Decron Properties Corp.
Acquisition Criteria.
Recent Closings
800-unit apartment portfolio, Fresno, CA from Key Bank
Note Purchase from CW secured by West Los Angeles apartment complex
Residential Income Apartments
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Property Type: Garden Style, Mid-Rise, High Rise Apartments and Notes
Asset Class: A+ to C
Location Quality: A+ to C+
Property Size: 75 units or greater; single asset or portfolios
Acquisition Price: $15 Million or greater
Property Vintage: 1980 to new construction
Investment Structure: All cash to seller, Loan assumptions
Preferred Markets: Northern and Southern California, Oregon, Arizona, and Nevada
Retail Shopping Centers
Property Type: Stabilized neighborhood or community centers anchored by best-in-class grocers and other national retailers.
Asset Class: A to B
Location Quality: A to C
Property Size: 100,000-500,00 Sq Ft
Acquisition Price: $15 Million or greater
Property Vintage: 1960 to new construction
Investment Structure: All cash to seller; Loan assumptions
Preferred Markets: Northern and Southern California, Oregon, Arizona, and Nevada
Decron Properties Corp.
Decron Properties Corp. is a diversified real estate investment company that specializes in acquiring, developing, and managing apartment projects, shopping centers and office building assets as well as multi-family apartment buildings. The portfolio includes over 4,000 apartment units and in excess of 3,000,000 square feet of commercial properties.
Management Team
With more than 25 years of hands-on multi-family residential and commercial experience, Jack M. Nagel Chairman, David J. Nagel, Chief Executive Officer and President leads his team Tom Schiff Vice President, Elias Danho Accounting Director, Anne Friel Director of Residential, John Love Director of Commercial, Siobhan Byrne Leasing Director, Randy Sovereign Director of Construction, Cecilia Valdez Director of HR and Jack Shanfeld Acquisitions.
Acquisition Contact
Jack Shanfeld
Cell: 310-666-4373
Office: 323-556-6600 ext. 254
Cell: 310-666-4373
Office: 323-556-6600 ext. 254
Send EMail:Jack@JackShanfeld.com