Adam Milstein Discusses His Life and Real Estate

Adam Milstein was born in 1952 in Israel. He is the managing partner at Hager Pacific Properties. Adam is a real estate investor as well as a philanthropist. He is the son of an Argentinian Father and a Mexican mom. Milstein’s father was a real estate investor and his mother a homemaker.

Milstein has a wife, Gila Elgrably, who he married in 1974. They have two daughters. Adam graduated with a Bachelor of Science degree in business and economics in 1978 from Technion- Israel Institute of Technology. Milstein and his wife moved to the US in 1981. He went to the University of Southern California shortly after to study a master’s in business administration. He then worked as a sales agent in commercial real estate after he completed school.Milstein’s responsibility at Hager Pacific Properties is overseeing accounting, financing, and disposition. Hager’s primary focus is acquiring, rehabilitating and repositioning various properties. He and his wife formed the Adam and Milstein Family Foundation in 2000. The foundation helps Jewish kids get an education and also helps them identify with their Jewish roots.

Adam Milstein started Hager Pacific Properties when he felt that employers during his campus days did not appreciate his knowledge and life experience. Even though he was a master’s student, the companies offered him wages that were way below what undergraduate students were making. After three years as a broker in the real estate business, Adam became an investor in the same field.

Adam says that a business structure and a particular order of daily activities came after he had acquired more assets and completing more activities. He added that it was tough to have a solid business structure in the beginning. He also became a philanthropist after a couple of years in the real estate business, and he says joining philanthropy makes his day-to-day job feel satisfying.Adam says his secret to an illustrious career is very simple. When he gets an idea, he works very hard until it becomes a reality. He does not overlook anything in his daily activities and always does a follow-up.

 

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