His app, Wolfpack, is no longer available. The cast included Craig Fairbrass, Richard Moll, and Brigitte Neilsen. Initially, he thought no one would be interested in high-valued specs homes. 102k Followers, 3 Following, 41 Posts - See Instagram photos and videos from The One (@nileniami) This Bel Air mega-mansion is another collaboration between Niami and Paul McClean. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. MUST BE READ:What Is the Net Worth of Johnny Knoxville? He has been selling houses worth hundreds of millions of dollars. He began working as a real estate developer. Nile Niami also produced T.N.T. Nile Niami, is a well-known American film producer and real estate developer, with a net worth of $55 million. https://woodgram.com/, Jennifer Shrader Lawrence (born August 15, 1990) is an American actress. All six posts showed up in May 2022, a sign that future social media engagement may be on the horizon for the real estate developer. 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. He started with homes priced in the low hundreds of thousands, working his way up to flipping condominiums in upscale areas. Then, around 2015, Mr. Niami began telling reporters about a house he planned to call The One, which would be priced at $500 million. 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. There are several kitchens. A fully paid house manager is included as well for the first two years of the property sale, not to mention other decorations and furnishings of the house worth over $2 million. [1] Early life [ edit] Niami was born in 1968 in Los Angeles, California. Niamihasa net worth of $50 million, according to Celebrity Net Worth, as of August 2021. Movies. He collaborated with architect Paul McClean in many of his projects. A nightclub, a full-service beauty salon, a wellness center, a 40-seat home theater, a bowling alley, a 10,000-bottle wine cellar, a 30-car garage, and a 400-foot private outdoor jogging track are among the amenities. For many buyers, it was too large, more like an office park than a private residence. He appears to be overly preoccupied with his profession. 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 and Yvonne have two sons,BryceandBrent. 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. The Nile is said to have a special affinity with his sons. We assure our audience that we will remove any contents that are not accurate or according to formal reports and queries if they are justified. 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. His mother was a special education teacher who also owned a bar in Burbank where she would work at nights. The next year, Niami produced the horror crime filmResurrectionand the crime-thriller TV movieJustice. About the time of the bankruptcy filing, fashion mogul Richard Saghian had spent about five years looking for his L.A. dream house. Sitting on one acre, the home has 7 bedrooms, 11 bathrooms and a champagne vault. Trending. Ms. Niami didnt respond to requests for comment. He grew up dirt poor in LA's San Fernando Valley. Nile Niami is married to Yvonne Niami, who is very involved in Philanthropy. However, Nile Niami has a verified Instagram profile, where hes shared only six posts. 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. Although his LLC, Crestlloyd, declared bankruptcy, Niami continues to hold onto his personal wealth. A judge approved the sale a few weeks later. The home made waves with its enormous size and $500 million price tag. See you next video! Nile Niami was conceived in Los Angeles, California, on February 25, 1968. Originally,. (to support me as a creator): -https://www.youtube.com/channel/UCgKz_JXJKKko9kXDrm6IODQ/joinI hope that you enjoy this video and if you have comments please leave them below! Michal Czerwonka for The Wall Street Journal At age 19, Niami worked with Doug Witkins, his mentor from the showBig Brother, to sell international movie rights at Witkins film distribution company. In 1998, he was also a producer of the motion pictures Point Black, The Patriot, and The Survivor. Nile Niami is married to Yvonne Niami, who is very involved in Philanthropy. 420 Lexington Avenue, Suite 300 His other projects included a property in Holmby Hills that sold for $39 million to rapper Sean Combs in 2014. He finally sold it in December 2020 for $9.58 million. We now know everything about Nile Niami and his net worth. By the onset of the pandemic in 2020, Mr. Niami still hadnt completed The One. Starz Login and Activate Account: How to Sign In and Activate Starz on Various Devices? Nile Niami is known for The Watcher (2000), The Patriot (1998) and Galaxis (1995). Book a private zoom call through this link: -https://scottedward.youcanbook.meCONTACT ME for house tours, video ideas, sponsorships, or just to say hi: -scottedwardllc@gmail.com BECOME A CHANNEL MEMBER! Niamis debt had risen to over $190 million. Leave your comments down below! As of 2022, his net worth was approximately $50 million. There was no reserve price on the property, meaning it would sell to the highest bidder, no matter what the price. Before he went into real estate development, he filmed roughly 15 films. Bryce is apparently 18 years old, and his younger son Brent is 15 years old. The Nile set wanted to succeed in the field of Hollywood special effects and makeup after finishing high school. 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. 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. Opus was then valued at $38 million, far below its original asking price. She holds a bachelor degree in computer science from Shivaji University in 2020 and has done a masters in business administration specializing in business analytics from Pune University. In January 2022, the enormous property was listed for $295 million. Two years later, Niami sold one of his spec homes to rapper and musician Sean Combs, a.k.a. With an original list price of $340 million, it was set to be the most expensive personal home in the country. Outside of his endeavor with his app, Wolfpack, Niami remained mostly offline until early 2022. Pedro Pascals net worth is $10 million as of 2023.Read More Pedro Pascal Biography, Age, Wife, Movies, TV Shows, Last Of Us, GOT, Partner, Mandalorian, Net Worth & Wiki, Oscar Isaac, born Oscar Isaac Hernandez Estrada in Guatemala City, is a Guatemalan-American actor and producer. 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. Mr. Saghian hadnt made an offer, the agents said, but as the auction loomed in early 2022, they convinced him to see it again. Who is this guy? Ms. Williams said she recalls thinking when he announced such a quick decision. 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. Even if the spread sells for its original $500 million asking price, a New Yorker realtor-turned-Italian princess is auctioning a Roman villa this month for $534 million, which is sure to be met. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Today he is best-known for. There is a 4,000 square-foot guest house. Nile Niami first spoke with a real estate agent Drew Fenton. Today, he is most known for building extravagant residences in Los Angeles that may cost $100 million or more. The home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. He built two mansions in the Holmby Hills neighborhood. This allows him to blend indoor and outdoor spaces, giving homes a modern, yet natural feel. In March 2021, Crestlloyd (Nile Niamis LLC) defaulted on over $165 million worth of debt from the construction of The One. Because of the debt, the massive mansion went into receivership. Don Hankey, a subprime banking giant from Los Angeles, was the projects largest lender, lending more than $125 million. Frequent headlines about the house were also a deterrent to buyers, agents said. It was advertised for $295 million as part of a bankruptcy arrangement and placed up for auction if no buyer could be found. Previously, he was married toYvonne Niami. In 2001, he directed the action comedy. "[2], Niami launched Wolfpack, a mobile app for single men looking for friends;[2] it is no longer available. Not feeling like reading today ? The divorced couple has two sons, Bryce and Brent. Your email address will not be published. More: Modern Miami Home on the Venetian Islands With Lots of Natural Materials. 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. In 2017, Nile completed work on a home in Beverly Hills which he soon listed for $100 million. The Nile and his wife got divorced due of unbridgeable differences. Niami had perfected the art of selling from a young age. He was born and raised in the San Fernando Valley in Los Angeles. 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. [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. Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! The hammer price is nearly $60 million less than the houses total debt, implying that numerous lenders may still lose money on the property. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. The upcoming real estate projects Nile is working on will significantly increase the value of his current net worth. As a real estate developer, he earned a huge amount. And one more thing.. Mr. Niami said he was renting the homes to third parties at the time. Be the first to know when new posts come out! He then learned about special effects prosthetics for horror films. 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. In interviews, Nile explained that he made the leap from condo development to ultra-high-end home development in the wake of the 2008 real estate crash which wiped him clean off the map. Crustica offers the diner a healthier version of pizza, with the slogan NY folds it, LA rolls it.. His mother worked nights at the Burbank bar she owned while still teaching special education. Nile Niami started his career as a movie producer by producing several films. However, some experts place his net worth significantly lower, around $10 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. He had every opportunity to do so over the course of several years of our friendship, but instead waited for a fire-sale auction that he knew would leave me with nothing.. Mr. Niami said through a spokesperson that he and his ex-wife Yvonne Niami ended up losing $44 million on the project, plus 10 years of my life.. Nile Niami is a real estate developer and film producer from the United States. In 2008, He first spoke with Drew Fenton, a real estate developer. He later rejected a $50 million offer from Chinese billionaire William Ding, and Niamis lender took ownership of the property in February 2020. Ahem. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. 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. The One is a 105,000 square foot mega-mansion in Bel-Air developed by Nile Niami and designed by Paul McClean. The lender gave Niami 90 days to repay the loan. 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. [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. Because I don't have any money.". However, we do not have access to information on his schooling. If you like what were doing, consider supporting us by clicking. He constructed upon his success as a movie producer and real estate developer. As a real-estate developer, he has amassed a huge amount. I (Scott Edward) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. 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