REAL ESTATE: 944 Airole Way and 901 Strada Vecchia
944 Airole Way Auction:
The auctioned property at 944 Airole Way - “The One” that buried Nile Niami - received the winning bid of $126 million, with commission, $144 million. The winning bid falls short $190 million in outstanding debt.
For more information, see links below:
LA TIMES: ‘The One’ mega-mansion is up for auction. Whoever buys it may soon have a mega-headache”
More information links on the auction results:
LOS ANGELES TIMES “L.A.’s most extravagant mansion sells for less than half its list price”
CNBC: “America’s biggest new mansion auctions for $141 million”