
Shoma gets extension from North Bay Village, plans to seek additional height and density for condo tower
Ω Masoud and Stephanie Shojaee secured more time to obtain a master building permit for Shoma Bay, a delayed condo tower planned in North Bay Village. “Right now I am spending my own cash and giving the money for the project,” Masoud Shojaee, CEO of Coral Gables-based Shoma Group, told commissioner

Fear of ICE raids creates chilling effect at South Florida construction sites
On a muggy Thursday morning in mid-June, Jorge stood near the parking lot entrance to a Home Depot in Hialeah. The 47-year-old Cuban day laborer scanned arriving pick-up trucks for any glimmer of job opportunities, which have become scarcer each passing week. Nearby, Yosvany, another Cuban day labor

Baptist Health plans to expand, pays $40M for ground lease and dev site
Baptist Health South Florida is expanding its real estate holdings after acquiring a ground lease in Palm Beach County and a Broward development site for a combined $40 million. In the larger deal, Coral Gables-based Baptist Health, led by CEO Bo Boulenger, paid $26 million for the ground lease of a
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