“There is certainly a need for affordable housing, but the overall demand is shifting toward a new type of product that is geared toward providing luxury with the future in mind,” said Masoud Shojaee, CEO and chairman of the board at Shoma Group.
August 09, 2022 at 04:36 PM
3 minute read
Florida Bureau Chief
Developers are investing in Hialeah, where young professionals are giving rise to new demand for upscale multifamily rental communities, restaurants and retail.
Masoud Shojaee, CEO and chairman of the board at Shoma Group, said first he noticed the trend of new residential developments popping up around Hialeah, also known as the “City of Progress.”
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