Fred Sands
{{Short description|American business executive and real estate investor}}
{{Infobox person
| name = Fred Sands
| image =
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| birth_name =Fred Charles Sands
| birth_date = February 16, 1938
| birth_place = New York City, U.S.
| death_date = {{death date and age|2015|10|23|1938|2|16}}
| death_place =Boston, Massachusetts, U.S.
| death_cause =
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| education =
|alma mater= University of California, Los Angeles
| employer =
| occupation =Real estate
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|spouse={{marriage|Carla Herd|1998}}
| children =2
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| website = [https://web.archive.org/web/20011202233207/http://www.vintagecapitalgroup.com/ VintageCapitalGroup.com]
}}
Fred Charles Sands (February 16, 1938 – October 23, 2015) was an American business executive and real estate investor. He served as the Chairman of Vintage Capital Group.
Early life
Fred Charles Sands{{Cite web|url=https://patents.justia.com/patent/8052767|title = US Patent for Jet engine protection system Patent (Patent # 8,052,767 issued November 8, 2011) - Justia Patents Search}} was born to a Jewish family{{cite news |last=Torok |first=Ryan |date=October 27, 2015 |title=Fred Sands, real estate leader and philanthropist, dies at 77 |url=https://jewishjournal.com/news/los_angeles/178954/ |newspaper=The Jewish Journal of Greater Los Angeles |location=Los Angeles, California |access-date=October 27, 2015 }} on February 16, 1938, in Manhattan, New York City.Peter Y. Hong, [https://www.latimes.com/archives/la-xpm-2009-jan-11-fi-himi11-story.html Knowing when to get in, and out], The Los Angeles Times, January 11, 2009{{cite news |last=Lopez |first=Matt |date=October 26, 2015 |title=Real Estate Mogul Fred Sands Dies At 77 |url=http://bhcourier.com/real-estate-mogul-fred-sands-dies-at-77/ |newspaper=The Beverly Hills Courier |location=Beverly Hills, California |access-date=October 27, 2015 |archive-date=October 28, 2015 |archive-url=https://web.archive.org/web/20151028134650/http://bhcourier.com/real-estate-mogul-fred-sands-dies-at-77/ |url-status=dead }}{{cite news |last=Khouri |first=Andrew |date=October 27, 2015 |title=Fred Sands, once the king of high-end L.A. real estate, dies at 77 |url=http://www.latimes.com/local/obituaries/la-me-fred-sands-dies-77-20151026-story.html |newspaper=The Los Angeles Times |access-date=October 29, 2015 }} 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 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.{{cite news|last1=Oldham|first1=Jennifer|last2=Wedner|first2=Diane|title=Southland Real Estate Giants to Merge|url=https://www.latimes.com/archives/la-xpm-2000-dec-02-fi-60200-story.html|access-date=August 26, 2016|work=The Los Angeles Times|date=December 2, 2000}}
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.{{cite news |title=Vintage Real Estate buys retail center north of Cincinnati |newspaper=Los Angeles Business Journal |date=2007-07-26 |url=http://losangeles.bizjournals.com/losangeles/stories/2007/07/23/daily24.html |accessdate=2010-01-18 }}{{cite news |url=https://www.latimes.com/archives/la-xpm-2009-jan-11-fi-himi11-story.html |author=Hong, Peter Y. |newspaper=Los Angeles Times |date=2009-01-11 |title=Knowing when to get in, and out |access-date=2010-01-18 }}{{cite news|title=Vintage Real Estate. (appointments) |newspaper=Los Angeles Business Journal |date=2007-02-19 |url=http://goliath.ecnext.com/coms2/gi_0199-6387210/Vintage-Real-Estate-appointments-Brief.html |accessdate=2010-01-18 }}{{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}} Among the firm's projects was SouthBay Pavilion, in Carson, California.{{cite news |title=Fred Sands adds SouthBay Pavilion to growing portfolio |author=Vincent, Roger |newspaper=Los Angeles Times |date=2009-07-09 |url=https://www.latimes.com/archives/la-xpm-2009-jul-09-fi-sands9-story.html |access-date=2010-01-18 }} 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.{{cite news|last1=Crouch|first1=Gregory|title=Subdivision Claims Beverly Hills Style--in Sherman Oaks|url=https://www.latimes.com/archives/la-xpm-1988-10-30-fi-854-story.html|access-date=December 1, 2017|work=The Los Angeles Times|date=October 30, 1988}}
Sands was a co-founder of the Museum of Contemporary Art, Los Angeles, and served as the Vice Chairman of its board of trustees.[http://www.artdaily.org/index.asp?int_sec=2&int_new=31722# MOCA Raises $57 Million, Contributes $8.5 Million to Endowment Assets], Art Daily, He also served on the board of trustees of the Los Angeles Opera.[http://www.laopera.org/company/board/ Los Angeles Opera: Board of Trustees]
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 married Carla Herd in 1998.{{Cite web |url=http://www.musiccenter.org/support/Key-Supporters/The-Blue-Ribbon/Board-of-Directors/ |title=Los Angeles Music Center: Board of Directors: Blue Ribbon |access-date=2014-11-25 |archive-date=2014-11-27 |archive-url=https://web.archive.org/web/20141127003047/http://www.musiccenter.org/support/Key-Supporters/The-Blue-Ribbon/Board-of-Directors/ |url-status=dead }}{{Cite web|url=http://www.allgov.com/news/top-stories/us-ambassador-to-denmark-who-is-carla-sands-171016?news=860334|title = U.S. Ambassador to Denmark: Who is Carla Sands?}} 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.
References
{{Reflist}}
External links
- [http://www.vintagecapitalgroup.com Vintage Capital Group] {{Webarchive|url=https://web.archive.org/web/20200108082913/http://www.vintagecapitalgroup.com/ |date=2020-01-08 }}
- [http://www.vintage-vre.com Vintage Real Estate] {{Webarchive|url=https://web.archive.org/web/20200201080742/http://www.vintage-vre.com/ |date=2020-02-01 }}
- [http://www.vintage-vfm.com Vintage Fund Management] {{Webarchive|url=https://web.archive.org/web/20190805182612/http://vintage-vfm.com/ |date=2019-08-05 }}
{{Authority control}}
{{DEFAULTSORT:Sands, Fred}}
Category:American real estate investors
Category:Businesspeople from Manhattan
Category:People from Bel Air, Los Angeles
Category:University of California, Los Angeles alumni
Category:Businesspeople from California
Category:Philanthropists from California
Category:American art collectors
Category:Pepperdine University people
Category:Philanthropists from New York (state)
Category:American businesspeople in real estate