LA Business Journal

DAVID NAGEL

Chief Executive and President Decron Properties Corp.

In his role as chief executive, Nagel oversees Decron’s daily activities. Decron’s portfolio now has 10 buildings worth roughly $200 million. The company also owns and operates more than 55 communities and has $3.5 billion worth of assets under management. Nagel moved the company’s portfolio away from being 50% retail and 50% multifamily to 85% multifamily. Today the portfolio has 9,100 multifamily units. Nagel, who has been increasing the firm’s efforts outside of California, has an MBA from USC and a bachelor’s degree from New York University. Nagel’s father is Holocaust survivor Jack Nagel. He founded Nagel Construction Co. in 1952, which eventually became Decron Properties and is still family owned.

REAL ESTATE | 2022 LA500

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2022-06-20T07:00:00.0000000Z

2022-06-20T07:00:00.0000000Z

https://labusinessjournal.pressreader.com/article/300630539253002

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