Capstone Investment Group S.A.L. (“Capstone”) is a private investment firm dedicated to excellence and committed to the highest ethical standards. Our activities focus on the real estate sector in Lebanon, with an emphasis on developing prime residential, commercial, retail, hospitality and mixed-use properties.

Capstone brings to the table solid experience, in addition to vast intellectual capital and unconventional thinking to deliver to our clients an iconic portfolio of real estate projects.

Our local and regional business relationships give us an edge in creating unique opportunities. Our multidisciplinary backgrounds and expertise give us an exceptional ability to navigate through challenging economic and political cycles and to bring a project from thought to finish.

Capstone’s management team puts our clients needs first, and is committed to exceptional performance and uncompromising integrity with the aim of creating long-term value for all stakeholders.

Management Team and Board of Directors

Capstone’s strong and able management team is composed of dedicated and highly-qualified senior professionals with experience gained internationally and in the Middle East in finance, engineering, project management and sales.

Ziad R. Maalouf
Chairman & CEO

Mr. Maalouf is the founder of Capstone Investment Group S.A.L. Prior to founding Capstone, Mr. Maalouf was Partner and Senior Vice President at MENA Capital SAL, a regional real estate and private equity firm that he helped establish in 2004 to become one of the most recognized real estate developers in Lebanon.

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Wissam R. Maalouf

Mr. Maalouf is a seasoned professional with over ten years of financial advisory experience. Prior to joining Capstone, Mr. Maalouf was a Manager at Navigant Capital Advisors, LLC, the Corporate Finance practice of Navigant Consulting, Inc. (NYSE: NCI), in Chicago, USA.

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Ziad Khabbaz
VP-Project Management

Mr. Ziad Khabbaz is an accomplished architect with over 13 years experience in Construction & Project Management. Mr. Khabbaz assumed positions of increasing responsibilities and oversaw the execution of a number of landmark projects worth millions of dollars in Beirut and Dubai.

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Joseph Khawam
Board Member

Mr. Joseph Khawam is a board member of Capstone and a shareholder. He is an accomplished businessman with interests in several sectors, including insurance, financial and real estate.

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Maurice Gemayel
Board Member

Maurice Gemayel is a Senior Partner in the Gemayel Law Firm. His broad base of experience includes counseling companies and boards of directors on corporate matters and regulatory compliance.

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Leila Sawma
VP - Sales & Marketing

As a Keynote Speaker and experienced Sales and Marketing Manager, Ms.Sawma brings a strategic yet personable approach to the Customer Care field. 

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Guiding Principles

Capstone is dedicated to the following attributes and guiding principles:


We are committed to operate in a professional and responsible manner and hold ourselves to the highest professional ethics.


We strive to be the best in everything we do.


We will constantly strive to meet our clients needs and strengthen our relationship with them to build long-term confidence.


We are committed to serve our clients interests and provide conflict-free and entirely objective service and advice.


We are committed to treat the information of our clients in the strictest of confidence.


We acknowledge and assume responsibility for our actions and decisions.