The Latest

Shoma Group HQ faces foreclosure over allegedly unauthorized construction: lawsuit

By Francisco Alvarado | September 02, 2021 09:45AM

Shoma Group built a new glass-encased rooftop lounge at the company’s Coral Gables headquarters without permits and without authorization...

Shoma Group HQ faces foreclosure over allegedly unauthorized construction: lawsuit

Shoma pays $16M for North Bay Village site, plans Publix-anchored apartment project

By Lidia Dinkova | May 13, 2021 04:30PM

North Bay Village is poised to get a 19-story multifamily and retail project anchored by Publix. Masoud Shojaee’s Shoma...

Shoma pays $16M for North Bay Village site, plans Publix-anchored apartment project

South Florida’s juiciest real estate lawsuits of 2020

By Francisco Alvarado | December 28, 2020 01:30PM

The pandemic did not stop top real estate players from seeking relief through the courts or from becoming legal...

South Florida’s juiciest real estate lawsuits of 2020

Trusts benefitting Masoud Shojaee’s daughters sue to access his company’s financial records

By Francisco Alvarado | December 02, 2020 11:30AM

Masoud Shojaee is facing another legal entanglement involving his daughters. Two trusts benefitting Anelise and Lilibet Shojaee sued a company managed by the Coral...

Trusts benefitting Masoud Shojaee’s daughters sue to access his company’s financial records

Shoma Group scores $67M loan for mixed-use Hialeah project

By Katherine Kallergis | July 17, 2020 10:30AM

Developer Masoud Shojaee closed on a $67 million loan for Shoma Village, a mixed-use apartment project with a food...

Shoma Group scores $67M loan for mixed-use Hialeah project

Masoud Shojaee and his daughters locked in dispute over rock mining rent money

By Francisco Alvarado | May 11, 2020 08:45AM

Father’s Day could be awkward for Masoud Shojaee, as he finds himself in a legal tussle with a trust...

Masoud Shojaee and his daughters locked in dispute over rock mining rent money

Shoma Group launches lower-priced condo project near Lincoln Road

By Ina Cordle | October 16, 2019 05:30PM

Amid the ongoing luxury market slowdown, Masoud Shojaee is launching sales of Ten30, a condo development near Miami Beach’s...

Shoma Group launches lower-priced condo project near Lincoln Road

Baptist Health buys Collection Residences site in Coral Gables for $37M

By Keith Larsen | January 29, 2019 06:00PM

Baptist Health South Florida just closed on a site in Coral Gables for $37 million that was at the...

Baptist Health buys Collection Residences site in Coral Gables for $37M

Trial canceled: Masoud Shojaee drops remaining claims against Ugo Colombo and his companies

By Ina Cordle | August 23, 2018 09:45AM

UPDATED Aug. 23, 12:35 p.m. After three years of contentious litigation, Masoud Shojaee’s Shoma Group’s lawsuit against Ugo Colombo and his companies is over...

Trial canceled: Masoud Shojaee drops remaining claims against Ugo Colombo and his companies

Baptist Health under contract to buy Coral Gables dev site at center of litigation

By Ina Cordle | July 25, 2018 06:00PM

Baptist Health is under contract to pay $41.5 million for the development site of the Collection Residences in Coral...

Baptist Health under contract to buy Coral Gables dev site at center of litigation