Barker’s Post

💡 How luxury asset owners can get creative in a down market. Selling high-value art has been tricky the past 12 months, so it's no surprise people are taking a different approach—Bloomberg confirms that instead of selling, people are borrowing against their art collections instead! 🖼 💸 When a high-value asset market cools and liquidity tightens, savvy individuals sit on the sidelines while STILL unlocking capital from the collateral, all without parting ways with their prized possessions.    Luxury asset-backed loans are booming, and private banks and lenders are more than happy to help. Unlike stocks, art and other collectible assets tend to hold value over time. Deloitte estimates outstanding loans against art alone could surpass $36B in 2024! Just because its not a sellers market, doesn't mean there isn't money to be had. To borrow from our spirit animal - Jeff Goldblum - "Life (money) finds a way". #ArtFinance #AssetBasedLending #WealthManagement #CreativeFinancing

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