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Some wealthy people are looking at using their art assets as collateral to obtain hard cash amid the coronavirus pandemic, Business Insider has found, based on interviews with multiple sources in ...
In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Last week, he sold it for $6.6 million.
Earlier this spring, the New Hampshire Business Committee for the Arts announced that its executive director, Tricia Soule, would be stepping down for a new opportunity in Taos, New Mexico.
Artnet clients quickly access capital without selling fine art or other luxury assets by using them as loan collateral held by Luxury Asset Capital.
WhiteHawk to acquire Haynesville Shale mineral and royalty assets covering 375,000 gross unit acres Mineral and royalty assets operated by basin’s top operators, including Southwestern Energy ...
Clip: Oversight of Troubled Asset Relief ProgramSeptember 10, 2009 | Clip Of Oversight of Troubled Asset Relief Program This clip, title, and description were not created by C-SPAN.
Representative Darrell Issa (R-CA) talked about civil asset forfeiture laws, which allow police to seize property if they believe the assets in question are somehow connected to criminal activity.
The bank has ‘quite an active pipeline’ of loans based on such collateral owned by ultra-high-net-worth individuals, who are often asset-rich but liquidity-constrained, private banker says.
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