Skip to Content
Tamarron Apartments - Entrance
Decron Properties Acquires Phoenix Multifamily Asset for $128 Million

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…

Read More »

Ascent Papago Park - Exterior 1
Decron Acquires Multifamily Community in Phoenix for $107.5 Million

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…

Read More »

Dusk view of the eponymous lake at The Lakes at Arrowhead Glendale, Arizona apartments community
Decron Expands in Phoenix with $101 Million Purchase

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…

Read More »

Exterior view of the Mesa, AZ multifamily home acquired by Decron, Living at Eastmark
Decron Properties Caps Record Setting Year with Sixth Acquisition in Phoenix For $76 Million

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…

Read More »

The Lakes at Arrowhead Ranch
Decron Properties Acquires Fifth Multifamily Asset in Phoenix, AZ for $101 Million

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…

Read More »

Entryway and sign for Avery on the Green apartments
Decron Properties Acquires Multifamily Community in Phoenix for $125.25 Million

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…

Read More »

Large resort-style pool at Broadstone Grand, multifamily apartments in Tempe, AZ
Decron Properties Acquires Multifamily Community in Tempe for $106.5 Million

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.

Read More »

Resort-style pool area in the Tempe apartments community at 1221 Broadway, acquired by Decron
Decron Properties acquires Class A Multifamily Community in Tempe, AZ

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.

Read More »

Logo for the Los Angeles Business Journal 500 (LA 500)
LABJ Recognizes Most Influential People in LA

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.

Read More »

Community pool at sunset at Broadstone Rio Salado, an AZ apartment community acquired by Decron
Decron Properties Enters New Market with $96.150 Million Multifamily Acquisition in Tempe, AZ

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.

Read More »

6222 Wilshire building exterior, where Decron is now using Openpath touchless elevator tech
CONVENIENT, TOUCHLESS ACCESS IS KEY TO SAFETY

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. 

Read More »

Four Decron team members including CEO David J. Nagel posing in front of company placard
Family-Owned Developer Decron Eyes Further Expansion

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

Read More »