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 was born to a

Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...

family on February 16, 1938, in

Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

.Peter Y. Hong
Knowing when to get in, and out
''

The Los Angeles Times The ''Los Angeles Times'' is an American daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo since 2018, it is the sixth-largest newspaper in the U.S. and the larges ...

'', January 11, 2009 His father was a taxi driver. He moved to

Boyle Heights Boyle may refer to: Places United States * Boyle, Kansas, an unincorporated community * Boyle, Mississippi, a town *Boyle County, Kentucky *Boyle Heights, Los Angeles, a neighborhood Elsewhere * Boyle (crater), a lunar crater * 11967 Boyle, ...

Los Angeles, California Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

, 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 The University of California, Los Angeles (UCLA) is a public university, public Land-grant university, land-grant research university in Los Angeles, California, United States. Its academic roots were established in 1881 as a normal school the ...

Career

Sands established Fred Sands Realtors, a real estate company headquartered in

Brentwood, Los Angeles Brentwood is a suburban neighborhood in the Westside region of Los Angeles, California. History General Modern development began after the establishment of the Pacific Branch of the National Home for Disabled Soldiers and Sailors in the ...

, in the 1960s. Over the years, the company opened 65 offices in California. In 2000, he sold it to

Coldwell Banker Coldwell Banker Real Estate LLC is an American real estate franchise owned by Anywhere Real Estate, with headquarters in Madison, New Jersey. It was founded in 1906 in San Francisco, and has approximately 3000 offices in 49 countries and terri ...

. 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 projects was SouthBay Pavilion, in

Carson, California Carson is a city in the South Bay (Los Angeles County), South Bay and the Los Angeles Harbor Region, Harbor regions of Los Angeles County, California, located south of downtown Los Angeles and approximately away from Los Angeles International ...

. 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. Sands was a co-founder of the

Museum of Contemporary Art, Los Angeles The Museum of Contemporary Art, Los Angeles (MOCA) is a contemporary art museum with two locations in greater Los Angeles, California. The main branch is located on Grand Avenue in Downtown Los Angeles, near the Walt Disney Concert Hall. MOCA's ori ...

, and served as the Vice Chairman of its board of trustees.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 The Los Angeles Opera, originally called the Los Angeles Music Center Opera, is an American opera company in Los Angeles, California. It is the fourth-largest opera company in the United States. The company's home base is the Dorothy Chandler P ...

. Sands was appointed by President

George W. Bush George Walker Bush (born July 6, 1946) is an American politician and businessman who was the 43rd president of the United States from 2001 to 2009. A member of the Bush family and the Republican Party (United States), Republican Party, he i ...

to the President's Advisory Committee on the Arts and a liaison to the

Kennedy Center The John F. Kennedy Memorial Center for the Performing Arts, commonly known as the Kennedy Center, is the national cultural center of the United States, located on the eastern bank of the Potomac River in Washington, D.C. Opened on September 8, ...

. He was also appointed by Governor

Arnold Schwarzenegger Arnold Alois Schwarzenegger (born July30, 1947) is an Austrian and American actor, businessman, former politician, and former professional bodybuilder, known for his roles in high-profile action films. Governorship of Arnold Schwarzenegger, ...

to the

California Arts Council The California Arts Council functions as a state agency headquartered in Sacramento, California. Its board comprises eight council members who receive appointments from both the Governor A governor is an politician, administrative leader and ...

Personal life

Sands married Carla Herd in 1998. 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 Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

, on October 23, 2015, at the age of 77. His funeral was held at the Wilshire Boulevard Temple in

, on October 30, 2015.

References

External links

Vintage Capital Group

Vintage Real Estate

Vintage Fund Management
{{DEFAULTSORT:Sands, Fred 1938 births 2015 deaths American real estate investors Businesspeople from Manhattan People from Bel Air, Los Angeles University of California, Los Angeles alumni Businesspeople from California Philanthropists from California American art collectors Pepperdine University people Philanthropists from New York (state) American businesspeople in real estate 20th-century American businesspeople 21st-century American Jews