Michael Nazerian

Exxir Wants You to Fall in Love

By Karen Eubank / February 16, 2025 /

Exxir Capital is not your typical developer. The vertically integrated real estate and hospitality firm is family owned and operated, with Chairman Farrokh Nazerian, CEO Michael Nazerian, and Vice President of Hospitality Natasha Nazerian heading up the company. The family factor makes a substantial difference in the development sector, as does keeping all the decision-making…

The Tipsy Elf Returns to Bishop Arts District

By Karen Eubank / November 21, 2024 /

Bishop Arts District’s Tipsy Elf is not your typical pop-up bar — far from it — because Exxir Capital does nothing by half measures. Five years ago, the creative team put their heads together and started thinking about how their Elf on the Shelf would celebrate the holidays. “Our CEO, Michael Nazerian, loves Christmas and…

Dallas Development is a Strange Dichotomy of Tall Buildings Built in All The Wrong Places

By Jon Anderson / June 4, 2021 /

Last week I was sickened to read about Spectrum Properties’ plans for the North Texas Food Bank headquarters bound by Pearl Expressway, Cesar Chavez Blvd., and Farmers Road in the Farmer’s Market area of downtown Dallas. Not because the Food Bank will be displaced – it won’t. But because Spectrum, who purchased the land from…

An Honest Conversation on Our Changing Oak Cliff

By Amanda Popken / July 27, 2017 /

This morning’s panel discussion on Oak Cliff: Challenges + Opportunities for the Urban Neighborhood was a strikingly honest — almost uncomfortably honest — conversation, both between the panelists and in the Q&A. The panel brought together two well-established Oak Cliff developers — David Spence of Good Space and Monte Anderson of Options Real Estate —…

Nazarians Push For Bishop Arts Village Zoning Change Request to Allow Hotel and Event Use

By Amanda Popken / December 14, 2016 /

Update 12/16/16 from yesterday’s Plan Commission meeting: after much conversation, commissioners voted to hold the motion until the January 19th meeting. Neighbors will be meeting with Rob Baldwin, the developer’s zoning rep after the New Year to clarify recent changes to the zoning amendment request. Arts Village, LLC (aka Exxir Capital, aka the Nazarian family)…