David J. Nagel serves as President & Chief Executive Officer of Decron Properties Corp. Under his leadership, Decron Properties grew from managing 10 buildings with a $200 million valuation in 1988 into a $2.5 billion enterprise with over 55 communities and 300 employees. This stunning growth makes Decron one of the largest and most respected privately-owned real estate firms in California. The portfolio includes more than 7,500 apartment units and 1.5 million square feet of office and retail centers. The entire portfolio reflects more than 9 million square feet. The portfolio is focused on job center submarkets from San Diego, California to Seattle, Washington.
David’s leadership within the firm provides expertise in both ground-up and value-add development. His active and intimate familiarity with asset management, property management and construction management helps imbue the firm and its employees with the expertise, professionalism, and successful track record that allows the company to compete in various types of asset classes (apartments, retail and office) whether it be in Core, Core Plus, Value Add or land deals.
David earned his MBA in Real Estate Finance from the University of Southern California’s (USC) Marshal School of Business and his bachelor’s degree from New York University’s (NYU) Stern School of Business. He holds various accreditations including being a California licensed General Contractor, a member of the Apartment Owner’s Association (AOA), the Building Owner’s Management Association (BOMA), the International Council of Shopping Centers (ICSC) and the Urban Land Institute (ULI).
David is married with three children and resides in Los Angeles, California. He has made philanthropy a big part of his everyday life while serving as President and Chairman of the Board of Yeshiva University High School of Los Angeles (YULA). David serves on several other non-profit boards including The Jewish Federation of Greater Los Angeles and the Simon Wiesenthal Center. He is known to contribute more than 100 hours per year to non-profit service.