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Artelligence Podcast: Peter Loughrey, Los Angeles Modern Auctions, September 17, 2014; William Haines’ custom designs from 1960 to be auctioned, Los Angeles Times, May 17, 2014; L.A. Auctioneer Peter Loughrey on Mixing Art and Design, Artspace, January 7, 2014; L.A. Modern Auctions: Record haul for 2011 design sale, Los Angeles Times, 2011
The newspaper attempted to calculate the value of the many artworks at issue in the case by determining a per-square-inch price based on each piece's value divided by its dimension, to end up with a per-square-inch price to apply to the amount of wall space the businesslike litigant wanted to cover with the available art. [18]
Market value or OMV (open market valuation) is the price at which an asset would trade in a competitive auction setting.Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and differ in some circumstances.
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Christie's International Real Estate is an international network of independently owned luxury real estate firms with more than 400 offices and approximately 10,000 real estate agents in nearly 50 countries and territories around the world. The brand is separately owned but strategically partnered with Christie’s, the fine art auction house.
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
Vintage Real Estate (VRE) is a private investment firm founded by Fred Sands and is headquartered in Los Angeles, California. [ 1 ] [ 2 ] The company typically buys underperforming shopping centers and renovates them.
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