Fred Sands


Fred Sands was an American business executive and real estate investor. He served as the Chairman of Vintage Capital Group.

Early life

Fred Sands was born to a Jewish family on February 16, 1938 in Manhattan, New York City. His father was a taxi driver. He moved to Boyle Heights, Los Angeles, California with his parents in 1945, when he was seven years old.
Sands was educated at the Roosevelt High School. He attended the University of California, Los Angeles.

Career

Sands established Fred Sands Realtors, a real estate company headquartered in Brentwood, Los Angeles, in the 1960s. Over the years, the company opened 65 offices in California. In 2000, he sold it to Coldwell Banker. The merger was managed by Lloyd Greif.
Sands headed two private investment firms, Vintage Capital Group and Vintage Real estate, both headquartered in Los Angeles. Vintage Capital Group invested in a variety of businesses and industries, specializing in turnarounds of distressed companies and bankruptcies. Vintage Real Estate and Vintage Fund Management were both wholly owned divisions of the Group. The company typically acquired underperforming shopping centers and renovated them. Among the firm's current projects is SouthBay Pavilion, in Carson, California. Fred also owned radio stations and hotels in the past.
Sands was the original estate agent for Mulholland Estates, a gated community in Los Angeles.

Philanthropy

Sands was a co-founder of the Museum of Contemporary Art, Los Angeles, and served as the Vice Chairman of its Board of Trustees. He also served on the Board of Trustees of the Los Angeles Opera.
Sands 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.

Personal life

Sands was married to Carla Herd, a philanthropist who serves as President of the Blue Ribbon Board of Directors of the Los Angeles Music Center and was appointed United States Ambassador to Denmark by President Donald Trump in 2017. They resided in Bel Air and collected art.
He had a son, Jonathan, and a daughter, Alexandra.

Death

Sands died of a stroke in Boston, Massachusetts on October 23, 2015 at the age of 77. His funeral was held at the Wilshire Boulevard Temple in Los Angeles, California on October 30, 2015.