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
Press Release | Jun 29, 2020
Decron Properties has signed discount retailer, Dollar Tree to a long-term lease for 9,459-square feet at its Merced Marketplace, a 250,000-square-foot power center in the Central California City of Merced. Negotiating and finalizing a retail lease transaction amid market uncertainty spurred by the COVID-19 pandemic was no small feat, according…
Jun 15, 2020
David Nagel joined Phil Rosen, Co-Head of Weil, Gotshal & Manges’ real estate practice, and Bruce Schanzer, CEO of Cedar Realty Trust, on a panel hosted by Yeshiva University responding to the impact of COVID 19 on the real estate industry. Click here for recording
Jun 3, 2020
Decron has been was recognized by GlobeSt as one of CRE’s Best Places to Work. While amenities are always nice — and certainly many of our nominees provide some cutting-edge ones — a Best Place to Work is a far more encompassing concept, including such matters as how employees are…
Los Angeles Business Journal | Jun 1, 2020
Mid-Wilshire-based Decron Properties Corp. has purchased a property in Fremont for nearly $72 million. The deal is part of the group’s larger strategy to expand outside of Southern California. The property, a 188-unit multifamily community called Rancho Luna Sol, is located at 3939 Monroe Ave. Read the full article here
The Mercury News | May 21, 2020
FREMONT — A big apartment complex in Fremont has been bought by a veteran Southern California real estate firm in a deal that suggests investors still hunger for Silicon Valley properties despite the uncertainties ushered in by the coronavirus. Rancho Luna Sol, a 188-unit apartment complex located a short distance…