The cold spell blanketing South Florida’s luxury condo market will continue in 2020, experts say
Luxury condo inventory in South Florida continues to climb to all-time highs, as sales volume remains stagnant — just as high-end projects such as...
edgardo defortuna
Cutler Bay axes Edgardo Defortuna’s plans for single-family development
Edgardo Defortuna’s 16-year plan to build a new development along Biscayne Bay in Cutler Bay was shot down by...
Ritz-Carlton Residences Sunny Isles developers face second lawsuit from Tropicana
UPDATED, Oct. 29, 10:30 a.m.: Seven months after settling a lawsuit over a failed $115 million deal for the...
Where are we in the cycle? Some experts say luxury condo market will remain ice cold in 2019
Entering 2018, Mike Pappas predicted developers would start lowering prices on luxury condos to accelerate absorption in an increasingly oversupplied market. Looking back on...
Edgardo Defortuna joins Peebles, Stern, Karmely and Karp for Future City 2019
We’re thrilled to announce Fortune International’s Edgardo Defortuna will be joining other top South Florida real estate execs including...
Judge dismisses lawsuit against Edgardo Defortuna tied to Jade Ocean
A Miami-Dade Circuit Court judge dismissed a lawsuit against Edgardo Defortuna that alleged the developer lied to lenders by...
Edgardo Defortuna faces lawsuits over two of his condo developments
UPDATED Dec. 17, 4:30 p.m.: Developer Edgardo Defortuna faced three lawsuits alleging he cheated small sources of project financing...
Fortune and Premier Developers complete two major condo projects
Developers recently completed two large condo projects, adding about 300 new units to the South Florida market. Closings are...
Developer of Miami’s tallest tower taps Fortune to handle apartment leasing
UPDATED Jan. 26, 1:10 p.m.: Renters will be able to move into Miami’s tallest tower starting in March. Tibor Hollo’s...
Fortune Realty caught in crossfire as Israeli couple tangles over $13M in Miami Beach properties
UPDATED April 4, 2018, 4:45 p.m.: An Israeli couple’s divorce battle over their multimillion-dollar Miami Beach property portfolio has ensnared one of South Florida’s...
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