Fortune International Group

Real estate company

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Fortune International Group

Industry| Real Estate
Founder| Edgardo Defortuna
Headquarters|

Miami, FL

USA

Area served

| South Florida

Number of employees

| 100
Website| http://fortuneintlgroup.com/

Fortune International Group is a Miami-based real estate company with development projects in South Florida, Latin America, and Europe.[1]

## Overview[edit]

Fortune International Group offers a range of services, including real estate design and development, construction, general brokerage, project sales and marketing, and asset management services.[2] The company’s notable projects include Jade Residences at Brickell Bay, Jade Beach, Jade Ocean, The Ritz-Carlton Residences-Sunny Isles Beach,[3] Artech, Auberge Beach Residences and Spa Fort Lauderdale, 1200 Brickell, Le Meridien Sunny Isles Beach.[4]

Edgardo Defortuna is the President and CEO of Fortune International Group.[5]

## History[edit]

In 1983, Edgardo Defortuna founded Fortune International Group.[1]

In 2004, the company completed Jade Residences project, a residential skyscraper in Brickell, Miami.[4]

In 2013, the group begun sales and construction of Jade Signature which was the fourth "jade" building by Fortune International Group. Jade Signature was designed by Herzog & de Meuron and has fifty-seven stories.[6]

In June 2022, Fortune International Group formed a partnership with Saunders & Associates, a real estate brokerage in New York. As a part of the partnership, the two firms will refer clients between each market.[7]

In October 2022, Fortune International Group partnered with Christie’s International Real Estate as Christie’s affiliate in Miami-Dade and Broward counties.[8]

## Awards and recognition[edit]

* Best Luxury High Rise Living for The Ritz-Carlton Residences, Sunny Isles Beach in Florida, Luxury Lifestyle Awards, 2021[9]
* Ranked #1 South Florida Development Marketing Firm, 2016[10]
* Best Real Estate Agent and Best Floridian Agent, The Bentley International Property Awards

Controversy

In January 2015, entities owned by Defortuna and his associates, collectively owning a total of five condo units at the Tropicana, filed a lawsuit challenging the condo association’s plan to change its governing documents, the first step in the association’s plan to dissolve the building’s condo status and sell the building.[11]

## External links[edit]

* Official site

## References[edit]

1. ^ a b Blatter, Lucy Cohen. "Miami Developer on an Upcoming Inventory Glut, Understated Luxury and More". www.mansionglobal.com. Retrieved 2022-11-22.
2. ^ "Fortune International Group Company Profile: Overview & Executives | PitchBook". pitchbook.com. Retrieved 2022-11-22.
3. ^ CARY, BILL. "A Duplex Penthouse With Its Own Pool Atop a 57-Story Tower in Sunny Isles Beach, Florida". www.mansionglobal.com. Retrieved 2022-11-22.
4. ^ a b "Fortune International Group". www.jadesignature.com. Retrieved 2022-11-22.
5. ^ "Miami Mayor Francis Suarez Says City Is Growing Faster Than Ever At Panel Discussion With Developers". www.cbsnews.com. Retrieved 2022-11-22.
6. ^ "Herzog & de Meuron completes Jade Signature skyscraper in Miami". Dezeen. 2018-03-12. Retrieved 2022-11-22.
7. ^ Regan, Patrick (2022-06-29). "Miami's Fortune International Group forms alliance with Saunders & Associates in the Hamptons". South Florida Agent Magazine. Retrieved 2022-11-22.
8. ^ Hourie, Ilya (2022-10-14). "Fortune International Group Partners with Christie's Real Estate". The Real Deal South Florida. Retrieved 2022-11-22.
9. ^ "The Ritz-Carlton Residences, Sunny Isles Beach by Fortune International Group and Château Group". Luxury Lifestyle Awards. Retrieved 2022-11-22.
10. ^ "New Development Marketing Firm | Fortune International Group". The Real Deal South Florida. Retrieved 2022-11-22.
11. ^ Friedman, Robyn A. "Legal Battle Pits Wealthy Developer Against Senior Condo Board". WSJ. Retrieved 2022-11-22.

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