They have also lived in Miami, FL Lilibet is related to Masoud Lamas Shojaee and Anelise Shojaee as well as 3 additional people. I love creating things. 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. “It is great cash flow and you have no risk, and you sell the building when it’s stabilized, or you decide to keep it, and two or three years from now, when the condo market is great, you do a condo conversion,” Shojaee said. A food and wine aficionado, he’s amassed a 2,500-bottle wine cellar, which includes about 20 bottles of Petrus Bordeaux. With that in mind, Shoma Group dials it up to 11 with its first residential project on Miami Beach, Eleven on Lenox. Shojaee’s 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. Midfielder who began his long tenure with the Iranian national team in 2004.Masoud Shojaei was born in Iran on Saturday, June 9, 1984 (Millennials Generation). He’d brought capital with him from Iran, and his family had sent more money to invest in the United States — an amount Shojaee will only peg as “millions” of dollars. He recently sold two Challengers and currently owns a Challenger 604 for his corporate use. “It really helped me a lot,” he said. “It’s details that I pay attention to.”. But as Shojaee expanded into residential development in Broward and Palm Beach counties, in addition to office development, he needed a way to keep an eye on his many projects. View the profiles of people named Masoud Shojaei. In 2008, amid the downturn, he sold all the inventory for more than $150 million, he said. 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 percent off its … Masoud Shojaee, President of Shoma Group, who over the past 31 years has developed more than 10,000 homes and condominiums, and completed over $4 billion in real estate transactions, believes the time is ripe for his new concept of moderately priced, Mid-Century … On top of those, there’s the developer’s lengthy divorce that began when his wife, Maria Shojaee, filed in April 2015 after 29 years of marriage. “Today, South Florida is a thriving market and Miami has transformed into an exciting city with a banking center, an industrial hub, Cruise Lines, and a multitude of great things to do and experience,” says Shojaee. Doral, FL - March 17, 2017 - One of South Florida’s leading real estate developers, Shoma Group celebrated the grand opening of CityPlace Doral with a ribbon cutting ceremony. “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. Four months later, the Iranian revolution began. The next deal was even larger. . So in 1988, at 27, he started Shoma Development with 10 employees. Shojaee’s ability to adapt to the changing conditions of the market is among the keys to his success. “He has an enormous sense of urgency with everything he does, and that is why he gets so much done,” Patterson said. In April Maria Shojaee filed a motion to sell the couple’s home, and Masoud Shojaee, CEO of Shoma Group, had initially objected to the sale. SHOMA Group is one of South Florida’s most prolific real estate development firms Those who know Shojaee also call him a generous friend. 1,009 Followers, 26 Following, 632 Posts - See Instagram photos and videos from masoud shojaei (@masoudshojaei_r7) 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. “We get a reputation in South Florida for being flashy. Masoud Shojaei's bio is filled with personal and professional info. “If you create something like this, you are separating yourself from competitors,” he said. 637 Followers, 474 Following, 93 Posts - See Instagram photos and videos from ـعؤڋ ომʂօմძ مَســــ (@masoud.shojaei) Summary: Maria Shojaee is 62 years old and was born on 12/12/1958. . Shoma Group is a South Florida real estate development firm. Parker of Douglas Elliman, which is now handling sales at Eleven on Lenox, calls Shojaee “a visionary.”, “There’s a certain flair to Masoud that is undeniable. Shojaee is also planning to build 180 apartments and 50,000 square feet of retail space at 1515 San Remo Avenue, across from the Shops at Sunset Place. Businesses shut down. “I am generally conservative,but I am a risk taker with a very calculated risk. I t may be hard to ... On top of those, there’s the developer’s lengthy divorce that began when his wife, Maria Shojaee, filed in April 2015 after 29 years of marriage. Shoma still owns 50 percent of the property planned for the Collection Residences. I have to study everything.” Most recently, the firm partnered with the Related Group on CityPlace Doral, a mixed-use project. The group regularly gets together socially for dinner, each taking turns hosting. 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. Every location has it’s nuances depending on the economy of their own countries of origin for instance.” says CEO and chairman of the board Masoud Shojaee. He likes finer things in life, but he is respectful and disciplined.” 504.1k Followers, 336 Following, 146 Posts - See Instagram photos and videos from Masoud Shojaei (@masoudsshojaei) 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. Supplied with seed money from his father, who was a developer in their native Iran, Shojaee began his career in building well before he turned 30. I would not just close my eyes and throw a drat. “You receive a lot of money when you are 18 years old, that is a recipe for disaster: You are not competent to do much… .He took off and was terrifically successful. Whitepages people search is the most trusted directory. “People are coming from the Middle East, Japan, and so many different countries around the globe looking for the quintessential Miami lifestyle.”. Join Facebook to connect with Masoud Shojaei and others you may know. After finishing his degree and then receiving his M.S.E.E in Electrical Engineering in 1985, he decided to start a venture in real estate and the concept of Shoma was born. Mr. Shojaee made a personal pledge to the University of Miami for $1.5 million, and in exchange for this donation the university was going to name a [*5] facility after Mr. Shojaee. “Once I stayed here in Miami, it felt like home; now my kids have Master’s Degrees from UM as well” said Shojaee. Their former home, a Moroccan estate in Coral Estates, is on the market for $12.95 million. It was the mid-1980s, during the savings and loan crisis, “a good time to start looking for properties,” Shojaee recalled. The legal battle between developers Masoud Shojaee and Ugo Colombo has gone from zero to 100 — with a new $413,108 Ferrari brought into the fray. “I am generally conservative, but I am a risk taker with a very calculated risk,” he said. He’s respectful and firm and he knows what he wants and is relentless in getting it,” Parker said. Tenant Screening. “His world changed on a dime, and he was literally on his own,” Hall said. “The key is understanding the different market sectors and building the product that best aligns with their individual wants and needs, always giving them something fun and exciting to experience.” The deal was that Shojaee would put up all the equity, and bank financing would provide the rest of the funds. I love what I do.”. Although he has completed dozens of successful projects — as many as 10 at a time — Shojaee has also had his share of struggles and lawsuits.
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