Real Estate FL

More trouble: Another lender accuses Shoma’s Masoud Shojaee of not repaying loan

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For the second time in a one-month span, Shoma Group CEO Masoud Shojaee is being sued for allegedly welching on a mortgage debt.  City National Bank of Florida filed a foreclosure complaint this week against Shojaee, as trustee for a trust in his name, and an entity he manages that owns a 12th floor condominium […]

This article originally appeared on The Real Deal. Click here to read the full story.

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