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Residential & commercial Developer .

Building a Legacy
12,000+
Residential, Commercial & Offices Built
6,000+
Acres of Development Built
38+ Years
Of Commitment
6 Billion
Dollars in Real Estate Transactions

As much as the company's plans have evolved over the years, one thing that has never changed is the consistency and popularity of Shoma's projects. As Masoud Shojaee points out, "When asked where they live, our buyers are proud to say they live in Shoma homes."

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Press
Recent
02
Sep
2026
South Florida Business Journal
Shoma Group

Shoma Group Lands $172.5 Million for North Bay Village Mixed-Use Development

Shoma Group obtained a $172.5 million C-PACE construction loan to bring its mixed-use project in North Bay Village across the finish line. Nuveen Green Capital provided the loan to the Coral Gables-based developer for Shoma Bay, which will feature 333 condos, a 36,000-square-foot Publix Super Market, and 15,628 square feet of additional retail […] Shoma Group is led by CEO Masoud Shojaee and President Stephanie Shojaee […] "Securing this financing is a defining milestone for Shoma Bay and a powerful validation of our vision," she said. "Shoma Bay will redefine luxury living in North Bay Village, and we are proud to bring a development of this caliber to South Florida. We're grateful to Newmark and Nuveen Green Capital for their confidence in Shoma Group as we bring this landmark project to life.

02
Sep
2026
NNN Triple Net
Shoma Group

Shoma Group Lands $172.5M C-PACE Loan for Shoma Bay Condominium Project

Miami developer Shoma Group has landed a $172.5 million C-PACE loan from Nuveen Green Capital to develop its Shoma Bay mixed-use condominium waterfront project in North Bay Village, Fla.

02
Sep
2026
Multi-Housing News
Shoma Group

Newmark Arranges $172.5M C-PACE Financing for Shoma Group's 333-Residence Shoma Bay

Shoma Group has received $172.5 million in C-PACE construction financing for Shoma Bay, a 333-unit mixed-use condominium development in North Bay Village, Fla. […] Newmark Capital Markets Strategies President Anthony Orso, Senior Managing Director Daniel Matz, Managing Director Clifford Welden and Vice Chairman Henry Stimler arranged the financing on behalf of Shoma Group.

01
Sep
2026
Commercial Observer
Shoma Group

Nuveen Green Capital Closes $172.5M C-PACE Loan for Shoma Group's Shoma Bay Waterfront Condominiums

Miami developer Shoma Group has landed a $172.5 million C-PACE loan from Nuveen Green Capital to develop its Shoma Bay mixed-use condominium waterfront project in North Bay Village, Fla. Located at 1850 John F. Kennedy Causeway, 10 miles northeast of Downtown Miami, the Shoma Bay development will comprise 333 condo units and retail space anchored by a 36,000-square-foot Publix supermarket. Community amenities will include a rooftop pool deck, a wellness spa, a two-story fitness center, a padel court and coworking spaces.

01
Sep
2026
The Real Deal
Shoma Group

Shoma Group Secures $172.5 Million C-PACE Construction Loan for Shoma Bay in North Bay Village

Shoma Group secured a $172.5 million construction loan for its mixed-use condo tower in North Bay Village. Nuveen Green Capital is providing the C-PACE debt, according to a release from Newmark Capital Markets Strategies, which arranged the financing. Coral Gables-based Shoma, led by Masoud and Stephanie Shojaee, are building the 333-unit condo building. It will include a retail component anchored by a 36,000-square-foot Publix grocery store. […] Nuveen said the Shoma Bay loan marks one of the five largest C-PACE-financed projects in Florida.

03
Jul
2026
Ok Magazine
Shoma Group

Stephanie Shojaee Says 'RHOM' Represents 'Something Bigger' Than a TV Show Amid Pause: 'People Were Emotional'

I would say mutual respect. At the end of the day, love is important, but respect is what gets you through anything. My husband and I genuinely support one another, we communicate openly and we understand that we're on the same team. We don't always agree on everything, but we always remember that, at the end of the day, we have the same goal. And it's team 'us.' Every morning before we leave for work, we look at each other and say, 'It's you and me, babe. Let's go!' It's become an inside joke at this point.

02
Jul
2026
Medium
Shoma Group

Women Leaders Of Real Estate: Stephanie Shojaee of Shoma Group On The 5 Things You Need To Succeed In The Real Estate Industry

Stephanie Shojaee is the President of Shoma Group, an award-winning real estate development firm with more than 11,000 homes, over one million square feet of commercial space, and $6 billion in completed transactions. Since joining as CMO in 2013, she has grown into the presidency while personally shaping every aspect of Shoma’s developments. A Rolls-Royce Phantom Phenom honoree and cast member of Bravo’s Real Housewives of Miami, Stephanie is as well known for her strategic marketing vision as she is for her hands-on leadership style and commitment to building thriving communities.

21
May
2026
Imagen Miami
Shoma Bay

Luxury Residences Redefine Living for Pets

Shoma Bay elevates the pet experience with its Pet Spa by Pebbles.

13
May
2026
South Florida Business Journal
Ponce 8

Shoma Group buys Coral Gables development site for $13M

Shoma Group, led by Masoud Shojaee and The Real Housewives of Miami star Stephanie Shojaee, paid a combined $13.25 million to assemble a development site in Coral Gables.

06
Mar
2026
Fox Business
Shoma Group

Over $126M in 60 days — Florida real estate tycoons say blue-state wealth migration is now permanent

"We’re at roughly $50 million in Shoma Bay alone since the start of the year from New York and California buyers. What’s different now is the conviction," Shoma Group CEO Masoud Shojaee also told Fox News Digital. "People aren’t just looking, they’re signing contracts, and that tells us this has staying power."