LOS ANGELES – Decron Properties, a diversified real estate investment and property management firm based in Los Angeles, 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, after a storied career as a real estate investor, developer, and entrepreneur.
Jack Nagel’s life and personal journey serves as a testament to the limitless achievements that can be obtained through hard work, patience, and perseverance. Born in Poland, Jack was a Holocaust survivor, who survived three different Nazi death camps, but ultimately lost his entire family, except for one sister. He came to the United States, with little more than the shirt on his back, and eventually built a real estate empire here in the Los Angeles area. Throughout his success in business, he always gave back to the community, focusing his philanthropy and charitable activity on education.
The award itself parallels the values of Jack Nagel and Decron Properties, with a prize to the individual employee as well as a corresponding contribution to a charity of their choice.
In 2019, the inaugural Jack M. Nagel Memorial Award was given to Tami Luna, a Regional Operations Specialist in the multifamily portfolio. A video introducing this award, and presenting this year’s winner may be viewed here.