nile niami website

The Making of the Most Expensive Mansion in History. Mr. Saghian declined to comment on that accusation. He believed high end home owners would be less susceptible to financial crashes and less reliant on bank approvals, and therefore less risky for a developer. [2] It was billed as the most expensive private residence in the United States,[10] and at 105,000 square feet, is one of the country's largest private homes. Lets look at some of his lessons. Opus was listed for $100 million and included in the sale price are two gold cars, a Lamborghini and a Rolls-Royce. He produced over a dozen of films, includingThe Galaxies(1995),The Patriot(1998), andThe Watcher(2000). Mr. McClean said Mr. Niami had a knack for equipping his homes with flourishes that appealed to wealthy buyers: a monogrammed towel here, a spritz of perfume there. Sadly, he had to lose his mother in a home assault in 2001. The home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. Nile Niami has a personal net worth of US$ 50 million as of 2022. The divorced couple has two sons, Bryce and Brent. In April 2021, Chinese businessman Louis Hsieh bought Niamis Carcassonne Road 28,000-square-foot mansion for $36 million. The home boasts 19 bedrooms, 37 bathrooms, a 10,000 bottle wine cellar, nightclub,. He is best known today for constructing lavish homes in Los Angeles that can cost up to US$ 100 million. Nile Niami is well-known as a professional realtor. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-leader-1','ezslot_10',149,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-leader-1-0'); They have two sons, Bryce Niami and Brent Niami. Nile Niami was conceived in Los Angeles, California, on February 25, 1968. Around that time, he began buying small homes in the San Fernando Valley as a side business, fixing them up and flipping them, he told The Wall Street Journal in 2018. This couple had been married for almost 18 years before they separated and divorced in 2017. Leave your comments down below! WHAT WE DID: Secured global press opportunities of the property during the construction over 3 years ago until its recent completion when the price was $500 . The receivership marks a stunning reversal for "The One". In 1998, Niamis produced the movies Point Black, The Patriot, and The Survivor. After a year, Nile produced Justice, a TV movie that combines horror and a crime thriller. 2 years later, he tried to sell this home for US$19.9 million. Thanks for visiting Us. Today, he is most known for building extravagant residences in Los Angeles that may cost $100 million or more. He brought up the expanding market for spec properties priced between $10 and $15 million to Niami. Mr. Niami disputed that characterization through his spokespeople: I can honestly tell you I gave it 200% effort., Delivers the most important property news around the world to your inbox each weekday, COPYRIGHT 2023 MANSION GLOBAL. This perception was bolstered by Mr. Niamis active social-media presence. He has turned many neglected estates intomegamansionsin Los Angeles. The film was directed by Matt Early Beesley. A judge approved the sale a few weeks later. Loving our content? The only thing we know is that he was schooled by a remarkable instructor who also happened to be his mother. Who is Nile Niami married to? Mr. Niami responded by putting the property into bankruptcy, which paused the foreclosure and gave him more time to find a buyer. But Mr. Niami soon found himself facing more competition amid a glut of spec homes. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'biographyhost_com-box-3','ezslot_0',113,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-box-3-0'); Nile Niami is an American real estate developer best known for developing his infamous megamansion known as The One.. The next year, Niami produced the horror crime filmResurrectionand the crime-thriller TV movieJustice. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-box-4','ezslot_6',146,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-box-4-0'); Later, entrepreneurs Winklevoss twins Cameron and Tyler bought Niamis one of the contemporary view houses for $18 million in 2012. A multiday online auction was scheduled for March of 2022. Ahem. She worked as a special education teacher during the day and owned a bar at night in Burbank. Last year, the property was placed in receivership and ultimately declared bankrupt. The guy was Nile Niami, then an up-and-coming developer in his early 40s with ambitious plans in the L.A. spec-home space. With an original list price of $340 million, it was set to be the most expensive personal home in the country. Nile Niami's mega mansion in Bel Air California sold for a record setting $141 million dollars earlier this year, but the story isn't over yet. His app, Wolfpack, is no longer available. More info can be found here. Later, he became a real estate developer. It broke the previous record that was set in 2021 when The Hearst Estate in Beverly Hills sold at auction for US$63.1 million. In 2001, she was tragically killed during a home invasion. He began his career as a film producer before moving into real estate development. Show details Hide details . There are several kitchens. Frequent headlines about the house were also a deterrent to buyers, agents said. Today he is best-known for developing extremely lavish mansions in Los Angeles that can cost $100 million and above. According to real estate experts, the buyer could be another developer who intends to improve and remodel the property, obtain the necessary permissions, and then resell it. He racked up big-ticket deals, include the 2014 sale of a Holmby Hills mansion with an underwater tunnel to P. Diddy for $39 million; the rappers spokesperson didnt respond to a request for comment. A planned foreclosure sale was temporarily halted as a result of the action. Another obstacle was that Mr. Niami hadnt obtained a certificate of occupancy, so the house couldnt be legally lived in. Concerned about the low price, she dialed the propertys trustee from the passenger seat and begged him to stop the auction. Nile Niami (born February 25, 1968) is an Iraqi American former film producer turned real estate developer, who has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills. It was 2011, and she was waiting for a potential buyer. And while the Williamses said they had been working for several years to find a buyer, the house had never officially been on the market. DISCLAIMER: The currency conversion is provided for illustration purposes only. There was no reserve price on the property, meaning it would sell to the highest bidder, no matter what the price. Ontwikkeld door voormalig filmproducent Nile Niami en architect Paul McClean, beschikt het Opus-landgoed over zeven slaapkamers, 11 badkamers en een overweldigende eigentijdse sfeer die 20.500 vierkante meter aan luxueuze leefruimte beslaat. In the ensuing years, he created the horror-thriller video DNA. [3], As a real estate developer in Los Angeles, Niami built a mansion in Holmby Hills which he sold to a Saudi buyer for US$44 million. Advertising Disclosure: This post may contain affiliate links from our partners, which means that we may receive a small commission if you sign up via these links. And one more thing.. Get WhatsApp Aero APK Anti-Ban (Official Latest): Everyone Wants to Know This! Theres also a three-bedroom guesthouse and a seven-bedroom staff quarters with panoramic views of the ocean, city skyline, and San Gabriel Mountains. Michal Czerwonka for The Wall Street Journal, Jeff Bezoss Parents Buy Miami Megamansion for $34 Million, Modern Miami Home on the Venetian Islands With Lots of Natural Materials, Sleek Modern Home in the 90210 ZIP Code of Beverly Hills Lists for $3.5 Million, Out-of-Towners Migrating to Relatively Affordable Cities Can Outspend Locals by as Much as 39%, Low Supply and Rising Rates Slow Hamptons Sales, but Prices Are Still Going up, An Artists Gallery-Like Villa in Ibiza, Spain, Designing a Kids Room With Practicality and Style, Palm Beach Is Still HotJust Take This Property Asking Three Times Its April 2021 Sale Price. He is best known for constructing a 105,000 sq. The Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains can all be seen from here. Starz Login and Activate Account: How to Sign In and Activate Starz on Various Devices? It sold for only $126 million, a price significantly lower than originally projected. Oscar Isaacs net worth is $12 million as ofRead More Oscar Isaac Biography, Age, Height, Brother, Family, Moon Knight, Wife, Dune, Net Worth & Wiki, Henry Cavill, born Henry William Dalgliesh Cavill, is an English model, actor, fitness enthusiast, and well-known socialite. The price was one of the highest ever obtained for an L.A. home, and Mr. Hankey said he would likely recoup all the funds he provided for the project. [2][4][5] He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell. Nile Niami got his start as a film producer. However, if any information becomes available, we will undoubtedly upload it. During his high school, he took night classes to get certified in cosmetology. Although the film had a theater release, reviewers pointed out that the production quality was lower than most direct releases. In addition, he erected a house in Trousdae Estates, a Beverly Hills neighbourhood, with a unique feature: a spinning automobile turntable, similar to those in auto showrooms, thats viewable from the living room., Another of Niles masterworks is his accomplishment in building a gigantic house in Bel Air, which was also designed by Paul McClean and is listed on the real estate market for US$340 million. He finally sold it in December 2020 for $9.58 million. He worked on developing and flipping houses. A revolving statue by Mike Fields surrounds the entrance, a lower-level butterfly installation by Stephen Wilson, and an outdoor sculpture by Italian Murano glass expert Simone Cenedese are among the beautiful unique artwork on exhibit. That, however, never happened. However, when construction prices increased, so did the difficulties. He is currently 54 years old and carries the Pisces zodiac sign. Nile was born in the year 196 in Los Angeles, California. The creator of the tequila company VIVA XXXII is his ex-wife. His mother worked nights at the Burbank bar she owned while still teaching special education. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Gayatri Bhaganagare is a fresher in the Research industry. He immediately came to the conclusion that he couldnt make a living as a producer. By. If "The One" sells for a significant amount over its debt load, Nile could theoretically make out with millions. It was a business model that Mr. Niami would successfully replicate over and over again: He equipped his homes with over-the-top amenities, such as Champagne vaults and glass-bottomed pools, and put higher price tags on them than the market had previously supported, Ms. Williams said. Nile Niami is the real estate developer behind 'The One' Bel Air, a $500 million dollar spec mega-mansion that recently became listed as the most expensive h. In late 2021 "The One" was place into receivership which allowed an independently-appointed outside developer to come in and spend the estimated $5 million that was still needed to make the home live-able. He is well-known as the daring man who constructs mega-mansions for celebrities. Some of the underbelly of Los Angeles got to him, and he lost his focus, said Mr. Williams. Because I don't have any money.". McClean Design has grown over the years, becoming one of the most prominent contemporary residential design firms in Southern California. Niami initially thought that no one would buy such expensive spec homes, but he would eventually find monumental success through his luxury spec homes over the years. After spending some years as a film producer, Nile Niami eventually started to build small condominiums and renovate apartments, which he sold for a profit. As a real-estate developer, he has amassed a huge amount. Nile and Yvonne have two sons,BryceandBrent. Mr. Niami disputed that characterization through his spokespeople, saying he never received a single offer. If you need legal advice, please contact an attorney directly. [4][2] He built a house in Trousdale Estates, a neighborhood in the city of Beverly Hills, with "a spinning car turntable, similar to those in auto showrooms, that's visible from the living room. What Is Tom Selleck Net Worth? He appears to be overly preoccupied with his profession. According to a two-part home tour broadcast on YouTube in April, the huge property has 20 bedrooms, including eight bedrooms for the employees and a three-bedroom guest house, approximately six elevators, a library, cigar room, and confectionery room. He then learned about special effects prosthetics for horror films. EC The Hub may cover news associated with technology, devices, and the Digital world. He is listing it for $39.995 million. In a failed venture, Nile created an app for single men looking for friends. 95662, United States. He also produced a number of well-known programmers and films. Nile Niami is probably best-known for constructing a 105,000 square-foot spec home in Bel Air dubbed "The One" which he listed for $500 million. In 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy for $39 million. In 2017, the couple parted ways. Niami was married to Yvonne Niami, the founder of a tequila company called VIVA XXXII, and a charitable clothing label called N:Philanthropy. In 2017, Nile completed work on a home in Beverly Hills which he soon listed for $100 million. Home invasion he created the horror-thriller video DNA which he soon listed for $ 100 million to the highest,... Developer in his early 40s with ambitious plans in the sale a few weeks.... Technology, Devices, and the Survivor couple had been married for almost 18 years before they and... Wants to know this multiday online auction was scheduled for March of 2022 producer before moving real! 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