Nile Niami
Quick Facts
Biography
Nile Niami (born February 25, 1968) is an American 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.
Early life
Niami was born in circa 1968 in Los Angeles, California. He was raised by a single mother, a special education teacher.
Career
Niami started his career as a film producer. He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell.
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 built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014. He also hired architect Paul McClean to build a house for the Winklevoss twins Cameron and Tyler in the Bird Streets (north of Sunset Boulevard). He built a house in Trousdale Estates, a neighborhood in the city of Beverly Hills, with "a spinning car turntable, similar to those in auto showrooms, that's visible from the living room."
"The One", Niami's unfinished mega-mansion in Bel Air, was also designed by Paul McClean. After eight years of development and numerous delays, it was scheduled to be completed in 2021, but has yet to have been issued a certificate of occupancy. 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 would have been one of the country's largest private homes. In March 2021, Niami's LLC, Crestlloyd, defaulted on US$165 million in debt related to the property, causing it to enter receivership. A foreclosure sale scheduled for October 2021 was halted when Crestlloyd filed for Chapter 11 bankruptcy.
Niami launched Wolfpack, a mobile app for single men looking for friends; it is no longer available.
Personal life
Niami purchased Scooter Braun's Bel Air house for US$9.5 million in July 2015.
Filmography
As producer
- Galaxis (1995)
- T.N.T. (1997)
- DNA (1997)
- Point Blank (1998)
- The Patriot (1998)
- The Survivor (1998)
- Resurrection (1999)
- Justice (1999)
- The Watcher (2000)
- Camouflage (2001)
- Tart (2001)