Chief Executive and President, Decron Properties Corp.

David Nagel is the chief executive of Decron Properties Corp. In the role, which he started in 1988, he oversees the company’s daily activities. Decron’s portfolio now has 10 buildings worth roughly $200 million. The company also owns and operates more than 55 communities has $3.5 billion worth of assets under management. Nagel moved the company’s portfolio away from being 50% retail and 50% multifamily to be 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.

YEARS ON THE LA500: 2