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Decron acquires 5550 Wilshire for $114M
RECENTLY ACQUIREDSep 18, 2026•about 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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Tech stack consolidation
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Post-acquisition investment
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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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