{"id":22329,"date":"2015-10-30T11:53:52","date_gmt":"2015-10-30T11:53:52","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=22329"},"modified":"2024-02-21T05:17:02","modified_gmt":"2024-02-21T10:17:02","slug":"how-the-one-percent-get-a-one-percent-interest-rate-art-loans-for-the-wealthy","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2015\/10\/how-the-one-percent-get-a-one-percent-interest-rate-art-loans-for-the-wealthy\/","title":{"rendered":"How the One Percent Get a One Percent Interest Rate &#8211; Art Loans for the Wealthy"},"content":{"rendered":"<p>It is amazing to watch the growth of this industry throughout my career in the art world &#8230; from almost nonexistent (most of the big firms wanted no part of it),\u00a0to one in which everybody wants a piece of the pie. \u00a0With billions at stake who can blame them.\u00a0\u00a0It is amazing how many calls we get during the year from small, medium and large firms offering their services to us and our clients. \u00a0This is just another example of how the upper end of the art market, for many, is most\u00a0about the money. \u00a0 For the full article by Miles Weiss and Katya Kazakina, click <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-10-20\/the-1-find-deal-from-banks-to-match-their-status-1-art-loans\">HERE<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 328px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-10-20\/the-1-find-deal-from-banks-to-match-their-status-1-art-loans\"><img decoding=\"async\" class=\"\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/10\/488x-12.jpg\" alt=\"488x-12\" width=\"318\" height=\"179\" \/><\/a><p class=\"wp-caption-text\">Steve Wynn<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>It is amazing to watch the growth of this industry throughout my career in the art world &#8230; from almost nonexistent (most of the big firms wanted no part of it),\u00a0to one in which everybody wants a piece of the &hellip; <a href=\"https:\/\/rehs.com\/eng\/2015\/10\/how-the-one-percent-get-a-one-percent-interest-rate-art-loans-for-the-wealthy\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[46,11,9],"class_list":["post-22329","post","type-post","status-publish","format-standard","hentry","category-rehs-galleries","category-rehs-contemporary","tag-investing-in-art","tag-rehs-contemporary-news","tag-rehs-galleries-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How the One Percent Get a One Percent Interest Rate - Art Loans for the Wealthy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2015\/10\/how-the-one-percent-get-a-one-percent-interest-rate-art-loans-for-the-wealthy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the One Percent Get a One Percent Interest Rate - Art Loans for the Wealthy\" \/>\n<meta property=\"og:description\" content=\"It is amazing to watch the growth of this industry throughout my career in the art world &#8230; from almost nonexistent (most of the big firms wanted no part of it),\u00a0to one in which everybody wants a piece of the &hellip; More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2015\/10\/how-the-one-percent-get-a-one-percent-interest-rate-art-loans-for-the-wealthy\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-30T11:53:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-21T10:17:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/10\/488x-12.jpg\" \/>\n<meta name=\"author\" content=\"Howard L. 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