On the Shoulders of Giants
Two generations chose not to spend an inheritance, and it became Moses Kagan's first building. A real estate investor on holding forever.
Moses Kagan
Adaptive Realty, Los Angeles: buys apartment buildings to hold for the long term
On the show
The Business Family Diagnostic · Engine
Morris's capital got him started.
Moses's grandfather and mother each chose not to spend what they inherited, and it became his first building. When someone in your family brings a new business idea, is there a way to consider it seriously?
“Family members are encouraged to start new things, inside the family enterprise or outside it.”
Biography
Moses Kagan has been buying, renovating and managing apartment buildings in Los Angeles since 2008. His company, Adaptive Realty, along with its investor-partners, owns approximately $200MM worth of high-quality buildings in interesting neighborhoods. Unusually for a real estate private equity firm, Adaptive and its partners do not fix and flip; instead, they act as permanent holders and stewards of the assets under their control.
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Ben Grossman
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Two brothers who made sharing the top job work.
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