Capstone Developments

Capstone Developments is a Montreal-based real estate development firm founded by Andrew Pascal and Robert Tortorici, with a focus on strategic urban growth. We specialize in acquiring underutilized, off-market sites in high-potential, service-oriented neighbourhoods and repositioning them through zoning advancement, thoughtful design, and disciplined execution.

Bringing deep expertise in multifamily and mixed-use development, we operate with in-house capabilities across site acquisition, regulatory approvals, financial structuring, and full-cycle project delivery. Supported by strong municipal relationships and a trusted network of institutional and private capital partners, we approach each project with a strong sense of stewardship—ensuring alignment between planning vision, execution strategy, and investor objectives.

We prioritize institutional-grade execution, strategic positioning, and rigorous underwriting to unlock value and deliver high-performing real estate. Through transparent collaboration and disciplined project management, we create assets that meet market demand, exceed investor expectations, and strengthen the communities in which we build.