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Home Finance Decron Properties Lands 163-Unit 5550 Wilshire in LA’s Miracle Mile for $114MM
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Decron Properties Lands 163-Unit 5550 Wilshire in LA’s Miracle Mile for $114MM

September 18, 20263 Mins read1k
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Decron Properties broke a nearly two-year acquisition pause to buy the 2010-built luxury community from Boston-based GID, betting that irreplaceable Miracle Mile real estate priced below the cost to build it justifies a return to a Los Angeles market it had largely sidestepped for the Sun Belt.

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