Fortune international Group
Led by Edgardo Defortuna and synonymous with excellence, quality, customer service and unwavering commitment to the highest standards of luxury, Fortune International Group has been a recognized leader in development, sales, and marketing since 1983. With over 7,000 units and 9 million square feet of projects delivered, the company’s prestigious development portfolio includes many of the most prominent residential properties in South Florida including Faena Residences Miami, Ora by Casa Tua, The Ritz-Carlton Residences, Pompano Beach, The St. Regis Residences, Sunny Isles Beach, Nexo Residences, The Ritz-Carlton Residences, Sunny Isles Beach, Jade Residences Brickell, Jade Beach, Jade Ocean, Jade Signature, Auberge Beach Residences and Spa Fort Lauderdale and Hyde Resort & Residences Hollywood.
The company’s Fortune Development Sales division is the premier, exclusive on-site sales and marketing representative for third-party development projects in South Florida, having sold more than 31,000 units and currently representing some of South Florida’s most successful projects such as: The Residences at Mandarin Oriental, Miami, Cipriani Residences, Bay Harbor Towers, Pagani Residences, Onda, Missoni Baia, Una Residences, 2000 Ocean, One Park Tower, Baccarat and Casa Bella Residences, among others. The firm’s real estate brokerage division, Fortune Christie’s International Real Estate, is the exclusive Christie’s affiliate in Miami-Dade and Broward counties. Fortune International Group has 21 offices around the world with over 1,000 associates. Fortune’s international broker network reaches legions of prospective buyers from South Florida to Buenos Aires, Hong Kong to São Paolo, and Manhattan to Paris.
Executives:
Founder / CEO: Edgardo Defortuna
Current Projects
Past Portfolio / Completed Projects:
Jade Signature (Sunny Isles Beach)
The Ritz-Carlton Residences, Sunny Isles Beach (Sunny Isles Beach)
Other Notable Completed Projects:
Jade Residences Brickell (Brickell)
Jade Beach (Sunny Isles Beach)
Jade Ocean (Sunny Isles Beach)
Auberge Beach Residences and Spa Fort Lauderdale (Fort Lauderdale)
Hyde Resort & Residences Hollywood (Hollywood)
Recent Developer and Project Updates by PROFILEmiami
Faena Residences Miami has revealed Faena Rose, the first permanent, purpose-built architectural setting dedicated to the Faena Rose patron community. Suspended across three dedicated levels from floors 61 through 64, nearly 700 feet above the Miami River, Faena Rose is a floating cultural and architectural landmark that architecturally unites the twin residential towers.
Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, announced today that they have secured a $418.3 million construction loan package. Bank OZK was the lender. The total package ranks among the largest ever for Sunny Isles Beach real estate.
Preeminent real estate developers Related Group (Related) and BH Group, in collaboration with hospitality leader Marriott International, Inc., have revealed the penthouse collection within the highly anticipated W Pompano Beach Hotel & Residences.
Fortune International Group and Blue Road have officially topped off Nexo Residences, marking a significant construction milestone for the 16-story short-term rental condominium in the rapidly evolving city of North Miami Beach.
FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront.
Terra and Fortune International Group, two of South Florida’s most active luxury residential development firms, have formed a partnership to acquire the former Silver Sands Beach Resort property in Key Biscayne, Florida for $205 million.
duPont REGISTRY Group (DRG), the trailblazer in the luxury and exotic automotive ecosystem, has partnered with Fortune International Group, a leader in high-end real estate development that’s created more than 30 stunning buildings, and the iconic Italian design house Pininfarina, with its unique history of designing unforgettable cars.
Faena, the globally acclaimed lifestyle brand, is expanding its unique vision from Miami Beach to the heart of Miami through a multi-phase cultural district, set within the only 14-acre private park along the Miami River.
Swire Properties USA and Fortune International Group have converted sale contracts at the Residences at Mandarin Oriental, Miami, with a total value of $150 million, out of close to $1 billion in reservations. These include 2, 3, 4, and 5-bedroom homes, with some per square foot prices exceeding $3,000 PSF.
Fortune International Group has closed on the the 46,373 SF site at 1210 Brickell Ave for the planned ORA by Casa Tua 77-story tower and as well as on $36,080,000 in pre-development financing from Amerant Bank. ORA by Casa Tua launched sales last year and plans for residences to go into contract soon.
The St. Regis Residences, Sunny Isles Beach, Miami, has launched sales of the much-anticipated North Tower, marking another milestone following the success at 80% sold South Tower, which started converting reservations to contracts in May of 2023.
PPG Development and L3C Capital Partners have launched sales for Bay Harbor Towers, an eight story luxury waterfront condominium located at 10143 East Bay Harbor Drive in Miami’s exclusive Bay Harbor Islands. Fortune Development Sales will lead the exclusive sales and marketing of Bay Harbor Towers with prices starting at $1.9 million.
Swire Properties has appointed Fortune Development Sales to be the exclusive sales and marketing agent for The Residences at Mandarin Oriental, Miami. The Residences, an exquisite collection of private homes, is part of an unparalleled residential and hospitality destination set within a secluded island sanctuary, but only moments away from Miami’s vibrant urban core.
Fortune International Group and Château Group have officially broken ground on The St. Regis Residences, Sunny Isles Beach, Miami, which will be the tallest residential towers on the ocean in Sunny Isles Beach, positioned along 435 linear feet of pristine beach. Masterfully crafted by the visionary architecture firm Arquitectonica, the residences boast interiors envisioned by acclaimed São Paulo-based designer Patricia Anastassiadis and captivating landscape design by EDS.
Miami-based real estate developer Related Group and partner Alta Developers have signed a contract for a 54th-floor, 5,893-square-foot triplex penthouse at Casa Bella Residences by B&B Italia for $12.6 million, or $2,138 per square foot, signifying what will be the most expensive condominium sale on a price-per-square-foot basis in Downtown Miami’s highly desirable Arts and Cultural District. Casa Bella Residences by B&B Italia has achieved nearly $50 million in signed contracts over the past 60 days.
ORA by Casa Tua, Brickell’s newest collection of short-term rental residences located at 1210 Brickell, has launched sales. The 76-story, mixed-use development, which is being developed by Edgardo Defortuna’s Fortune International Group, will feature 540 residences which will be among Miami’s most sought-after short-term rental residences.
Fortune International Group, a real estate leader in developing, funding, construction management sales and marketing and led by the visionary founder, Edgardo Defortuna, have announced they are collaborating with hospitality brand, Casa Tua, to curate and program its newest high-rise, mixed-use development located at 1210 Brickell Avenue in Miami’s Brickell neighborhood.
The St. Regis Residences, Sunny Isles Beach, Miami, a duo of standalone towers situated along 435 linear feet of pristine beach, has revealed an exclusive first look into an oceanfront sales gallery amid immense sales success. Also unveiled at an exclusive invite-only event for industry insiders was the sculpture “Our Nucleus” by internationally acclaimed artist Lorenzo Quinn, exclusively commissioned for the future residences.
Developers Fortune International Group and Oak Capital have broken ground on The Ritz-Carlton Residences, Pompano Beach. Designed by Revuelta Architecture International with interior and landscape design by world-renowned designer Piero Lissoni, the property will set a new standard for full-service, resort-style living in the tri-county area, offering a collection of 205 impeccably designed residences
Following their mutual success with 2000 Ocean, where Fortune International Group handled the sales and marketing, and Brickell City Center’s Reach & Rise residential sell out, New York developer, Shahab Karmely of KAR Properties and Miami Developer Edgardo Defortuna of Fortune International Group, have announced that they will co-develop One River Point in partnership with each-other.
The developers of The Ritz-Carlton Residences, Pompano Beach, Fortune International Group and Oak Capital, have announced the dual-tower property set to revolutionize legendary living in Pompano Beach has reached over 75% sold and plans to break ground Fall 2022. The Ritz-Carlton Residences, Pompano Beach will set a new standard for full-service, resort-style living in the tri-county area.
Fortune International Group, in partnership with Blue Road, has closed on a 1.74-acre site at 13899 Biscayne Boulevard for $16 million, paving the way for the future development of Nexo Residences. Nexo Residences is one of the first condo projects with short-term rental capability in the rapidly evolving city of North Miami Beach.
Fortune International Group in partnership with Blue Road announced the sales launch for Nexo Residences in April and today have released new renderings and design details, exclusively on PROFILEmiami.
Okan Tower, the new Downtown Miami megaplex, with residences anchored by a Hilton Hotel, broke ground on Friday, June 17 with all the fanfare of a major international milestone, attended by a who’s who of the business, political, civic, hospitality and real estate brokerage community. Okan Tower represents the largest Turkish investment in the United States with a design inspired by the country’s native flower, the tulip.
Monaco Yacht Club & Residences, the widely-anticipated, new boutique Bayfront residences and private marina in Miami Beach, has received its temporary certificate of occupancy (TCO), signaling the start of closings. The project was developed by Optimum Asset Management USA. Monaco Yacht Club & Residences offers just thirty-nine luxurious waterfront residences delivered fully finished.
Okan Tower, which is set to become one of the tallest towers in Downtown Miami, has unveiled its exclusive Loft Penthouse Collection. Rising 902’ in the air, the 70-story project’s highly-anticipated Loft Penthouse Collection consists of 14 impressive residences soaring above downtown Miami at the building’s peak.
Fortune International Group, one of South Florida’s preeminent residential real estate development, sales and marketing leaders for nearly 40 years, in partnership with Blue Road, a Florida-based integrated developer of hospitality, residential, commercial, and mixed-use projects, has announced the sales launch for Nexo Residences.
A joint-venture between Related Group, Tricap, led by David Edelstein, and Alex Karakhanian’s LNDMRK Development have launched sales of NoMad Residences Wynwood which will feature a ground floor Casa Tua Cucina. The NoMad Bar on the rooftop which will be overseen by James Beard Award Winner Leo Robitschek.
Billionaire entrepreneur Adam Weitsman, who made his fortune in scrap metal recycling and crypto, has purchased the penthouse at Jade Signature in Sunny Isles Beach for $23.5 million. Weitsman saw the unit and completed the deal fully through social media. Weitsman was represented by Chad Carroll with Compass, who he connected with on Instagram.
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Nexo Residences in North Miami Beach, has unveiled new renderings of its townhomes collection, offering a closer look at a residential experience that blends the space and comfort of a single-family home with the flexibility of a short-term rental community.