David Malcolm

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).

David Malcolm and his wife Annie believe in supporting community-based organizations engaged with important issues such as homelessness and higher education. He sat on the board of directors of St. Vincent de Paul Management (a subsidiary of Father Joe’s Villages, a homeless services provider) for 31 years, four years as chair.

Other board service has included Board 1 of the San Diego County Assessment Appeals Board, which he chaired, University of California San Diego Board of Overseers, American Cancer Society San Diego, Corky McMillin Center for Real Estate at San Diego State University, San Diego Regional Chamber of Commerce, San Diego Regional Economic Development Corporation, First International Bank of San Diego, Scripps Institution of Oceanography and South Bay Family YMCA, among others.

In 2013, he and Annie established the David Malcolm Family Trust at the San Diego Foundation, from which they have provided grants to a wide range of community organizations. In 2021, they directed $100,000 to the Foundation’s Community Scholars Initiative.

Also in 2021, they created the David Malcolm Scholarship for high school and college students who have overcome adversity in their quest for higher education and who can serve as inspirations for others.

David Malcolm freely admits that his wealth will ultimately be limited because of his and Annie’s willingness to give money to make a positive difference in the community that has provided so much for them and their two grown sons.