泰禾黄老板压箱底的中国院子，要被债主处置了

Core Viewpoint - The article discusses the significant asset disposal of 51 units of Taihe's "Chinese Courtyard" by Oriental Asset Management, marking a historic high in the number of units being disposed of. This process differs from previous methods used by other creditors, as it is being conducted through the Tianjin Property Exchange rather than through public auction platforms like Alibaba [1][2]. Group 1: Asset Details - The 51 units of "Chinese Courtyard" range in size from 320 square meters to 1837 square meters, with 37 units being unfinished and 14 units being fully furnished, potentially including model homes [5]. - The estimated value of these 51 units is approximately 2.43 billion yuan, based on an estimated price of 80,000 yuan per square meter, with individual unit prices ranging from 25 million to 150 million yuan. Including garden areas, the total valuation could reach around 6.2 billion yuan [5]. - Among the 51 units, 29 are of European style and 22 are of Chinese style, with most European units having been sold between 2008 and 2012, while the Chinese units were sold earlier, around 2004 [5]. Group 2: Historical Context and Financial Implications - The "Chinese Courtyard" is a cornerstone asset for Taihe, representing a significant part of its brand and cultural identity, having been recognized multiple times as one of Asia's top luxury residences [4]. - Oriental Asset Management has a long-standing relationship with Taihe, having previously engaged in debt restructuring agreements and legal actions due to unpaid debts, which have now led to the current asset disposal [6]. - The article highlights a shift in perception regarding the "Chinese Courtyard," as it transitions from a symbol of cultural significance to a mere collateral asset in the eyes of creditors, reflecting a broader trend among distressed real estate companies [7].