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Poof! Judge dismisses foreclosure lawsuit against Masoud Shojaee 
Business

Poof! Judge dismisses foreclosure lawsuit against Masoud Shojaee 

February 6, 2025February 6, 2025

In one of the shortest lived foreclosure actions, City National Bank of Florida resolved a loan dispute with developer Masoud Shojaee in less than a

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More trouble: Another lender accuses Shoma’s Masoud Shojaee of not repaying loan
Business

More trouble: Another lender accuses Shoma’s Masoud Shojaee of not repaying loan

January 9, 2025January 9, 2025

For the second time in a one-month span, Shoma Group CEO Masoud Shojaee is being sued for allegedly welching on a mortgage debt.  City National

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Loan trouble for Miami Real Housewife and hubby? Lender sues Stephanie and Masoud Shojaee over allegedly unpaid M debt
Business

Loan trouble for Miami Real Housewife and hubby? Lender sues Stephanie and Masoud Shojaee over allegedly unpaid $11M debt

December 13, 2024December 13, 2024

Masoud and Stephanie Shojaee are facing off against an aggressive lender seeking repayment of a $10.5 million loan. On Tuesday, an affiliate of Delaware entity

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Ten30 condo association sues Shoma for alleged construction defects
Business

Ten30 condo association sues Shoma for alleged construction defects

December 5, 2024December 5, 2024

Shoma Group developed a shoddy luxury boutique condo project in South Beach, a new lawsuit alleges. The Ten30 Condominium Association is suing the Coral Gables-based

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Masoud Shojaee gets grilled in court depo about Shoma bank accounts
Business

Masoud Shojaee gets grilled in court depo about Shoma bank accounts

August 30, 2024August 30, 2024

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

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Evictions Soar at Relevant, Shoma, Coral’s Hialeah Rentals
Business

Evictions Soar at Relevant, Shoma, Coral’s Hialeah Rentals

April 17, 2024April 19, 2024

Citizens in predominantly doing the job-class Hialeah are experience the squeeze from soaring condominium rents, and some are finding slapped with evictions, adhering to a

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