COVID-19: Modified Business Operations
PRESS RELEASE | May 21, 2020
Decron Properties has acquired Rancho Luna Sol, a 188-unit multifamily community in Fremont, CA for $71.5 million. With its acquisition of Rancho Luna Sol, Decron increased its regional portfolio to 1,054 units over six properties. Since 2015, the Los Angeles based real estate investment company has steadily expanded beyond its…
Press Release | Dec 27, 2019
Decron Properties announces the inception of the Jack M. Nagel Memorial Award, a unique and special recognition for an employee who demonstrates excellence, passion and determination in their work, and living the company’s core values. The award is named for Decron’s founder and former chairman, Jack M. Nagel, who passed away in 2018.
Los Angeles Business Journal | Oct 25, 2019
After being focused solely on California for the last 30 years, Mid-Wilshire based Decron Properties Corp. is turning its focus beyond the Golden State. In the past year the group has purchased properties in the Pacific Northwest. Decron said it’s looking to grow outside of California, at least in part…
Globe Street: Real Estate Forum | Oct 11, 2019
David Nagel has spent most of his 38-year career at the helm of investment and development firm Decron Properties. As the CEO, he has grown the firm from a portfolio of 10 properties valued at $200 million to a 55-property portfolio valued at more than $2.5 billion.
Press Release | Sep 23, 2019
Decron Properties has made its first investment in Los Angeles County since 2010 by acquiring Alura, a 250-unit multifamily property in Woodland Hills, CA for $79,000,000.
Press Release | Sep 17, 2019
Los Angeles, CA (Sept. 17, 2019) — Decron Properties made its second significant investment in the Seattle MSA within the past 10 months with its acquisition of a 302-unit multifamily community in Kent, WA for $78,750,000. The purchase of Indigo Springs increases Decron’s Pacific Northwest portfolio to 860 units. In…
Orange County Register | Jul 16, 2019
Los Angeles-based Decron Properties says it has sold what’s today known as Ocean Plaza, an 8.6-acre mixed-use complex at the corner of Beach and Warner, to Onni Group.
PRESS RELEASE | Jul 11, 2019
Los Angeles, CA (July 11, 2019) – Decron Properties has sold Ocean Plaza, an 8.6-acre mixed-use office and retail complex in Huntington Beach, California, to Vancouver, Canada-based Onni Group for $97.25 million.
PRESS RELEASE | Nov 15, 2018
Los Angeles, CA (Nov. 15, 2018) — Decron Properties has acquired Willow Creek, a 208-unit multifamily community in San Jose, CA for $84.6 million, increasing its annual investment activity for the year to a record $345 million.