This is a family company and their family members are the only people that count in this company. There are some terribly incompetent people at this company, but since they have the family’s last name or have been around for ages, they are valued most. Rest of us are simply overhead that can be replaced and/or removed at any time. Employees are NOT their greatest assets, funding the families trust babies is.
They buy lousy apartment complexes and then the idea is that they will fix them up. That is done but it takes forever and the tenants keep complaining about it. In part this is because they can only hire lousy contractors. Decron never pays its vendors on time and then forces these contractors to donate to the golf tournament that David Nagel organizes each year for a private high school for millionaire kids. Which vendor you can use or if you want to fire one all depends on their golf donation.
When the units are turned, they all look bland, nothing exciting. Yes, they rent quickly, since there is a housing shortage in LA, not because these apartments are so fantastic. But you better keep your mouth shut or your career will be over. Many good hires in the corporate office last less than one year, once they start clashing with one of the Nagels (or entire departments are let go, when the commercial people were canned a few months ago, and people who knew nothing about that group were put in charge).
The corporate office has a bad atmosphere. Most people keep the doors to their offices shut so they don’t have to hear the yelling by David Nagel, the CEO. He yells at everybody, from his most senior executives to the secretaries. But he is a liar. He will tell you one thing in your face and then do the opposite behind your back. Also don’t trust this new HR guy, who is the ultimate brown-noser and gives David all these ideas for “cost cutting” when it comes to the staff. Also don't believe all of these "positive" reviews on Glassdoor that recently started showing up. These are all done by employees who are forced to write these or else risk losing their job. Before they started doing this, the company had a 1.6 rating.
