Nile Niami (born February 25, 1968) is an American Indian 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 Holmby Hills is a neighborhood on the Westside of Los Angeles, California, United States. The neighborhood was developed in the early twentieth century by the Janss Investment Company, which developed the rest of Westwood as well as other Los Ang ...

Early life

Niami was born in 1968 in

Los Angeles, California Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...

. He was raised by a single mother, a

special education Special education (known as special-needs education, aided education, exceptional education, alternative provision, exceptional student education, special ed., SDC, or SPED) is the practice of educating students in a way that accommodates th ...

teacher.

Career

Niami started his career as a film producer. He produced 15 films, many of them

B movies A B movie or B film is a low-budget commercial motion picture. In its original usage, during the Golden Age of Hollywood, the term more precisely identified films intended for distribution as the less-publicized bottom half of a double feature ...

, before he started building small condominiums and renovating homes to sell. As a real estate developer in Los Angeles, Niami built a mansion in

which he sold to a Saudi buyer for US$44 million. He built another house in Holmby Hills, which was purchased by musician

Sean Combs Sean Combs (born Sean John Combs; November 4, 1969), also known by his stage names Puff Daddy, P. Diddy, Puffy, or Diddy, is an American rapper, actor, record producer, and record executive. Born in New York City, he worked as a talent directo ...

for US$39 million in 2014. He also hired architect Paul McClean to build a house for the Winklevoss twins

Cameron Cameron may refer to: People * Clan Cameron, a Scottish clan * Cameron (given name), a given name (including a list of people with the name) * Cameron (surname), a surname (including a list of people with the name) ;Mononym * Cam'ron (born 197 ...

and

Tyler Tyler may refer to: People and fictional characters * Tyler (name), an English name; with lists of people with the surname or given name * Tyler, the Creator (born 1991), American rap artist and producer * John Tyler, 10th president of the United ...

in the Bird Streets (north of

Sunset Boulevard Sunset Boulevard is a boulevard in the central and western part of Los Angeles, California, that stretches from the Pacific Coast Highway in Pacific Palisades east to Figueroa Street in Downtown Los Angeles. It is a major thoroughfare in t ...

). He built a house in

Trousdale Estates Trousdale Estates is a neighborhood of Beverly Hills, California, located in the foothills of the Santa Monica mountains. It was developed in the 1950s and 1960s and is named after Paul Trousdale, a real estate developer. , the average sale price ...

, a neighborhood in the city of

Beverly Hills Beverly Hills is a city located in Los Angeles County, California. A notable and historic suburb of Greater Los Angeles, it is in a wealthy area immediately southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. Bev ...

, with "a spinning car turntable, similar to those in auto showrooms, that's visible from the living room." Niami launched Wolfpack, a

mobile app A mobile application or app is a computer program or software application designed to run on a mobile device such as a phone, tablet, or watch. Mobile applications often stand in contrast to desktop applications which are designed to run on d ...

for single men looking for friends; it is no longer available.

"The One"

Niami's mega-mansion in Bel-Air, "The One" (), was also designed by Paul McClean. After eight years of development and numerous delays, it was completed in 2021.Candace Jackson
"Who Wants to Buy the Most Expensive House in America?"
''New York Times'', December 23, 2017. The construction attracted unease from the Bel-Air Homeowners Alliance, whose chairman, Fred Rosen, suggested it was so big it should have been "considered a commercial project", subject to more restrictive regulations. It was billed as the most expensive private residence in the United States, and at 105,000 square feet, is one of the country's largest private homes. The residential property features nine bedrooms, multiple kitchens, a nightclub, four-lane bowling alley, salon, gym, 50-seat theater, a running track, a 50-car underground garage, and a

moat A moat is a deep, broad ditch, either dry or filled with water, that is dug and surrounds a castle, fortification, building or town, historically to provide it with a preliminary line of defence. In some places moats evolved into more extensive ...

. In March 2021, Niami's

LLC A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a ...

, Crestlloyd, defaulted on US$165 million in debt related to the property, causing it to enter

receivership In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in ca ...

. A foreclosure sale scheduled for October 2021 was halted when Crestlloyd filed for Chapter 11 bankruptcy. In July 2021, the 3.8-acre property was placed in court-ordered receivership by

Los Angeles County Superior Court The Superior Court of California, County of Los Angeles, is the California superior court with jurisdiction over Los Angeles County, which includes the city of Los Angeles. It is the largest single unified trial court in the United States. The ...

. Ted Lanes of Lanes Management was appointed as receiver. Lanes oversaw completion of the property and secured a certificate of occupancy. Once valued at US$500 million, "The One" was formally listed for sale in January 2022 at an asking price of US$295 million. 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. It broke the previous record that was set in 2021 when The Hearst Estate in Beverly Hills sold at auction for US$63.1 million. The buyer was Richard Saghian, owner of

Fashion Nova Nova is an American fast fashion retail company. The company primarily operates online, but it also has five brick-and-mortar locations. Fashion Nova is known to use social media marketing, particularly on Instagram. Models, celebrities, and o ...

Personal life

Niami purchased

Scooter Braun Scott Samuel "Scooter" Braun (born June 18, 1981) is an American entrepreneur, investor, and entertainment executive. Known as the manager for artists such as Ariana Grande, Justin Bieber, J Balvin, Demi Lovato, The Kid Laroi and other artists ...

's Bel Air house for US$9.5 million in July 2015.

Filmography

As producer

*''

Galaxis ''Galaxis'' is a 1995 science fiction action film directed by William Mesa and written by Nick Davis. It stars Brigitte Nielsen, Richard Moll and Craig Fairbrass. It was also released under the name ''Terminal Force''. The film received a negati ...

'' (1995) *''T.N.T.'' (1997) *'' DNA'' (1997) *''

Point Blank Point-blank range is any distance over which a certain firearm can hit a target without the need to compensate for bullet drop, and can be adjusted over a wide range of distances by sighting in the firearm. If the bullet leaves the barrel paral ...

'' (1998) *'' The Patriot'' (1998) *''The Survivor'' (1998) *''

Resurrection Resurrection or anastasis is the concept of coming back to life after death. In a number of religions, a dying-and-rising god is a deity which dies and is resurrected. Reincarnation is a similar process hypothesized by other religions, which ...

'' (1999) *''Justice'' (1999) *'' The Watcher'' (2000) *''Camouflage'' (2001) *''

Tart A tart is a baked dish consisting of a filling over a pastry base with an open top not covered with pastry. The pastry is usually shortcrust pastry; the filling may be sweet or savoury, though modern tarts are usually fruit-based, sometimes with ...

'' (2001)

References

External links

* {{DEFAULTSORT:Niami, Nile Living people 1960s births People from Bel Air, Los Angeles Businesspeople from Los Angeles Film producers from California American real estate businesspeople