Real Estate 'Magic' In The Inner City

A development fund co-founded by ex-Laker Earvin "Magic" Johnson sees potential for commercial development in inner-city neighborhoods.

1 minute read

March 25, 2005, 12:00 PM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

Commercial developments in inner-city neighborhoods, once overlooked by investors, are becoming increasingly attractive as the Canyon-Johnson Urban fund has "proven that there is money to be made in what seem to be forgotten and rundown urban areas," says John Shirey, executive director of the California Redevelopment Assn.

Thanks to Adam Christian

FULL STORY: More Real Estate Investors Believe in Magic in Inner City

Wednesday, March 23, 2005 in The Los Angeles Times

Community / Economic Development California

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