Niami’s homes are desirable, Elliott believes, because they reflect an obsession with detail. “He has a vision and really builds around that vision. He’ll sit on the property, look at the sunrise, sunset, think about the orientation. He is methodical in nature,” the broker says.
It would not only make him rich but also fund aspiring entrepreneurs needing a break. He envisioned a charity event called We Are the World 2022 featuring current and past singers. Attendees would be shuttled up from parking lots at the nearby UCLA campus. “I sent him $300,000, every single penny that I had. We were going to rain money,” says Niami, who has been sued by American Express for $190,000 in unpaid charges for personal expenses and building supplies, according to court records.On June 24, two months after the video went live, Hankey filed a foreclosure lawsuit in Santa Monica Superior Court — his right as a lender whose loan was secured by the property.
Don Hankey at the headquarters of his Hankey Group, Westlake Financial Services in the Mid-Wilshire area of Los Angeles. Subprime lending has a grubby reputation, but Hankey sees himself as providing an opportunity to the less fortunate. “If they pay us, well, the next time they get credit from us, or somebody else, our interest rates are gonna go way down,” he says.
Hankey doesn’t apologize, however, for having his army of servicers call the first day a borrower is late on a payment. Other subprime lenders have been accused of business models reliant on repossessions. Hankey says that is not him.So far he doesn’t own The One, and presumably he’d like to keep it that way.Hankey has been involved in residential development himself for years, including co-developing the upscaleacross from Staples Center.
It had been six years since the developer had bought the property, designed the house, graded the land and started construction. But by October 2018, he still needed more cash to finish up. And he paid a premium for it.
“House” 😂
ldarmiento Subdivide it into duplexes, put HACLA in charge, and name it Weiner Gardens...
ldarmiento nice
ldarmiento And one wonders why the rest of the world looks at Americans and think wasteful and greedy.
ldarmiento imagine how many homeless people this structure could shelter
BKopernikus Aaron Spelling must have turned over in his grave.
BKopernikus unless they're housing some of LAs houseless population here why would we give a shit
When the government collapses & money means nothing to us anymore this is where I'll meet you all for the AnarchistPoolParty !
$AMC apes can buy it
Tax the rich.
Nothing exceeds like excess.
That looks like it would make a great medical center. 🤔😏🤑justsayin
If I was rich enough, I’d buy it and make it a homeless housing and rehabilitation center. This is also why I’m not wealthy.
What a waste.
May it rot into the ground and everyone involved become destitute. It's obscene.
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