- Los Angeles US-CA
- [email protected]
Jack Nagel is Chairman of Decron Properties Corporation, a real estate development and investing company based in Los Angeles, and President of Nagel Construction Company, a developer of single-family homes. He has worked tirelessly in the real estate and construction business in Southern California for the better part of 50 years, creating a business that has grown to over 175 employees, all of whom are valuable contributors to the management and development of the Decron Properties portfolio. While Jack Nagel moved aside in 1988 to allow his son, David Nagel, to run the day-to-day operations at Decron Properties, he still oversees the company’s portfolio that includes 55 properties containing a total of over six million square feet in California. Through development, Jack Nagel, Decron Properties, and Nagel Construction have constructed half of their portfolio from the ground-up, with the other half coming from acquisitions in previously built real estate. Through proper management and development, Decron Properties has significantly increased the value of these existing properties. The Decron portfolio currently develops and manages multi-family residential, commercial, and retail properties in California, with several investments outside the state. Jack Nagel began his ventures in construction and development in 1955 after moving from New York City where he worked in the importing and exporting business. He founded Nagel Construction Company and developed more than 2000 single-family homes over the course of 25 years, all under a signature brand, Empress Homes, which symbolized the quality in each construction. In the 1970s, Mr. Nagel added multi-residential properties to his portfolio and developed apartment complexes in what would become the West Hollywood neighborhood in Los Angeles. In the 1980s, he further diversified into commercial and real estate properties, before transferring operations to his son under a new title, Decron Properties Corporation.