Talk to a 1031 specialistData updated May 28, 2026
Offering size$77.4M
Asset typeMultifamily
LocationSalem, NH
FinancingNot disclosed
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedMar 17, 2026
Last filedMay 28, 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.
Novella at Tuscan Village is the property underlying Passco Toscana DST, a Delaware statutory trust sponsored by Passco Companies. The asset is a 230-unit multifamily apartment community at 15 Artisan Dr in Salem, New Hampshire, within the Tuscan Village development on approximately 1.615 acres. The single-building community offers studio through three-bedroom residences, and Passco described it as its largest multifamily investment to date in the Boston metropolitan area. An issuer-filed Form D/A dated May 28, 2026 reported a $77.4 million total offering amount with $546,807 sold as of that filing date.
Passco's largest Boston-MSA buy, closed Q1 2026; built by Hanover Co. as Hanover Toscana; $77.4M Form D (506b)
230 unitsBased on issuer-filed Form D notices through May 28, 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 amount1.0%
Capital sold, per latest Form D$546,807
Remaining amount reported in latest Form D$76,853,193
Investor count reported in latest Form D12
Stated minimum investment$25,000
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First filedMar 17, 2026
Latest filingMay 28, 2026
Filings tracked2
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 trust identity
Novella at Tuscan Village is the multifamily property held by Passco Toscana DST, a Delaware statutory trust sponsored by Passco Companies. Passco acquired the asset within the Tuscan Village development in Salem, New Hampshire and rebranded it as Novella at Tuscan Village 1. The community comprises 230 apartment units in a single building on approximately 1.615 acres, offering studio through three-bedroom residences at 15 Artisan Dr 1. Passco described the acquisition as its largest multifamily investment to date in the Boston metropolitan statistical area 1.
Offering data
An issuer-filed Form D/A dated May 28, 2026 reported a total offering amount of $77,400,000 with $546,807 sold as of that filing date 2. A Form D/A is a notice of an exempt offering, not SEC registration, and these figures reflect issuer-reported amounts as of the filing date rather than current availability. Top1031's structured record reflects the same filing-derived figures as of May 28, 2026 3.
In the news
Frequently asked questions
Is Novella at Tuscan Village currently active?
Novella at Tuscan Village 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 Novella at Tuscan Village?
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.