LA Megamansion Defaults On $165 Million Debt, Positioned Into Receivership – Baller Alert

A 105,000-square-foot Los Angeles megamansion that was anticipated to hit the marketplace for $500 million has defaulted on its debt and is predicted to hit the marketplace for a lot decrease. The lavish Bel Air residence, dubbed “The One,” was positioned into receivership after defaulting on its $165 million debt. Developer Nile Niami was anticipated … Read more