COVID-19: Modified Business Operations
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…
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.