Masterworks 187, LLC MWHTS
Rating
Rating Factors
Company Overview
Masterworks 187, LLC (MWHTS) is a special purpose investment vehicle affiliated with the Masterworks platform, a company focused on securitizing and fractionalizing investments in fine art. The entity was formed to facilitate investor ownership interests tied to a specific artwork asset, consistent with the broader Masterworks business model of acquiring blue-chip contemporary art and offering regulated securities tied to those works. The company operates within the alternative asset management and art investment industries, targeting accredited and retail investors seeking exposure to fine art as an asset class.
The broader Masterworks platform generates revenue through artwork acquisition fees, management fees, administrative fees, and potential profit participation upon the eventual sale of artwork assets. Public filings indicate that individual Masterworks issuers, including entities such as Masterworks 187, LLC, are generally organized as bankruptcy-remote entities designed to hold a single artwork investment. The company’s strategic positioning is based on expanding access to art investments that historically were limited to institutional buyers and ultra-high-net-worth collectors. Data regarding the specific artwork held by Masterworks 187, LLC is limited in publicly accessible summaries, and certain operational details are inconclusive based on available public sources.
Income Statement
Balance Sheet
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Filings
Price History
- Low
- $4.50
- Current
- $6.40
- High
- $6.40
Dividends and Shares
Corporate Info
57th Floor
New York, NY 10007