Fortune International Group
Corporate brand
UnclaimedFortune International Group is a Miami-based real estate development, brokerage, sales, marketing, construction, and asset management company focused on high-end property projects.
Last updated August 31, 2026
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Overview
Fortune International Group is a privately held real estate company headquartered in Miami, Florida. Founded in 1983 by Edgardo Defortuna, the company operates across several parts of the real estate value chain, including property design and development, construction, general brokerage, project sales and marketing, and asset management. Its principal geographic base is South Florida, while its activities and client relationships extend into Latin America and Europe. The company is particularly associated with luxury residential and mixed-use development in the Miami metropolitan area. Its portfolio includes the Jade-branded residential projects in and around Sunny Isles Beach and Brickell, as well as projects developed with internationally recognized hospitality, design, and real estate partners. The Jade series helped establish Fortune International Group as a recognizable developer of high-rise condominium properties. Jade Residences at Brickell Bay was completed in 2004, followed by later projects including Jade Beach, Jade Ocean, and Jade Signature. Jade Signature, launched for sales and construction in 2013, was designed by Herzog & de Meuron and rises 57 stories, placing the project within the highly competitive luxury condominium market of South Florida. Beyond its own development projects, Fortune International Group provides brokerage and project marketing services. This integrated model allows the company to participate both in creating real estate assets and in positioning, selling, and managing them. Its notable developments and associated projects include The Ritz-Carlton Residences-Sunny Isles Beach, Artech, Auberge Beach Residences and Spa Fort Lauderdale, 1200 Brickell, and Le Meridien Sunny Isles Beach. The portfolio spans branded residences, high-rise condominiums, and other upscale developments in prominent South Florida locations. The company has also expanded its network through cross-market partnerships. In June 2022, Fortune International Group formed a referral partnership with Saunders & Associates, a New York real estate brokerage, allowing the firms to refer clients between the New York and South Florida markets. In October 2022, Fortune became the Christie’s International Real Estate affiliate serving Miami-Dade and Broward counties. These relationships broadened the company’s access to affluent buyers and sellers and connected its South Florida platform with wider domestic and international brokerage channels. Edgardo Defortuna serves as president and chief executive officer. Fortune International Group remains a private operating company, and publicly available reference material does not establish a separate listed parent, stock ticker, or disclosed financial figures. Its market identity is centered on luxury real estate development and the integrated promotion and brokerage of high-value residential projects.
History
Fortune International Group was founded in 1983 by Edgardo Defortuna in Miami, Florida. From its South Florida base, the company developed a business model that combined real estate development with construction, brokerage, project sales and marketing, and asset management. This combination enabled the group to participate in multiple stages of the property lifecycle rather than limiting its role to development alone. The company became closely identified with luxury condominium development in the Miami area. One of its early notable projects was Jade Residences at Brickell Bay, completed in 2004. The project helped establish the Jade name as an important part of Fortune International Group’s residential portfolio and connected the company with Brickell, one of Miami’s major high-rise real estate districts. Fortune later expanded the Jade concept with projects including Jade Beach and Jade Ocean. In 2013, the group began sales and construction of Jade Signature, described as its fourth Jade building. Located in Sunny Isles Beach, the 57-story residential tower was designed by Herzog & de Meuron, an internationally prominent architecture firm. The project reflected Fortune’s emphasis on high-end condominium development, architectural distinction, and marketing to domestic and international buyers. The group’s wider portfolio has included The Ritz-Carlton Residences-Sunny Isles Beach, Artech, Auberge Beach Residences and Spa Fort Lauderdale, 1200 Brickell, and Le Meridien Sunny Isles Beach. These projects illustrate the company’s focus on prominent South Florida locations and on luxury or branded residential formats. Through brokerage, project marketing, and asset management, Fortune has also supported the commercialization and ongoing positioning of real estate projects beyond its direct development role. In January 2015, entities owned by Defortuna and associates that collectively held five condominium units at the Tropicana filed a lawsuit challenging a proposed change to the building association’s governing documents. The proposal was described as the first step in a plan to dissolve the building’s condominium status and sell the property. The dispute involved condominium governance and ownership interests rather than a general change to Fortune’s corporate strategy. Fortune expanded its brokerage relationships in 2022. In June, it partnered with Saunders & Associates, a New York brokerage, under an arrangement for referrals between the two firms’ markets. In October, Fortune partnered with Christie’s International Real Estate and became its affiliate for Miami-Dade and Broward counties. These arrangements strengthened Fortune’s access to referral channels and luxury brokerage networks connecting South Florida with other U.S. and international markets. Edgardo Defortuna remains identified as the company’s president and chief executive officer. Public reference material describes Fortune International Group as a Miami-based company with projects in South Florida, Latin America, and Europe. It does not provide publicly established information about a stock listing, ticker, financial performance, or a separate parent company.
- 2022
Saunders & Associates partnership
[1]Fortune entered a referral partnership with New York brokerage Saunders & Associates.
- 2022
Christie’s International Real Estate affiliation
[1]Fortune became Christie’s International Real Estate’s affiliate for Miami-Dade and Broward counties.
- 2015
Tropicana condominium lawsuit
[1]Entities associated with Edgardo Defortuna challenged a proposed change to the Tropicana condominium association’s governing documents.
- 2013
Jade Signature sales and construction begin
[1]The group began sales and construction of Jade Signature, its fourth Jade-branded building. The 57-story project was designed by Herzog & de Meuron.
- 2004
Completion of Jade Residences
[1]Fortune completed Jade Residences at Brickell Bay, a residential skyscraper in Miami’s Brickell area.
- 1983
Company founded
[1]Edgardo Defortuna founded Fortune International Group in Miami.
Products and positioning
A privately held, vertically integrated luxury real estate platform combining development, construction, brokerage, project sales and marketing, and asset management, with a strong South Florida presence and international client reach.
Luxury residential development
Jade Residences at Brickell Bay
A residential skyscraper in Miami’s Brickell district and the earliest specifically dated Jade project in the reference material. Completed in 2004, it formed part of Fortune International Group’s signature high-rise condominium portfolio.
Luxury residential development
Jade Beach
A Jade-branded residential development associated with Fortune International Group’s expansion of its luxury condominium portfolio in South Florida. The available reference material identifies it as one of the group’s notable projects but does not provide additional specifications.
Luxury residential development
Jade Ocean
A South Florida residential project within Fortune International Group’s Jade series. It is listed among the company’s notable developments, although the supplied reference material does not state its launch or completion date.
Luxury residential development · 2013
Jade Signature
A 57-story Jade-branded residential tower for which Fortune began sales and construction in 2013. The project was designed by Herzog & de Meuron and represents the group’s emphasis on architecturally distinctive luxury condominium development.
Branded residential development
The Ritz-Carlton Residences-Sunny Isles Beach
A branded residential project in Sunny Isles Beach associated with Fortune International Group. The available material identifies it as a notable project but does not provide further development details.
Residential development
Artech
A notable project in Fortune International Group’s South Florida portfolio. The supplied reference material does not specify its development date, architectural features, or current status.
Branded residential development
Auberge Beach Residences and Spa Fort Lauderdale
A branded residential and hospitality-oriented project in Fort Lauderdale associated with Fortune International Group. The reference material lists the project without providing detailed specifications or timing.
Mixed-use or residential development
1200 Brickell
A project in Miami’s Brickell district included among Fortune International Group’s notable developments. The available source does not establish its specific product mix, launch date, or completion status.
Branded real estate development
Le Meridien Sunny Isles Beach
A Sunny Isles Beach project listed among Fortune International Group’s notable developments. Further details about the project’s scope and delivery are not stated in the supplied reference material.
Controversies
2015
Tropicana condominium governance lawsuit
Entities owned by Edgardo Defortuna and associates, collectively holding five Tropicana condominium units, sued over a proposed amendment to the condominium association’s governing documents. The proposal was described as an initial step toward dissolving the condominium arrangement and selling the building.
Brand decisions
2022
Referral partnership with Saunders & AssociatesStrategyBackground
Fortune sought to connect its South Florida platform with brokerage relationships in other important luxury real estate markets.
Action taken
The company partnered with New York brokerage Saunders & Associates to refer clients between the two markets.
Aftermath
The arrangement expanded cross-market referral opportunities between New York and South Florida.
2022
Christie’s International Real Estate affiliationStrategyBackground
Fortune operated in South Florida’s luxury property market and maintained a business spanning development, sales, and brokerage.
Action taken
Fortune partnered with Christie’s International Real Estate and became its affiliate for Miami-Dade and Broward counties.
Aftermath
The affiliation connected Fortune’s South Florida brokerage presence with Christie’s international luxury real estate network.
2013
Fourth Jade building moves into sales and constructionGeneration changeBackground
Fortune had developed a sequence of Jade-branded residential projects in South Florida.
Action taken
The group began sales and construction of Jade Signature, described as its fourth Jade building and designed by Herzog & de Meuron.
Aftermath
The project extended the Jade identity into another major luxury condominium tower, reaching 57 stories.
Recent events
Reported
Fortune International announces Ocean Harvest acquisition[2]
Fortune International announced its acquisition of Ocean Harvest Wholesale, a seafood and shrimp processor and distributor based in Texas and Louisiana. The acquisition expands subsidiary Fortune Fish & Gourmet's reach into Texas.
- Unconfirmed
Reported
Fortune International acquires Meat Processors Inc[3]
Fortune International purchased Meat Processors Inc., a meat and seafood processor and distributor. The acquisition terms were not disclosed.
Reported
Fortune International announces acquisition of CCT Logistics[4]
Fortune International announced its acquisition of CCT Logistics, a 68,000-square-foot cold storage facility in Theodore, Alabama. Fortune said the facility would support its service to U.S. Gulf states and increase frozen-storage capacity.
Reported
Fortune International completes acquisition of EuroGourmet[5]
Fortune International completed its acquisition of EuroGourmet, a Missouri-based specialty-food distributor, on 1 March; the acquisition was announced on 4 March.
- Unconfirmed
Reported
Investcorp acquires Fortune International[6]
Investcorp acquired Fortune International for USD 105 million, according to the report cited in the article.
Sources8 sources
- 1Fortune International Groupen.wikipedia.org
- 2Fortune International宣布收购Ocean Harvestseafoodsource.com
- 3Fortune International收购Meat Processors Incseafoodsource.com
- 4Fortune International 宣布收购 CCT Logisticsseafoodsource.com
- 5Fortune International完成对EuroGourmet的收购seafoodsource.com
- 6Investcorp收购Fortune Internationalseafoodsource.com
- 7Bahrain's Investcorp acquires US-based food distributor | The Nationalthenationalnews.com
- 8Investcorp acquires leading seafood and speciality food distributortimesofoman.com
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