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Victor B Macfarlane

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BUSINESS
June 26, 1996 | JESUS SANCHEZ, TIMES STAFF WRITER
A real estate partnership that includes former NBA star Earvin "Magic" Johnson Jr. said Tuesday that it has agreed to purchase a shopping center in southwest Los Angeles for $20.1 million as part of a venture to develop retail centers in underserved urban and minority communities in California. The deal to buy the Ladera Shopping Center is the first for the partnership that involves Johnson, the California Public Employees' Retirement System and San Francisco investment advisor Victor B.
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BUSINESS
June 26, 1996 | JESUS SANCHEZ, TIMES STAFF WRITER
A real estate partnership that includes former NBA star Earvin "Magic" Johnson Jr. said Tuesday that it has agreed to purchase a shopping center in southwest Los Angeles for $20.1 million as part of a venture to develop retail centers in underserved urban and minority communities in California. The deal to buy the Ladera Shopping Center is the first for the partnership that involves Johnson, the California Public Employees' Retirement System and San Francisco investment advisor Victor B.
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BUSINESS
March 6, 1996 | Times Staff and Wire Reports
Magic Johnson Teams With CalPERS: The California Public Employees' Retirement System and a partnership that includes the Lakers basketball star will invest $51.5 million in retail real estate development in predominantly minority neighborhoods. CalPERS, which tentatively approved the venture last year, will contribute $50 million and Magic Johnson and his partner, San Francisco real estate investment advisor Victor B. MacFarlane, will put up $1.5 million.
CALIFORNIA | LOCAL
November 30, 2005 | Michael Finnegan, Times Staff Writer
Former NBA basketball star Magic Johnson threw his support behind Phil Angelides on Tuesday in a move that heightens the visibility of the state treasurer's bid to unseat Gov. Arnold Schwarzenegger next November. "Phil is the only qualified candidate to run the state of California," the former Laker player told about 100 people gathered near a popcorn stand in his Magic Theatres complex at the Baldwin Hills Crenshaw Plaza in Los Angeles.
BUSINESS
January 3, 2007 | Annette Haddad, Times Staff Writer
Lennar Corp. said Tuesday that it would sell a majority stake in a joint venture that owns one of the largest residential developments in Los Angeles County, the latest example of a home builder selling land to cope with a bruising housing slowdown. But the fact that buyers are snapping up such land is a sign of improving confidence in Southern California's home-building market, analysts said.
BUSINESS
May 21, 1998 | GREG JOHNSON
It's rare for a professional athlete long retired from the sports world to score with commercial and product endorsement deals. It's even more unexpected when the player in question is Earvin "Magic" Johnson, whose endorsement career stalled in 1991 when he abruptly abandoned his National Basketball Assn. career after testing positive for HIV. Defying the odds, Johnson has returned to celebrity spokesdom.
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