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'''Khashayar Khavari''' () also known as '''Khash Khavari''' or '''Khashayar Khalili''' is an [[Iranian]]-[[Canadian]] [[real estate developer]] and [[entrepreneur]] active in [[Toronto]].
== Early life ==
Khavari was born in Tehran, Iran to [[Mahmoud Reza Khavari]] and Mandana Khalili<ref>http://bit.ly/2Dr0pWH>. His father, [[Mahmoud Reza Khavari]], has been a top banker in the Iranian government who was involved in largest embezzlement case in Iranian history and fled to Canada.<ref>http://bit.ly/2VSWOrI>
Khavari obtained a bachelor's degree in electrical engineering from [[University of Toronto]] in 2005 and a M.Sc. in Computer Engineering in 2007.<ref>http://bit.ly/2Dtp7G1> Khavari worked as a research scientist in [[University of Toronto]] and [[IBM]] Canada upon graduation until 2009 when he left his PhD position to become active in business world.
From 2010 to 2015 he was the co-founder and Vice President of Mizrahi developments, one of the largest real estate development companies in Toronto who developed [[The One (Toronto)|the one]] project. Since 2012 he founded Peer To Peer Hospitality Group, a company that manages hospitality industry. Since 2015 he founded H&C Developments, a real estate development company.
<ref>http://bit.ly/2Dtp7G1>
According to his website Khashayar Khavari has invested in the following businesses in [[Toronto]] :
H&Co Developments,Mizrahi Developments,Atlas Restaurant,Tanto Restaurant,Peer to Peer Hospitality Group,Cava Restaurant,Chabrol Restaurant,Lapinou Bistro.<ref>http://bit.ly/2VYf0Ai>
== Lawsuit with [[Sam Mizrahi]] ==
In June 2016 Bloomberg reported that there are several ongoing court proceedings in Ontario between Khashayar Khavari (who was using an alias name of Khashayar Khalili), and his business partner, Toronto developer [[Sam Mizrahi]]. According to the report Khashayar Khavari (aka Kashayar Khalili) invested in two midtown luxury projects belonging to Mizrahi. Khavari has claimed 105 million Canadian dollars in damages. According to Mizrahi, Khavari threatened Mizrahi's life on several occasions.<ref name=":0">Liquid error: wrong number of arguments (1 for 2)</ref>
The Khavari family firmly contends that allegations of the purported death threats are false, and Khash believes they were used as a “[distraction] from the real issues in the lawsuit.” In court filings Khash alleges that:<ref name=":2">Liquid error: wrong number of arguments (1 for 2)</ref><blockquote>“Mr. Mizrahi has repeatedly endangered his family’s safety by mentioning his father’s alleged criminal past.</blockquote><blockquote>Given Mahmoud’s previous career in the Iranian banking system, there are religious and political extremists that wish to harm Mahmoud and his family […] Sam knows this. Sam has included these irrelevant allegations for the collateral and improper purpose of placing Mahmoud and his family in physical jeopardy.”<ref name=":2" /></blockquote>On March 24, 2016, the court dismissed a motion on the part of the Khavaris to have Mizrahi return shares of five corporations held by Mizrahi, ruling "Khash has transferred all of his rights of ownership in the Shares to MEI [Mizrahi]. What remains under the Trust Agreement is essentially no more than a contractual obligation on the part of MEI to re-transfer the Shares at a future point in time".<ref></ref> Most recently, on August 17, 2016, the judge presiding over the legal dispute dismissed the motion for an inspector to be assigned to investigate Mizrahi's finances, writing "... I am further of the view that, in all of the circumstances, it would not be appropriate to appoint an inspector."<ref></ref>
== Referencess ==
[[Category:Businesspeople from Toronto]]
[[Category:Canadian real estate businesspeople]][[Category:Iranian emigrants to Canada]][[Category:People from Tehran]]
[[Category:Living people]]
== Early life ==
Khavari was born in Tehran, Iran to [[Mahmoud Reza Khavari]] and Mandana Khalili<ref>http://bit.ly/2Dr0pWH>. His father, [[Mahmoud Reza Khavari]], has been a top banker in the Iranian government who was involved in largest embezzlement case in Iranian history and fled to Canada.<ref>http://bit.ly/2VSWOrI>
Khavari obtained a bachelor's degree in electrical engineering from [[University of Toronto]] in 2005 and a M.Sc. in Computer Engineering in 2007.<ref>http://bit.ly/2Dtp7G1> Khavari worked as a research scientist in [[University of Toronto]] and [[IBM]] Canada upon graduation until 2009 when he left his PhD position to become active in business world.
From 2010 to 2015 he was the co-founder and Vice President of Mizrahi developments, one of the largest real estate development companies in Toronto who developed [[The One (Toronto)|the one]] project. Since 2012 he founded Peer To Peer Hospitality Group, a company that manages hospitality industry. Since 2015 he founded H&C Developments, a real estate development company.
<ref>http://bit.ly/2Dtp7G1>
According to his website Khashayar Khavari has invested in the following businesses in [[Toronto]] :
H&Co Developments,Mizrahi Developments,Atlas Restaurant,Tanto Restaurant,Peer to Peer Hospitality Group,Cava Restaurant,Chabrol Restaurant,Lapinou Bistro.<ref>http://bit.ly/2VYf0Ai>
== Lawsuit with [[Sam Mizrahi]] ==
In June 2016 Bloomberg reported that there are several ongoing court proceedings in Ontario between Khashayar Khavari (who was using an alias name of Khashayar Khalili), and his business partner, Toronto developer [[Sam Mizrahi]]. According to the report Khashayar Khavari (aka Kashayar Khalili) invested in two midtown luxury projects belonging to Mizrahi. Khavari has claimed 105 million Canadian dollars in damages. According to Mizrahi, Khavari threatened Mizrahi's life on several occasions.<ref name=":0">Liquid error: wrong number of arguments (1 for 2)</ref>
The Khavari family firmly contends that allegations of the purported death threats are false, and Khash believes they were used as a “[distraction] from the real issues in the lawsuit.” In court filings Khash alleges that:<ref name=":2">Liquid error: wrong number of arguments (1 for 2)</ref><blockquote>“Mr. Mizrahi has repeatedly endangered his family’s safety by mentioning his father’s alleged criminal past.</blockquote><blockquote>Given Mahmoud’s previous career in the Iranian banking system, there are religious and political extremists that wish to harm Mahmoud and his family […] Sam knows this. Sam has included these irrelevant allegations for the collateral and improper purpose of placing Mahmoud and his family in physical jeopardy.”<ref name=":2" /></blockquote>On March 24, 2016, the court dismissed a motion on the part of the Khavaris to have Mizrahi return shares of five corporations held by Mizrahi, ruling "Khash has transferred all of his rights of ownership in the Shares to MEI [Mizrahi]. What remains under the Trust Agreement is essentially no more than a contractual obligation on the part of MEI to re-transfer the Shares at a future point in time".<ref></ref> Most recently, on August 17, 2016, the judge presiding over the legal dispute dismissed the motion for an inspector to be assigned to investigate Mizrahi's finances, writing "... I am further of the view that, in all of the circumstances, it would not be appropriate to appoint an inspector."<ref></ref>
== Referencess ==
[[Category:Businesspeople from Toronto]]
[[Category:Canadian real estate businesspeople]][[Category:Iranian emigrants to Canada]][[Category:People from Tehran]]
[[Category:Living people]]
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