12David L. Malcolm currently serves as the Chairman of Suncoast Financial Corporation. Suncoast Financial has been in real estate sales, investment, management and lending business for over 35 years. Under Mr. Malcolm’s leadership, Suncoast has been part of mapping land, building homes and apartments and providing financing for thousands of home buyers.
Suncoast is often retained to handle private trusts with values from several hundred million dollars to a few billion dollars. From 2004 – 2015 Mr. Malcolm personally handled the sale, acquisition and loan renegotiations of over $1.5 Billion. During this period Mr. Malcolm also headed the management of more than 7,500 apartment units, two grocery anchored shopping centers, 3 million square feet of office space and over $100 million of vacant entitled property.
In 1989 Malcolm acquired the exclusive rights to build and develop Rally’s Hamburgers fast food chain in Los Angeles, Orange and San Diego Counties. During his ownership he had over 40 locations with over 1,000 employees. He sold the Los Angeles and Orange County rights in 1994 and the San Diego rights in 1997.
Mr. Malcolm has served on several Public and Private Board of Directors. The most notable are: Giant Group (NYSE), Aegis Communications (NASDAQ), ATC Communications (NASDAQ), Payphone (AMEX), First International Bank of San Diego, University of California San Diego, Scripps Institute of Oceanography, YMCA, St Vincent de Paul, San Diego State College McMillan School of Real Estate, San Diego Chamber Commerce, California Coastal Commission, California Judicial Performance Commission and many others.
Mr. Malcolm has been married for 40 years to his wife Annie. They have two children Eric, a licensed building contractor, and Evan, an attorney.