Page 3 - PGA Community News - November '19

November 2019 November 2019 PGA C.A.N.!, Page 3

From The Editor: Thank you…

In the summer of 1980, I with Illustrated Properties which has had a location on companies. With Bud Adams as the Chairman, Mike
took a real estate course in Fairway Drive for many years formerly known as PGA Pappas as the President and Chief Executive Officer
Pompano Beach. I wanted National Realty. and Tim Pappas as Executive Vice President, Illustrated
to learn the business from Bud Adams, along with his son Chappy, built Properties is one of the largest, independently owned
the real estate professional’s Illustrated Properties into an organization with 20 offices businesses in South Florida. Thirty-six years after meeting
perspective while I studied and 500 agents. The importance of the family was evident Ted Pappas, I had the privilege of meeting his sons, Mike
for the Bar exam. Shortly in the operation of the real estate company. Bud’s father and Tim Pappas. Bud Adams, Mike Pappas and Tim
thereafter I met Ted had begun working in real estate in Palm Beach County Pappas share the same vision, leadership, strategy and
Pappas, the Broker/Owner in the 1930’s and the family recognized the opportunities execution that gives their company an edge in the ever-
of The Keyes Company. in South Florida as the area grew in size. Not only changing marketplace. Thousands of their customers,
He acquired the company opportunities for themselves but for the associates and associates and staff at this time of Thanksgiving join me
in 1969 and through his staff who were integral to its growth. I worked very in saying, Thank you.
leadership, the company closely with Bud and Chappy and saw their participation Until next month,
grew from 117 to 1,700 associates and 25 offices. Anyone in the community and philanthropic endeavors. In 2005 James A. Cioffi, Editor
who met Ted, could immediately see why he was named the General Manager, Virginia Spencer, spearheaded james@jcclaw.com
“the best real estate executive in America” by Florida the formation of Illustrated Properties Charities which
Trend Magazine in 1979. He had a keen sense of the coordinates and encourages associates to participate in
real estate market and the future of the business in South charitable events along with raising monies for charitable
Florida. 36 years later the significance of my contact with causes.
Ted Pappas became apparent. In 2011 Ted Pappas passed away and the control of The
In 1981, I was admitted to the Florida Bar and I began Keyes Company was assumed by his sons, Mike and Tim.
my law practice at an office on Flagler Drive in West Palm The family is an essential element of their success. Under
Beach. I became a closing agent for real estate transactions their guidance, the company has grown to 34 offices
as well as representing sellers and buyers. I met Harlan with 2,893 agents throughout South Florida. In addition,
Dubinsky, a real estate agent with Investment Equity Mike’s daughter, Christina, and Tim’s son, Jason, have
Corp. on Singer Island and he referred me to the other taken an active role in the company. Christina also became
agents associated with the company. Investment Equity President of the Miami Association of REALTORS in Premier
was a local company started by a group of REALTORS 2017 at the age of 31 and this year became Treasurer of Residential
in northern Palm Beach which operated in multiple the Florida REALTORS, the State’s largest organization Cleaning Service
locations. In 1998 Investment Equity Corp merged with of 187,000 REALTORS.
Illustrated Properties, another local company founded In 2016, Bud Adams and Mike & Tim Pappas decided
by Bud Adams in 1976. Most of our readers are familiar to join forces but maintain the identities of their respective
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