In an intense court deposition this month, Masoud Shojaee was grilled about multiple bank transfers involving affiliates of his Coral Gables-based firm, Shoma Group. The
Category: Business
Lease roundup: FIFA opens permanent office in Coral Gables ahead of 2026 World Cup
FIFA | Coral Gables FIFA expanded its South Florida office ahead of the 2026 World Cup, with plans to keep the space permanently as a
Joe Farrell launches sales for 27 luxury single-family homes in Wellington
Spec developer Joe Farrell is launching sales for 27 luxury single-family homes in Wellington’s Palm Beach Polo & Country Club. Prices for the planned Wellington
Affiliated scores $50M construction loan for West Palm multifamily project
Affiliated Development started construction of a planned West Palm Beach apartment building after nabbing a $50 million loan. Bank of Montreal provided the financing for
Pembroke Pines condo complex deemed structurally unsafe to hit the market
A Pembroke Pines condo complex that was evacuated following monthslong structural safety concerns and allegations of prior board members’ mismanagement will hit the market. Heron
Fred and Aaron Karlton buy waterfront Sunset Islands teardown, plan spec mansion
Karlton Companies bought a waterfront teardown on the Sunset Islands in Miami Beach, with plans to build an ultra luxury spec mansion, The Real Deal
Panattoni picks up former Miami Herald headquarters in Doral
Panattoni Development jumped into the Doral office submarket, picking up a two-story building that previously housed the headquarters for Miami Herald and El Nuevo Herald.
Waterfront Hibiscus Island mansion sells for record $40M
A waterfront mansion in Miami Beach traded for $40.3 million, setting a record for home sales on Hibiscus and Palm islands. A company managed by
Elliman’s Thor Brown jumps to Compass in Palm Beach
Palm Beach agent Thor Brown is jumping from Douglas Elliman to Compass, the latest move in the island’s brokerage turf battles. Brown, who has closed
Q & A: Michael Swerdlow dishes on Overtown project and other recent deals
For nearly a half-century, Michael Swerdlow has been a driving force in retail and mixed-use development in Miami-Dade County. In the early 2000s, the Coconut