Passco Northridge DST

in Jackson, MS · sponsored by Passco Companies

Passco Northridge DST, sponsored by Passco Companies, filed its first Form D with the SEC on Jan 28, 2022 for a $33.9 million offering. Its last Form D was filed Jan 28, 2022.

How it ended

No outcome recorded · under 7 years

Last Form D filed Jan 28, 2022.

Passco Companies has 4 active offerings on record →

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$33,975,000
Equity offered, per the Form D
Sold
$0
Form D, Jan 28, 2022
Investors reported
3
Form D, Jan 28, 2022
Selling commissions
$2,972,813 · 8.7% of offering
Form D Item 15; the % is our arithmetic
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

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Passco Northridge DST image

Passco Northridge DST · Jackson, MS · Photo: arlingtonproperties.net

What did Passco Northridge DST own?

Reported location
Jackson, MS

How was it financed, and what did it cost to sell?

Costs and terms from the Form D

Selling commissions
$2,972,813 · 8.7% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$4,458,362 · 13.1% of offering
Form D Item 16
· The filing’s note: “Passco Northridge Depositor, LLC will be responsible for paying certain fees and costs of approximately $4,158,362”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Minimum investment
$25,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

Legal Trust name
Passco Northridge DST
SEC CIK
1906693
First Form D
Jan 28, 2022
Latest Form D
Jan 28, 2022
Filings on record
1
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

SEC Form D filings, newest first

SEC Form D filings for Passco Northridge DST, newest first
FiledFormOffering amountAmount soldInvestorsFiling on SEC EDGAR
Form D$33,975,000
$0
3
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Common questions

What happened to Passco Northridge DST?
Passco Northridge DST is a Historical offering. Last Form D filed Jan 28, 2022.

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 offering documents before investing.