David Grunwald has joined SDS Capital Group as Senior Vice President, Real Estate Private Equity where he will be responsible for the day-to-day management of the SDS Supportive Housing Fund (SHF), a $150 million fund that provides construction financing for Section 8 housing for California’s homeless population. SHF is a first-of-its-kind impact fund that is a new model for alleviating homelessness through the use of private capital investment.
Grunwald will be responsible for underwriting and asset management activities at both project and fund levels. Most recently, Grunwald was Senior Vice President, Los Angeles Region, for National Community Renaissance CORE where he led the organization’s Los Angeles Affordable Housing Development. Previous experience includes serving as President and CEO of Affordable Living for the Aging, American Sunrise Communities and L.A. Family Housing.
