Passco Companies
DST sponsorfirst SEC filing 2009passco.com
Counted by Top1031 from SEC Form D filings · updated Oct 16, 2026 · Record Card evaluated Oct 12, 2026
31 completed sales; 0 losses or impairments; 31 counted Programs.
Passco Companies has sponsored 104 Delaware Statutory Trust (DST) programs found in SEC Form D filings since 2009, most often multifamily properties. Today its SEC filings show four active offerings; the newest was first filed on May 20, 2026.
Passco Companies DST offerings (4 active)
Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest.
Ask a specialist about these offeringsPassco Companies Record Card
Passco Companies
31 completed sales; 0 losses or impairments; 31 counted Programs.
Completed sales 31Losses or impairments 0Counted Programs 31
Of 104 Programs, 31 count toward the Grade: 31 completed sales and 0 losses or impairments. The lines below describe all Programs, including those outside the Grade count.
- Programs found in SEC fundraising filings (Form D)
- 104
- Share of programs over 3 years old whose status we confirmed
- 64%
How does Passco Companies build its deals?
From one of Passco Companies’ offering documents (Jan 2026). These are the sponsor's own tables, not the Record Card's counts above.
- How complete is the track record in its offering documents?
- Record with gaps
Some losses are described only in the text.
- How often did past exits return less than investors put in?
- 5–15% of the 50+ exits in its tables
As reported by the sponsor.
- How many current programs pay less than the sponsor projected?
- 40% or more of the 50+ programs in its tables
As reported by the sponsor.
- Can its affiliate buy investors out?
- Yes, in the 1 offering reviewed
- Does its own master tenant pay the rent?
- Yes, in the 1 offering reviewed
- Can investors remove the manager?
- No, in the 1 offering reviewed
About Passco Companies
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.Sources: passco.com · Web page · Undated · Top1031 sponsor record · connectcre.com · Web page · 2019 · sec.gov · SEC filing · 2022 · costar.com · Web page · 2022 · passco.com · Web page · 2022 · +2 more
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.com · Web page · Undated ↗ Sponsor disclosure
- Top1031 sponsor record ↗
- connectcre.com · Web page · 2019 ↗
- sec.gov · SEC filing · 2022 ↗
- costar.com · Web page · 2022 ↗
- passco.com · Web page · 2022 ↗ Sponsor disclosure
- multihousingnews.com · Web page · 2022 ↗ Independent report
- prnewswire.com · Press release · 2026 ↗ Sponsor disclosure
Passco Companies track record (104 programs)
Every program found in SEC Form D filings. Programs with a reported result are listed first, then the rest by first filing year. Each row links to its SEC filings.
Show all 104 programsShow fewer
Passco Companies news
Passco Mariner DST sold
Top1031
Passco Voyager DST sold
Top1031
Passco Twenty25 DST sold
Top1031
More Passco Companies coverage (25)
Passco Fritz Farm DST sold in May 2025
Event: May 2025 · Top1031
Passco Point DST Sold The Point at Tamaya Apartments in December 2024
Event: Dec 2024 · Top1031
Passco L82 Sarasota DST sold in December 2022
Event: Dec 2022 · Top1031
Passco Little Rock DST sold in November 2022
Event: Nov 2022 · Top1031
Passco Veranda DST sold in May 2022
Event: May 2022 · Top1031
Passco ST. Petersburg DST sold in December 2019
Event: Dec 2019 · Top1031
Passco Glen at Alexander DST sold in August 2019
Event: Aug 2019 · Top1031
Passco Sundance Creek DST sold in August 2016
Event: Aug 2016 · Top1031
Passco Promenade Crossing DST Reached Full Cycle With the Sale of Its Property
Event: Mar 2015 · Top1031
Questions about Passco Companies DSTs
- Does Passco Companies have DST offerings available now?
- Passco Companies’ SEC filings show four active DST offerings, with stated offering sizes from $44.4M to $77.4M. Active means an SEC filing in the last 15 months and not reported fully subscribed. It does not confirm you can still invest. The newest was first filed on May 20, 2026.
- How many DST programs has Passco Companies sponsored?
- Top1031 found 104 Passco Companies programs in SEC Form D filings. The first was filed in 2009. Each is listed in the track record on this page with a link to its SEC filings.
- What kind of property does Passco Companies put in its DSTs?
- Of the 46 Passco Companies offering records on Top1031, 29 are multifamily and one net lease.
- What is the minimum investment for Passco Companies DSTs?
- Each of its active offerings with a stated minimum lists $25,000, as shown on each offering’s page.
- What results has Passco Companies published for its DSTs?
- On its Record Card, 34 of its 104 programs sold with a result reported by the sponsor. Another five sold without a result reported by the sponsor and two sold by the sponsor’s account but not yet verified. Sponsor-stated figures are as reported by the sponsor; Top1031 does not compute or estimate returns.
- How do I ask about Passco Companies offerings?
- Use the “Ask a specialist about these offerings” button at the top of Passco Companies’ offerings list on this page. Top1031 is not a broker-dealer or investment adviser and does not provide tax, legal, or investment advice.
Answers are generated from the counts on this page and change when the record changes.
Other multifamily DST sponsors
What can I do next?
Use the record as a starting point. Compare the current offerings or save them to your Watchlist.