Who bought the 500 million dollar house?
Niami, known for his brazen personality and wildly ambitious real estate projects, borrowed $82.5 million from Hankey Capital in 2018 to build the extravagant home.
Who owns most expensive house in Bel Air?
Bruce Makowsky (born 1956) is an American real estate developer and entrepreneur. In 2017, he set the record for the most expensive home listed in the United States by listing a home he developed in Bel Air on the market for $250 million, which ultimately sold for $94 million in October 2019.
Who bought the one house in Bel Air?
Abel Tesfaye, the R&B star better known as the Weeknd, has spent $70 million on a swanky Bel Air mansion, generating one of the largest deals closed in Los Angeles so far this year.
How much does the Bel Air mansion cost?
Yesterday the news was of Michael Jackson’s Neverland Ranch finally selling for $22 million, all the way down from its original $100 million price tag. Today there’s another $80 million price drop to report, this time in the Bel Air neighborhood of Los Angeles.
How big is the one in Bel Air?
For years, spec developer Nile Niami has teased “The One” — a 100,000-square-foot mega-mansion in Bel-Air that he hoped to sell for $500 million. But his plans are now in peril.
How many homes are for sale in Bel Air?
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-08 04:44:06 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
How big is Nile Niami’s Bel Air mansion?
The eight-acre estate centers on a 100,000-square-foot home with five swimming pools and extravagant amenities. Copy Link URL Copied! For years, spec developer Nile Niami has teased “The One” — a 100,000-square-foot mega-mansion in Bel-Air that he hoped to sell for $500 million. But his plans are now in peril.
How much did Nile Niami sell his house for?
In March, slightly more than half of homes sold for over the asking price across Los Angeles. In some spots, the share was even bigger. Profitable sales have been hard to come by for Niami lately. After listing an over-the-top Beverly Hills home dubbed “Opus” for $100 million, he sold it last year for $38.3 million.