
DAVID MALCOLM
DAVID MALCOLM'S STORY
David Malcolm is an entrepreneur with more than five decades of experience in residential and commercial real estate. After earning his real estate license while still in high school, and his broker’s license two years later, he founded his first company in 1978, a company that exists to this day.
Malcolm holds the highly coveted Certified Commercial Real Estate Manager designation, graduated from the Harvard Business School’s President's Program, and is a guest lecturer at both Harvard and Stanford business schools.
Today, he is President of Cal West Apartments, Inc., based in San Diego. His work ethic, leadership skills, and ability to see opportunities others do not see have enabled him to handle sales, acquisitions, management, and loan negotiations, totaling more than $4 billion during his career.
David and his wife, Annie, are deeply committed to the community and also have an impressive record of public and community service.
CAREER
From the time he sold the first house, David Malcolm knew his career path would be in real estate.
In 1989, he acquired exclusive rights to build and manage Rally’s Hamburger stores in Los Angeles, Orange and San Diego counties. At the peak, Malcolm managed more than 40 locations and more than a thousand employees. He sold the rights to Los Angeles and Orange counties in 1994 and rights to San Diego in 1997.
Cal West Apartments and its predecessor company have mapped thousands of lots, built thousands of homes and apartments, and provided financing for thousands of home buyers and commercial clients. He is proud that Cal West is today a trusted provider of quality rental housing with state-of-the-art amenities in San Diego and South Riverside counties.
In addition to his real estate career, Malcolm has served on numerous boards of directors, including the following public companies: Giant Group (NYSE), Aegis Communications (NASDAQ), ATC Communications (NASDAQ) and Payphone (AMEX).
PUBLIC SERVICE
David Malcolm has a long history of public service in elected and appointed positions, beginning with his election to the Chula Vista City Council, an office he held for a decade. During that time, with his expertise, the City completed three land annexations, one of which was the largest annexation of inhabited land in California history.
He was appointed to the Unified Port District of San Diego and the California Coastal Commission. In the latter position, his tenure of 12 years is unmatched in the Commission’s history. In addition, Malcolm was the first-ever appointee to the California Judicial Performance Commission after it was created by a state ballot measure in 1994.
He strongly believes that his public service helped build and hone his business leadership skills as described here.