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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…

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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.

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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.

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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.

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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.

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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. 

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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

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Despite Pandemic, Decron Properties Inks Dollar Tree to Long Term Lease in Merced, CA
Despite Pandemic, Decron Properties Inks Dollar Tree to Long Term Lease in Merced, CA

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…

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Real Estate in a COVID World
Real Estate in a COVID World

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

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Decron selected as one of CRE’s Best Places to Work
Decron selected as one of CRE’s Best Places to Work

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…

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Pool at Fremont apartment community Rancho Luna Sol
Decron Pays $72 Million for Site in NorCal

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

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Grassy landscaped pathway at Fremont apartment community Rancho Luna Sol
Fremont property deal shows Silicon Valley strength amid coronavirus

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…

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