Adam Milstein
| Adam Milstein | |
|---|---|
| Born | 1952 (age 64–65) Haifa, Israel |
| Nationality | Israeli-American |
| Occupation | Real Estate Investor |
| Spouse(s) | Gila Milstein |
| Children | Three |
| Website | http://www.adammilstein.org |
Adam Milstein is an Israeli real estate investor and philanthropist, and a managing partner of Hager Pacific Properties. In 2000, Milstein and his wife Gila founded the Adam and Gila Milstein Family Foundation.
Milstein was born in Haifa, Israel, the son of Eva (née Temkin), a homemaker, and Hillel Milshtein, a real estate developer. His mother immigrated to Israel from Mexico in 1949, at the age of 18; his father immigrated to Israel from Argentina when the State of Israel was founded in 1948, at the age of 19), and took part in Israel’s independence war as a combat sailor. The Milsteins were married in Haifa in 1950; the family moved from Haifa to Kiryat Yam and then to Kiryat Motzkin where Adam spent his early years.
In 1971, Milstein joined the Israeli Defense Forces for his mandatory service and served during the 1973 Yom Kippur War. He then enrolled in the Technion, where he graduated with a Bachelor of Science degree in business and economics in 1978. During his higher education years, he joined his father in expanding their real estate construction and development business.
In 1974, Milstein married Gila Elgrably in Haifa. In 1981, the family moved to the United States. In 1983, Milstein received a Master of Business Administration degree from the University of Southern California. He then started working in commercial real estate as a sales agent.
Milstein is a managing partner of Hager Pacific Properties, overseeing the firm’s financing, disposition and accounting. The firm specializes in acquiring, rehabilitating and repositioning industrial, retail, office and multi-family properties.
In 2009 he was convicted of two counts of felony tax evasion and sentenced to three months in prison.
In 2000, Milstein and his wife Gila founded the Adam and Gila Milstein Family Foundation (MFF). The organization sponsors education of students and young professionals to identify with their Jewish roots, connect with the State of Israel, ignite their Jewish pride, and provide them with facts and the knowledge to advocate for the State of Israel and the Jewish people.
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