The developer completed the 485,275-square-foot rental complex in 2020, after buying the land for $8.5 million in 2014 and securing a $69 million construction loan four years later, per property records.
The company’s co-founder Maria Lamas, formerly Maria Shojaee, has filed a foreclosure lawsuit.
The newly constructed apartment building includes nearly 27,000 square feet of ground floor retail space.
A company managed by Shoma Group CEO Masoud Shojaee purchased the sites. CLICK ON THE HEADLINE FOR MORE
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