It’s the cycle of life in tony Beverly Hills: Love, marriage, divorce, and a property breakup.
Mega-mansion builder Nile Niami and his wife Yvonne have sold their Beverly Hills home for $15.6 million, two months after filing for divorce.
The couple, who were married for over 18 years before separating two years ago, bought the property for $11.9 million in 2014 and gave it a top-to-toe renovation before putting it on the market for $17.95 million last summer. They owned the property through a trust, for which Yvonne served as the trustee, records show.
Yvonne, the founder of the charitable clothing label n:Philanthropy, has already snapped up another home in Bel Air for $16.2 million.
The Beverly Hills property, on N. Whittier Drive, sold to an LLC dubbed Amplitude of Blessings.
Listing broker Drew Fenton of Hilton & Hyland did not immediately respond to a request for comment.
The gated, 9,200-square-foot home has six bedrooms, eight bathrooms, a motor court, a marble entryway, a formal dining room and a walk-in wine cellar.
Speculation has been rife in recent months that the couple’s split could have significant implications for the spec home builder’s real estate holdings, The Real Deal reported. Some have said it could throw the ownership of the infamous $500 million Bel Air mansion he is developing into question.