Founders / Sponsors – Legacy One

Namir Cortas

Chairman

Mr. Cortas started his career in New York with Deloitte, where he qualified as a Certified Public Accountant. He then moved to the UK for 17 years, working in finance and consultancy in construction and real estate. In 1997, he returned to Lebanon and developed several projects in Beirut Central District. Recently, he oriented his development activities towards middle-income housing. Mr. Cortas is the president of the Real Estate Developers Association of Lebanon (REDAL). He holds a master’s degree in accounting from Long Island University and a bachelor’s degree in political studies from the American University of Beirut.

Massaad Fares

Investment Committee Member

Mr. Fares brings more than 38 years of experience in real estate, covering several facets of the industry: development, marketing, sales and finance. He has worked in San Francisco, New York, Marbella, the Gulf and Beirut, where he returned in 1996 and founded Prime Consult. Mr. Fares has been on the forefront of the Lebanese real estate industry and has relentlessly worked towards its increased regulation and institutionalization. He was the main founder of the Real Estate Syndicate of Lebanon (REAL) -which he presided from 2010 to 2017 and continues to be its Honorary President- and was instrumental in founding The Real Estate Developers Association - Lebanon (REDAL) where he is the Board Secretary. Mr. Fares also sits on a variety of advisory boards for religious and social organizations.