Meridian Daily News

Cash is King, but Debt is Strategy: The New Billionaire Mortgage

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The air in the private wealth suite of a Tier-1 bank on New Bond Street is thick with the scent of expensive espresso and the quiet hum of filtered air.

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This is the reality of billionaire real estate financing in the mid-2020s.

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Historically, the trophy home was a vault.

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Suddenly, the cost of debt mattered again.

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We’ve seen this pattern before in high-end coastal markets.

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The biggest shift in the last eighteen months is the rise of the 'Lombard loan' in property acquisitions.

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