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Decron acquires 5550 Wilshire for $114M

RECENTLY ACQUIREDSep 18, 2026about 2 hours ago

Acquiring Company

5550 Wilshire

Acquired Company

5550 Wilshire

Los AngelesLos AngelesReal EstateProperty ManagementReal EstateProperty Management

Description

Decron Properties has acquired the 5550 Wilshire complex in Miracle Mile for $114 million. This marks Decron's first purchase in nearly two years, indicating a renewed focus on growth markets. The complex includes 163 residential units and approximately 15,000 square feet of retail space. The acquisition was made at a substantial discount to replacement cost.

Company Information

Company

5550 Wilshire

Location

Los Angeles, California, United States

About

5550 Wilshire is a mixed-use residential and retail complex featuring 163 units. The property offers one-to-three-bedroom apartments and townhomes alongside retail space. It is situated in Miracle Mile, a prominent area known for its vibrant community and accessibility. The complex presents an attractive investment opportunity due to its strategic location and diverse offerings.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired 5550 Wilshire?

5550 Wilshire was acquired by 5550 Wilshire, based in Los Angeles. The deal was reported on September 18, 2026. 5550 Wilshire is a mixed-use residential and retail complex featuring 163 units. The property offers one-to-three-bedroom apartments and townhomes alongside retail space. 5550 Wilshire is privately held and operates in Real Estate.

When did 5550 Wilshire acquire 5550 Wilshire?

5550 Wilshire's acquisition of 5550 Wilshire was reported on September 18, 2026. Decron Properties has acquired the 5550 Wilshire complex in Miracle Mile for $114 million. This marks Decron's first purchase in nearly two years, indicating a renewed focus on growth markets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does 5550 Wilshire do?

5550 Wilshire is a mixed-use residential and retail complex featuring 163 units. The property offers one-to-three-bedroom apartments and townhomes alongside retail space. It is privately held, operating in Real Estate, and is based in Los Angeles.

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