Adam Milstein is a Successful Real Estate Investor
The United States and Israel have always had a close relationship. This is partly because the United States has long been a destination for people emigrating from Europe, including European Jews. After fighting World War II to defeat Hitler and the Nazis, the U.S. supported the formation of Israel.
Like many, Adam Milstein has a duel background. He was born in Haifa, Israel. In 1971, he joined the Israeli Defense Forces, and he fought during the 1973 Yom Kippur War. He served in the Army Division of Ariel Sharon that crossed the Suez into Egypt, where the Third Army Division surrendered. After leaving the military, Adam Milstein enrolled in Technion, the Israeli Institute of Technology. In 1978 he graduated Cum Laude with a Bachelor’s of Science degree for business and economics. He had already joined his father in the family real estate development business. So, for his early life and professional career, Adam Milstein was strictly an Israeli.
However, in 1981 Adam Milstein and his family moved to the United States to attend the University of Southern California in Los Angeles. Two years later, he received his Master of Business Administration degree, and went to work as a real estate agent in commercial real estate. He has been a proud and successful Israeli-American ever since.
And Adam Milstein has remained active in the real estate world. He is currently the managing partner of Hagar Pacific Properties, a firm that invests in real estate. They own and manage nearly 100 properties located around the United States. They manage 3,000 apartments, and 10 million square feet of space in the industrial or commercial properties. Their total portfolio’s market value exceed $1 billion.
Hagar Pacific is not just a property manager, however. They acquire properties that are getting older and in less desirable condition. They are often vacant, or have environmental problems. They are under-performing, or just plain no longer prime real commercial real estate. Hagar Pacific and Adam Milstein know how to return these properties to profitability. They know the strategies to employ to accomplish that feat. They may physically repair and rehabilitate the building. Or re-position it for another kind of use. Or environmentally remediate it. click here