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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.
Jul 28, 2022 · Nile Niami, a real-estate developer, planned to sell the Bel-Air megamansion known as The One for a record-breaking $500 million. But he faced legal battles, construction delays and a buyer who defaulted on the deal, leaving him with millions of dollars in debt.
Aug 26, 2021 · Nile Niami is a former film producer and a real estate developer who built many luxury spec homes in Los Angeles. He is best known for his infamous megamansion 'The One', which he listed for $500 million but faced foreclosure in 2021.
Mar 15, 2022 · 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 investors to buy it.
- Laurence Darmiento
- Staff Writer
- laurence.darmiento@latimes.com
It is a compound of a main residence and three smaller houses in the modernist style and was developed by Nile Niami. The property is 105,000 square feet (9,800 m 2) on 3.8 acres (1.5 ha). Construction began in 2014. Following delays, it was completed in 2021.
Nov 17, 2023 · Around 2015, American developer and former movie producer Nile Niami was convinced his new project would make him worthy of a spot in the real estate history books. He was just getting started building a huge residential property similar in grandiosity to the majestic mansions of the Gilded Age.
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Jul 1, 2020 · Nile Niami, who is sometimes referred to as the king of the Los Angeles megamansion, at his West Hollywood home. He is listing it for $39.995 million.