Just recently, Jerusalem post released a list of the top 50 most influential Jewish figures of the year. The list contained people who have done things that have influenced the Jewish community over last year. The people included on the list also are those who are expected to do similar things in the coming future. Adam Milstein was lucky to appear on the list. In fact, he was ranked 39th of the most influential Jewish figure in the world today. Adam Milstein co-founded the Israeli-American Council. His leadership qualities, activism, and philanthropy has helped him to make it to the list.
After receiving the news, Adam Milstein said that he was humbled to appear on the Jerusalem Post list. Milstein was thankful to his wife Gila who supported him all the way through. He also thanked his organizations and IAC and other organizations that he collaborated with and increased his chances of making it to the list.
Adam Milstein also founded his family organization known as Milstein Family Foundation. The Foundation works to help to strengthen the Jews in their homeland; Israel by participating in Philanthropy and funding projects that had an in the impact the lives of the Jews living in Israel. The organization also helps Jews out of Israel. According to Milstein, the organization will continue to offer help to Jews community.
Adam Milstein is an Israeli businessman who dwells in the real estate industry. He was born in Israel in the year 1952. Milstein joined Israeli Defense Forces in 1971. While he was in the military, Milstein went to Yom Kippur War and made it back. The career in the military was mandatory, but he later quitted and went to pursue Bachelor of Science in Business Economics in Technion, he graduated in 1978.
After schooling, Milstein joined his father in the real estate business and started off his career in the industry. Currently, Milstein serves as a Managing Partner of Hager Pacific Properties where he plays a role of controlling the firm’s finances and accounting. Milstein career and philanthropy projects have all been successful, and he is not planning to retire from any at any given time soon.
Highland Capital Management has been supporting nonprofit organizations in the Dallas area for more than 15 years. The investment firm founded by Jim Dondero and Mark Okada manage one of the most successful hedge funds in the industry. With more than $16 billion in assets under management around the globe, CEO Jim Dondero knows that producing better-than-average returns is a must in the hedge fund market today.
The hedge fund industry has its fair share of return issues in 2016, but Highland Capital has been able to rise above the rest of the industry thanks to Dondero’s experience in the collateralized loan obligation segment of the business as well as his astuteness in the emerging market investing. Highland Capital is on track to produce double-digit returns in 2016, and Dondero has made sure that the giving arm of Highland Capital, the Dallas Foundation, is donating more money to nonprofit organizations than ever before. One of Dondero’s latest donation strategy is $ 1 million grant to the Family Place. The Family Place is a haven for victims of domestic violence.
The Family Place has a Legacy Campaign every year, and this year The Dallas Foundation will match every donation given to the campaign in order to meet the $16.5 million goal. The Dallas foundation also supports the Dallas Zoo, the American Heart Association, Uplift Education, and the Perot Museum as well as several other nonprofits. Dondero recently announced that Linda Owen, a seasoned veteran in the nonprofit industry, is the new director of the Dallas Foundation. Owen was CEO of the Woodall Rodgers Park Foundation and the director of the Klyde Warren Park.
James Dondero is serious when it comes to supporting Dallas nonprofits, and producing returns for his investors. The Family Place has been helping victims of domestic violence since 1978. The grant ensures more women and children have a place to stay when they need it most. Dondero, and the executive team at Highland Capital, personally donate time and money to the causes the Dallas Foundation supports. Jim Dondero leads by example, and that will never change according to a recent PRNewswire article.
Hotel real estate continues to be big business for investors who are expanding their portfolios. Hotels are doing better than ever before as more people are traveling for both business and pleasure. They make up a large portion of the commercial real estate market in the United States, and Terry Baltes is right in the middle of it.
Terry Baltes Leads the Way
Terry Baltes is a specialist in his field having founded Baltes Commercial Realty in 1977. He and his associates specialize in hotel property management in and around Dayton, Ohio. Terry knows what his clients are looking for and his experience has helped make him one of the leading commercial real estate brokers in many states such as Ohio, Kansas, Indiana, Louisiana, and West Virginia.
Ohio State Paved the Way
It all started at Ohio State University where Terry graduated with three degrees including a Bachelor of Science in Real Estate, Marketing, and Finance. After graduation, he set his aim at starting his own business and has continued on this path for over 40 years. Terry Baltes is a dedicated businessman who wants each client to receive the best service possible while increasing their profits.
Keep it Small
Baltes Commercial Realty strives to keep their commercial and investment business small enough to provide a personal touch but big enough to help clients maximize their wealth. They know the market and always keep current on how changes will affect the people they work for. Terry Baltes is a dedicated professional who has proven how great he is at what he does. He can guide buyers who are new to the process or assist seasoned ones who are looking to pick up that perfect investment.
All Part of the Job
Connecting buyers and sellers is all in a day’s work for Terry Baltes. He can forecast how the market is going to change on both a national and local level and make adjustments. Many of his clients are repeat customers who trust Terry’s knowledge and experience. Terry Baltes did not just open a business, he built an empire based on intuition and insight.
New Brunswick Development Corporation (DEVCO) has been involved with many projects that were vital to the revitalization of New Jersey. This was so that the city could experience growth in its economy. DEVCO has also worked to provide some strong alliances that would help build the city and bring forth new visitors and even residents. They have overseen more than $1 billion in investments. DEVCO has been very busy with the redevelopment of the city through all conditions of the economy. Among the projects that the corporation has been involved in a bunch of mixed-use projects that proved to be very effective.
The most recent project is The Heldrich, which is a hotel and conference center which was developed by DEVCO. There is also an unpaid debt by the Middlesex County Improvement Authority. The total of the loan that the Improvement Authority received is $20 million. The loan has been given out more than 10 years ago. As of right now, the hotel is still struggling to attract visitors. It also doesn’t helped that the hotel was complete when the economic downturn was occurring. The hotel has 235 rooms with an occupancy rate of 63.5%. Another troubled aspect of this hotel was that it took out $776,000 of its own finances for the funding of capital expenses. For instance, the carpet needed to be replaced.
As of right now, there is a plan to pay off all of the loan. It is just going to take a bit longer than they hoped. Given the anemic performance of the hotel, it does look like the loan is going to take a long time to be paid off. DEVCO does acknowledge the riskiness of the loan. However, they do state that this is what they do. They make risky loans. After all, without risk, there is a smaller chance of reward. More info posted on the Press of Atlantic City website.