Every week, Artnet News brings you The Gray Market. The column decodes important stories from the previous week—and offers unparalleled insight into the inner workings of the art industry in the ...
Art loans are typically used by the wealthy to provide ready cash, leverage financial investments and avoid hefty tax bills.
A wealthy client at Bank of America put up his fine-art collection so he could borrow enough to buy a sports franchise. Another posted his cache of 19th century American landscapes to renovate his ...
A gallery that wants to capitalize on its inventory. A private dealer who needs an advance on consignment before an artwork is sold. A collector who wants to leverage their art to buy more. The ...
Why rush to sell in a cooling market when you can borrow against your art and wait for prices to rebound? Welcome to the new age of art finance. Fatih Aktas/Anadolu via Getty Images As we enter 2025, ...
The fine art market is not only a space for collectors but also an evolving financial landscape where passion intersects with sophisticated investment strategies. J.P. Morgan Private Bank notes an ...
NEW YORK--(BUSINESS WIRE)--Emigrant Bank Fine Art Finance (EBFAF), a leading provider of innovative art finance solutions, today announced that Suzanne Gyorgy has joined the firm as a Partner. For the ...
The financing business of global art and luxury firm Sotheby’s has announced a first-of-its-kind securitization backed by art-secured loans. Sotheby’s Financial Services helps owners of fine art, cars ...
Already Wall Street's biggest art lender, Bank of America wants to be the art world's favorite bank. To cater to clients selling their masterpieces, BofA negotiates better deals with auction houses.
A vibrant college town with a strong local art scene, Denton can do more to support its struggling artist community. Roughly 60% of art major graduates are underemployed or working below their ...
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