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Sep

2026

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.

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Located at 201 Sevilla Avenue amid the stunning elegance of Coral Gables, also known as “the city beautiful”. The 40,000 square foot type A office building provides our headquarters with rich modern art installations from talented world-renowned artists, with a sleek, modern look and feel, very similar to a contemporary art museum.

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Situado en 201 Sevilla Avenue, en medio de la impresionante elegancia de Coral Gables, también conocida como "la ciudad bonita". El edificio de oficinas de tipo A de 40.000 pies cuadrados ofrece a nuestra sede ricas instalaciones de arte moderno de talentosos artistas de renombre mundial, con un aspecto elegante y moderno, muy similar a un museo de arte contemporáneo.

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Construido 2017

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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.

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.

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.

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.

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

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.

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.

Luxury Residences Redefine Living for Pets

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

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.

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."

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PrenSa

Reciente

Residencias De Lujo Redefinen La Vida Para Mascotas

Shoma Bay eleva la experiencia para mascotas con su Pet Spa by Pebbles.

Shoma Bay – Lujo frente a la bahía de Miami

Shoma Bay, el desarrollo que promete redefinir el destino de North Bay Village, comienza a levantarse en una franja de tierra suspendida entre el dinamismo de Miami Beach y la sofisticación creciente del mainland de la ciudad.

Copa Mundial FIFA 2026: Panorama inmobiliario en Miami (2)

El fútbol es un puente cultural que puede transformarse en decisiones de inversión, reflexiona Masoud Shojaee, CEO de Shoma Group...Shojaee destacó, además, el anuncio de que la Asociación del Fútbol Argentino (AFA) abrirá su sede internacional en Estados Unidos, en North Bay Village, cerca de Shoma Bay.

Miami siente el poderío hispano: el auge inmobiliario que redefine la ciudad

Shoma Bay muestran una fuerte demanda hispana —especialmente de países como Colombia, México, Argentina o Brasil— atraída por ubicaciones céntricas y potencial de renta.

Shoma Group celebra el Vertical Party de Shoma Bay y marca un nuevo hito en North Bay Village

Con Shoma Bay, la compañía busca contribuir al desarrollo de una nueva etapa residencial para el vecindario, apostando por un proyecto que combine diseño contemporáneo, ubicación estratégica y una conexión directa con el estilo de vida frente al agua que caracteriza a esta zona de Miami.

Shoma Group celebró el Vertical Party de Shoma Bay

Shoma Group celebró recientement el Vertical Party de Shoma Bay, un evento especial para conmemorar el avance en la construcción de este importante desarrollo en North Bay Village.

Una tarde de lujo frente a la bahía: Shoma Group celebra el Vertical Party de Shoma Bay

Con celebraciones como esta, Shoma Bay continúa posicionándose como uno de los proyectos inmobiliarios más prometedores y sofisticados del panorama residencial de Miami.

Shoma Group celebra el Vertical Party de Shoma Bay y marca un nuevo hito en North Bay Village

Shoma Bay forma parte de una nueva generación de desarrollos residenciales que están posicionando a esta zona como uno de los enclaves más prometedores para vivir e invertir en el sur de Florida.

Celebración frente al mar: Shoma Group reúne a líderes y figuras sociales en el Vertical Party de Shoma Bay

Con cada avance en su construcción, Shoma Bay continúa consolidándose como uno de los proyectos inmobiliarios más esperados en el panorama residencial de Miami.

Una tarde de lujo frente a la bahía: Shoma Group celebra el Vertical Party de Shoma Bay

En un ambiente elegante y sofisticado frente a las aguas de North Bay Village, Shoma Group celebró el esperado Vertical Party de Shoma Bay, una exclusiva reunión social que marcó un importante avance en la construcción de este innovador desarrollo residencial que promete transformar el estilo de vida en la zona.

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jun

2023

New Times

Shoma Bazaar

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