"Once I stayed here in Miami, it felt like home; now my kids have Master's Degrees from UM as well" said Shojaee. His company in Honduras ( Jose Lamas S. de R.L) appearsin reports by environmental activists as logging illegally with the logs passing through Miami based Aljoma Lumber (which was sold to Universal Forest Products in 2007 for $53.5 million). Masoud Shojaei - Net Worth 2023, Age, Height, Bio, Birthday, Wiki Mr. Masoud Shojaee applies his vision and extensive knowledge of high-quality, development and construction to the diverse and growing South Florida real estate market. As a result, he furthered his studies, obtaining a master's degree and taking additional classes towards a PhD. [3][4] He married to Stephanie Shojaee in the year 2018. They work with their father at the Shoma Group. Shojaee has made approximately $300 million from the sales of a number of his Doral projects since 2015. The couple were married in 1984 and started Shoma Group together. 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Advertise with us Overview of Stephanie Shojaee Lives in: Coral Gables, Florida Age: 38 Gender: Female Race: White, Not Hispanic In the early stages of the audit Mr. Shoajee had supported the view that Mr. Lamas had worked at Shoma on a regular and continuous basis - at least 10 hours a week. Working closely with one another across Shoma Group's operations, Stephanie and Masoud have become a tour de force power couple that's leading the U.S. real estate industry, balancing out each other's respective strengths to run the well-oiled machine that is the Shoma Group of today. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Sorry, you have Javascript Disabled! With his mixed-use developments, Shojaee has established a reputation as a visionary developer with the tenacity and aptitude to spot possibilities in underdeveloped areas and set the foundation for appealing, emerging communities. In the IRS view Mr. Lamas had not been "materially participating" in the entities that flowed through losses that created the net operating loss. Stephanie Shojaee is the wife of the president and chairman of the board of Shoma Group, Masoud Shojaee. He became one of the most sought-after baseball candidates in South America while still a teenager. The work included a derivative lawsuit against Mr. Shoajee, work with an advisor to develop financing for Shoma and investors and purchasers of its projects and work as Shoma's treasurer. Now, Shoma (Now Shoma Group) is one of the largest real estate development companies in South Florida. Located at 3650 Bird Road, the parcel sits adjacent to South Dixie Highway, less than three miles from the University of Miami . Finally, Mr. Shojaee took a business opportunity away from Shoma. Mr. Shojaee, while acting as president of Shoma and Greens, had used Shoma's assets for personal gain and usurped Shoma's business opportunities for another business he controlled. The pair incorporated the Shoma Development Corporation together two years after they tied the knot, with Masoud taking the role of president, and Maria, the role of secretary. In 2021, Shoma Group sold Doral apartments for $102.5 million. Shirin Oskooi Net Worth With a Masters Degree and a Ph.D. under his belt and a lifetime of knowledge passed down from his developer father, Shojaee had a plan. In 2021, Shoma Group sold Doral apartments for $102.5 million. Shoma wins $10M verdict against Colombo-owned company Mr. Shojaee used Shoma to guarantee loans for Masmar, a business that he and his wife owned separately from her family. Shoma Village Development Ad Dubs Hialeah "The Brooklyn of Miami Reels. He is also quite vocal about corruption plaguing Iranian football and raised his voice against child sexual abuses. Shoma Group Builds Rooftop Lounge At Company's HQ Without Permits Shattering glass ceilings since she entered Shoma Group as Chief Marketing Officer (CMO) in 2013, Stephanie Shojaee's promotion to president of the multi-billion-dollar Miami development company adds some much-needed representation for women and the Latin community in top-level executive leadership positions. Not much information is available about the marriage of Masoud and Stephanie Mejia. Shoma Group Appoints Stephanie Shojaee as President How many children does Masoud Shojaee have? But what else do you know about Shojaee? He made his debut against Panetolikos F.C. (Stephanie Shojaee age) How old is Steph Shojaee? Masood Shozai is a real estate developer, he is the current CEO of Shoma Group, a real estate company in Miami. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. The Shoma Group is a real estate development company based in Miami specializing in commercial and residential projects. Stephanie Mejia Shojaee Net Worth - Rolism Shoma Group - Overview, News & Competitors | ZoomInfo.com The price dropped to $12.9 million in August 2017. She came into the spotlight after marriage with Miami-based billionaire Masoud Sh. Aside from real estate, Shojaee has dabbled in the aviation industry. And of course, sometimes they don't find the logs credible either. Frank Lloyd Wrights Final Design, Auctioned Last Year for $1.7M, Now Asks $8M. Not so for $5 billion dollar Miami development giant Shoma Group's Stephanie Shojaee, who has helped catapult the firm into new levels of success from her position as company Chief Marketing . First arriving in Miami Florida august of 1978, Mr. Shojaee had a group of friends that urged him to try The University of Miami rather than going to UCLA as he had originally planned. Masoud Shojaee, Shoma Group, Miami Shojaee applies his vision and extensive knowledge of building high-quality developments in the diverse and growing South Florida real estate market. Instead of making this contribution from his personal funds, Mr. Shojaee caused Shoma to donate $1.5 million on his behalf. Lawsuits haven't distracted Shojaee from his interest in politics. Although there is no exact figure for how much this company is worth, it has earned billions of dollars since its inception, the company has completed more than $5 billion in real estate transactions. Stephanie Shojaee Stephanie Shojaee. The Miami-based developer bought a 2.5-acre lot, currently home to Deel Volvo, for $34 million. That partner was Masoud Shojaees first wife, Maria Lamasthe daughter of Aljoma Lumber founder Jose Lamas. Privacy Policy After the first two successful projects, Shojaee struck out on his own, founding the real estate company Shoma Development in 1988. Tucker Carlson Net Worth 2023: Salary Inheritance Fox February 1, 2023 February 1, 2023 February 1, 2023 A post shared by Stephanie Shojaee (@stephshojaee), Article below seen on Celebs How Youtube channel. Later Mr. Shoajee would tell the IRS that as a family business, there was no record kept of hours worked by officers and directors. As of 2019, Masoud Shojaei has an estimated net worth around $1 million, including his income and assets. Shojaee's father had a sizable construction business in Tehran, Iran, which completed government projects. Shojaee and her husband, Masoud Shojaee, collectively owned 60% of Shoma, 2 and Mr. Lamas and Alejandra Lamas each owned (directly or indirectly) 20%. Last year homeowners living in the Courtyards at Nautica in Miramar filed a class-action lawsuit against Shoma and Masoud Shojaee, charging that their homes cannot withstand hurricane-force winds, as required by the South Florida building code. He was still under 30 when he founded the Shoma Group in 1988. Instead of making this contribution from his personal funds, Mr. Shojaee caused Shoma to donate $1.5 million on his behalf. Masoud Shojaee Net Worth 2023: What valuable favors did he give to his She is a white, not hispanic female registered to vote in Miami-Dade County. Masoud surprised his wife with a customized private jet in the color, white and red, for Christmas. He also contributed $2000 to the U.S. Senate campaign of Mel Martinez. Stephanie Shojaee Net Worth: Income, Salary, Earnings, Biography & How much money make? But, his friends convinced him to enroll in the University of Miami, from where, he earned a degree in electrical engineering. Her body measurements are around 34-28-36. As a result, they ventured into luxurious homes and townhouses. This case correctly concludes that they are all part of the same development business. Masoud Shojaee was born on August 3, 1959, in Tehran, Iran. Shoma Homes at Grand Lakes, which sold out for $300 million in total, and Nutica in Miramar, which sold out for $400 million and ignited a wave of new development in the area, causing the population to nearly triple over the last 20 years, further cemented Shoma's significance in the industry shortly after. The couple married in 1984 and together they started the Shoma Group. Shojaee is the company's chief executive officer and the chairman of its board of directors. According to federal campaign-finance reports, Masoud Shojaee donated $10,000 to the state Republican Party in 2004. Masoud Shojaee and Maria Shojaee filed for divorce after 30 years of marriage. Of the government's four witnesses, the Tax Court found that only one contradicted his position, that being his brother-in-law. The He signed with the Qatari football club, Al Shahania Sports Club and a scored a memorable hattrick against Al Sadd SC on December 14, 2014. Shoma Development changed tactics in 2007 after noticing changing market trends. Moroccan palace of Miami developer asks $13M - Curbed Miami Stephanie was an executive in the real estate industry and is currently president of the Shoma Group. Then in 1992, he bid $6 million in a government auction of 700 lots. Masoud works as the CEO and Board chairman of the company. For his offensive comments, he was summoned to Ethics Committee of theFootball Federation Islamic Republic of Iran. After leaving Iran, the situation deteriorated in the country, with many businesses suffering. Masoud Shojaee bio: wife, net worth, children, and background Masoud Shojaei is a famous Soccer Player, born on June 9, 1984 in Iran. Shojaee is a real estate developer. To start his business, he partnered with another real estate development company, A&F Developers, their first project was a 48-home property. Tuko.co.ke shared an interesting article about Miguel Cabrera. Read Also: Pnuff Crunch Net Worth: The Biography of a Wealthy Businessman. Trouble was brewing for years at Doral-based homebuilder Shoma Development Corp., but an Internal Revenue Service audit and U.S. Tax Court fight brought the family squabble bubbling to the surface. About his childhood growing up, not much is known. Once I stayed here in Miami, it felt like home; now my kids have Masters Degrees from UM as well said Shojaee. Recently, she got a private jet as a Christmas gift from her husband which made a headline on social media platforms. That is Stephanie Shojaee? Bio, Ages, Husband, Peak, Net Well worth Stephanie Shojaee (@stephshojaee) Instagram photos and videos On 18th December 2021 , Her husband Masoud Shojaee Gifted her a Private Jet. Situations like this are why people who read Tax Court decision don't need to watch soap operas. He made his debut as well scoring his first goal for the side in the same against CE Sabadell FC. He was born in Tehran, Iran, but moved to the United States for his college before settling in the country permanently. Stephanie Shojaee Biography Age , Net Worth And Children After the success of the first two projects, Masoud Shojaee started out on his own, founding the real estate company Shoma Development in 1988. Apart from this, she is a real estate company agent and CEO of Shoma Group. She started in the company's sales division before becoming the Chief Marketing Officer and, most recently, the president. Not much is known about his life growing up, as he did not attract much public interest until years later when he became successful in the US. Unfortunately, there are no exact figures for Shojaee's salary. Shoma Group & Braman Miami Host "A Taste of Shoma - World Red Eye Heir Of Honduran Timber Fortune Wins Large Refund In Tax Court - Forbes Who are Stephanie and Masoud Shojaee? inside the power couple - GQ Later when his father retired, he sent more money, but Masoud left a tidy portion that he could invest. April 14, 2005 4:00AM Masoud Shojaee and his wife Maria, both 46 years old, incorporated Shoma Development Corporation in 1988. Masoud Shojaee - Shoma Now there are many different players in the world of real estate, including appraisers, government and home inspection agencies, as well as potential buyers and sellers. The group is a real estate development company which is based Thursday, February 2 2023 Stephanie Shojaee, who joined Coral Gables-based Shoma in 2013 as chief marketing officer, eventually plans to expand Shoma in the U.S. and parts of. A company led by Shoma Group CEO Masoud Shojaee won a $10 million jury verdict on Oct. 29 against a company owned by condo developer Ugo Colombo of CMC Group. [2023]. independent local journalism in Miami. The real estate mogul was previously married to Maria Lamas (formerly Maria Shojaee). Masoud Shojaee Has Two Daughters - showbizcorner.com Shojaee's success in merging marketing and innovations to Shoma Group's multi-family projects is evident; the Shoma group president's efforts led to the full sell-out of both the company's . A developer wanted more residential units. The city said no, so the His earnings are substantial and his company has many assets, including three private jets. More details about Masoud Shojaee will be shared soon. Billionaire Surprises Wife of 11 Years with Private Jet as - TUKO Read Also: Alexander Shunnarah Net Worth: Biography, Career 2022 (Updated). More details about Masoud Shojaee will be shared soon. Over the next three decades, it would grow exponentially, to include apartment buildings, commercial real estate, and retail space across the region. The city is also the headquarters of his real estate company. Shojaee is part of the owner of the Shoma Group. After beginning his professional playing career at Sanat Naft during 2002/03 season, he moved to fellow Iranian club, Saipa. After years of chatter the design for a "signature bridge" at Miamis core has been chosen, albeit through an iffy selection process that could potentially delay the innately controversial $800 million project. Who is: Masoud Shojaee? | News - Miami New Times He chose to invest in real estate industry. Besides playing for several Asian football clubs, he has played for Spanish sides like CA Osasuna and UD Las Palamas. On top of that, when his father retired, he sent more money, leaving him with a tidy sum that he could invest. You may opt-out by. He is an Iranian international player and currently playing for Persian Gulf Pro League side Tractor Sazi F.C. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. Check Background Get Contact Info This . Under Stephanies leadership, the firm had seen profits increase by 30% and boosted the companys gender diversity. Gerardo Gabriel biography: wife, height, weight, net worth. Shoma changed its focus from mid-market single-family homes and townhomes to luxury homes and multifamily properties in 2008 after developing a sizable portfolio of residential and commercial projects in dozens of South Florida cities. "Manejo una cartera diversa de proyectos con ms de 5 mil millones de dlares en transacciones y mucho ms en el horizonte. Masoud Shojaee Net Worth 2021 - Funsivly Furthermore, Shojaei joined Tractor Sazi F.C. Who are Masoud Shojaee's children? The biography of Wajackoyah's running mate, Where does DanTDM live? Today it is one of South Florida's preeminent residential builders. Shojaei made his debut for Osasuna against Villarreal CF on August 31, 2008. people who read Tax Court decision don't need to watch soap operas. on a three-year contract, on 2 August 2018.