|Born||New York City|
Fred Sands is a business executive, investor, and Chairman of Vintage Capital Group.
Fred Sands was born in 1938 in Manhattan, New York City. He moved to Los Angeles, California with his parents in 1945, when he was seven years old. He graduated from the Roosevelt High School. He then attended UCLA.
He started his career in real estate by flipping houses. Shortly after, he got his realtor license and started working as the Chairman of Fred Sands Realtors. In 2000, he sold it to Coldwell Banker.
He heads two private investment firms, Vintage Capital Group and Vintage Real estate, both headquartered in Los Angeles. Vintage Capital Group has invested in a variety of businesses and industries, specializing in turnarounds of distressed companies and bankruptcies. Vintage Real Estate and Vintage Fund Management are both wholly owned divisions of the Group. The company typically buys underperforming shopping centers and renovates them. Among the firm's current projects is SouthBay Pavilion, in Carson, California.
Mr. Fred Sands personal investments over the years have resulted in a return on capital in excess of an 8x cash multiple, a strong testament to the business acumen and experience covering multiple decades and having successfully navigated multiple economic downturns.
He was appointed by President George W. Bush to the President's Advisory Committee on the Arts and a liaison to the Kennedy Center. He was also appointed by Governor Arnold Schwarzenegger to the California Arts Council. He serves as the Vice Chairman of the Board of Trustees of Museum of Contemporary Art, Los Angeles. He also serves on the Board of Trustees of the Los Angeles Opera. Partnering with one of California’s most successful real estate industry icons, Pepperdine University established the Fred Sands Institute of Real Estate within its Graziadio School of Business and Management.
- Peter Y. Hong, Knowing when to get in, and out, The Los Angeles Times, January 11, 2009
- "Vintage Real Estate buys retail center north of Cincinnati". Los Angeles Business Journal. 2007-07-26. Retrieved 2010-01-18.
- Hong, Peter Y. (2009-01-11). "Knowing when to get in, and out". Los Angeles Times. Retrieved 2010-01-18.
- "Vintage Real Estate. (appointments)". Los Angeles Business Journal. 2007-02-19. Retrieved 2010-01-18.[dead link]
- Vincent, Roger (2009-07-09). "Fred Sands adds SouthBay Pavilion to growing portfolio". Los Angeles Times. Retrieved 2010-01-18.
- MOCA Raises $57 Million, Contributes $8.5 Million to Endowment Assets, Art Daily,
- Los Angeles Opera: Board of Trustees
- Los Angeles Music Center: Board of Directors: Blue Ribbon