Fortune Secures Equity Partner for Casa Tua Miami Condo

Three years after launching sales for the Casa Tua-branded condo development in Miami’s Brickell district, Fortune International Group has found an equity partner in One United Properties.

The Romanian development firm has invested $43 million into the 77-story ORA by Casa Tua development. The 533-unit tower will rise at 1210 Brickell Avenue, near the corner with Southeast 13th Street, across the street from Fortune International Group’s headquarters. 

Construction is expected to begin in the first quarter of 2027.

Since 2025, Fortune International Group, led by Edgardo Defortuna, has been accepting investment through the EB-5 program, which provides U.S. residency to foreign investors. The firm purchased the 1-acre site for $30 million in 2024, a year after launching condo sales. A representative for the developer did not immediately disclose current sales figures.

Units will be delivered fully furnished. The project marks the first branded residential tower for Casa Tua, an Italian hospitality concept founded by married couple Micky and Leticia Grendene.

“After many months analyzing deals of all shapes and sizes, ORA stood out for its prime Brickell location, approved development plans, strong pre-sales and world-class partners,” David Flusberg, One United Properties’ U.S. managing partner, said in a statement. 

Founded in 2007, One United Properties went public on the Bucharest Stock Exchange in 2021. Today, the company has a market capitalization of about $780 million. 

The equity investment comes less than a month after Fortune International Group obtained a slew of construction debt for luxury condo projects in Miami-Dade County. 

Just last week, the Miami-based firm secured Florida’s biggest construction loan: $817 million for the Faena-branded, waterfront development in Downtown Miami. It also nabbed $463 million to finish the oceanfront St. Regis Residences in Sunny Isles Beach and a $220 million predevelopment loan for a waterfront project on Key Biscayne. 

Julia Echikson can be reached at jechikson@commercailobserver.com.