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Nile Niami (born February 25, 1968) is an American former film producer turned real estate developer, who has developed and sold multimillion-dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills.
Nile Niami purchased the 3.8-acre (1.5 ha) lot on a hilltop in Bel Air, Los Angeles, for $28 million in 2012. The plot has a 360-degree view of the Pacific Ocean, Downtown Los Angeles, and the San Gabriel Mountains. The property had a 10,000-square-foot (930 m 2) house, which Niami demolished. [1] [2] Construction began in 2014. [2]
Hankey Capital lent Nile Niami $82.5 million for construction of The One in 2018. [8] Hankey is also a real estate investor in Downtown Los Angeles . [ 9 ] Sister company Hankey Investment Company owns over a million square feet of commercial property and 500,000 square feet of urban development land in Southern California.
The One, a 100,000-square-foot mega-mansion in Bel-Air, may be headed for foreclosure as developer Nile Niami owes more than $110 million in outstanding loans. Foreclosure looms for Nile Niami's ...
Developer Nile Niami hopes he can get investors to buy it. The Bel-Air mega-mansion 'The One' was sold at auction, but the bid is not yet court-approved. Developer Nile Niami hopes he can get ...
Developer Nile Niami proposes using "The One" to back cryptocurrency as he fights to head off a February auction of his Bel-Air mega-mansion.
The Beverly Estate is a property built in 1926 [1] [2] at 1011 North Beverly Drive in Beverly Hills, California. [3]The estate was designed by architect Gordon Kaufmann [4] and was the residence of actress Marion Davies and her partner William Randolph Hearst. [5]
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