Shoma lands $30M predevelopment loan for North Bay Village project
Masoud and Stephanie Shojaee’s Shoma Group secured nearly $30 million in financing for its planned North Bay Village condo project. Coral Gables-based Shoma obtained a predevelopment loan from Forman Capital for Shoma Bay, according to a press release. The $29.9 million loan will be used to pay off
Sime Realty founders sell Medley industrial portfolio for $23M
Real estate investors Scott and Belinda Sime sold a Miami-Dade County industrial portfolio for $22.7 million. An affiliate of Miami-based WREV, led by Tyler Workman, bought three warehouses totaling 90,000 square feet at 6405 Northwest 82nd Avenue, 7500 Northwest 82nd Street, and 7361 Northwest 78th
Billionaire Wayne Rothbaum sells second oceanfront Delray Beach lot for $22M
Billionaire Quogue Capital founder Wayne Rothbaum sold a second oceanfront lot in Delray Beach for $22 million, bringing his total sale to $44 million in three months. Records show his 941 South Ocean Blvd LLC sold the 1.4-acre property at 941 South Ocean Boulevard to another entity named for the a
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