Real estate investor Adam Milstein is known for his philanthropy and community leadership. Born in Isreal, Milstein moved to the United States in 1981 and started working in Souther California’s commercial real estate market. He is the Managing Partner of the real estate development company Hager Pacific Properties.
Adam Milstein co-founded the Israeli-American Council, for which he serves as National Chairman. As a community leader, he also sits on the boards of several nonprofits including the Jewish Funders Network, the Los Angeles Board of Birthright Isreal, and the Israel on Campus Coalition among others. He also started the charity Sifriyat Pijama B’America which provides free books to Jewish-American families, published in Hebrew, that teach Jewish values.
When Milstein arrived in the United States he obtained his MBA in entrepreneurship from the Univerity of Southern California. As he wasn’t getting job offers that he felt matched his knowledge and experience he decided to strike out on his own and became a Real Estate Commercial Broker. He earned enough in three years that he was able to invest himself in real estate.
In a recent interview, Adam Milstein talked about his career and work habits. One of the things that he really enjoys about his career in real estate is how up and down the market is, which creates opportunities. He does say that because supply always lags behind demand you need to have patience as it can take years to get the results you are after. He goes on to say that you need to rely on yourself as you can’t on other people. He wants to understand problems himself so he can arrive at the solution that is best for him.
He believes one of the reasons he has been successful is by not setting specific goals as he finds those self-limiting. He instead puts in the hard work and does his best when making real estate and business decisions. He also cautions against wanting immediate success, especially in the real estate market. The best way to succeed, he says, is to take the long road and avoid the shorter one.