Father’s Day could be awkward for Masoud Shojaee, as he finds himself in a legal tussle with a trust benefiting his daughters. Specifically, Duarte-Viera noticed financial irregularities involving Shojaee exploiting Santa Fe’s cash accounts, the complaint states. While it’s relatively simple to predict his income, it’s harder to know how much Masoud has spent over the years.Masoud Shojaei is a Gemini and was born in The Year of the Rat Masoud Shojaei holds an estimated net worth of … Shojaee responded through his attorney, Jose Ferrer. But opting out of some of these cookies may have an effect on your browsing experience. By clicking Subscribe you agree to our Privacy Policy. Rolls-Royce ambassador. *Dressing well is a form of good manners shomagroup.com/aboutshoma. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. Shojaee and his wife each donated $250 to the 2004 campaigns of county Commissioners Carlos Gimenez and Natacha Seijas, and to mayoral candidate José Cancela. Post navigation ← Previous maria shojaee net worth. All rights reserved © 2021 The Real Deal is a registered Trademark of Korangy Publishing Inc. Mom to Pebbles. “With that said, the claims have no legal merit and will be vigorously defended in court.”. Lawsuits haven't distracted Shojaee from his interest in politics. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. ©2021 Miami New Times, LLC. Since we started Miami New Times, it has been defined as the free, independent voice of Miami, and we would like to keep it that way. CMO at Shoma. About Us, According to federal campaign-finance reports, Masoud Shojaee donated $10,000 to the state Republican Party in 2004. In 2003, through three companies he controls, Shojaee donated $5000 to the winning candidates in Doral's inaugural election to create a city council. Masoud Shojaei’s Personal Life. Father’s Day could be awkward for Masoud Shojaee, as he finds himself in a legal tussle with a trust benefiting his daughters. The Moroccan style home hits the market amid his messy divorce from wife Maria Lamas Shojaee, according to a recent article from The Real Deal. CALIFORNIA RESIDENTS: California Privacy Policy | California Collection Notice | Do Not Sell My Info. Masoud Shojaei stands over 6 feet and 1 inch tall and weighs about 73 kg. Try again later. Support Us The companies were formed over a thirty-five year period with the most recent being incorporated five months ago in September of 2020. Use of this website constitutes acceptance of our terms of use, our cookies policy, and our privacy policy. Javascript is disabled in your web browser. Read More 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 Convert documents to beautiful publications and share them worldwide. “Mr. Careers, Forty-Three of the companies are still active while the remaining 152 are now listed as inactive. Brickell City Centre developer sues Arquitectonica, contractors over alleged defects, Fisher Island homeowners sue to recover more than $11 million in allegedly “unlawful” assessments, Chetrit’s Tides hotel on Ocean Drive faces $45M foreclosure lawsuit, Australian investors sue East End Capital over downtown Miami office building, Thor Equities sued over alleged unpaid loan on Stefano Ricci Miami Design District store, Neighbors sue to overturn approval of Dezer’s mega project in North Miami Beach, South Florida’s juiciest real estate lawsuits of 2020, Turnberry Isle condo association sues Jeffrey Soffer affiliate over lobby repairs. In its lawsuit, M&M asserts that it was unaware Shojaee was making cash withdrawals from Santa Fe’s accounts and alleges that he used the funds for personal purposes that were completely unrelated to the rock mining rental company. Masoud Shojaee, President of Shoma Group said, adjustment of the basis for these properties via recapitalization efforts, such as the one with New Boston, is the most feasible option for completion of projects during these very difficult economic times and delivery of … Masoud Shojaee is Santa Fe’s managing director. 504.1k Followers, 336 Following, 146 Posts - See Instagram photos and videos from Masoud Shojaei (@masoudsshojaei) We are having some technical difficulties. Posted on February 15, 2021 by February 15, 2021 by The suit alleges he has been secretly siphoning the firm’s available cash to pay and support his … You can help by participating in our "I Support" membership program, allowing us to keep covering Miami with no paywalls. We also use third-party cookies that help us analyze and understand how you use this website. Offering our readers free access to incisive coverage of local news, food and culture. Round-up of top news and topics for each of the following cities: Editorially-curated headlines and news to know for the following areas: The numbers behind office leases, retail, sales and financing. Shojaee, chairman and president of Shoma Group, is one of the most prolific builders in Miami-Dade County. These cookies do not store any personal information. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. He is a Muslim by religion. 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. More recently Shoma paid $69 million for the Greens at Doral, a 440-unit apartment complex the developer intends to convert to condos. Join the New Times community and help support independent local journalism in Miami. Through seven of his corporations, Shojaee contributed $3500 to state Rep. Ralph Arza's unopposed re-election. Masoud Shojaee is facing another legal entanglement involving his daughters. All rights reserved. Shoma is also converting a portion of the Fontainebleau Golf Club to a 1900-unit condominium complex. Support the independent voice of Miami and help keep the future of New Times free. He is a married man as revealed by many sites. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Shoma also secured a $17.6 million construction loan last month for the company’s Ten30 South Beach boutique condo project. 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. In 2002 the Miami Herald reported similar problems at the nearby Harbour Lakes development, also built by Shoma. Posted on February 15, 2021 by February 15, 2021 by Masoud Shojaee and his wife Maria, both 46 years old, incorporated Shoma Development Corporation in 1988. He also contributed $2000 to the U.S. Senate campaign of Mel Martinez. It is mandatory to procure user consent prior to running these cookies on your website. Please Allow Javascript and reload this page. Ten Ways Miami Sporting Events Will Be Different in 2021. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

The Moroccan style home hits the market amid his messy divorce from wife Maria Lamas Shojaee, according to a recent article from The Real Deal. Masoud Shojaei is enjoying his life and spending his earning to travel and dine in the most expensive places and restaurant to indicate his lavish lifestyle. His current market value as of December 2018 is £450,000. Shojaee allegedly made cash withdrawals through March 2020 for more than $7 million, according to the complaint. 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. Post navigation ← Previous masoud shojaee wife. The suit alleges he has been secretly siphoning the firm’s available cash to pay and support his lavish personal lifestyle since 2015. These cookies will be stored in your browser only with your consent. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox, Miami Restaurant Directory: Takeout/Delivery/Dine-in. Developer Masoud Shojaee has filed a lawsuit in Miami-Dade County Circuit Court accusing his former partner, Ugo Colombo, of attempting to … Staff, Masoud Shojaee is Santa Fe’s managing director. Gonzalo Dorta, M&M’s lawyer, did not respond to two email messages seeking comment. Today it is one of South Florida's preeminent residential builders. Today it is one of South Florida's preeminent residential builders. Though Shoma has been active in the tri-county area, lately it has concentrated on West Miami-Dade, Doral in particular. Help, Miami's independent source of local news and culture. 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 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 Modern design-inspired Miami Beach condominiums. https://shomagroup.com/the-making-of-masouds-shojaee-empire Regardless, Shoma Group CEO Masoud Shojaee said he hopes to obtain a building permit for Shoma Douglas by the end of 2020 and break ground in February or March of next year. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The Miami New Times may earn a portion of sales from products & services purchased through links on our site from our affiliate partners. Terms, We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. In May of last year, Shoma paid $39 million for the former Ryder System headquarters in Doral. Shojaee is saddened by the fact that a personal family matter has come to this stage,” Ferrer said. According to M&M’s 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 Shojaee’s direction. This category only includes cookies that ensures basic functionalities and security features of the website.