Adam Milstein decided to sit down with Ideamensch, a blog about business ideas and resources for entrepreneurs and share with them things that he’s learned about business over the years. He’s a Managing Partner at Hager Pacific Properties and the co-founder of the Milstein Foundation, a philanthropic family charity whose goal is to serve the Jewish American community.
According to Business Wire, Adam Milstein currently resides in Los Angeles, but he is originally from Israel and makes return visits to there often. He’s spoken at length about political issues affecting Israel at various Jewish leader conferences, and he made the Jerusalem Post’s 2016 list of the Top 50 Most Influential Jews.
Milstein told Ideamensch that the idea for Hager Pacific Properties started because upon achieving his master’s at grad school, he felt the opportunities presented to him didn’t offer enough financial reward or positions matching his experience. So he and his friend, David Hager decided they were going to enter real estate on their own and build their own company.
Milstein says you shouldn’t ever listen to people who tell you you’re being taken advantage of in real estate because it takes time to make money in this business.
He also says philanthropy is important not only for giving back to his fellow Jews, but that it’s provided him structure in his daily tasks.
Adam Milstein was born back in 1952 when Israel was still a young nation. He and his father Hillel have both served in the Israeli army, Hillel being a former navy sailor during the war of independence, and Adam fought in then Commander Ariel Sharon’s army unit during the Yom Kippur War in 1973.
Milstein got his bachelor’s degree from the Israeli Institute of Technology – Technion, and then worked with his father in building framing and construction prior to enrolling in grad school at the University of Southern California.
In addition to co-founding Hager Pacific Properties and the Milstein Foundation, Adam Milstein is also the Chairman of the Israeli-American Council and on the boards of Hillel International, AIPAC, StandWithUs, Israel on Campus, Hasbara Fellowships and Birthright Israel.