Jack M. Nagel is a Los Angeles real estate developer and investor whose life serves as a testament to the limitless achievements that can be obtained through hard work and despite insurmountable odds. Born in Poland, Jack is a Holocaust survivor who came to the United States in 1947. His entire family, except for one surviving sister, died during the Holocaust.
Determined to succeed in his new country, Jack moved to Los Angeles in 1955 and started Nagel Construction Company. He became a developer of single family homes. From 1955-1980, Nagel Construction built more than 2,000 homes under the flagship name Empress Homes, well known as a symbol of quality and value.
In the mid-1970s, he diversified his company by developing several apartment complexes in Los Angeles and West Hollywood. While some of the buildings were eventually sold, the majority of them are still held within his portfolio and remain Class "A" assets. During the 1980s, Jack further diversified his portfolio by entering the commercial real estate market and developing retail and office properties. All of these projects are still managed by his company. In 1988, Jack transferred day-to-day management of the company to his son, David, who assumed the role of CEO. The company's impressive growth during the past three decades was all inspired and guided by his visionary leadership.
Today, Jack Nagel serves as Chairman of Decron Properties Corp. He remains active in the continued growth of the company. He also occupies leadership positions at various prestigious, local and international organizations, including on the board of trustees of Yeshiva University, Bar-Ilan University, and the Simon Wiesenthal Center.
Jack and his wife, Gitta, are longstanding residents of Los Angeles. They have four children, 15 grandchildren, and four great grandchildren.
David J. Nagel serves as President & Chief Executive Officer of Decron Properties Corp. Under his leadership, Decron Properties grew from managing 10 buildings with a $100 million valuation into a $1.5 billion enterprise with over 55 projects. This stunning growth makes Decron one of the largest and most respected privately owned real estate firms in California.
David's activities within the firm include ground-up and value-added development, acquisitions, financing, and asset management. His active and intimate familiarity with construction management, Southern California real estate, and Decron's own portfolio helps imbue the firm and its employees with the expertise, professionalism, and "owner-operator" attitude that pervades all aspects of company business.
David earned his MBA in Real Estate Finance from the University of Southern California's (USC) Marshal School of Business and his bachelor's degree from New York University's (NYU) Stern School of Business. He holds various accreditations including as California licensed contractor, and is a member of the Apartment Owner's Association (AOA), the Building Owner's Management Association (BOMA), and the International Council of Shopping Centers (ICSC).
David is married, with three children, and resides in Los Angeles. He also serves as President and Chairman of the Board of Yeshiva University High School of Los Angeles, an area private school with over 400 hundred students. David previously served as Chairman of the Board of Young Israel Century City.
Thomas E. Schiff, Executive Vice President & General Counsel
Thomas E. Schiff is Executive Vice President and General Counsel at Decron Properties Corp.
Tom has enjoyed a distinguished career as both a real estate developer and a real estate lawyer. As a managing developer, he oversaw the entitlement, design, and construction of complex owner-user projects, including buildings designed by I. M. Pei, Charles Gwathmey and other renowned architects. Complimentary with his development experience, Tom's law practice has encompassed all aspects of real estate, including land use, construction, finance, partnership matters, acquisitions and dispositions, and leasing. He served as a Los Angeles City Planning Commissioner from 2002 to 2005, and previously served as the legal commentator for several NPR radio stations.
Tom earned his J.D from Harvard Law School and his bachelor's degree from Stanford University. He, his wife and their four children divide their time between Los Angeles and Walnut Creek.
Elias T. Danho is Decron Properties Corp's Chief Accounting Officer. He joined the company in 1983.
Elias has been involved in all aspects of real estate accounting and finance including investment, development, and management since 1977, when he began his career with the George Elkins Company.
Born in Beirut Lebanon, Elias earned his bachelor's degree in business (with a concentration in accounting) from Pigier University. He holds a real estate broker's license and is an active member of the Southland Regional Association of Realtors and is a member of the National Notary Association.
Daniel Nagel, Vice President, Acquisitions & Finance
Daniel Nagel is Vice President, Acquisitions & Finance, at Decron Properties Corp. In this capacity, he is responsible for all transaction activity including acquisitions, equity and debt financing, and asset dispositions. He is also involved in the development, entitlement, and project management of key assets in the portfolio.
Daniel earned his undergraduate degree in Economics from Yeshiva University and received his MBA from UCLA Anderson School of Management with a concentration in Finance and Real Estate.
He is a member of the International Council of Shopping Centers (ICSC), a cabinet member of the Jewish Federation’s Real Estate and Construction Division, and is a licensed California real estate broker.
Zev Nagel is Vice President, Asset Management, at Decron Properties Corp. In this capacity, he overseas and tracks progress on investment business plans. He is also responsible for developing organizational capacity and resources through enhancement of best practices and new technology.
Zev earned a master’s degree in international business relations from the Fletcher School of Law and Diplomacy, Tufts University, and received his bachelor’s degree in English from Yeshiva University. Prior to working in commercial real estate, he enjoyed a career in international development and political communications.