'Obviously, there has been growth since I started this business—a lot more minorities and women are in the field. But I have to say it's still disappointing that none of them have the scale that we reached years ago,' Victor MacFarlane said.
After 35 years at the helm of San Francisco-based MacFarlane Partners — one of the first and largest Black-owned development firms in the country — founding principalMacFarlane said he will give up day-to-day operations but remain"
In his new role, Taylor will focus on scaling the firm's investment management platform — that includes launching its next series of private equity funds focused on achieving top-quartile financial performance for investors, but"also help to to achieve what I call economic parity for the companies and the communities that we invest in," Taylor said.
Taylor said he will oversee the launch of a new series of funds committed to"leveling the playing field in our industry by helping early-stage real estate companies that have women and BIPOC leadership in their C-suite by providing them with the capital, mentorship and the ecosystem that they need to scale their businesses and get to a position where they can access institutional capital on a sustainable basis.
the company has managed in excess of $20 billion in real estate assets in over 30 cities on behalf of more than 40 institutions.
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