Shoma Group

Shoma Group CEO Masoud Shojaee and a rendering of Ten30 South Beach

Shoma nabs $18M construction loan for condos near Lincoln Road

Shoma Group closed on a construction loan for Ten30 South Beach, a condo project near Lincoln Road with units...

Shoma nabs $18M construction loan for condos near Lincoln Road
Masoud Shojaee and 3650 Bird Road (Credit: Google Maps)

Shoma plans two-tower rental project near Coral Gables

Shoma Group is betting on Miami’s multifamily market. Developer Masoud Shojaee is planning to build a two-tower, 359-unit rental...

Shoma plans two-tower rental project near Coral Gables
Rendering of Ten30 and Masoud Shojaee

Shoma Group launches lower-priced condo project near Lincoln Road

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
Student housing developer buys site near University of Miami

Student housing developer buys site near University of Miami

Masoud Shojaee’s Shoma Group just sold a site in Coral Gables to Landmark Properties, a student housing developer, for...

Student housing developer buys site near University of Miami
Renderings revealed: ESJ Capital unveils Jungle Island hotel & more

Renderings revealed: ESJ Capital unveils Jungle Island hotel & more

New renderings for Jungle Island hotel After receiving voter approval, ESJ Capital Partners released a slew of renderings for...

Renderings revealed: ESJ Capital unveils Jungle Island hotel & more
Shoma to convert Hialeah retail center into apartment complex

Shoma to convert Hialeah retail center into apartment complex

Hialeah’s city council just cleared the way for Masoud Shojaee’s Shoma Group to convert an old shopping center into...

Shoma to convert Hialeah retail center into apartment complex
Trial canceled: Masoud Shojaee drops remaining claims against Ugo Colombo and his companies

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

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

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

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
Sign of the times: Masoud Shojaee scraps plans for luxe townhouse project Eleven on Lenox in favor of lower-priced condos

Sign of the times: Masoud Shojaee scraps plans for luxe townhouse project Eleven on Lenox in favor of lower-priced condos

Responding to the luxury market slowdown, Masoud Shojaee’s Shoma Group is scrapping plans for the multimillion-dollar townhome project Eleven on Lenox in South Beach,...

Sign of the times: Masoud Shojaee scraps plans for luxe townhouse project Eleven on Lenox in favor of lower-priced condos
Masoud Shojaee sues development partner for $100K in office rent spat

Masoud Shojaee sues development partner for $100K in office rent spat

Three months ago, Miami-based developer Masoud Shojaee and New Boston Fund, an investment, development and management firm based in...

Masoud Shojaee sues development partner for $100K in office rent spat
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