Talk to a 1031 specialistData updated May 20, 2026
Offering size$58.6M
Asset typeMultifamily
LocationChesapeake, VA
FinancingNot disclosed
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedMay 20, 2026
Last filedMay 20, 2026
Minimum$25k
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Allure at Edinburgh is a 280-unit luxury multifamily community at 249 Allure Lane in Chesapeake, Virginia, within the Hampton Roads/Edinburgh corridor, held through Passco Allure DST and sponsored by Passco Companies. Completed in 2024/2025, the property was acquired by Passco from Venture Realty Group in a May 2026 transaction where Berkadia represented the seller. It was 98.57% occupied per the April 2026 PPM. Property-level debt is a $48.35 million KeyBank/Fannie Mae DUS loan fixed at 4.98%, producing an in-place loan-to-value of 45.22% and Year-1 debt-service coverage of 2.06x under a Core-Plus strategy.
Newly delivered Class A community, Hampton Roads MSA; acquisition closed Apr 2026; $58.6M Form D (506b)
280 unitsBased on issuer-filed Form D notices through May 20, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D—
Remaining amount reported in latest Form D$58,575,000
Investor count reported in latest Form DNot disclosed
Stated minimum investment$25,000
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First filedMay 20, 2026
Latest filingMay 20, 2026
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and acquisition
Allure at Edinburgh is a 280-unit luxury multifamily community at 249 Allure Lane, Chesapeake, Virginia 23322, in the Hampton Roads/Edinburgh corridor, completed in 2024/2025 4. In a transaction reported on May 5, 2026, Passco Companies acquired the community from Venture Realty Group, with Berkadia representing the seller; the purchase was part of Passco's Q1 2026 activity, and its portfolio comprised approximately 14,800 multifamily units across 17 states 31. The asset is held through Passco Allure DST 2.
Occupancy
The property was 98.57% occupied as of April 27, 2026 per the PPM, and Berkadia marketing materials stated occupancy exceeded 99% at sale with rents at market 4.
Capitalization and financing
As of June 24, 2026, sponsor materials described a total capitalization of $106.9 million with an equity raise of $58.575 million 4. Property-level debt is a $48.35 million KeyBank/Fannie Mae DUS loan fixed at 4.98% over a 10-year term with seven years interest-only followed by 30-year amortization; in-place loan-to-value is 45.22% with Year-1 debt-service coverage of 2.06x, under a Core-Plus strategy 4. The issuer filed a Form D on May 20, 2026 reporting a $58,575,000 offering 5.
In the news
Frequently asked questions
Is Allure at Edinburgh currently active?
Allure at Edinburgh is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Allure at Edinburgh?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.