nile niami website

Mr. Niami grew up in a working-class area of the San Fernando Valley. Before he moved to real estate development, he produced roughly 15 movies. We now know everything about Nile Niami and his net worth. Nile Niami is a fo. Nile Niami also produced T.N.T. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Do you know how much these celebrities earn? 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. [2] Suddenly, a new bidder entered the fray, placing a bid of $90 million: Mr. Saghian had changed his mind. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. He is currently working on launching The One Truth Network, a massive undertaking set to be released in early June 2022. Niamis site invites viewers to come see inside his inner life through regularly shared video content. Besides the real estate project, he has also launched an app Wolfpack, designed especially for single men who are looking for friends. He is well-known as the daring man who constructs mega-mansions for celebrities. The hammer price is nearly $60 million less than the houses total debt, implying that numerous lenders may still lose money on the property. That, however, never happened. The One is a 105,000 square foot mega-mansion in Bel-Air developed by Nile Niami and designed by Paul McClean. At the age of 19, he started working with his elder brother Doug Witkins. (Theyre extremely close to receiving the certificate of occupancy; the city and the Bel Air homeowners association are still negotiating; its all about money at the end of the day, a source said.). Although his LLC, Crestlloyd, declared bankruptcy, Niami continues to hold onto his personal wealth. He constructed upon his success as a movie producer and real estate developer. This marks the first of the 50 locations that Nile Niami plans to open. Hankey, who could have used his loan to credit bid, according to people familiar with the deal, was not the ultimate buyer. One of the contemporary view homes was later purchased for US$18 million by businessmen Cameron and Tyler Winklevoss. Nile Niami was born on 25 February 1968, his age is 54 years old as of 2022. Who is Nile Niami American producer of movies and real estate developer Nile Niami. He has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills. He collaborated with architect Paul McClean in many of his projects. He then sold the global film rights to Witkins production business. Nile Niamis most significant project is The One, a massive mansion that he originally intended to sell for $500 million. Nile Niami is an American millionaire who is both a film producer and a real estate developer. In 1999, Niami produced a horror film, Resurrection. If you like what were doing, consider supporting us by clicking. In 1998, Niami produced Point Blank, a direct-release film starring Mickey Rourke. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-banner-1','ezslot_5',147,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-banner-1-0'); Niami also placed a West Hollywood spec mansion into bankruptcy in December 2020 when a creditor took control of the mansion. Niami. It was originally valued at $500 million, but a court-ordered sale is currently underway to reclaim funds owing to lenders. The divorced couple has two sons, Bryce and Brent. The entire property sits on an impressive acre. Links included in this description might be affiliate links. Nile worked with architect Paul McClean to build a house for the twins Cameron and Tyler Winklevoss. In January 2017, she filed for divorce after 18 years of marriage. In addition, you also get a private dinner with Nile Niami at Providence (a Michelin-star restaurant) and a $2,000 donation to Childrens Hospital Los Angeles in your name. He worked in special effects for low-budget movies before starting his own production company in 1994. Nile Niami was born in Bel Air, Los Angeles, California in 1968. 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. You know why? In 2017 he sold a home to Floyd Mayweather for $26 million. There was no reserve price on the property, meaning it would sell to the highest bidder, no matter what the price. He appears to be overly preoccupied with his profession. [3] The construction attracted unease from the Bel-Air Homeowners Alliance,[4] whose chairman, Fred Rosen, suggested it was so big it should have been "considered a commercial project", subject to more restrictive regulations. In 2000, he produced the thriller movie The Watcher. In the same year, he created the action comedy film Camouflage. Also, he produced a romantic crime drama titled Tart in 2001. Nile Niami is married to Yvonne Niami. The Nile eventually began to build tiny condominiums and renovate apartments, which he then sold for a profit. 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. Yvonne filed for divorce in January 2017 after 18 years of marriage. Our dedicated Editorial team verifies each of the articles published on the Biographyhost. Leave your comments down below! Opus was then valued at $38 million, far below its original asking price. Most significantly, McClean helped Niami to design The One.. Everyone Wants to Know His Early Life, Career, Education, Awards & Much More! In 1995, he produced the sci-fi thriller film Galaxies as a result. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. In some ways, the story of Mr. Niami, the man behind The One, is as compelling as the house itself. In the years that followed, he would go on to produce the movies Terminal Force in 1995, DNA in 1996, T.N.T. in 1997, Point Blank, The Patriot, The Survivor, Resurrection, The Watcher, and both Camouflage and Tart.. Nile Niami, a charismatic and ambitious former Hollywood producer who went on to create some of the most extravagant residences in Beverly Hills and Bel Air to sell for profits, designed it. Bryce Hall Net Worth, Early Life, Career, & Personal Life. This couple has two kids. This account is based on interviews with lenders, business associates, personal friends, real-estate agents and construction experts who interacted with Mr. Niami while he was building The One. In October 2022, Nile Niami opened the first location of Crustica, a healthy pizza joint, in West Hollywood. Leave a comment below. Nile Niami got his start as a film producer. Instead, the home was auctioned off for $126 million, leaving a trail of debt in its wake. The Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains can all be seen from here. and in others renamed Genetic Code. She also started the charity clothing business N: Philanthropy. On a hilltop in Bel Air, a 100,000-square-foot gigamansion is under construction, for no one in particular. 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. He worked on developing and flipping houses. We sought him on every social networking site, including Instagram, Facebook, and Twitter, but he was nowhere to be found except on Instagram, where he is known as @nileniami and has over 86k followers. Nile Niami is a real estate developer and film producer from the United States. We did everything we could to explain to Nile that this was a long shot and he should focus on the sale, but we werent having much luck with that, said Mr. Kirman. Frequent headlines about the house were also a deterrent to buyers, agents said. When you reinvest everything into one Camelot project, it is devastating to see that money vaporize in front of you, Mr. Niami said through his spokespeople. Nile began his career as a film producer. Outside of real estate he launched an app called Wolfpack which is designed to help single men looking for friends. 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. The following year, he produced the horror-thriller videoDNA. 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. More: Sleek Modern Home in the 90210 ZIP Code of Beverly Hills Lists for $3.5 Million. [18], Last edited on 20 February 2023, at 21:58, "Foreclosure looms for Nile Niami's infamous mega-mansion 'The One', "The Making of the Most Expensive Mansion in History", "Who Wants to Buy the Most Expensive House in America? 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. We commit to cover sensible issues responsibly through the principles of neutrality. He tapped Mr. McClean to design his most ambitious house yet, with jellyfish aquariums, a casino and a nightclub, the architect said. After the couple split, Mr. Niami developed a reputation in the real-estate industry as a party boy, according to business associates who worked with him during that period. Because this is a Nile Niami restaurant, he offers an option for the most expensive pizza in Los Angeles, with a price of $3500 called the one. The $295 million hilltop house, dubbed The One, has 21 bedrooms and 49 bathrooms. Some of the underbelly of Los Angeles got to him, and he lost his focus, said Mr. Williams. January 3, 2022. What are your thoughts on the One being finally sold ? The Making of the Most Expensive Mansion in History. He came from nothing. There are several pools and even a moat. Designed by architect Paul McClean and developed by Niami, the property also offered nearly $12 million worth of Lamborghinis, Rolls-Royces, and Damien Hirst paintings. He then became a real estate developer. It was 2011, and she was waiting for a potential buyer. Diddy Combs for $39 million. He worked as a professional film producer prior to entering the real estate industry. [14] Lanes oversaw completion of the property and secured a certificate of occupancy. He started out as a film producer then transitioned into the real estate development world. Another obstacle was that Mr. Niami hadnt obtained a certificate of occupancy, so the house couldnt be legally lived in. Add all three to Cart . If you need legal advice, please contact an attorney directly. Nile Niami is well-known as a professional realtor. ], Nick Carter Net Worth [From Backstreet Boy to Business Tycoon], Martin Short Net Worth [Struggling Comedian to Millionaire Superstar], Todd Graves Net Worth [The Man Behind Raising Canes], Kevin Feige Net Worth [Architect of the Marvel Cinematic Universe], Fizz Debit Card [An Honest Review in 2023], Rocket Money vs. Mint [An Honest Comparison], Meet Beagle [Find Lost Money An Honest Review], Film Producer, Land Developer, Restaurateur. A 5,000-square-foot master retreat with its own pool, as well as a two-story library/office with a balcony, LED and black hand-lacquered built-ins from Italy, and water features, are among the other attractions. His largest and most famous build, a house called The One, has been the topic of many front-page news reports in 2021 and 2022. Nile Niami received an offer from a Chinese Billionaire at $50 million, but reportedly rejected it. We were trying to limit our funds to make sure that they went in the right place.. On February 25, 1968, Nile Niami was born in Los Angeles, California. Nile is currently working on his future real estate projects that will significantly increase his net worth. As a real-estate developer, he has amassed a huge amount. A watershed moment came in 2012 when he flipped a home to the Winklevoss twins (of Facebook fame) for $18 million. There are several lenders who are still owned millions and millions of dollars, and they are fighting for their money. [15] It did not receive an offer and on March 4, 2022, The property was sold at auction for US$127 million, becoming one of the most expensive houses ever sold at an auction in the United States. This film was released in 1997 and directed by William Mesa. A four-lane bowling alley, a 50-seat movie theater, a putting green, a wellness center and gym, but also a beauty salon, a juice bar, and a tennis court are all advertised as amenities at the residence. Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! This first film received many negative reviews. After getting married in the late 1990s, he and Ms. Niami began eyeing bigger and bigger homes. As a real estate developer, he earned a huge amount. A judge approved the sale a few weeks later. Since then, he's worked on building and renovating large homes in the Los Angeles area. The 105,000-square-foot Bel Air estate, known as "The One," was placed into receivership and is expected to be relisted at a lower price. Nile Niami is currently living a single life. However, some experts place his net worth significantly lower, around $10 million. Nile Niami is an American film producer and real estate developer. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-large-leaderboard-2','ezslot_8',148,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-large-leaderboard-2-0'); However, Los Angeles Times reported in March 2021 that Niami was facingforeclosureon the property. Nile Niami's The One finally Sold for $141 million dollars! Niami, the mega mansions developer, assisted in the mega mansions Chapter 11 bankruptcy filing last year. His first movie Galaxis was an action film released in 1995. Nile Niami first spoke with a real estate agent Drew Fenton. Known since its inception by colorful and controversial developer Nile Niami simply as "The One," the monstrous and still-incomplete Los Angeles structure is 10 years in the making. 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. The next year, Niami produced the horror crime filmResurrectionand the crime-thriller TV movieJustice. As for the pajama party, he said, It seems to me that someone wearing a robe at a pajama-themed party is exercising modesty.. There is no additional charge to you! Hankey purposely opted to not place the home into foreclosure because it would have put him on the hook for maintaining the property and covering all liabilities until a buyer was found. Nile created the horror thriller video T.N.T., DNA, which was his 1st action picture in 1997. P. Diddy, for $39 million. Nile Niami made his fortune through film and real estate development. We do our best to keep offers up-to-date. In 2015, GQ reported that the mansion was the most expensive mansion in history. After spending several years in film production, Nile Niami began working in real estate development. This isnt the first time that a Niami mega mansion has run into difficulties. In October 2021, after issuing Mr. Niami several extensions on his loans, Mr. Hankey filed to foreclose on The One. What do you think Nile Niami net worth? Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. He has been selling houses worth hundreds of millions of dollars. Mr. Hankey said the loan allowed Mr. Niami to pay off some of the tens of millions of dollars in debt on the property and provided funds to help finish the project, which was about 80% complete at the time. Outside of The One, Niami has also worked extensively with top-tier architect, Paul McClean. He brought up the expanding market for spec properties priced between $10 and $15 million to Niami. Later, Niami founded his own production company and produced over a dozen films, many of them were straight-to-video B movies. Nile Niami was born on February 25, 1968 in Los Angeles, California. Trending. 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