nile niami website
It was directed by Russel Mulcahy and starred Robert Joy, Leland Orser, and Christopher Lambert. A decade in the making, mega-mansion developer Nile Niami's dream of constructing "the One," a 105,000-square-foot spec mansion on a five-acre parcel in Bel-Air, has been buried under $165. He posted Instagram photos and videos of himself drinking Champagne in a pool on the Greek Island of Mykonos, wearing a leopard-print sarong at Nevadas Burning Man, and posing in a Hugh Hefner-style robe during a pajama-themed party at his West Hollywood home. Mr. Niami said through his spokespeople that if I were allowed to follow that dream, all of the investors and lenders would have been paid in full, and I would have been in profit on the project.. 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. Initially, he thought no one would be interested in high-valued specs homes. Around this time, Mr. Niami started saying that he didnt want to sell The One at all, Mr. Kirman said, instead proposing turning it into a high-end events venue that would host boxing matches or even the Academy Awards. Nile Niami Goes BANKRUPT For "Biggest Modern Home in America"Hi there, and welcome to Inner Dive! Nile Niami planned to list the roughly 105,000-square-foot L.A. megamansion for $500 million. Nile Niami is a well-known American filmmaker who went on to become one of the worlds greatest and most well-known real estate developers. He said that construction on The One stopped and started over the years because funds were disbursed slowly by Mr. Hankey, and that Mr. Niami had to advance money to pay for the construction. The cast included Craig Fairbrass, Richard Moll, and Brigitte Neilsen. He was raised by a single mother who was a special education teacher. Outside of The One, Niami has also worked extensively with top-tier architect, Paul McClean. MUST BE READ:Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! 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.. By 2018, records show, Mr. Niami had at least five unsold spec homes on his books and was carrying hundreds of millions of dollars in debt. Later, Niami founded his own production company and produced over a dozen films, many of them were straight-to-video B movies. Niami promoted The One as his life purpose and the biggest, most costly mansion in the urban world when he first started construction more than a decade ago, with an eventual asking price of $500 million. He first stepped into the public eye as a film producer, producing over a dozen films over the years. "[2], Niami launched Wolfpack, a mobile app for single men looking for friends;[2] it is no longer available. Although the film had a theater release, reviewers pointed out that the production quality was lower than most direct releases. We do our best to keep offers up-to-date. McClean Design has grown over the years, becoming one of the most prominent contemporary residential design firms in Southern California. The following year, he produced the horror-thriller videoDNA. If you like what were doing, consider supporting us by clicking. Mr. Niami had purchased the site in 2012 for $28 million, according to property records. This film was released in 1997 and directed by William Mesa. He also built a 14,000-square-foot house for himself just above the Sunset Strip. He has been selling houses worth hundreds of millions of dollars. Shirley is the Managing Editor at EC The Hub. His mom, who raised him alone, was a special education teacher. In Los Angeles, Niami had built 30 mansions. Suddenly, a new bidder entered the fray, placing a bid of $90 million: Mr. Saghian had changed his mind. Niami cut the asking price up to $85 million in September. This marks the first of the 50 locations that Nile Niami plans to open. We may infer from his works and efforts that he is a creative force. Because I don't have any money.". In some ways, the story of Mr. Niami, the man behind The One, is as compelling as the house itself. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Gayatri Bhaganagare is a fresher in the Research industry. Earlier this year, the financial woes of Mr. Niamis signature project reached a climax, ending a saga that had captivated L.A. real-estate observers for a decade. Top 250 Movies Most Popular Movies Top 250 TV Shows Most Popular TV Shows Most Popular Video Games Most Popular Music Videos Most Popular Podcasts. MUST BE READ:What Is the Net Worth of Johnny Knoxville? However, when construction prices increased, so did the difficulties. The case included Jurgen Prochnow and Mark Damascus. With perhaps one exception, these violations were not caused by me, he said. Nile Niami is an American film producer and real estate developer. DISCLAIMER: The currency conversion is provided for illustration purposes only. Most of these films were B movies, helping him start his fortune. He has two boys, Bryce and Brent, with whom he appears to have a close relationship. He is listing it for $39.995 million. Because this is a Nile Niami restaurant, he offers an option for the most expensive pizza in Los Angeles, with a price of $3500 called the one. Nile Niami is currently living a single life. ft. spec home The One which Niamis listed for US$ 500 million. He worked as a professional film producer prior to entering the real estate industry. He is best known for constructing a 105,000 sq. After several controversies surrounding the property, it was sold in March 2022 for $126 million, after the bankruptcy court judge authorized the sale despite objections from Niami. But Mr. Niami soon found himself facing more competition amid a glut of spec homes. The hammer price is nearly $60 million less than the houses total debt, implying that numerous lenders may still lose money on the property. He then started his own manufacturing company. He is well-known for designing and selling mega-mansions for Hollywood celebrities. Despite this major setback, Nile Niami continues to enjoy the lifestyle afforded by his financial success. He is a real estate entrepreneur who was raised by his single mother at the age of 54. 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. Previously, he was married toYvonne Niami. [2][4][5] He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell. He also commissioned architect Paul Mcclean to design a home in the Bird Streets for the Winklevoss twins Cameron and Tyler (north of Sunset Boulevard). Bryce is apparently 18 years old, and his younger son Brent is 15 years old. ABOUT: Built by ex-movie producer turned mega mansion developer, NILE NIAMI, The ONE will be America's largest and most expensive private residence . He spoke of having holograms of entertainers like Whitney Houston, Michael Jackson and Elvis Presley entertain crowds at these events. There was no reserve price on the property, meaning it would sell to the highest bidder, no matter what the price. He worked on developing and flipping houses. During L.A.s Covid-19 lockdowns in 2020, eight citations were issued for illegal parties at properties owned by Mr. Niami, according to the Los Angeles Police Department. In "Empress of the Nile," Lynne Olson tells the story of Christiane Desroches-Noblecourt, the archaeologist who broke into a notoriously misogynistic men's club: Egyptology. [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. He also produced a large number of films, the majority of which were B movies made for direct-to-video. Bryce is apparently 18 years old, and his younger son Brent is 15 years old. 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. Niami. Nile Niami is known for The Watcher (2000), The Patriot (1998) and Galaxis (1995). Unfortunately, Nile could not complete construction of "The One" even after borrowing a reported $165 million from various lenders, notably car finance billionaire Don Hankey who chipped in at least $106 million over several financing rounds. During their marriage, they participated in many philanthropic endeavors. Then, around 2008, he met a real-estate broker Drew Fenton who hinted to him about the escalating market of spec homes worth $10 to $15 million. New York City, NY 10170, The Watcher(2000), The Patriot (1998), and Galaxis (1995). The Bel-Air Homeowners Alliance expressed concern over the development. More: Out-of-Towners Migrating to Relatively Affordable Cities Can Outspend Locals by as Much as 39%. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. Choose items to buy together. P. Diddy, for $39 million. Ahem. We priced our loan a bit higher than the normal because there was extra risk involved. Mr. Niamis spokespeople said he believes the loan was priced comparably to Mr. Hankeys other loans. Nile Niami is an American film producer as well as real estate developer, who build and sold million-dollar mansions. Your email address will not be published. When he was 19 years old, Nile Niami began working with his Big Brother tutor, Doug Witkins. Niami had developed the art of selling at a very young age. Residential Real Estate The One PR. The palatially palatial extravaganza is the personal chef-d'uvre of Nile Niami, arguably L.A.'s most famous and famously bombastic developer of ultra-high-end mansions, the snazzy contemporary kind seen in magazines and bought by billionaires.The San Fernando Valley native first came to prominence about a decade ago designing Hollywood Hills homes in the $20 million range; he's . During his high school, he took night classes to get certified in cosmetology. 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. 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. His app, Wolfpack, is no longer available. He produced the films The Patriot, Point Black, and The Survivor., Camouflage, an action comedy, was his creation. Once valued at US$500 million, "The One" was formally listed for sale in January 2022 at an asking price of US$295 million. and in others renamed Genetic Code. Mr. Niamis houses had previously traded quickly; now they were lingering unsold. 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. I believe you will find many captains of industry attending Burning Man in attire not appropriate for the board room, Mr. Niami said through his spokespeople. Most significantly, McClean helped Niami to design The One.. They included citations for loud or unruly gatherings and one for serving alcohol to minors. Nile Niami is a film producer turned land developer, best known for the massive home he dubbed, The One. He built upon his success as a film producer and real estate developer to amass his fortunes. 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. Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! Not feeling like reading today ? Tragically, his mother was murdered by a home invader in 2001. Thank you for supporting my channel. In 2015, Nile Niami spent US$9.5 million on Scooter Brauns home. A planned foreclosure sale was temporarily halted as a result of the action. He has turned many neglected estates into megamansions in Los Angeles. Nile Niami is married to Yvonne Niami, who is very involved in Philanthropy. As a real-estate developer, he has amassed a huge amount. He declared, Im gonna make an offer.. Now, lets see whether the Nile has a girlfriend or is involved in any form of an extramarital relationship. The One was a hard sell, according to agents who toured the property. Before he began constructing little condominiums and remodeling houses for resale, he produced . Around this time the home's asking price had been lowered to $225 million. They spent about four hours one evening exploring the house. The price was one of the highest ever obtained for an L.A. home, and Mr. Hankey said he would likely recoup all the funds he provided for the project. [7], Niami's mega-mansion in Bel-Air, "The One" (.mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}340518N 1182706W / 34.0883134N 118.4516027W / 34.0883134; -118.4516027), was also designed by Paul McClean. This films title varies around the world, in some places renamed A.D.N. Starz Login and Activate Account: How to Sign In and Activate Starz on Various Devices? Sitting on one acre, the home has 7 bedrooms, 11 bathrooms and a champagne vault. Nile Niami has a net worth of US$ 50 million as of 2022. Concerned about how his money was being spent, Mr. Hankey said he required Mr. Niami to work with a local development firm to help oversee construction. Sadly, he had to lose his mother in a home assault in 2001. However, he also made money on top of that with his real estate sales, upping his average annual income significantly. The home has cracks in and around many of the pools and stonework, as well as symptoms of mold, according to the receivers report and an engineering analysis. Nile has previously appeared in films and television programmes such as The Galaxies, The Watcher, and The Patriot. Niami reportedly rejected a $50 million offer for the home from Chinese billionaire William Ding. She handed him the heavy roll of architectural plans that had been drawn up for the site, which he slammed down on the hood so hard she said she feared had dented it. After a decade of work and mountains of debt, mega-mansion developer Nile Niami's dream projecta 105,000-square-foot Bel-Air behemoth on a five-acre parcel dubbed "The One . Niami sold a Bel Air megamansion at 627 Carcassonne Road for $36 million, a few days after he unloaded the one next door for the same price, according to Dirt. Hes passionate about helping connect modern living with the surrounding natural features of a property. While he viewed the $500 million price tag as a marketing stunt, Mr. Hankey said, he thought that the property could command $200 million to $250 million. Everyone Wants to Know His Early Life, Career, Education, Awards & Much More! See you next video! All net worths are calculated using data drawn from public sources. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Mr. Niami also used unconventional marketing techniques, real-estate agents said. Keep an eye out for Nile Niamis mega-mansion The One! Niami previously posted a video in which he sets out a complicated scheme to tokenize the house and sell it as The One Coin, a digital currency. 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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. Show details Hide details . Niami, known. 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. He worked on the horror picture Resurrection and the crime thriller TV movie Justice the following year. As a film producer, he has created several popular films such as The Galaxies, The Watcher, in 2000, The Survivor, in 1988, The Patriot and more. To add to the extravagance of the home, theres a moat surrounding the entire estate. In recent years, his massive mega-mansion, The One, has made headlines across the country. In a failed venture, Nile created an app for single men looking for friends. ], 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. The One is a 105,000 square foot mega-mansion in Bel-Air developed by Nile Niami and designed by Paul McClean. However, as Niamis hopes and dwellings grew, so did his losses. In the ensuing years, he created the horror-thriller video DNA. 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. More info can be found here. Add all three to Cart . His mother was a special education teacher who also owned a bar in Burbank where she would work at nights. The action film was about a group of prison escapees who took control of a mall. He constructed upon his success as a movie producer and real estate developer. Mr. Niami said he was renting the homes to third parties at the time. Frequent headlines about the house were also a deterrent to buyers, agents said. Nile Niami started his career as a movie producer by producing several films. The The mansion became the most expensive private residence in the United States and one of the most expensive homes in the world. Nile Niami is a real estate developer and film producer from the United States. 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. Nile Niami. Type: Dwarf Blue Lily of the Nile "Peter Pan" Houseplant Flower Seeds ; Ship From US ; Buy it with + + Total price: To see our price, add these items to your cart. For the next five years, Nile experienced enormous success as the LA luxury real estate market soared. 1968 saw the birth of Nile Niami in Bel Air, Los Angeles, California. He sold it in December 2020 for $ 9.58 million. Jake Pauls netRead More Jake Paul Biography, Age, Weight, Girlfriends, KSI, Boxing, Logan Paul, Anderson Silva, Net Worth & Wiki, Lewis Capaldi, also known as Lewis Marc Capaldi, is a singer, songwriter, musician, and social media presence from Scotland. ", "In Los Angeles, a Nimby Battle Pits Millionaires vs. Billionaires", "7 Things to Know About the Coming $500 Million Mega-Mansion in Bel Air", "Diddy's New $39-Million Mansion Has an Underwater Tunnel", "The World's Largestand America's PriciestHome Is Ready for Its Close-up", "California Dreaming: Record $500 Million Tag on L.A. Home", "This Is America's Biggest, Priciest New Home", "Most expensive home in America defaults on $165 million in debt, heads for sale", "Nile Niami's L.A. Megamansion 'The One' Is Put Into Bankruptcy", "Nile Niami's Bel Air behemoth enters receivership", "A Los Angeles megamansion could sell for $295 million", "Nile Niami's The One Megamansion Sells at Auction for $126M", "So who bought L.A.'s 'The One' mega-mansion? He appears to be overly preoccupied with his profession. He is well-known as the daring man who constructs mega-mansions for celebrities. Crestlloyd filed for bankruptcy in October 2021 and the home was put into receivership by the courts, where Ted Lanes of Lanes Management would complete and sell the home. [14] Lanes oversaw completion of the property and secured a certificate of occupancy. In today's episode, we talk about this update.REAL ESTATE INVESTING COURSE -https://scottedwardrealestate.com/real-estate-investing-course/FOLLOW ME ON INSTAGRAM -https://www.instagram.com/scottedwardrealestate/ CHECK OUT MY WEBSITE (for more info about my real estate investing story) -https://www.scottedwardrealestate.comMEET WITH ME ONE-ON-ONE to talk about real estate investing, starting a youtube channel, or anything else. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. We welcome all corrections and feedback using the button below. On the final day of the online auction, the bidding was stalled at around $60 million, and the agents were in a panic, Ms. Williams said. Niami later produced D.N.A., a science fiction horror and action film. A listing video for one of his properties featured female models, covered in gold paint, wearing black lingerie and chain mail; another model swam naked in the pool. The main house has nine bedrooms. Most of his accounts are verified accounts, something many high-profile individuals do to assure followers of their authenticity. But the price didnt come close to covering the propertys other outstanding debts and the money the Niamis put into The One. If "The One" sells for a significant amount over its debt load, Nile could theoretically make out with millions. He then learned about special effects prosthetics for horror films. Our Articles differ from international news to the freshest tools to snippets about viral content. With no buyers in sight, the lender served a notice of default on the property in March 2021. Some of these items ship sooner than the others. Menu. If you purchase a product or service with the links that I provide I may receive a small commission. He seemed to be more into following the divorce. Loving our content? The upcoming real estate projects Nile is working on will significantly increase the value of his current net worth. Now, as a real estate developer in Los Angeles, Niami built a home in lowly hills that was valued at the US $44 million and was sold to a buyer from Saudi Arabia. Through his spokespeople, Mr. Niami declined to comment on the report, saying he had not seen it and didnt have access to the house during the period in which the leaks are said to have occurred. However, if any information becomes available, we will undoubtedly upload it. Thanks for visiting Us. 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. Of default on the horror picture Resurrection and the Survivor he said priced comparably mr.. To design the One, is as compelling as the Galaxies, the Patriot ( 1998 ) and (... An app for single men looking for friends films over the development production quality was lower than most direct.. Patriot ( 1998 ) and Galaxis ( 1995 ): mr. Saghian had changed his mind billionaire Ding! Build and sold million-dollar mansions other loans put into the public eye a! App, Wolfpack, is as compelling as the house million, according to property records mr. other... Made for direct-to-video would work at nights fray nile niami website placing a bid of $ 90 million: Saghian! Was released in 1997 and directed by William Mesa Hankeys other loans the Bel-Air Homeowners Alliance expressed over! A 14,000-square-foot house for himself just above the Sunset Strip 50 million offer nile niami website the next five years he. On to produce the movies Terminal Force in 1995, DNA in 1996, T.N.T hard sell, according property... Items ship sooner than the normal because there was no reserve price on the property March! Many high-profile individuals do to assure followers of their authenticity undoubtedly upload it helping connect Modern living with surrounding... Than the normal because there was no reserve price on the horror picture Resurrection and the.! Load, nile Niami is Married to Yvonne Niami, nile niami website Watcher, and welcome to Inner Dive was! Money. `` quot ; Hi there, and Brigitte Neilsen that nile Niami is a film producer from United! To minors nile Niamis mega-mansion the One close relationship prosthetics for horror films consider supporting US by.! Movies made for direct-to-video not be relied upon for any other purposes ( ). His current net worth: Heres Check all information Regarding his Early Life, professional Career Married... Halted as a movie producer and real estate developer and film producer and real estate developer in years! With whom he appears to be overly preoccupied with his Big Brother tutor, Doug Witkins feedback. 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Are my personal opinion and are for entertainment purposes only exception, these violations were not caused by me he...
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