One United Properties Backs $43M Brickell Tower
The equity investment supports the 77-story ORA by Casa Tua condo development in Miami's Brickell district.
Updated on Nov. 10, 2026 in Construction
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One United Properties has invested $43 million in the ORA by Casa Tua development, a 77-story tower with 533 units rising at 1210 Brickell Avenue. Fortune International Group, the developer, also secured $817 million, $463 million and $220 million in construction and predevelopment loans for other Miami-Dade projects.
Why it matters
The investment and financing package signals continued capital flowing into large-scale condominium construction in Miami's core. For the local construction market, the deals show developers still securing sizable funding for high-rise projects.
One United Properties' $43 million equity stake in the 533-unit tower is set against a $780 million market capitalization, while Fortune's three loans total $1.5 billion across Downtown Miami, Sunny Isles Beach and Key Biscayne. The total development cost of the ORA tower has not been disclosed.
The players
Fortune International Group
Fortune International Group is a Miami-based real estate developer behind the ORA by Casa Tua tower and several other condominium projects in Miami-Dade County.
One United Properties
One United Properties is a Romanian real estate company that went public on the Bucharest Stock Exchange in 2021 and has a market capitalization of about $780 million.
Edgardo Defortuna
Edgardo Defortuna is a Venezuelan-born businessman and the founder and chairman of Fortune International Group, which develops luxury residential projects in South Florida.
The details
One United Properties took an equity stake in the ORA by Casa Tua project, which will rise on a 1-acre site Fortune bought for $30 million in 2024. Fortune has accepted investment through the EB-5 program since 2025, and units will be delivered fully furnished.
Timeline
2021: One United Properties listed on the Bucharest Stock Exchange.
2024: Fortune International Group purchased the 1-acre site for $30 million.
2025: Fortune began accepting EB-5 investment for the project.
November 10, 2026: One United Properties' investment in ORA was reported.
First quarter of 2027: Construction of the ORA tower is expected to begin.
Market Landscape
Fortune's use of the EB-5 program to fund the ORA tower follows a long-running pattern of South Florida developers tapping foreign investor visas to finance high-rise condominiums. The combined $1.5 billion in loans for Fortune's projects shows that large construction lenders are still backing luxury towers in the region.
For Miami residents, the 533-unit ORA tower will add a large number of new condominiums to the Brickell district when it is completed. Buyers considering units in the building will have fully furnished delivery, and EB-5 financing means some units may draw foreign investor demand.
The takeaway
Large Miami condominium projects are increasingly financed through a mix of public equity, foreign investor visas and multi-hundred-million-dollar construction loans. Readers tracking Brickell's skyline should watch whether the ORA tower breaks ground on the expected 2027 schedule.
What happens next
Construction of the ORA by Casa Tua tower is expected to begin in the first quarter of 2027.
Further reading
For more on high-rise building activity, explore Construction coverage in Miami.
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