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Miami Lakes-Based Mortgage Banker Jay Kislak Dies at 96 | Daily Business Review

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Jay Kislak, Versatile Executive, Dies at 96

Jay Kislak, a well-known Florida real estate mogul and philanthropist who was also an avid collector of historic artifacts, died October 3. He was 96 years old.

Kislak was born in Hoboken, N.J., and got his real estate license while still in high school at Newark Academy. He went on to earn a degree in economics from the Wharton School of Finance at the University of Pennsylvania, where he graduated early to serve as a Naval aviator in World War II.

After returning home to New Jersey in 1945, Kislak joined his family’s real estate business full-time, and spent the rest of his career at the company. The Kislak Co. was founded in 1906 by Kislak’s father, Julius Kislak, and focuses on investment sales, commercial sales and commercial leasing in New Jersey, Florida and Pennsylvania. Until his death, Kislak served as chairman of the company.

In the early 1950’s, Kislak and his family moved to Miami, where he and his firm expanded into the mortgage business and established what would become one of the country’s largest privately-held mortgage banks, originating and servicing loans nationwide for more than four decades.