The Griffon at Vero Beach
Multifamily property in Vero Beach, FL — sponsored by Passco Companies
Files with the SEC as Passco Vero Beach DST
Minimum investment
$25k
Offering size
$53.5M
How much has sold
100.0%
Asset type
Multifamily property
Location
Vero Beach, FL
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
The Griffon at Vero Beach combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (3)Hide sources (3)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Property address
- 2050 Griffon Road, Vero Beach, FL
- Property size
- Not stated publicly
How did it end?
No sale or other ending on record
Passco Vero Beach DST remains in operation as of July 2026 — The Griffon at Vero Beach (297-unit Class A multifamily in Vero Beach, FL, acquired from Crest Residential as a brand-new lease-up per crestres.com portfolio page) is still actively leased per griffonverobeach.com and the property's Facebook page, the DST's Form D equity raise only closed March 31, 2026, and Passco's May 8, 2026 Q1 PR (PR Newswire) lists no dispositions and AltsWire's full Passco archive shows no full-cycle announcement.
New-construction luxury multifamily at 2050 Griffon Road, Vero Beach, FL 32966, marketed as a 1/2/3-bedroom apartment and townhome community; Passco added it to its managed-portfolio page in March 2026.
Not stated publiclySupporting evidence
Who's behind it?
- Sponsor
- Passco Companies
- Legal Trust name
- Passco Vero Beach DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 4 active / 31 total offerings from Passco Companies
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
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.
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.
Common questions
What happened to The Griffon at Vero Beach?
Top1031 lists The Griffon at Vero Beach as historical. It is no longer raising money.
Where does Top1031 get the data for The Griffon at Vero Beach?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7The Griffon at Vero Beach — Resort-Style Community in the Heart of Vero BeachProperty marketing site describes The Griffon at Vero Beach as a brand-new 1-, 2-, and 3-bedroom apartment and townhome community at 2050 Griffon Road, Vero Beach, FL 32966. Florida Portfolio – The Griffon at Vero BeachPassco's Florida project page lists 'The Griffon at Vero Beach' in Vero Beach, FL with a March 31, 2026 date, consistent with the Passco Vero Beach DST holding period. Our Properties — FloridaPassco's current-properties page lists The Griffon at Vero Beach (March 31, 2026 portfolio snapshot), confirming Passco acquired and operates the asset underlying the Passco Vero Beach DST.