Frank Zaccanelli was hand picked by Texas billionaire H. Ross Perot to help start a new real estate investment business. That was in 1986, and marked the beginning of a fourteen-year tenure as Senior Executive and Principal of Perot's diverse investment interests. He is also a former co-owner of the Dallas Mavericks basketball team, and is currently playing an instrumental role in refurbishing the Statler Hotel and Residences in downtown Dallas, formerly the Statler Hilton.