PRESS RELEASE | Apr 28, 2022
Los Angeles (April 27, 2022) — Decron Properties has acquired Tamarron Apartments, a 328-unit garden-style multifamily community in Phoenix, for $128 million. Tamarron, which comes on the heels of Decron’s recent $107.5 million purchase of Ascent at Papago, increases Decron’s local portfolio to approximately 2,100 units. While Tamarron is Decron’s…
PRESS RELEASE | Apr 4, 2022
After Acquiring $600 million of Assets in Phoenix in 2021, Los Angeles Real Estate Investment Firm On Pace For Even Greater Activity in 2022 Los Angeles, CA (March 31, 2022) — Decron Properties has acquired Ascent at Papago Park, a 270-unit garden style multifamily asset in Phoenix, AZ, the first…
LOS ANGELES BUSINESS JOURNAL | Jan 10, 2022
Carthay-based Decron Properties Corp. has expanded its reach in the Phoenix area with the $101 million acquisition of Arrowhead Ranch by Baron. The property is a 256-unit community in Glendale, Arizona. Decron Properties acquired 1,352 units in the Phoenix area in the last eight months spread across five properties. Read…
PRESS RELEASE | Jan 4, 2022
Los Angeles, CA (Jan. 4, 2022) — Decron Properties capped off the most active year in the firm’s 30-year history with its acquisition of BB Living at Eastmark, a 132-unit multifamily Build to Rent (BTR) community in Mesa, AZ for $76 million. In 2021, the Los Angeles-based real estate investment…
PRESS RELEASE | Dec 13, 2021
Los Angeles, CA (Dec. 13, 2021) —Decron Properties continues to build a formidable portfolio of multifamily assets in the Phoenix MSA with its acquisition of Arrowhead Ranch by Baron (“Arrowhead Ranch”), a 256-unit community located in Glendale, AZ for $101 million. With the addition of Arrowhead Ranch, Decron has now…
PRESS RELEASE | Nov 1, 2021
Los Angeles, CA (November 1, 2021) — Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery on the Green, a 324-unit multifamily property in the submarket of Chandler AZ for $125.25 million. Avery on the Green is Decron’s fourth…
PRESS RELEASE | Sep 2, 2021
Decron Properties continued its rapid expansion into the Phoenix MSA with its acquisition of Broadstone Grand, a 300-unit multifamily community in Tempe Arizona for $106.5 million.
Press Release | Jun 10, 2021
Decron Properties acquires Class A Multifamily Community in Tempe, AZ for $64,750,000 Million, the second acquisition for the Los Angeles-based firm in Phoenix MSA in the last six weeks. Read the full press release here.
The Los Angeles Business Journal | Jun 1, 2021
Please join us in congratulating David Nagel on being one of the Most Influential in Real Estate as published in the Los Angeles Business Journal – June 1, 2021! To read the full spotlight on David Nagel, click here.
Press Release | May 6, 2021
Los Angeles, CA (May 6, 2021) — Decron Properties has made its initial entry into the Arizona real estate market with the acquisition of Broadstone Rio Salado a 278-unit multifamily property in Tempe, AZ for $96,150,000. Read the full press release here.
KTLA 5 | Mar 2, 2021
Decron Properties recently incorporated touchless access entry into the corporate office for tenants and employees. Openpath, a local startup, brings hands-free access technology to buildings to ensure safe and secure entry. To read the full article, click here.
Los Angeles Business Journal | Sep 8, 2020
For Mid-Wilshire-based developer Decron Properties Corp., family is key. The company is run by David Nagel, as chief executive and president, and his nephews Daniel Nagel and Zev Nagel, who serve as chief financial officer and executive vice president of administration respectively. To read full article, click here