Passco Companies
104 Programs on record · filing history back to 2009 · 4 classified as raising now
passco.comPrograms on record104
First filed2009
Raising now4
Sponsor-reported, from SEC filings and cited sources.
What is on this sponsor’s Record Card?
Top1031 Sponsor Record Card
How this letter was decidedPassco Companies
A
Grade A
No documented loss found in searched sources. 34 sales with a sponsor-published result.
Lost or impaired investor capitalCounted outcomes
034
- Programs found in SEC fundraising filings (Form D)
- 104
- Share of programs over 3 years old whose status we confirmed
- 64%
Which Programs are on the record?
A Program is one filing-level offering record associated with this Sponsor. Results are public and stay next to their source. A loss category stays inside the Grade veil.
ProgramFirst filedSponsor-stated result + sourceCounted as
PASSCO ENCORE DST2025Trust still owns and operates the property; JRW Investments lists Passco Encore DST as 'Active' (not Full Cycle), and re-transition.com shows the offering as 'Closed Offering' (equity raise complete; trust still operating the 322-unit Encore community in Belton, MO).Source As reported by the sponsor.
Still operatingDocument
PASSCO MERRIMACK DST2025Trust still owns and operates the property; JRW Investments lists Passco Merrimack DST as 'Active' (not Full Cycle), and re-transition.com shows the offering as 'Closed Offering' (equity raise complete; trust still operating the 224-unit Merrimack, NH community). Note: a March 2025 'SLATE at Merrimack' sale (by LeCesse Development) is a different property and is not related to this DST.Source As reported by the sponsor.
Still operatingDocument
Show all 104 Programs
Passco Prism DST2025Passco Prism DST remains in operation as of July 2026 — Prism at Diamond Ridge (336-unit multifamily in Moon Township, PA, acquired by Passco from Thompson Thrift on July 24, 2025 per Multi-Housing News) is still actively leased and managed by Greystar with July 2026 leasing specials on prismatdiamondridge.com, the DST's Form D equity raise only closed March 4, 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.Source As reported by the sponsor.
Still operatingDocument
PASSCO TURFWAY DST2025Trust still owns and operates the property; JRW Investments lists Passco Turfway DST as 'Active' (not Full Cycle), and re-transition.com shows the offering as 'Closed Offering' (equity raise complete; trust still operating the 320-unit Florence, KY community).Source As reported by the sponsor.
Still operatingDocument
Passco Vero Beach DST2025Passco 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.Source As reported by the sponsor.
Still operatingDocument
Passco Chestnut Farm DST2024Trust still owns and operates the property; JRW Investments lists Passco Chestnut Farm DST as 'Active' (not Full Cycle), and re-transition.com shows the offering as 'Closed Offering' (equity raise complete; trust still operating the 256-unit Chestnut Farm Apartments in Matthews, NC).Source As reported by the sponsor.
Still operatingDocument
Passco Covington Ridge DST2024Trust still owns and operates the property; JRW Investments lists Passco Covington Ridge DST as 'Active' (not Full Cycle), and re-transition.com shows the offering as 'Closed Offering' (equity raise complete; trust still operating the 267-unit Covington, KY community).Source As reported by the sponsor.
Still operatingDocument
Passco Cortona DST2023The Passco Cortona DST holds Cortona at Forest Park (278 units, St. Louis, MO), acquired December 7, 2023 with a $33.7M KeyBank Fannie Mae loan; JRW Investments' Passco sponsor table lists Cortona as Active (not yet Full Cycle) with projected 4.36% annual cash flow as of 2026.Source As reported by the sponsor.
Still operatingDocument
Passco One Riverwalk DST2023Trust's property (One Riverwalk, 303-unit luxury multifamily, Knoxville, TN, acquired Nov 2023 for ~$120.7M) remains in Passco's current managed portfolio as of December 31, 2025, and JRW shows the One Riverwalk DST as Active/Reviewed with 4.74% annual cash flow [1][2][4].Source As reported by the sponsor.
Still operatingDocument
Passco Springhouse DST2023Passco's current managed portfolio, stated as of June 30, 2026, lists Springhouse in Louisville, while JRW's Passco table lists Springhouse DST as Active, supporting a still-operating outcome.Source As reported by the sponsor.
Still operatingDocument
Passco Estelle DST2022Passco acquired The Estelle (280-unit apartment community in Birmingham, AL) for ~$69M and the property remains actively listed in Passco's current 'Our Properties' portfolio with no sale, UPREIT exchange, or full-cycle announcement located.Source As reported by the sponsor.
Still operatingDocument
Passco Northridge DST2022No sponsor-stated result on record
Still operating
Passco Sawgrass DST2022Passco's current managed portfolio, dated June 30, 2026, lists Sawgrass Point in Gonzales, LA, while the property's official leasing site advertises a July 28-August 31, 2026 move-in special; SEC EDGAR shows only the 2022 offering filings and no disclosed disposition or full-cycle event.Source As reported by the sponsor.
Still operatingDocument
Passco Altis Promenade DST2021No sponsor-stated result on record
Still operating
Passco Aventine DST2021No sponsor-stated result on record
Still operating
Passco Braselton DST2021No sponsor-stated result on record
Still operating
Passco Chesterfield DST2021No sponsor-stated result on record
Still operating
Passco Collins DST2021No sponsor-stated result on record
Still operating
Passco Jennings Mill DST2021No sponsor-stated result on record
Still operating
Passco Little Rock DST2021No sponsor-stated result on record
Still operating
Passco Long Farm DST2021No sponsor-stated result on record
Still operating
Passco Mill at New Holland DST2021No sponsor-stated result on record
Still operating
Passco San Antonio DST2021No sponsor-stated result on record
Still operating
Passco Sweetwater DST2021No sponsor-stated result on record
Still operating
Passco Vecina DST2021No sponsor-stated result on record
Still operating
Passco Woodland Lakes DST2021No sponsor-stated result on record
Still operating
Passco Cypress Creek DST2020No sponsor-stated result on record
Still operating
Passco Mellody Farm DST2020No sponsor-stated result on record
Still operating
Passco Nocatee DST2020No sponsor-stated result on record
Still operating
Passco One Hampton DST2020No sponsor-stated result on record
Still operating
Passco Preserve DST2020No sponsor-stated result on record
Still operating
Passco Buckhead DST2019No sponsor-stated result on record
Sold according to the sponsor, not yet verified
Passco Fritz Farm DST2019No sponsor-stated result on record
No public outcome found
Passco Grand Oaks DST2019No sponsor-stated result on record
No public outcome found
Passco Grayson DST2019No sponsor-stated result on record
No public outcome found
Passco Lakeview Villas DST2019No sponsor-stated result on record
Still operating
Passco Legacy DST2019No sponsor-stated result on record
No public outcome found
Passco Park 35 DST2019No sponsor-stated result on record
Still operating
Passco Sapphire Bay DST2019No sponsor-stated result on record
Still operating, confirmed
Passco Tribute DST2019No sponsor-stated result on record
No public outcome found
Passco Turkey Creek DST2019No sponsor-stated result on record
Still operating
Passco Asheville Exchange DST20181.9x equity multiple, 11.25% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Carolina Forest DST20182.14x equity multiple, 20.97% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco District Lofts DST2018No sponsor-stated result on record
Still operating, confirmed
Passco HomePlace DST20181.75x equity multiple, 8.32% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco L82 Sarasota DST2018Longitude 82 apartments (5900 Wilkinson Rd, Sarasota, FL, formerly Springs at Bee Ridge) were sold by Passco Companies on December 19, 2022 for $115,000,000 ($319,444 per unit) per JBM press release; Baker1031 sponsor profile lists Longitude 82 as a Passco full-cycle program with a 1.82x equity multiple, 16.07% ARR, and a 4-year hold (source: JBM press release; Baker1031 Passco sponsor profile; 1031gateway executive summary).Source As reported by the sponsor.
Sold, result reported by others, not by the sponsorDocument
Passco Mariner DST20182.55x equity multiple, 20.6% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Merritt DST20182.04x equity multiple, 19.56% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Point DST201811.92% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco River Oaks Self Storage DST2018No sponsor-stated result on record
No public outcome found
Passco Sea Glass DST2018No sponsor-stated result on record
Still operating, confirmed
PASSCO 1000 WEST DST20172.16x equity multiple, 16.64% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Greenwood DST20172.03x equity multiple, 15.21% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO HAVEN DST201718.96% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO LONGITUDE DST20172.18x equity multiple, 13.85% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO MARISOL DST20172.04x equity multiple, 9.35% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO OCEAN DST2017No sponsor-stated result on record
Still operating, confirmed
Passco Parker DST2017Passco sold The Parker at Huntington (360-unit multifamily in Alexandria, VA, acquired October 2017 for ~$116M) to Brookfield Properties in March 2022 for $136M, per Bisnow and confirmed by Brookfield REIT's SEC filings showing the property in its portfolio.Source As reported by the sponsor.
Sold, no result reportedDocument
PASSCO PEARCE AT PAVILION DST20171.73x equity multiple, 9.55% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO VOYAGER DST2017No sponsor-stated result on record
No public outcome found
Passco Watervue DST2017No sponsor-stated result on record
No public outcome found
PASSCO ALMERIA DST20162.51x equity multiple, 20.2% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO BLOCKS DST2016No sponsor-stated result on record
No public outcome found
PASSCO IVY DST20161.17x equity multiple, 3.15% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO OVERLOOK DST20161.56x equity multiple as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO PARKCREST DST20162.04x equity multiple, 10.7% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO SHELBY DST2016No sponsor-stated result on record
No public outcome found
PASSCO VERANDA DST2016The trust's property, The Veranda at Norton Commons (a 236-unit multifamily community at 9506 Civic Way, Prospect/Louisville, KY), was sold in May 2022 for $72.8 million to The Connor Group per CoStar and Louisville Business First; no equity multiple, IRR, total return, or hold period was stated in a DST-level full-cycle announcement.Source As reported by the sponsor.
Sold, no result reportedDocument
PASSCO ARLINGTON DST2015Full cycle completed per Baker1031 sponsor profile with 1.62x equity multiple / 8.38% annualized return / 6-year hold on Arlington at Eastern Shore (Spanish Fort AL), acquired by Passco 6/2015 for ~$42.975M.Source As reported by the sponsor.
Sold, result reported by others, not by the sponsorDocument
PASSCO ESTATES DST20153.17x equity multiple, 21.2% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO LEXINGTON DST20151.52x equity multiple, 8.67% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO LONE OAK DST20151.51x equity multiple, 8.65% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO LUXE DST20151.35x equity multiple, 7.72% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
PASSCO ST. PETERSBURG DST2015The trust's property, Provenza at St. Pete (formerly Azure Apartments, a 308-unit Class A community at 540 Trinity Lane, St. Petersburg, FL), was sold on December 23, 2019 for $70.25 million to Momentum Real Estate Partners / MREF St. Pete III LLC per St. Pete Catalyst; no equity multiple, IRR, total return, or hold period was stated in a DST-level full-cycle announcement.Source As reported by the sponsor.
Sold, no result reportedDocument
Passco Brier Creek DST20141.43x equity multiple, 7.44% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Columns DST20142.03x equity multiple, 12.54% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Hickory DST20142.47x equity multiple, 19.83% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Twenty25 DST2014No sponsor-stated result on record
No public outcome found
Passco Vinings DST2014No sponsor-stated result on record
Sold according to the sponsor, not yet verified
Passco Autumn Breeze DST20131.66x equity multiple, 7.53% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Encore at the Park DST20131.61x equity multiple, 10.04% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Glen at Alexander DST20139.93% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Rivergate DST2013No sponsor-stated result on record
No public outcome found
Passco Vue21 DST201314.49% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Wakefield Glen DST20134.98% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Broad River DST20126.9% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Stonegate DST20121.45x equity multiple, 6.44% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Wolfchase DST20129.24% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Indian Springs DST2011No sponsor-stated result on recordSource
No public outcome foundDocument
Passco Marcus Pointe DST2011No sponsor-stated result on recordSource
No public outcome foundDocument
Passco Carrington Park DST20101.61x equity multiple, 7% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Sundance Creek DST20102.01x equity multiple, 12.33% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
Passco Promenade Crossing DST20097.18% annualized as reported by the sponsorSource As reported by the sponsor.
Sold, result reported by the sponsorDocument
What is raising now?
Classified active by Top1031 from SEC filings. That does not confirm an offering is still available to buy.
SponsorPropertyOffering sizeAmount soldStatus☆
Allure at EdinburghSEC filing, May 20, 2026
Amount sold: too new to show. The first SEC filing for this offering was made in the past 30 days.
Just launchedPreston Ridge ApartmentsSEC filing, Jan 21, 2026
Amount sold: not confirmed yet. Top1031 has not been able to confirm how much of this offering has sold.
ActiveShow all 4 active offerings
Velo RiversideSEC filing, Dec 29, 2025
Who is behind this record?
Passco Companies is a U.S. real estate investment company that states it was formed in 1998 and pioneered securitized 1031 exchange opportunities before continuing to offer investors the Delaware statutory trust structure. It acquires, develops, and manages multifamily and commercial real estate nationally, with stated criteria covering traditional market-rate and luxury communities of at least 200 units at core, core-plus, and near-stabilized profiles across primary, secondary, and tertiary markets. Top1031 tracks 104 Passco-sponsored DST entities first filed between 2009 and 2026. Greystone made a minority investment in Passco in connection with a 2022 strategic alliance, and Passco reported closing more than $300 million of transactions in the first quarter of 2026.
Sponsor-stated figures are as reported by the sponsor.Evidence 12345678
Written from SEC filings and cited sources
Platform and strategy
Passco Companies describes itself as a U.S. real estate investment company specializing in acquiring, developing, and managing multifamily and commercial properties. Its stated acquisition criteria cover traditional market-rate and luxury multifamily at core, core-plus, and near-stabilized profiles across national primary, secondary, and tertiary markets, with a minimum of 200 units. The firm states that it was formed in 1998 and that it pioneered securitized 1031 opportunities, later continuing to offer investors the Delaware statutory trust structure 1.
Sponsored DST programs
Top1031's sponsor record tracks 104 Passco-sponsored Delaware statutory trust entities. The series begins with Passco Promenade Crossing DST, first filed in 2009, and continues in every year through Passco Preston Ridge DST, Passco Toscana DST, and Passco Allure DST, each first filed in 2026. Program names across the span are predominantly apartment-community trusts, with occasional other property types such as Passco River Oaks Self Storage DST, first filed in 2018 2.
Representative realized programs
Top1031 validated outcome records document completed property sales in earlier Passco trusts. The property held by Passco Broad River DST sold on July 12, 2019 at a whole-property price of $24.0 million after a hold of roughly 6.9 years 3. The property held by Passco Parker DST sold on March 1, 2022 at a whole-property price of $136 million after about 4.5 years 4. The property held by Passco Veranda DST sold on May 1, 2022 at a whole-property price of $72.8 million 5.
Ownership and the Greystone alliance
In a January 20, 2022 announcement, Passco described a Greystone-Passco alliance intended to broaden acquisition opportunities to post-construction and pre-stabilized investments 6. Multi-Housing News reported on February 22, 2022 that Greystone made a minority investment in Passco Companies as the two firms formed the alliance 7.
Reported 2026 acquisitions
In a May 8, 2026 release distributed by PR Newswire, Passco reported closing more than $300 million of first-quarter 2026 transactions. The release identified the acquisition of Preston Ridge, a 340-unit multifamily community in Hickory, North Carolina; the acquisition of a 230-unit community in Salem, New Hampshire, which Passco said it would rebrand as Novella at Tuscan Village; and an acquisition in the Boston MSA that Passco characterized as its largest multifamily investment to date 8.
Show sources (8)Hide sources (8)
- Passco Companies ↗Sponsor disclosure
- Top1031 sponsor record ↗Top1031-derived
- Top1031 validated outcome ↗Top1031-reviewed source
- Top1031 validated outcome ↗Top1031-reviewed source
- Top1031 validated outcome ↗Top1031-reviewed source
- Passco Companies ↗Sponsor disclosure
- Multi-Housing News ↗Independent report
- Passco Companies via PR Newswire ↗Sponsor disclosure
Passco Companies in the news
More sponsor coverage (15)
Passco Companies (press release) ↗also: PR Newswire (prnewswire.com) ↗also: PR Newswire (Passco Companies) ↗also: citybiz ↗also: PR Newswire (Passco Companies) ↗also: citybiz ↗also: TrueNorthRadioNetwork (citybiz wire republish) ↗also: PR Newswire (Passco Companies) ↗also: PR Newswire (Passco Companies) ↗also: PR Newswire (Passco Companies) ↗also: Multifamily Executive ↗
What can I do next?
Use the record as a starting point. Compare the current Programs, save offerings to your Watchlist, or ask a licensed specialist about the facts shown here.