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After two years on sidelines, this LA apartment investor is spending again

Decron Properties buys 163-unit Miracle Mile complex
Decron Properties snapped up a 163-unit mixed-use apartment property in the Miracle Mile neighborhood at 5550 Wilshire. (CoStar)
Decron Properties snapped up a 163-unit mixed-use apartment property in the Miracle Mile neighborhood at 5550 Wilshire. (CoStar)
CoStar News
September 18, 2026 | 10:10 P.M.

Los Angeles investor Decron Properties has spent the past few years buying apartments in fast-growing Sun Belt cities. Now, the firm is betting values in its home turf have fallen far enough to make local acquisitions attractive again.

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