Adam Milstein: Behind the Business

Adam Milstein is an accomplished real estate investor, community leader, and philanthropist. However, his background is fascinating and tells the story of a man who is relentlessly optimistic, gifted with an entrepreneurial spirit, and always looking for opportunities wher eit may seem that there are none.

 

Adam Milstein is a native of Israel and served in the IDF during the Yom Kippur War. Three years after he gradutaed from the Technion in 1978 he came to the United States to pursue his higher education. He received his MBA from USC and immediately began working in Commercial Real Estate in Southern California in 1983.

 

However, he didn’t start out working for other companies. When recruiters came to the USC campus, his conversations with them showed that they didn’t seem to appreciate his unique life experience, his skill set, or what he had to offer. He was routinely offered pay that was below what he should have been earning even as a recent MBA graduate. So, instead of getting upset or settling, he decided to simply set out on his own and create his own business.

 

After working in Commercial Real Estate for awhile, he turned his attention to real estate investing and eventually created Hager Pacific Properties, a real estate investment firm of which he is a Managing Partner.

 

His business success is notable, but his contributions to the community are just as impressive. He is the National Chairman of the Israeli-American Council, a philanthropic organization that he co-founded. He works with the organization to help drive their national expansion efforts. In addition, he also sits on the board of many other philanthropic organizations that focus on Israeli-American relations, Israeli nationals, and the Jewish community.

 

His approach to life is similar to his approach to business, a somewhat non-traditional path that often flies in the face of the status quo. For instance, he says he never makes specific goals because they’re too restricive. He just does the best he can every day, and so far it has worked for him. Perhaps that optimism, flexibility, and positivity is something everyone could use to help improve their life and business.

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Bruce Levenson Files A Claim Against AIG

The Atlanta Hawks Basketball & Entertainment LLC consortium headed by Bruce Levenson was once the ownership group controlling the NBA franchise of the same name and operated Atlanta’s Phillips Arena. Although the consortium sold the Hawks and arena operating rights in a deal announced in June 2015, an insurance claim made with AIG has dragged on and will now head to court as Bruce Levenson looks for a final ruling.

The issue for Bruce Levenson and his fellow consortium members is the mutual termination of the contract of former Hawks General Manager Danny Ferry, who agreed to terminate his contract days before the sale of the franchise to billionaire Tony Ressler, http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/. Levenson and his fellow consortium members had already been discussing the prospect of a constructive dismissal claim with AIG after comments made by Ferry in the buildup to the sale of the Hawks to Ressler’s consortium. Danny Ferry had been awarded a six year $18 million contract in 2012 that was terminated at some cost to the Atlanta Hawks Basketball & Entertainment consortium; the former Hawks ownership group is now looking to reach a financial settlement in a Fulton County Court and win a 50 percent financial penalty against AIG for breach of contract.

Bruce Levenson is a graduate of the University of Washington, but has spent the majority of his life and career working and living in Washington D.C. and the state of Maryland. In a bid to assist the people of Maryland in living better lives Bruce Levenson and his wife Karen have worked alongside the University of Maryland to create a Center for Philanthropy and Not For Profit Leadership; according to PR News report Bruce and Karen provided the seed funding for the school and continue to raise funds from all areas of the community to help people around the world live better lives.

Source; Wikipedia