Stephanie Shojaee has set the record straight about her family business.
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In Season 7, Episode 4 of The Real Housewives of Miami, Stephanie was introduced as a highly successful player in the South Florida real estate game. Stephanie confirmed her high-ranking position within the Shoma Group, a real estate development company led by her husband, Masoud Shojaee.
“There’s actually not many female real estate developers,” she told The Daily Dish in November 2024. “[My job], it’s actually buying the land, putting up a high rise, 800 units; or [building] rental communities and building a whole leasing team and developing units. There’s a lot. It’s a lot of fun.”
Stephanie Shojaee says she didn’t start Shoma Group, but “made it better”
While Stephanie has served as the company’s president since 2022, she said that there was a “misconception” about her history with the Shoma Group — specifically, her involvement with its formation.
“I think there was like a misconception online where people are thinking that I’m trying to take credit for that,” she recently told The Daily Dish, referring to the company’s founding. “I didn’t. My husband started it. I just made it better.”
Masoud started the Shoma Group in 1988, about 10 years after he immigrated to the United States from Iran. According to its website, the company has built more than 12,000 residential and commercial properties in the South Florida region, and has helped secure $6 billion worth of real estate transactions. Although Stephanie credited her hubby for starting the business, she insisted she played a big role in its more recent success.
“Everything I touch, I make it shinier and prettier, and that’s what I did to Shoma,” she explained.
RELATED: Stephanie Shojaee Dishes on Her Husband Masoud’s Marriage Proposal: “Nothing Like I Expected”
Will Stephanie and Masoud Shojaee take their company international?
Stephanie began working for the Shoma Group in 2013 and went on to become the company’s vice president and chief marketing officer. The Housewife newbie said she and her business team have big plans on the “horizon,” including new business developments and rental communities.
RELATED: Stephanie Shojaee Shares All the Details on Her Career Journey: “I Wanted to Be Filthy Rich”
“For my career goals, I really want to build internationally,” she said. “I’ve been wanting to do it for like 10 years now, I just feel like every year I get closer, and there’s like more opportunities and like we meet more people, and I think Shoma within the next like three years will go international.”
And guess what? She already has several ideas for the company’s international expansion.
“I’m Colombian. I was I was born in the United States, but I’m Colombian and I would love to build in Colombia,” she revealed. “I really want to give back to like my people and like my country, but I also really like Dubai. I like Qatar, so I don’t know.”
Stephanie Shojaee sheds light on her money-making mindset
Stephanie touched on her strong work ethic in RHOM Season 7, Episode 4, saying she “knew at a very young age that [she] wanted to be filthy rich.”
“I’m sleeping and I go like this: ‘We gotta make money!'” she said in the July 2 episode. “My parents came to this country with nothing but a backpack,” she added in a confessional. “Being a first-generation American has made me who I am today. There is no room for failure. You have to keep going until you make it. If one door closes, go find another door. If that door’s closed, keep searching.”
Get more details about Stephanie’s real estate career and what she thinks about people labeling her “new money.”
— Additional reporting by Stephanie Gomulka
