest of my lifetime around the odor that seems to permeate everything.”
She nodded and smiled.
“But,” he continued, “a bigger reason was that after graduating TCU, I still was a Colombian national with a just-about-expired student visa. If I wanted to stay in the States-legally stay in the States, since many simply overstay their visas after they expire and risk deportation-I needed a Plan B. I had my MBA, and crews running the ranch, and decided venture capital looked appealing. When Bobby was in law school, he was learning the ins and outs of the United States Citizenship and Immigration Service’s visas.”
“The HB ones we talked about, right?” Badde said.
Santos, being careful not to directly correct him, said, “Right. The specialty occupation H-1Bs are for architects, doctors, engineers, fashion models. They’re good for three years, with a three-year renewal. H-2Bs are the seasonal jobs, like for migrant farm workers. And he was introduced to the EB-5 green card program that fast-tracks you to permanent resident status. He told me about it, and we decided to start OneWorld Private Equity Partners. One of the first things OneWorld did, as a test case you might say, was to get me my citizenship through the EB-5.”
“You mind me asking what you did to qualify for the program?” Badde said.
“Not at all. I thought we’d touched on that in Dallas,” Santos said. “I created the ranch on the Texas border. I had the two already, then bought three smaller ranches and combined them all to create Rio Grande Organic Farms. We grow citrus-grapefruit, oranges, lemons, limes-and run an average of two thousand head of cattle.”
“How did that qualify for the EB-5?” Badde said, then chuckled. “Correct me if I’m wrong, but you can’t count the cows, right?”
Santos smiled.
“You’re right. But any foreign national investing at least a million dollars in a U.S. business that creates and maintains at least ten jobs for existing Americans, plus ones for himself and his family members, gets a green card for himself, his wife, and his kids under twenty-one. Which is what we did.”
“You’re married, Mike? And have children?” Jan said.
Santos looked at her and shook his head.
“Still looking for the special someone,” he said.
“Mike, have you ever heard that marriage is like a deck of playing cards?” Badde said.
“Rappe. .?” Jan said, her tone warning.
“No, can’t say that I have heard that,” Santos said.
Badde grinned.
“Yeah,” he said, “in the beginning of a marriage you just need two hearts and a diamond. .”
“Ha,” Santos said.
“. . But in the end you want a club and a spade.”
Jan shook her head.
Santos chuckled.
“Duly noted,” he said.
He turned to Jan, then added, “With Rio Grande Organic Farms, I added more than fifty full-time positions. Not counting the seasonal jobs, which require the 2B visas for those who aren’t citizens.”