Adam Milstein is one of the most respected Jewish-American philanthropists who has built a solid career as a real estate investor and broker. He cofounded Hager Pacific Properties back in the late 1980s and has been with the company for about 20 years. Milstein has built up quite a lot of wealth in real estate from being able to execute lucrative deals in buying and selling and expand its portfolio from the Los Angeles area across the rest of California and into Illinois and Texas as well.
Adam Milstein decided to share with Ideamensch how he runs the company and what others can expect to find in the real estate profession. He said that at his job there’s not usually a regular schedule of how things are run because real estate could have fast or slow-paced days depending on if a new property is being financed or a major deal is being conducted. Milstein believes he can work best on the fly, and he considers the ability to think outside the box as being key to his job.
Adam Milstein is not only a real estate expert, but he’s also highly involved in philanthropy and works closely with various Jewish political and religious leaders. He was born in Haifa, Israel and prior to starting his real estate career, he served in the IDF and also worked with his father in building framing and construction. After finishing his 4-year degree at the Technion, he moved to the US and completed graduate school at the University of Southern California. Several years after cofounding Hager Pacific Properties, Milstein started the Milstein Family Foundation and the Israeli-American Council.
Adam Milstein has several key demographics of Jewish-Americans he works with from young children and their families, to college students and senior groups. Other groups his foundation supports include Hillel International and its branches, Birthright Israel, AIPAC, the Anti-Defamation League Pacific, StandWithUs and several other college activist organizations. One of the Milstein Foundation’s priorities is to help families learn Hebrew with the inclusion of children’s stories, and they’ve put together the curriculum at Sifriyat Pijama B’America.
Adam Milstein is a well-known philanthropist whose mission is to maintain the strength of the State of Israel and the foreign relations to Israel. He is a member of the IAC (Israeli American Council), which is based in California and whose main mission it is to maintain the connection between the Israeli-American community and those who identify as Jews in the U.S. The IAC has proclaimed to be one of the fastest growing Jewish organizations in the U.S. under Adam Milstein’s leadership.
Below are descriptions of Adam Milstein’s three secrets to being an effective philanthropist:
- Philanthropic work shouldn’t feel like work. This means that the most effective philanthropists tend to pick a charity that they are passionate about and stick with it. This can allow the charity to grow as it is designed to rather than having to put most of their focus on the fundraising.
- Stay focused but also seek out synergies. In other words, instead of giving partial attention to various causes, pick one to a few and stick to seek out ways to diversify them instead. Be careful not to treat them as social clubs but instead, connect with many like-minded organizations (such as the IAC and StandWithUs) and focus on bringing them together.
- Doing the dirty work is not enough, you have to be willing to help promote them to larger society. It’s not just bringing like-minded organizations together, writing the check, or advancing the charity’s mission behind the scenes. It also means being willing to be a public spokesperson for the charity as well. This can entail anything from advertisements to speaking with investors.
Adam Milstein is from Hafia. He and his wife, Gila moved to California in the early 1980’s where he became one of the most sought out real estate agents. Adam Milstein is now a co-manager of Hagar Pacific properties which specializes in retail, office, industrial, commercial and multi-family properties. In 2000, Adam and Gila founded the Adam and Gila Milstein Foundation, which encourages Jewish youths to identify with their roots and connect with the Israeli community.