Fred Sands, American real estate mogul, Died at 77

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Fred Sands was born on February 16, 1938, and died on October 23, 2015 from a stroke.

Fred was an American business executive and real estate investor.

He served as the Chairman of Vintage Capital Group.

Fred was born on February 16, 1938 in Manhattan, New York City.

He moved to Los Angeles, California with his parents in 1945, when he was seven years old.

Fred was educated at the Roosevelt High School.

He graduated with a bachelor’s degree in business administration from the University of California, Los Angeles.

Fred 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.

Fred headed two private investment firms, Vintage Capital Group and Vintage Real estate, both headquartered in Los Angeles.

The 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.

Sands was married to Carla Sands, a philanthropist who serves as President of the Blue Ribbon Board of Directors of the Los Angeles Music Center.

They resided in Bel Air.

They had a son, Jonathan, and a daughter, Alexandra. They collected art.

Fred Sands died on October 23, 2015 at the age of 77.

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