Decron Properties Acquires 216-unit Multifamily Property in Phoenix Metro for $91 Million
PRESS RELEASE | Jul 28, 2022
Los Angeles (July 28, 2022) — Decron Properties has acquired The Wyatt, a 216-unit garden-style apartment community in the Phoenix submarket of Gilbert, AZ, for $91 million. It is the ninth acquisition for Decron in the Phoenix metro overall and seventh in the Southeast Valley. The Los Angeles-based real estate investment firm has acquired over $800 million of real estate in the greater Phoenix market in the last 15 months.
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…
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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…
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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…
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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…
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…
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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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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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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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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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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.
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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