Decron Properties Corp. is a real estate investment company that gained chartered success identifying outdated and underutilized property for aesthetic, economic, and utilitarian enhancement. Since the company’s establishment in the 1980s, its portfolio has grown to 50 managed properties and $1.2 billion in real estate investment. Under the leadership of President David Nagel, Decron Properties continues to supply urban infill solutions to city dwellers, workers, and public stakeholders alike. David Nagel became President of the company in 1988 when his father Jack Nagel, then Chairman and founder, conferred the responsibilities to him. The elder Nagel, a Holocaust survivor and ambitious businessman, operated the Nagel Construction Company for many years and had already developed more than 2,000 single-family homes. Over the years, the Nagel Construction Company had diversified its portfolio to include multi-family complexes and commercial real estate developments. Decron Properties, the company’s successor, still manages some of these properties, and it continues to specialize in the development of contemporary multi-family dwellings, office spaces, commercial centers, marinas, and multi-use projects. In addition to its leadership in innovative real estate development, Decron Properties also makes philanthropic contributions to the communities in which it develops. Spearheaded by David Nagel’s active community involvement, the company has donated surplus land in one of its shopping centers to be used by the City of Los Angeles. The property is now the Los Angeles Police Department San Fernando Valley Traffic Headquarters. Decron Properties has made several other charitable donations and continues to reshape its communities in a variety of ways.
Next autumn, Decron Properties will open its newest five-star apartment community, Playa Del Oro West, which includes both Playa Del Rey and Marina Del Rey Apartments, on Manchester Avenue in Los Angeles. The Decron Properties community will feature 260 luxury apartments that all come with a full range of building and unit amenities. Playa Del Oro West will feature studio, one-bedroom, two-bedroom, and three-bedroom apartments to meet the various needs of potential tenants. Tenants will enjoy granite countertops and stainless steel appliances as well as in-unit washers and dryers. All units will have a balcony or patio, depending on its location in the building, and durable yet attractive vinyl wood flooring. Apartments with mezzanine patio decks provide lovely views of Los Angeles or the Pacific Ocean.Providing its tenants with everything they need at home, Playa Del Oro West will feature a business center, controlled-access parking, a fitness center, a spa, and a pool. In addition, residents will enjoy a dog park, a coffee lounge, a theater, and a grilling area in the community. Individuals can learn more about Playa Del Oro West and other properties online at DecronProperties.com.