Within the real estate business, there are a lot of ups and downs for both brokers and investors, and real estate entrepreneur Adam Milstein knows this quite well. He’s the co-founder and Managing Partner of Hager Pacific Properties, a Los Angeles based investment and property management firm. He also is a spokesperson on behalf of pro Israel agendas at the Israeli-American Council, an organization he and his wife Gila are a part of through the Milstein Foundation. They also founded Sifriyat Pijama B’America, a Hebrew learning and Jewish culture program.
Adam Milstein was interviewed by Ideamensch, a business idea blog that interviews many businessmen to see how they got started and make their ideas come to life. Milstein believes that you have to understand problems and make the solution come true for yourself without needing other people’s help. He’s done a lot of that throughout his career, including becoming a real estate broker when the job opportunities he was presented with didn’t fit what he wanted. He didn’t always have instant success as a businessman, and he admits after one attempt at selling art didn’t go so well, he had to learn patience and persistence. But he believes in finding consistency and in following up with all of his leads, however many they may be.
Milstein began his career helping his father in the building framing business while still in Israel. His parents had moved to Israel from Latin America back when it first became a modern nation-state in 1948. Adam was born in 1952, the oldest of three sons. He joined the Israeli army while still a young man, and fought in the Yom Kippur War of 1973. He got his bachelor’s degree at the Technion, Israeli Institute of Technology in 1978 and then got his MBA at USC in 1981. Not long after, he and David Hager built Hager Pacific Properties. In the year 2000, he and Gila founded the Milstein Foundation and the various Israel coalition groups. He made the Jerusalem Post’s 2016 list of Top 50 Most Influential Jews at number 39 behind figures such as Haim Saban and Prime Minister Benjamin Netanyahu.