Commercial Real Estate and Artwork

In the world of Commercial Real Estate, there are firms that will manage your art for you. You agree to a contract and they provide fine art that is managed/rotated and kept looking nice.

Art in Lobby

This is an interesting article that talks about art and commercial real estate.

For some the idea of buying or developing property and collecting fine art go hand in hand. A good example of that is Steve Wynn, see here with his Picasso original that was purchased over the phone at auction by an “anonymous buyer”.

Steve Wynn Picasso

Commercial property. The term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital gain or rental income.

Buying distressed properties and waiting until the right time and then selling for huge profits is something happeneing more and more now as the burned out low end properties have matured and are being sold for big gains.

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