Masoud Shojaee is widely recognized as one of the most influential real estate developers in South Florida. Best known as the founder and CEO of Shoma Group, he helped transform parts of Miami-Dade County through large-scale residential and commercial developments.
Over the past several decades, Shojaee has built a reputation for spotting growth opportunities before they become mainstream. From luxury condominiums and mixed-use communities to office spaces and retail developments, his projects have played a visible role in shaping the modern South Florida skyline. His entrepreneurial story, which began after immigrating from Iran to the United States, has also attracted attention because of his business success, family life, and growing public profile alongside his wife, Stephanie Shojaee.
Who Is Masoud Shojaee? A Short Biography
| Detail | Information |
|---|---|
| Full Name | Masoud Shojaee |
| Date of Birth | August 3, 1959 |
| Age | 66 years old |
| Birthplace | Tehran, Iran |
| Nationality | Iranian-American |
| Profession | Real Estate Developer, Entrepreneur |
| Years Active | 1980s–Present |
| Education | University of Miami |
| Famous For | Founder and CEO of Shoma Group |
| Spouse | Stephanie Shojaee |
| Children | Two daughters |
| Source of Income | Real Estate Development and Investments |
| Company | Shoma Group |
| Social Media | Instagram: @mrmasoudshojaee |
Early Life and Educational Background
Growing Up in Iran
Masoud Shojaee was born in Tehran, Iran, into a family connected to the construction industry. According to reports about his background, his father operated a major construction company that handled government-related projects in Iran before political and economic changes reshaped the region.
His exposure to construction and development from an early age likely influenced his future career path. However, Shojaee eventually moved to the United States to continue his education and pursue broader business opportunities.
Moving to the United States
Shojaee arrived in the United States in the late 1970s and settled in Florida. Although he reportedly considered attending UCLA, he ultimately chose the University of Miami after visiting Miami and deciding the city felt like home.
At the University of Miami, he earned both a Bachelor of Science degree and a Master of Science degree in Electrical Engineering. His engineering background later became an advantage in the construction and development business because it gave him a technical understanding of building systems and project planning.
From Engineering to Real Estate
Before entering real estate full-time, Shojaee worked as an electrical engineer. He later obtained a general contractor’s license in 1987 and became a licensed real estate broker in 1990.
These qualifications helped him transition into property development at a time when South Florida was beginning to experience rapid expansion. Instead of staying in engineering, he recognized that real estate offered far greater long-term growth opportunities.
The Founding of Shoma Group
Launching the Company in 1988
In 1988, Masoud Shojaee founded Shoma Development, later known as Shoma Group. Initially, the company focused on mid-range housing projects such as townhomes and single-family residences.
The timing proved ideal. South Florida’s population was expanding quickly, and demand for housing continued to increase. Shojaee positioned his company to meet that demand with carefully planned residential communities.
Over time, the business expanded into commercial real estate, office developments, luxury condominiums, and mixed-use projects. Today, Shoma Group is considered one of the major private development firms operating in South Florida.
Helping Transform Doral
One of Shojaee’s most notable achievements is his early investment in Doral. Long before Doral became one of the fastest-growing cities in Miami-Dade County, he recognized its potential for large-scale development.
His company acquired large portions of land in the area and developed luxury homes, retail centers, and mixed-use communities. Many observers credit Shojaee with helping accelerate Doral’s transformation into a thriving business and residential hub.
This willingness to invest early in emerging neighborhoods became one of his signature business strategies.
Expansion Across South Florida
As the company grew, Shoma Group expanded throughout South Florida, including projects in Broward County, Palm Beach County, and Miami-Dade. The firm eventually developed:
- Luxury condominiums
- Apartment communities
- Retail centers
- Office buildings
- Mixed-use developments
- Townhome communities
According to company information, Shoma Group has completed more than 10,000 homes and condominiums along with millions of square feet of commercial space and billions of dollars in real estate transactions.
Masoud Shojaee’s Business Philosophy
Focus on Long-Term Growth
Shojaee’s business approach has consistently focused on identifying long-term market potential rather than short-term trends. Many of his investments targeted areas before they became highly desirable locations.
That strategy allowed Shoma Group to grow steadily during periods when other developers struggled with changing market conditions. Industry publications often describe him as a developer willing to take calculated risks based on future urban growth patterns.
Emphasis on Quality Development
Another defining feature of Shojaee’s career is his emphasis on quality construction and community-focused development. Company profiles regularly highlight his hands-on management style and involvement in project design and execution.
Rather than focusing only on volume, Shoma Group built a reputation for upscale finishes, modern amenities, and carefully planned layouts aimed at attracting long-term residents and investors.
International Expansion Plans
In recent years, Shoma Group has explored international partnerships and expansion opportunities. Reports indicate the company has begun collaborations connected to the Middle East market, particularly in Dubai and the UAE.
These efforts suggest that Shojaee’s ambitions now extend beyond South Florida as the company looks toward global branding and international development projects.
Family and Personal Life
Marriage to Stephanie Shojaee
Masoud Shojaee is married to Stephanie Shojaee, who currently serves as the president of Shoma Group. She joined the company years after it was founded and later became a highly visible part of its leadership team.
Their relationship has attracted increased public attention because of Stephanie’s media appearances and growing profile in luxury real estate and entertainment circles.
The couple frequently appears together at business events, media interviews, and public functions related to South Florida real estate.
Previous Marriage and Children
Before marrying Stephanie, Shojaee was married to Maria Lamas, who reportedly helped co-found the business during its early years. The marriage ended after several decades.
He has two daughters from his first marriage, and both have reportedly been involved with the family business.
Public Image and Media Attention
In recent years, Shojaee has become more publicly recognizable due to social media visibility and reality television connections involving Stephanie Shojaee. Their luxury lifestyle, real estate empire, and high-profile appearances have attracted attention from entertainment media outlets alongside traditional business coverage.
Despite the increased public attention, Shojaee remains primarily known within business circles for his long-standing impact on South Florida real estate development.
Net Worth and Business Success
Although exact figures are difficult to verify publicly, Masoud Shojaee is widely regarded as a wealthy real estate entrepreneur due to Shoma Group’s extensive development portfolio and decades of large-scale transactions. Various media reports estimate that the company has been involved in billions of dollars worth of completed projects.
His wealth primarily comes from:
- Residential real estate development
- Commercial properties
- Luxury condominium projects
- Land investments
- Real estate partnerships
In addition to real estate, some reports indicate he has also participated in aviation-related investments over the years.
Frequently Asked Questions
Q: Who is Masoud Shojaee?
A: Masoud Shojaee is an Iranian-American real estate developer and entrepreneur best known as the founder and CEO of Shoma Group, a major South Florida development company.
Q: What is Shoma Group?
A: Shoma Group is a South Florida-based real estate development company specializing in residential communities, luxury condominiums, office buildings, and mixed-use projects.
Q: Where is Masoud Shojaee from?
A: Masoud Shojaee was born in Tehran, Iran, before moving to the United States to attend college and pursue his business career.
Q: What did Masoud Shojaee study?
A: He studied Electrical Engineering at the University of Miami, earning both bachelor’s and master’s degrees.
Q: Is Stephanie Shojaee involved in Shoma Group?
A: Yes. Stephanie Shojaee serves as the president of Shoma Group and plays a major role in the company’s branding, marketing, and development strategy.
Conclusion
Masoud Shojaee’s journey from engineering student to influential real estate developer reflects decades of strategic thinking, calculated risk-taking, and long-term vision. Through Shoma Group, he helped shape major parts of South Florida’s residential and commercial landscape while building one of the region’s most recognizable development firms.
His success story is closely tied to Miami’s rapid growth, especially in areas like Doral where his early investments proved highly influential. Today, with ongoing expansion plans and continued media attention surrounding his family and business ventures, Shojaee remains a significant figure in the world of luxury real estate and urban development.
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