Victor B. MacFarlane
Managing Principal, Chairman and Chief Executive Officer

Victor B. MacFarlane is managing principal, chairman and chief executive officer of MacFarlane Partners, which he founded in 1987 to provide real estate investment management services to institutional investors. Under his leadership, MacFarlane Partners pioneered the urban investment concept among institutional real estate managers and today has become one of the leading real estate investment management firms in the United States.

Victor has 31 years of real estate experience, and has worked extensively in property development, acquisitions, asset management and portfolio management on behalf of some of the world's largest pension plans and institutions. In 1996, he sold the investment management business of MacFarlane Partners to GE Capital and then served for three years as chief executive officer of GE Capital Investment Advisors. During that period, he also spearheaded several global strategic initiatives for GE Capital Real Estate, an affiliate with $20 billion in real estate assets worldwide, overseeing or participating in its expansion plans in Asia, Mexico and Eastern Europe.

At the end of his contractual commitment in April 1999, he resigned from GE Capital and restarted MacFarlane Partners as an entrepreneurial firm focusing on urban properties and other high-yielding real estate investments.

Victor began his real estate career with Aetna Life & Casualty Company, where he helped acquire and manage more than $1 billion in real estate assets. In addition, he has developed and managed award-winning residential and mixed-use properties in California and Colorado.

Victor is a past recipient of the National Inner City Leadership Award from the Initiative for a Competitive Inner City and the Trailblazer Achievement Award from the Global Diversity Summit. He sits on the boards of directors of the Robert Toigo Foundation, the Real Estate Executive Council and the Initiative for a Competitive Inner City. He also serves on the board of directors of Developers Diversified Realty Corporation, the board of advisors for UCLA Law School, and the board facilities committee of Stanford Hospitals & Clinics.

Victor is a member and trustee of the Urban Land Institute; a member and former director of the Pension Real Estate Association; and a member of the International Council of Shopping Centers, the Chief Executives Organization and the World Presidents Organization.

He holds a master’s degree in business administration from the University of Pittsburgh; a juris doctor degree from the University of California, Los Angeles; a bachelor’s degree in university studies from the University of New Mexico; and an honorary doctor of law degree from the University of the District of Columbia.