Show More Posts . Following his wife Stephanie Shojaees new headline-grabbing position as Shoma Group President, buzz about the power couples sharp business acumen and Insta-worthy relationship is beginning to spread. Still, while a cut-throat climate for brokers themselves, Miamis presently bustling real estate market has brought incredible opportunities for developers to rise to the occasion and fill this massive demand for properties. Shoma Group recently renovated its headquarters at 201 Sevilla Avenue in Coral Gables. Additionally, with an increased emphasis on technology entrepreneurship and investment, particularly cryptocurrency, many corporations have decided to make Miami their home. Shojaee and Lamas. He went in the right direction.. The Miami metro area government greenlighted the development of more than 17,000 apartments and 8,300 single-family homes in 2021 alone, projects that are expected to attract even more new residents down to sunny Miami. The 2.8-acre mixed-use development will be anchored by a 36,068-square-foot Publix and 6,325 square feet of retail space, which includes a rooftop lounge and a Shoma Bazaar food hall. Coral Gables-based Shoma, led by Masoud Shojaee, completed the six-story building in November and fully leased it in the following eight months, according to the release. Masoud got married to Maria in 1986. I had my own way of envisioning [a project] and marketing that I was not able to do when I was doing the partnership, Shojaee said. As a frequent flyer, Shojaee also keeps an apartment in Montreal and makes regular visits to family in Paris. Shoma Village, Shoma Groups premier rental community for upscale living and shopping, is expected to open in Q2 2022. Who is Masoud Shoajee? He has an enormous sense of urgency with everything he does, and that is why he gets so much done, Patterson said. Stanley Price: So we need to file with Dade County. In the short clip, the woman was led out of a Rolls Royce blindfolded by Masoud. A real estate billionaire, Masoud Shojaee, got the attention of many days ago after his wife, Stephanie, shared a video of how he surprised her with a private jet Christmas gift. Obviously Stanley Price saw the advantage of having someone like Arza "champion" the project, though in what manner remains uncertain. Mr. Shojaee. Many people who took to her comment section wondered how she was able to maintain composure and not faint at the sight of such a gigantic gift. As Miamis property market continues its red-hot upward trajectory, expect the Shojaees and Shoma Group seamless team to be the forces behind some of the citys most talked-about up-and-coming projects. There was a failed hotel development plan in Las Vegas a deal that collapsed in 2007 along with the economy. A video capturing the occasion was shared on Instagram. Are you guys ready for Hallo, Confession Time: Ive never been to a Pumpkin Pa, Felt cute, might de-leaf later Getting all the, simple wedding ceremony script non-religious, outdoor wedding venues in colorado springs . Verified. Under county law, lobbyists are not allowed to receive contingency or "success" fees, which the law defines as a "bonus, commission, or nonmonetary benefit as compensation dependent on the passage, defeat, or modification of an action or decision by the county commission or any of the elected bodies governing the municipalities." Shojaee is married to Stephanie Shojaee, formerly Stephanie Mejia. Become a member to support the independent voice of South Florida Unidentified: Okay. Lamas. Shojaees personal style may also translate into adding a scarf, or eschewing the custom of choosing a belt and shoes of the same color, and instead matching the jacket color with the belt, and opting for a different color in shoes. PAY ATTENTION: Click See First under the Following tab to see Briefly News on your News Feed! Who is Masoud Shojaee? Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. Interestingly enough, Shoma Group is using this as an opportunity to get into the hospitality and entertainment industry, as they are launching their first 'Shoma Bazaar' location at Sanctuary Doral Apartments. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Meanwhile, Briefly News earlier reported that a Nigerian man raised the bar on wedding anniversary celebrations with the rare gifts he gave his wife. Shojaees ability to adapt to the changing conditions of the market is among the keys to his success. Alexis Leal, Edwin Innamorato, & Stephanie Shojaee, Stephanie & Masoud Shojaee, & Carlos Hernandez, Carlos Hernandez, Masoud & Stephanie Shojaee, Masoud & Stephanie Shojaee, & Carlos Hernandez, Masoud Shojaee, Deborah von Storch, Cari Vernal, Stephanie Shojaee, & Carlos Hernandez, Camila Castro, Cindy Munoz, Stephanie & Masoud Shojaee, Alexis Leal, Julio Cruz, Nestor Mejia, & Edwin Innamorato, Veronica Beard X Bal Harbour Shops Influencer Cocktail & Dinner to kick-off Womens History Month, Neiman Marcus Coral Gables hosts Veronica Beard x Juliska Personal Appearance, Goya Foods Grand Tasting Village featuring Publix Culinary Demonstrations sponsored by Sub-Zero Group Southeast & The David Grutman Experience with DJ Khaled & Cedric Gervais, Celebrity Chef Pickleball Tournament presented by Whispering Angel, The David Grutman Experience with DJ Khaled & Cedric Gervais 3 to 5 on Ocean Drive at Goya Foods Grand Tasting Village, Q&A: Forte dei Marmi Sopra Members Club, Q&A: LADD Miami Circus Arts Center at Superblue, 710 Labs: The Arrival of Quality Cannabis in South Florida, Q&A: HaSalon Celebrates Their 1-Year Anniversary, Q&A: III Points & Black Coffee Partner for Stage Lineup, WRE NEWS: Pacific & Orient Properties Breaks Ground on 7918 West Drive Condos, WRE NEWS: 2 am Alcohol Curfew Passes with Exceptions in Miami Beachs SoFi Neighborhood, PMG Collaborates with AirBNB for West Eleventh Residences Project, The Annual Miami Design District Concours Returns This Weekend, Dwyane Wade Is The Face of New Versace Eyewear Campaign, WRE Films: Yardbird Table & Bars Muffuletta Sandwich, WRE Films: CHICA Miamis Guava Cornflake French Toast, WRE Films: Yardbird Table & Bars Banana Pudding Cheesecake, WRE Films: Stubborn Seeds The Sunshine State, Christian Louboutin Opening First East Coast Outlet at Sawgrass Mills, Pharrell Williams Appointed Menswear Creative Director for Louis Vuitton, Stella McCartney at Neiman Marcus Coral Gables, Capsool the Individuals The Fashion Show, Miami Design District Miami Art Week 2022, WRE FILMS: Abe & Louies Crispy Pork Belly, WRE FILMS: Gold Standard Omakase at The St Regis Bal Harbour, WRE Films: Joes Waterfronts Back Bay Sangria, WRE FILMS: MOORE 100 x Miami Symphony Orchestra Concert, Locust Projects 25th Anniversary Benefit Dinner. Masoud Shojaee (born 3 August 1959 Tehran, Iran) is an American philanthropist, entrepreneur, CEO and Chairman of the Board of Shoma Group which is a real estate development company based in Miami specializing in residential and commercial projects. Some of Shojaee's and Shoma Group's more recent projects include Shoma Ten30 South Beach, a boutique low-rise condominium in Miami Beach, and three mixed-use developments with luxury apartments and retail space totaling over $600 million: Shoma Bay in North Bay Village ($200 million), Shoma One near Coral Gables ($220 million), and Shoma Village in Hialeah ($200 million). His world changed on a dime, and he was literally on his own, Hall said. Since getting his start in the industry, Shojaee has developed a unique visionary insight into how to identify as well as invest in up-and-coming parts of the city typically overlooked by other developers. I love to work, he said. Hialeah, FL - October 20, 2021 - On Wednesday, October 20th, real estate power leader Masoud Shojaee, President and Chairman of the Board of Shoma Group, honored Hialeah's Mayor Carlos Hernndez at his latest forthcoming development, Shoma Village, to recognize the mayor's decade of service as his term comes to a close.Shojaee spoke about the mayor's support of his effort to bring a . Stanley Price: Have a check for him 'cause he's, he's very hungry. Masoud Shojaee, president of Shoma Development, had ambitious plans for the 45-acre property -- a pedestrian-friendly town center that would combine 900 residential units with 200,000 square feet of retail space and 150,000 square feet of office space. Stanley Price: Yeah, he, he wanted $50,000 and I said you'll take $20,000 and you'll get a, get a bonus of $30,000 when the zoning's delivered to us. t may be hard to believe that the man who today oversees a vast empire of real estate development in South Florida, who relishes the riches of his success driving a Rolls-Royce Wraith and sporting the latest fashions from Bijan and Dior was once a frightened 18-year-old, completely alone in the U.S. as a freshman at the University of Miami, in exile from his home country, where a revolution was just beginning. Under Masoud and Stephanies watchful eyes, Shoma Group has meticulously constructed impactful projects like the sold-out $150 million Oasis Park Square and $102.5 million Sanctuary Doral Park, with another eight same-scale projects currently in the works. Four months later, the Iranian revolution began. IBT Fast Start - Let the best of International News come to you. Shoma Group officially topped off construction at Ten30 South Beach, a luxury boutique condominium scheduled to open in 2021. Shojaee also knows exactly what he wants from a sartorial perspective. It may be hard to believe that the man who today oversees a vast empire of real estate development in South Florida, who relishes the riches of his success driving a Rolls-Royce Wraith and sporting the latest fashions from Bijan and Dior was once a frightened 18-year-old, completely alone in the U.S. as a freshman at the University of Miami, in exile from his home country, where a revolution was just beginning. Due to the city's exciting nightlife and entertainment options as well as its beautiful weather and beaches, the Miami and South Florida real estate markets have been on the rise for a few years now. Furthermore, Shoma Group put together a $102.5 million deal for their 226-unit project, Sanctuary Doral Apartments fairly recently. SPONSORED - In celebration of the upcoming debut of the areas most exciting new restaurants at Shoma Bazaar food hall, Miami-based developer Shoma Group hosted an exclusive evening at Sanctuary at Doral featuring the latest in Doral dining in partnership with Braman Miami. A man's private jet gift to his wife got many people talking online. Some people said the man did not raise the bar for how to show love, he removed it totally. The deal was that Shojaee would put up all the equity, and bank financing would provide the rest of the funds. While friends note his generous character and sartorial sensibility, theyre just as apt to muse about his determination and focus in business. In fact, when Shojaee first started investing in Doral, it was not even an official city. In 2008, amid the downturn, he sold all the inventory for more than $150 million, he said. When the woman saw the gift, she could not close her mouth. Miami, FL March 4, 2021 In celebration of the upcoming debut of the areas most exciting new restaurants at Shoma Bazaar food hall, Miami-based developer Shoma Group hosted an exclusive evening at Sanctuary Doral featuring the latest in Doral dining in partnership with Braman Miami. Masoud Shojaee's Phone Number and Email Last Update. He started his career with a focus on single-family homes because they offer more flexibility: If the market takes a turn, you can switch plans. That is Stephanie Shojaee? Sign up and stay up to date with our daily newsletter. Most recently, the firm partnered with the Related Group, eXp named in explosive sexual assault lawsuit, William Lauder lists Palm Beach properties for record $200M, Time to shred: Dealmakers hit the slopes this ski season, Commercial real estate continues to get pummeled. This unique Moroccan estate in Coral Gables owned by Miami developer Masoud Shojaee has resurfaced for $12.9 million ($1,036 per square foot), down nearly 20 . Serving as a kickoff for upcoming regularly scheduled events that will take place year-round at Sanctuary Doral for residents and commercial tenants, hosts Shoma Group and Braman Miami rolled out the red carpet as event-goers enjoyed cocktails and delicious samplings from the participating restaurants getting a true taste of whats to come once Shoma Bazaar officially debuts this Fall. eceiving the Mercedes Benz car in the post. The invitation only culinary event featured 7 of the 14 artisanal vendors that have signed on to open the food hall including B.F.F. While other friends of his with similar nest eggs wasted the money or partied it away, Shojaee used the funds to launch his career. Those who know Shojaee also call him a generous friend. Shoma Group Reveals Elevated, New Look Renderings Of Shoma Bay In North Bay Village, Shoma Group Launches Condo Sales At Shoma Bay In North Bay Village, Shoma Group Delivers Mixed-Use Multifamily Shoma Village In Hialeah, Shoma Group Acquires 2.5 Acre Transit-Oriented Site in Coral Gables To Develop Shoma One Mixed-Use Multifamily, Mid-Century Modern Condominium Ten30 South Beach Sells Out Before Completion, Shoma Group Sells Sanctuary at Doral 226-Unit Multifamily For $102.5 Million, PROFILE Exclusive Podcast Season 1 Episode 1 Featuring Masoud And Stephanie Shojaee of Shoma Group, Shoma Group Sells 10 Units At Luxury Boutique Condo Ten30 South Beach In 15 Days, Inside "A Taste Of Shoma Bazaar" At Sanctuary At Doral, Hosted By Shoma Group And Braman Miami, Ten30 South Beach Hosts Socially Distant Party To Celebrate Top Off, Global Financial Services Firm Rothschild To Open Miami Office At 830 Brickell, Coastal Italian Outpost 'La Fuga' Opens At Kimpton Shorebreak Fort Lauderdale, The Continuum Company Acquires North Bay Village Development Site For $35 Million. He recently sold two Challengers and currently owns a Challenger 604 for his corporate use. A son, Ogbonnaya, remembered the promise he made years ago when he was just a fresh graduate and wind blew off the roof of their house. Their former home, a Moroccan estate in Coral Estates, is on the market for $12.95 million. Sign up to stay up to date with the latest in Miami residential and commercial real estate news and content. Parker of Douglas Elliman, which is now handling sales at Eleven on Lenox, calls Shojaee a visionary.. Andrew Hall, Shojaees friend and managing partner at Hall, Lamb, Hall & Leto, who represents him in the Collection Residences and Collection suits, said litigation is par for the course. Your support matters. The man bought his beloved wife 2 cars to mark their 8th wedding anniversary. On-site tastemakers were treated to the first taste of whats to come at Shoma Bazaar, a 14,000-square-foot innovative food hall that will be situated at the main entrance of Sanctuary Doral, a newly-opened six-story luxury rental community. Make a one-time donation today for as little as $1. Pin. Visitors 26309 Articles 5079 Articles View Hits 4006600 Stanley Price: Importantly, we gotta get Ralph to champion this thing through for us. Masoud Shojaee, president of Shoma Development, had ambitious plans for the 45-acre property -- a pedestrian-friendly town center that would combine 900 residential units with 200,000 square feet . Stanley, did you discuss any fees with him? Originally founded in 1988 by company CEO Masoud, Shoma Group has blossomed over its 34 years of operation into developing more than 65 development projects, one million square feet of office and retail space, and handled more than $5 billion in real estate transactions. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This Website Is Dedicated To Carlo Acutis, SUBMIT A PRAYER REQUEST TODAY Don't IGNORE, [Download Music] Dunsin Oyekan I PROCLAIM, Full List: E.W. April 14, 2005 Please visit the official Government information portal for Coronavirus by clicking HERE, welcomed in more new residents during 2022s first quarter, Miami metro area government greenlighted the development, Stephanie Shojaees new headline-grabbing position as Shoma Group President. Hall said Shojaee and he have a group of highly accomplished mutual friends, including high-profile attorney Scott Baena and others he declined to name. Masoud and Steph Shojaee have been married for 11 years Pay attention: Become TUKO.co.ke ambassador - get a branded T-shirt, hoodie or water bottle at our TUKO Shop! 465k Followers, 138 Following, 277 Posts - See Instagram photos and videos from Stephanie Shojaee (@stephshojaee) stephshojaee. The woman revealed that even though they had been married for 11 years, the man still found a way to touch her heart. More Updates about her will be shared soon. Hernndez has been a champion for developing Hialeah and has worked closely with Shoma Group and other developers to achieve a vision of a thriving city that would attract new residents and businesses. Working with the government, Shojaee used his investments in Doral and the subsequent investments his developments inspired to convince local officials to denote the area as its own official city. 277 posts. Masoud builds high quality developments in the diverse and growing South Florida. She wrote that after 11 years, the man still found a way to surprise her. Businesses shut down. The 226-unit multifamily property is located at 9400 NW 41st St. Read More Making an impact on the world of Miami real estate is no easy feat, especially as the South Floridian metropolis became one of the globes top living destinations throughout the Covid-19 pandemic a trend thats clearly still going strong, as Miami welcomed in more new residents during 2022s first quarter than it did during the same time period in 2021 when the pandemic was at its peak. With high demand and low supply, modern Miami has become a hotbed for real estate competition, especially considering Miami-Dade county reportedly has the highest volume of real estate agents in the entire United States. And that's a tremendous payday for him. On top of those, theres the developers lengthy divorce that began when his wife, Maria Shojaee, filed in April 2015 after 29 years of marriage. "We gotta get Ralph to champion this thing through for us". Specializing in residential and commercial projects, Shojaee has built over 65 developments spanning more than 10,000 residential units and over 1 million square feet of retail and office space in South Florida. Shojaee essentially had taken a $40-million gamble that the newly minted City of Doral would approve the planning and zoning changes needed to fulfill his vision. During this time, Shojaee was actually famous for taking a helicopter to and from all of his properties, never using a car. Developed and managed by industry veteran Masoud Shojaee, CEO of Shoma Group - who over the past 31 years has developed more than 10,000 homes and condominiums, and completed over $5 billion in real estate transactions - Shoma Bazaar at Sanctuary Doral is the firm's first food hall concept and represents the first of many future Shoma . An Iranian native, Masoud immigrated to the United States in 1978 before founding Shoma Group a decade later. A confidential source provided New Times with a copy of the taped conversation, which probably took place in May or June 2004. We get a reputation in South Florida for being flashy. We saw more of a trend that [buyers] are willing to pay more money and want a different product, so we changed to that, he said. There is not much information on Masoud Shojaee and Stephanie Mejia's wedding. She added that she loves the red carpet treatment that was also given her. Beyond his real estate entrepreneurship and investment, the billionaire real estate mogul is a passionate philanthropist as the Shoma Group founder is involved in the University of Miami's School of Communication scholarship fund with an entire hall named after him (the Shoma Hall), World Vision, St. Jude Children's Research Hospital, and many other charitable endeavors. She is about 43 Years Old , She shared the picture On IG With Caption , OMG!! The 57-year-old founders joie de vivre is as notable as the scale of his firms productivity. TUKO.co.ke previously reported that a young man took to Twitter to share the news that he bought his mom a car for her 40th birthday. Masoud and Stephanies close relationship is able to thrive both inside the workplace and out of the office thanks to their overlapping interests, deep-seated love for one another, and of course, a shared passion for development. While many investors are finally realizing Miami's and South Florida's value, Masoud Shojaee, CEO and Chairman of the Board of the award-winning real estate development company Shoma Group, has believed in the region for over three decades. We celebrate each others wins and play on the same field for the same team.. local news and culture, Francisco Alvarado The company's current projects include. I came up with better ideas and new ideas, to be more creative, to have a better design on the houses, to be a little bit innovative, to introduce new products.. ", With no plans to slow down, Shojaee and Shoma Group are just as bullish on Miami and South Florida as ever. The man bought his beloved wife 2 cars to mark their 8th wedding anniversary. From its first day as a city, June 24, 2003, until this past October 1, Doral relied on Miami-Dade County's existing master plan and zoning laws. Miami-based developer Shoma Group has launched sales for Shoma Bay, a 21-story, 327-unit condominium on the corner of the 79th Street Causeway and East Treasure Drive in the waterfront community of North Bay Village. On 18th December 2021 , Her husband Masoud Shojaee Gifted her a Private Jet. So in 1988, at 27, he started Shoma Development with 10 employees. Masoud received a Bachelor of Science degree degree f rom University of Miami and a Master of Science degree from University of Miami. Shojaee purchased 237 lots on Northwest 6th Street and 132nd Avenue for nearly $9 million, and developed homes on the property. The topping off ceremony included real estate brokers, VIPs, community leaders and partners in the project invited to a socially distanced cocktail party with music and hors doeuvres. Gospel was once bitten by love as the woman he wanted to marry years ago jilted him a few days to their wedding when all plans had been made. Abreu had partnered with the Somoza family of Nicaragua to develop hundreds of lots at Sunset Harbour, at Sunset Drive and 127th Avenue, and was ready to cash out. As the wife of Shoma Group founder Masoud Shojaee, Stephanie Shojaee has helped transform the Miami-based development company into a modern multi-billion dollar empire through her role as. In addition, in Coral Gables, Shoma has built custom homes and townhomes and recently renovated the companys new headquarters at 201 Sevilla Avenue, where Shojaee works with his two daughters, Anelise, 31, and Lilibet, 28. Since 2015, Shojaee has sold over $400 million of real estate projects in Doral. The developer teamed up with the projects exclusive sales broker Fortune Development Sales to host a ceremony to commemorate the occasion. In Miami Beach, Shoma is planning a luxury townhome project, Eleven on Lenox, with construction expected to begin in the first quarter of 2018. After its successful sell-out, Shojaee decided he was ready to strike out on his own. Shoma remains busy, working on six projects, planning four more and looking at single-family home construction in the Boca Raton area and Delray Beach. We wake up with the same exact goals, same aspirations, same desire to win, same desire to succeed, says Stephanie.