Decron Acquires Mountain View Apartments, First of $350MM in Planned Bay Area Investments; Two Projects in Walnut Creek Worth $63MM Under Contract
The Registry: Bay Area Real Estate | Jan 16, 2015
Los Angeles-based family-owned Decron Properties Corp. has broken into the Bay Area for the first time, striking while the market remains hot.
Los Angeles Business Journal | Jan 15, 2015
Decron on the Book of Lists – Los Angeles Business Journal 2015 Book of Lists is the complete collection of data on industry leaders researched by our editorial team over the past year – more than 50 lists and over 3,000 business leads!
Multi-Housing News | Jan 15, 2015
Decron Properties Corp. has acquired Highland Gardens, a 187-unit garden-style apartment community in Mountain View, Calif., for $86 million. The acquisition marks LA-based Decron’s first, but not last, buy in the Bay Area multifamily market.
Bisnow - Real Estate | Jan 14, 2015
LA-based Decron Properties just made its first buy in Silicon Valley and is targeting an additional $260M of acquisitions in the Bay Area this year.
Silicon Valley Business Journal | Jan 12, 2015
David J. Nagel, president and CEO of Decron Properties, has a simple rule when it comes to investment: Go where the jobs are. It’s hardly unique, but it has worked for the family-owned investment firm for more than a half century. Now the strategy is leading the major Los Angeles-based landlord to the Bay Area for the first time.
Press Release | Jan 9, 2015
Decron Properties Corp, has acquired Highland Gardens, a 187-unit garden-style apartment community in Mountain View, CA for a total consideration of $86 million.
Seattle Times | Dec 19, 2014
LOS ANGELES – While many Southern California apartment builders are racing to attract hip, single urbanites with lots of cash, one Los Angeles developer is taking a different tack and pursuing young families of more modest means.
Los Angeles Times | Oct 30, 2014
Decron Properties Corp. is buying and upgrading aging apartment complexes in semi-suburban towns, such as Simi Valley, Chino Hills and Moorpark, where residents are seeking family-oriented communities away from the congestion and bustle of Los Angeles.
Los Angeles Business Journal | Sep 9, 2014
Playa Del Oro West, Decron’s newest multifamily apartment development in Playa Del Rey, was included in the Los Angeles Business Journal’s list of largest construction projects.
Santa Clarita Signal | Sep 2, 2014
Originally built as part of the Valencia master plan, and designed as Santa Clarita’s truly first work, live, walk residential homes, The Madison apartments are now being readied for sale as condominiums – their original intended use.
Multi-Housing News | Aug 13, 2014
Decron Properties Corp. has acquired Village Crossing, a 440-unit garden style, multifamily apartment community in Chino Hills, Calif., from Invesco Real Estate for $82.25 million.
Globe Street | Aug 11, 2014
Decron Properties Corp. has purchased Village Crossing, a 440-unit apartment complex in Chino Hills, CA, from Invesco Real Estate for $82.2 million. The investor plans to spend an additional $9.2 million upgrading and renovating the property from a class-B to a class-A complex, making the total investment cost approximately $91.4 million.