loganspace.com
[NEWS #Alert] Borrowing against art is growing at a stunning rate! - #Loganspace AI
FEW ART collectors are as liquid as Patrick Drahi, a French telecoms magnate, who purchased Sotheby’s, an auction house, for $3.7bn in cash last month. Selling art can take months, even years. The only way to unlock its value quickly is to borrow against it. And indeed the number of owners doing so is rising.…
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