Since arriving in Miami over three decades ago, Edgardo Defortuna has become a force to be reckoned with in the real estate industry with his company Fortune International Group.
In real estate, timing is everything. Just as Miami’s renaissance began, Edgardo Defortuna arrived from Argentina to pursue his MBA degree. Inspired by the Miami style, Defortuna developed big dreams of a career in real estate. His company, Fortune International Group, is now the recognized expert in Miami real estate. And it all started with a single condominium unit.
“Friends of my parents had purchased a unit, so while I studied, I managed the unit,” says Defortuna. “I realized there were probably many people from Latin America who needed the same management services to manage a unit, handle the rent and pay expenses. I offered my services, and word got around that I was very good at this, so I got my real estate licence and began to handle many units. An older gentleman was about to retire and suggested I purchase his company … and I began to manage the office and the agents.”
Feeling this business model could be replicated, Defortuna acquired some other companies of roughly the same size and under the same terms, focusing on Latin American investors. He then took a proactive step that was the genesis of Fortune International Group.
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