Romanian Developer Takes $43M Stake in Brickell Casa Tua Condo Tower

Fortune International Group has secured an equity partner for ORA by Casa Tua, a 77-story condominium tower planned at 1210 Brickell Avenue in Miami's Brickell district. Romanian developer One United Properties has invested $43 million in the 533-unit project, roughly three years after the Casa Tua-branded condo began sales.

The tower sits near the corner of Southeast 13th Street, across from Fortune's headquarters. Fortune, led by Edgardo Defortuna, has been raising capital through the EB-5 immigrant investor program since 2025. The developer bought the one-acre site for $30 million in 2024, a year after launching sales. It did not immediately disclose current sales figures. Units will be delivered fully furnished, and the project is the first branded residential tower for Casa Tua, an Italian hospitality concept.

One United Properties, founded in 2007 and listed on the Bucharest Stock Exchange since 2021, cited the location, approved plans and pre-sales as reasons for the investment. Construction is expected to begin in the first quarter of 2027.

The equity deal follows a string of debt financings in Miami-Dade County. Fortune recently closed a $817 million construction loan for a Faena-branded project downtown, along with $463 million for St. Regis Residences in Sunny Isles Beach and a $220 million predevelopment loan for a Key Biscayne waterfront site.

For developers and lenders, the deal shows foreign capital still backing high-end Miami condo towers, with a clear path from approved plans to pre-sales to construction financing.