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The most expensive luxury house in the United States will face a judicial auction

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most expensive luxury house
most expensive luxury house

Most expensive luxury house in the United States

The most expensive luxury house in the United States will face a judicial auction of 372 square meters

master bedroom 372 square meters A $500 million mansion in Los Angeles, California, is facing a judicial auction over a developer’s debt default. who owns the most expensive house in california

Los Angeles County Superior Court documents show that the luxury home developer defaulted on more than $165 million in loans and debts.
The mansion, located in Bel-Air, covers an area of about 9,755 square meters and is called “Unique,” CNBC reported Wednesday. most expensive homes sold in 2020

Developer Nell Nyami called the mansion his “lifelong mission” and “the largest and most expensive house in the urban world.”

“Unique” had expected to go on sale in 2017 for $500 million. The “unique” sales schedule has been repeatedly delayed due to funding difficulties and strategic changes. who owns the most expensive house in beverly hills

CNBC describes “the only one” as an “ultra-modern palace” with nine bedrooms, multiple kitchens, a nightclub, four fairway bowling alleys, salons, gyms, a 50-seat cinema, a runway and an underground garage with 50 parking spaces. Of these, the master bedroom covers an area of approximately 372 square metres. Electric doors are used all indoors. ,most expensive house in california 2020

“Unique” has seven man-made water features, including a swimming pool, Jacuzzi and a “moat” that surrounds the building.
“A lot of people are rich and want to have something that no one else has,” Niamey told CNBC in 2017. It is. most expensive house in california 2021

Most expensive house in california 2021

“The Only One” is one of several mansions that have sprung up in Bel-Air and Beverly Hills since 2014.
That year, developer Bruce Markowski sold a Beverly Hills mansion for $70 million, sparking a new property boom in California that outstripped demand for high-end properties. Many of Los Angeles’ mansions, including many built by Nyami, ended up selling for less than the price.
Despite falling house prices, Mr Nyami is still borrowing to be “unique”. most expensive house in the u.s. zillow

In the past four years, Mr. Nyami and its affiliates have borrowed more than $165 million to build and sell “unique” companies. who owns the most expensive house in the world ,
In March, Hanky Capital, the biggest lender, notified Mr. Nyami of a default. In July, the Los Angeles County Superior Court asked for “unique” access to bankruptcy proceedings.

“Unique” has seven man-made water features, including a swimming pool, Jacuzzi and a “moat” that surrounds the building.
“A lot of people are rich and want to have something that no one else has,” Niamey told CNBC in 2017. It is. most expensive house in california 2021 most expensive house in usa 2021 ,

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