Launches

Passco Grand Prairie DST opens a $33.875 million offering

Passco Companies sponsors the Delaware Statutory Trust (DST), one of five Passco offerings now Active, and Passco Capital, Inc. is named to receive sales compensation.

Published Updated

Passco Grand Prairie DST filed a Form D on October 30, 2026 for an offering of up to $33.875 million, sponsored by Passco Companies. The Trust reported no amount sold and no investors as of that date, with a minimum investment of $25,000 and a first sale yet to occur. The filing classifies the offering in the Residential industry group and does not name a property or a property location.

Field

Value

Trust

Passco Grand Prairie DST

Sponsor

Passco Companies

Property

not stated

Asset type

Residential (industry group on the filing)

Location

not stated

Offering amount (maximum)

$33,875,000

Minimum investment

$25,000

Amount sold (as of October 30, 2026)

$0

Investors

0

Exemption

Rule 506(b)

Sales commissions

$2,591,438 (estimated)

Recipient of sales compensation

Passco Capital, Inc.

Date of first sale

Yet to occur

Form D filed

October 30, 2026

Trust

Passco Grand Prairie DST

Sponsor

Passco Companies

Property

not stated

Asset type

Residential (industry group on the filing)

Location

not stated

Offering amount (maximum)

$33,875,000

Minimum investment

$25,000

Amount sold (as of October 30, 2026)

$0

Investors

0

Exemption

Rule 506(b)

Sales commissions

$2,591,438 (estimated)

Recipient of sales compensation

Passco Capital, Inc.

Date of first sale

Yet to occur

Form D filed

October 30, 2026

The median minimum investment across DST Form D filings over the past year is $100,000.

Under Rule 506(b), general solicitation and advertising are prohibited, and up to 35 non-accredited purchasers who meet sophistication requirements may participate alongside accredited investors. The exemption does not establish how the Trust is distributed or who its purchasers are.

Passco Companies has 105 programs on its record. Its other Active offerings are multifamily: Allure at Edinburgh in Chesapeake, VA, Novella at Tuscan Village in Salem, NH, Preston Ridge Apartments in Hickory, NC, and Velo Riverside in Dayton, KY.

The filing lists Larry Sullivan as an Executive Officer. A sponsor announcement dated November 4, 2025 identifies him as President of Passco Companies. Research conducted on October 31, 2026 located the Trust only in filing listings, including a StreetInsider entry posted the day of the filing; that search covered public web results and targeted trade outlets, and found no separate editorial coverage within that scope.

Sources: Form D, Passco Grand Prairie DST, filed October 30, 2026; filing index, October 30, 2026; StreetInsider filing listing, October 30, 2026.

Offering amounts are maximums from the Form D, not capital raised; amounts sold are as of the filing date, and median figures are counted per filing across DST Form D filings of the trailing twelve months, amendments included. How we report filings.

Where to go next

More on this offering and its sponsor