David Nagel is the President and Chief Executive Officer of Decron Properties, headquartered in Los Angeles, California. Mr. Nagel possesses extensive experience and knowledge within the real estate industry. He has displayed business savvy and investment intellect in his professional endeavors, including Decron Properties. The company currently controls and manages 35 multi-unit apartment buildings, 20 neighborhood retail and power centers, and two marinas. It is also establishing plans for three development sites within the next 12 to 24 months.
A native of Los Angeles, David Nagel earned a Bachelor of Science in Business Management from the Stern School of Business at New York University in New York City. After graduation, he served as a Job Superintendent for a multi-family condominium project and an office building construction endeavor before returning to Los Angeles. He enrolled in the Marshall School of Business at the University of Southern California, where he earned a Master of Business Administration in Real Estate Finance.
After obtaining the advanced degree, David Nagel joined the Nagel Construction Company as Purchasing Agent for its Construction Division. He also assisted the company as a Property Manager and Portfolio Manager, overseeing the operations of office buildings, apartments, and shopping centers. He additionally gained experience in financial agreements and loan structure.
In 1988, Mr. Nagel joined Decron Properties with a wealth of experience and knowledge in the industry. His solid foundation and business acumen have resulted in wide success and diversification over the past 24 years. This growth is attributed to his rise in the company and the leadership he has provided. Under his guidance, the company has expanded from 15 employees and 10 properties to a 190-person organization with 55 properties, holding a total value of more than $1.5 billion.