They work with their father at the Shoma Group. I dont think he is all about flash. If you create something like this, you are separating yourself from competitors, he said. 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. Public service recognition morale booster for us, says FIRS boss; He partnered with Ernestino Abreu, the founder of A & F Developer, and put up all the equity himself. Parents & Boyfriend Revealed, SYTYCD Season 17: Fans praise Beau for his showmanship, call it a win for inclusiveness, Alisha Boe: Who Is She? Masoud Shojaee has two daughters from his previous marital affair with Maria Lamas. Shoma also secured a $17.6 million construction loan last month for the companys Ten30 South Beach boutique condo project. Then in 1992, he bid $6 million in a government auction of 700 lots and negotiated a deal to get 300 more, developing 1,000 single-family homes on 220 acres, called Tamiami 4 and Tamiami 5. According to M&Ms lawsuit, its trustee Anibel Duarte-Viera became suspicious of certain entries in a 2018 prepared tax return for the trust that was presented to him by an unnamed individual at Shojaees direction. All Rights Reserved. He owns about 3 Private Jets , He is about 63 Years Of Age. Masoud Shojaee has two daughters from his previous marital affair with Maria Lamas. Shojaee, chairman and president of Shoma Group, is one of the most prolific builders in Miami-Dade County. Masoud Shojaei's Career Masoud Shojaee | Maria Shojaee | 515 Casuarina Concourse Lamas is not concerned with the corporate she helped her ex-husband construct. Is it ever going to get well, the place other folks dont suppose that [I] slept [my] method to the highest? Stephanie mentioned at the podcast. Masoud Shojaee is the Chief Executive Officer at Shoma Group based in Coral Gables, Florida. I find it so upsetting. In an uncongenial remark on-line, a Miami realtor claims Masoud Shojaee stole cash from his daughters accept as true with fund to shop for elaborate items for this gold digger relating to Masouds spouse, Stephanie. The suit alleges he has been secretly siphoning the firms available cash to pay and support his lavish personal lifestyle since 2015. Shojaees strategy was to focus on the Hispanic market, advertising the homes on Spanish radio by broadcasting a live breakfast show from the sales office. And portrayed the daughters as ungrateful, spiteful and overall dreadful women who have abused the goodwill and kindness of Mr. Shojaee.. When Duarte-Viera requested source documents to analyze the cash transactions for 2018, the tax return preparer instead provided him with an unusually suspicious promissory note and revolving credit line agreement prepared in 2019 with an effective date of 2015, M&M alleges. She is amongst 31 replies to a remark through @floridaassociationwomenlawyers that still disparages Masoud and Stephanie over his strained dating along with his youngsters. Required fields are marked *. Thursday, February 2 2023. Masoud's daughters have done more than just cut off their father. He was on his own to continue his studies, earning a masters degree in electrical engineering and taking additional classes, aiming for a Ph.D. in the subject. 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. As of 2023, Masoud Shojaees net worth is expected to be 3 billion dollars ($3 Billion). Developer Masoud Shojaees Moroccan style estate in Coral Gables is on the market for $15.9 million amid his messy divorce. In a lawsuit filed on Friday, the ex-wife, Maria Lamas, and daughters, Anelise Shojaee and Lilibet Shojaee, accuse Stephanie Shojaee of defaming them when she discussed her career and her. M&M Life Insurance Trust is suing the Coral Gables-based developer over a lucrative family business that leases land in the western fringes of Miami-Dade County to rock miners and farmers, according to a recently filed lawsuit in Miami-Dade Circuit Court. She shares the same taste for luxury as Masoud does, and is one of only two women in the United States to be appointed as a Rolls-Royce brand ambassador. 2990 Ponce de Leon Boulevard, Suite 300, Coral Gables, Florida 33134, Ex-Mrs. Shojaee sues current Mrs. Shojaee for defamation, South Florida Bookkeeper Sentenced to Over 12 Years in Federal Prison for Support of International Enterprise that Operated Sexually Exploitive Child Modeling Websites, Feds: 3 charged in Mexican migrant worker conspiracy, Florida Man Who Posed as Immigration Lawyer Gets 20-Year Sentence, Florida Monkey Whisperer Is Charged With Illegal Animal Sales, 2 Brothers Allegedly Murdered Fla. The animosity between Shoma Group President Stephanie Shojaee and her husbands daughters and ex-wife has boiled over to Miami-Dade Circuit Court. 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Last month, Stephanie and Masoud Shojaee filed their own defamation lawsuit in Miami-Dade Circuit Court against Miami realtor. Change), You are commenting using your Facebook account. I love to be in my office. You may also like: Ektor Rivera Age, Height, Wife, Net worth, How old is he? Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. He additionally didnt reply to requests for remark. Tutor Perini wins $2.95B NYC jail contract, FC Barcelona Study Playing In Foreign Leagues In Fear Of Possible Sanctions: Reports, 20 Festive Cinco de Mayo Activities for Your Classroom, Flexible lesson plans that meet the reality of the early childhood classroom: A FunShine Express success story, Suki Waterhouse and Robert Pattinson Looked So Cozy On the Met Gala Red Carpet, FDIC recommends raising insured deposit limit for businesses, Abortion clinics crossing state borders spark local disputes, Most California colleges don't offer rape kits on campus. Read More . Shojaee has built a solid reputation in real estate as a quality home developer. Save my name, email, and website in this browser for the next time I comment. Stephanie Shojaee on Marriage to Masoud, Shoma A partnership between Shoma, the Related Group and PGIM Real Estate Investors in late March sold the Flats Apartments at CityPlace Doral for $100 million, the largest South Florida deal to close during the coronavirus pandemic. Masoud Shojaei's Bio and Early Life. Over the next three decades, Masoud and Maria welcomed two daughtersAnelise and Lilibetand built the company into one of the biggest development firms in the state. Masoud married Maria Lamas in 1984 for over thirty years until Maria filed for divorce in April 2015. Shoma Group's Masoud Shojaee on early success, creating new concepts In addition to running the Coral Gables-based development firm Shoma alongside her husband, Stephanie Shojaee is a notable social media influencer with nearly half a million followers on Instagram. Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. Save my name, email, and website in this browser for the next time I comment. In addition to real estate, Shojaee has also worked in the aviation industry, which is how he became successful during the 2008 financial crisis. I love creating things. The company specializes in single-family homes and other commercial real estate. Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. Masoud Shojaee's Daughters Sue Over Doral Project December 02, 2020. . He was born on 3 August 1959 in Tehran, Iran. The group is a real estate development company which is based in Miami. Shojaee attended the University of Miami and earned a Bachelors and Masters degree in electrical engineering. Your email address will not be published. Who are Stephanie and Masoud Shojaee? inside the power couple - GQ PDF Home - Heise Suarez Melville PA However, in April 2015, Maria filed for divorce from Masoud. Masoud Shojaee is one of the owners of the Shoma Group, which is worth billions of dollars. Property records show that within the past year, the homes ownership was transferred from a marital trust to a trust in the wifes name, and now to the wifes name. The suit alleged that the Collections failure to sell Shojaee the Ferrari resulted in Shojaees loss of $250,000, because the Speciales market value rose to $250,000 above its original sticker price at the time of the filing. According to the excerpts, Stephanie claimed Lamas rarely complimented Masoud on his looks and nagged him until he was miserable. Gonzalo Dorta, M&Ms lawyer, did not respond to two email messages seeking comment. Shojaee. During his earlier years, Shojaee said he was primarily focused on mid-market prices for single-family houses and townhomes, but he changed direction after the housing crisis of 2007, opting to build more luxury homes and townhomes priced at $1 million and up. Her posts are usually accompanied with inspirational quotes about female empowerment. Masoud and Maria married in 1986 and started their company, Shoma Group, together. Shojaees aptitude for building is in his blood. And as conditions have shifted toward the end of this cycle, Shojaee, too, is changing tack by shifting to multifamily projects. 3rd Floor, 2200 N Central Ave, He has a wife and two daughters. READ MORE. M&M, whose beneficiaries are Lilibet and Anelise Shojaee, owns a 75 percent controlling interest in Santa Fe Haciendas, the rock mining land rental company, according to the complaint. In addition to running the Coral Gables-based development firm Shoma alongside her husband. Your email address will not be published. This is the second time Stephanie Shojaees 36-minute interview on Divorced Not Dead, a podcast hosted by Bravo reality television star Caroline Stanbury, incites legal action. His daughters' names are Anelise and Lilibet Shojee. While other friends of his with similar nest eggs wasted the money or partied it away, Shojaee used the funds to launch his career. Know more about the talented man in the following lines. The Shojaees have a notable following on Instagram Stephanie has just about part one million fans, and Masoud, who hardly posts, has over 100,000 fans. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Pocket (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), Click to email a link to a friend (Opens in new window), Maria Lamas Shojaees divorce from masoud shojaee. from a bank account of a company owned by a trust benefiting the daughters. Masoud Shojaee First Wife Is Maria Shojaee - showbizcorner.com Their former home, a Moroccan estate in Coral Estates, is on the market for $12.95 million. Save my name, email, and website in this browser for the next time I comment. About Your email address will not be published. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Aaron Leider is an real estate professional. Masoud is married to Stephanie Mejia, who previously served as the Chief Marketing Officer of the Shoma Group and was recently promoted to President of the company. Masoud Shojaee, the real estate mogul has two daughters, Anelise Shojaee and Lilibet Shojaee. Masoud Shojaee is also still embroiled in a legal battle with developer Ugo Colombo, in a dispute linked to a $413,108 Ferrari. 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. The group is a real estate development company which is based. Stephanie has been at the offense with regards to her marriage and her occupation. Your email address will not be published. The Shoma developer power couple did not respond to text messages seeking comment. The suit alleges he has been secretly siphoning the firm's available cash to pay and support his lavish personal lifestyle since 2015. That reduces costs, provides more control, and allows the company to establish relationships with buyers, he said. Masoud received a Bachelor of Science degree degree f rom University of Miami and a Master of Science degree from University of Miami. The group regularly gets together socially for dinner, each taking turns hosting. The company's current projects include. Thats only a style of the imply issues Joanne Silva, an agent with Cervera Actual Property, mentioned concerning the Shojaees in a contemporary Instagram submit. Source: https://therealdeal.com/miami/2023/02/21/ex-mrs-shojaee-sues-current-mrs-shojaee-for-defamation/. The private jet had white and red [] Today it is one of South Florida's preeminent residential builders. Shojaee is saddened by the fact that a personal family matter has come to this stage, Ferrer said. Create a free website or blog at WordPress.com. Who is Masoud Shojaee? He started his early career playing for junior teams of local Iranian football clubs, Sanat Naft, and Saipa FC. In 2021, Shoma offered Sanctuary Dorals condo development to Avanti for $102.5 million. Your email address will not be published. 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. There was a failed hotel development plan in Las Vegas a deal that collapsed in 2007 along with the economy. Disgusting!, The Shojaees allege that Silva posted false, baseless, defamatory, and malicious feedback accusing the Shojaees of attractive in felony conduct. The lawsuit additionally alleges that Silva went on an especially public discussion board to name Stephanie a prostitute.. So in 1988, at 27, he started Shoma Development with 10 employees. He couldnt return to Iran. Masoud is Shomas CEO, and Stephanie is the corporates president. He first started creating single-family homes that turned into neighborhoods of single-family homes. His net worth is estimated to be at least $61 million. (LogOut/ Masoud Shojaee His Current Net Worth is Valued at $61 Billion. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Office tenants shift search to East Bay suburban markets, Real estate lender dodges bullet after Signatures collapse. Masoud allegedly withdrew greater than $7 million to pay and beef up his lavish private way of life since 2015, the lawsuit states. Masoud Shojaee Net Worth 2023: What valuable favors did he give to his Masoud Shojaee is an American billionaire who is married to Stephanie Shojaee, an American entrepreneur. In its lawsuit, M&M asserts that it was unaware Shojaee was making cash withdrawals from Santa Fes accounts and alleges that he used the funds for personal purposes that were completely unrelated to the rock mining rental company. In a contemporary podcast interview, Stephanie shared the couples tale, disclosing information about how Masouds grownup youngsters bring to an end conversation with him, and the way Stephanie feels about probably having youngsters with Masoud. Theres a certain flair to Masoud that is undeniable. In a 2021 amended criticism, Masouds daughters allege that he falsely created a promissory notice so as to deceitfully painting that the money disbursements had been a mortgage that he has to pay again. In 2008, amid the downturn, he sold all the inventory for more than $150 million, he said. The Shojaees were married in 1984 and founded Shoma Group in 1988. Masoud Shojaee is the founder and CEO of the Shoma Group, one of the largest real estate development companies in South Florida. As of 2023, Masoud Shojaees net worth is expected to be 3 billion dollars ($3 Billion). Masoud Shojaee is Santa Fe's managing director. Who is Masoud Shojaee? Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. [Mr. Shojaee and I are] an unstoppable force versus when he was with his ex-wife, who wasnt a workaholic, didnt go to work, didnt really care so much, one excerpt states. The Shojaees sued Silva for defamation final week in Miami-Dade Circuit Court docket. The group is a real estate development company which is based in Miami. Required fields are marked *. She just didnt have social media to flaunt it., In another excerpt, Stephanie Shojaee said Anelise and Lilibet did not appreciate what Masoud Shojaee had provided for them, and that they would rather sacrifice the relationship with their father than have to put up with their father [being] with me., In a third excerpt, Stephanie Shojaee also claimed that Masouds daughters sold homes he bought for them, and changed addresses and phone numbers so he doesnt know where they live.