LA Developer Sees Invesment Opportunity In Sacramento
Jun 15, 2012
SACRAMENTO, CA. June 15, 2012 – Decron Properties Corp., a diversified real estate investment company, is looking at Sacramento to grow its multifamily residential portfolio. The Los Angeles-based developer has made its first investment here in acquiring Broadstone at Strawberry Creek, a 264-unit multifamily apartment community. The deal closed in…
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‘Broken condo’ complex gets buyer
Feb 27, 2012
Decron acquires Santa Clarita’s Madison at Town Center for $56.65 million
Buyer Drops In On Apartments After Price Tumble
Los Angeles Business Journal | Feb 11, 2012
A 264-unit multifamily complex in Valencia traded hands for $56.7 million this month.
Decron Properties Corp., an arm of real estate investment group Nagel Family Trust, bought the property known as the Madison at Town Center from Prado Town Center West LLC, a joint venture of Miamiâ’s Lennar Homes Inc. and L.A.’s Regent Properties Inc., according to CoStar Group Inc.
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Properties’ Latest $56.5 Million Multifamily Acquisition Marks 18 Months Of Aggressive Growth Decron
Feb 2, 2012
LOS ANGELES, CA. February 2011 – Decron Properties, a diversified real estate investment company, has acquired The Madison at Town Center, a 264 unit multifamily community in Santa Clarita, California for $56.65 million. The purchase marks another milestone in Decron’s impressive acquisition streak of 1500 units in just 18 months,…
LAX Office Market is Picking Up
Jun 13, 2000
By Bob HowardJune 13, 2000 in print edition C-12 One of Los Angeles County’s longest-suffering office markets is at last showing signs of recovery as new businesses begin to fill long-empty space and rents begin to rise in buildings near Los Angeles International Airport. Nobody is yet calling LAX a hot market…