Mr. Sands is the Chairman of Vintage Real Estate, LLC, a firm specializing in the acquisition and redevelopment of under-performing regional malls and large shopping centers. Vintage Real Estate is led by a team of seasoned senior executives. Mr. Sands is also the Chairman of Vintage Fund Management, LLC, a private equity fund that was established to expand his diverse non-real estate private investment activities spanning more than two decades. Vintage Fund Management is led by a team of experienced private equity professionals and invests in middle market companies. Its investor base includes one of the largest state pension funds, a well-known fund of funds, banks, as well as high net worth family offices. It has outperformed 85% of all private equity funds in the United States.
Mr. Sands is the former Chairman and sole shareholder of the second largest real estate and financial services company in California, and the seventh largest in the United States, including owned and operated entities in title insurance, home warranty, mortgage banking, and escrow. The company was staffed with 4,000 people in 65 offices, including franchised operations, and generated $9.8 billion in volume per year. In December, 2000, the company was sold to Coldwell Banker; (the franchised offices were not part of the transaction). Mr. Sands’ background also includes acquiring and turning around distressed companies, including FM and AM radio stations and insurance companies, as well as commercial real estate projects. He has developed hotels, office buildings, shopping centers, and high-end single family housing projects.
Fred Sands was honored as the recipient of the American Academy of Achievement Award. Former recipients of this prestigious award include U.S. Presidents, Nobel Laureates, and entertainment industry executives. He was also named one of the “Top 25 CEOs of the Decade” by California Business magazine and named one of the industry’s top 13 “Movers and Shakers” (nationwide) by the National Association of Realtors.