Passco Companies
104 Programs on record · filing history back to 2009 · 4 classified as raising now
passco.comPrograms on record104
First filed2009
Raising now4
Finished with published result88%
Capital-loss alertNone published
Sponsor-reported, from SEC filings and cited sources.
What the record shows
Passco Companies, LLC, successor to Passco Real Estate Enterprises, Inc., which was formed in 1998, conducts a principal business of acquiring, syndicating, and managing investment properties with its affiliates. The sponsor says it began as a pioneer in securitized 1031 opportunities, later shifted toward multifamily, and continued to offer the Delaware statutory trust structure, specializing in market-rate and luxury multifamily plus commercial property with core, core-plus, and near-stabilized profiles; it reported $4.6 billion of assets under management in August 2026. Top1031 tracks 104 Passco-sponsored DST entities, first filed between 2009 and 2026. Passco reported more than $300 million of first-quarter 2026 transactions.
Sponsor-stated figures are as reported by the sponsor.Evidence 12345678
Published Grade summary
Public records track 104 Programs across 16 yrs, with 58 lifecycle-eligible and 57 seasoned; 43 are recorded as property sold with the result unknown, and 12 as seasoned with leverage unknown. The outcome-disclosure ledger shows a figure published for 38 Programs and 5 silent, with none acknowledging an outcome without a figure. No material adverse events or recorded floor appear in the file, which is not evidence of safety; 76 citations support this review.
58Programs with an ending or 7+ years of history
0 of 58Programs with a documented problem
88%Finished Programs with a published result
YesPublishes its own track record
Raising money now
Classified active by Top1031 from the 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
How this Grade was computed
The four channels describe the documented public record. The published letter also applies evidence gates, ceilings, and adverse floors.
Four evidence channelsEach channel is scored from 0 to 100, then weighted under the published method.
Read the full methodHarm recordDocumented problems, weighed against everything at stake35% weight
Lifecycle outcomesHow programs old enough to finish actually ended25% weight
Market acceptanceHow each raise went against comparable offerings25% weight
Disclosure candorWhether completed programs come with published results15% weight
Weighted blend35% H + 25% L + 25% R + 15% TThe published result applies the anti-washout ceilings, evidence gates, and adverse floors below after this blend. Top1031 does not publish an intermediate score.
AProven71 and above
BEstablished61–70
CUnproven50–60
DWarning36–49
FAdverseBelow 36
NRNot ratedRecord too small or identity under review
- Ceilings
- The result cannot exceed H + 10 or L + 15, so stronger sales evidence cannot wash out a weaker harm or lifecycle record.
- Evidence gates
- A and B require minimum proof depth, lifecycle history, and channel evidence. A also requires qualifying disclosure coverage.
- Adverse floors
- An Integrity alert sets an F floor. A dominant documented capital loss or multiple independent severe events sets D or lower.
Proof depth93.5Published-outcome coverage88%
- B2026-Q3 · Moved from B.
- A2026-Q3 · Moved from B.
Programs on the record
A Program is the filing-level offering record associated with this sponsor. Published-result figures are shown only with sponsor attribution and adjacent sources.
ProgramFirst filedStatusPublished outcome
Show all 104 Programs
Passco Northridge DST2022Filing record
—Not in the finished-Program ledger
Passco Altis Promenade DST2021Filing record
—Not in the finished-Program ledger
Passco Aventine DST2021Filing record
—Not in the finished-Program ledger
Passco Braselton DST2021Filing record
—Not in the finished-Program ledger
Passco Chesterfield DST2021Filing record
—Not in the finished-Program ledger
Passco Collins DST2021Filing record
—Not in the finished-Program ledger
Passco Jennings Mill DST2021Filing record
—Not in the finished-Program ledger
Passco Little Rock DST2021Filing record
—Not in the finished-Program ledger
Passco Long Farm DST2021Filing record
—Not in the finished-Program ledger
Passco Mill at New Holland DST2021Filing record
—Not in the finished-Program ledger
Passco San Antonio DST2021Filing record
—Not in the finished-Program ledger
Passco Sweetwater DST2021Filing record
—Not in the finished-Program ledger
Passco Vecina DST2021Filing record
—Not in the finished-Program ledger
Passco Woodland Lakes DST2021Filing record
—Not in the finished-Program ledger
Passco Cypress Creek DST2020Filing record
—Not in the finished-Program ledger
Passco Mellody Farm DST2020Filing record
—Not in the finished-Program ledger
Passco Nocatee DST2020Filing record
—Not in the finished-Program ledger
Passco One Hampton DST2020Filing record
—Not in the finished-Program ledger
Passco Preserve DST2020Filing record
—Not in the finished-Program ledger
Passco Fritz Farm DST2019Filing record
—Not in the finished-Program ledger
Passco Grand Oaks DST2019Filing record
—Not in the finished-Program ledger
Passco Grayson DST2019Filing record
—Not in the finished-Program ledger
Passco Lakeview Villas DST2019Filing record
—Not in the finished-Program ledger
Passco Legacy DST2019Filing record
—Not in the finished-Program ledger
Passco Park 35 DST2019Filing record
—Not in the finished-Program ledger
Passco Sapphire Bay DST2019Filing record
—Not in the finished-Program ledger
Passco Tribute DST2019Filing record
—Not in the finished-Program ledger
Passco Turkey Creek DST2019Filing record
—Not in the finished-Program ledger
Passco Asheville Exchange DST2018Finished
Passco Carolina Forest DST2018Finished
Passco District Lofts DST2018Filing record
—Not in the finished-Program ledger
Passco HomePlace DST2018Finished
Passco L82 Sarasota DST2018Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Longitude 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).
Passco Mariner DST2018Finished
Passco Merritt DST2018Finished
Passco Point DST2018Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Passco River Oaks Self Storage DST2018Filing record
—Not in the finished-Program ledger
Passco Sea Glass DST2018Filing record
—Not in the finished-Program ledger
PASSCO 1000 WEST DST2017Finished
Passco Greenwood DST2017Finished
PASSCO HAVEN DST2017Finished
PASSCO LONGITUDE DST2017Finished
PASSCO MARISOL DST2017Finished
PASSCO OCEAN DST2017Filing record
—Not in the finished-Program ledger
PASSCO PEARCE AT PAVILION DST2017Finished
PASSCO VOYAGER DST2017Filing record
—Not in the finished-Program ledger
Passco Watervue DST2017Filing record
—Not in the finished-Program ledger
PASSCO ALMERIA DST2016Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Full cycle completed per Baker1031 sponsor profile with 2.51x equity multiple / 20.20% annualized return / 5-year hold on Almeria at Ocotillo (Chandler AZ); CBRE announced the sale of the 389-unit property in April 2021 to a NY-based pension fund advisor.
PASSCO BLOCKS DST2016Filing record
—Not in the finished-Program ledger
PASSCO IVY DST2016Finished
PASSCO OVERLOOK DST2016Finished
PASSCO PARKCREST DST2016Finished
PASSCO SHELBY DST2016Filing record
—Not in the finished-Program ledger
PASSCO ARLINGTON DST2015Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Full 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.
PASSCO ESTATES DST2015Finished
PASSCO LEXINGTON DST2015Finished
PASSCO LONE OAK DST2015Finished
PASSCO LUXE DST2015Finished
Passco Brier Creek DST2014Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Passco Columns DST2014Finished
Passco Hickory DST2014Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Passco Twenty25 DST2014Filing record
—Not in the finished-Program ledger
Passco Autumn Breeze DST2013Finished
Passco Encore at the Park DST2013Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Passco Glen at Alexander DST2013Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Passco sold the 216-unit Glen at Alexander apartment community at 1040 Alexander Drive, Augusta, GA in August 2019 (the property had been acquired in 2012/2013) — Baker 1031 records a 7-year hold with 1.97x equity multiple and 10.16% annualized return.
Passco Rivergate DST2013Filing record
Figure publishedAs reported by the sponsor.No supporting source indexed yet.
Passco Vue21 DST2013Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Passco Wakefield Glen DST2013Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Wakefield Glen Apartments (246-unit Class A, 2400 Garden Hill Dr., Raleigh, NC) sold on 03/07/2018 for $39,850,000 with Passco Wakefield Glen DST named as grantor and Bel Wakefield LP as grantee (IRR Multifamily Sale Profile, verified by M. Scott Smith MAI on 03/19/2018); the sponsor-specific full-cycle return metrics (equity multiple / IRR) were not stated in any public source.
Passco Broad River DSTSEC filing 2012Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Broad River Trace, the 240-unit Class A garden-style multifamily property at 551 Riverhill Circle in Columbia, SC, was sold by Passco Companies to Hamilton Point Investments on July 12, 2019 for $24 million after a seven-year hold (Connect CRE); the property matches the Passco Broad River DST by name, sponsor and unit count.
Passco Stonegate DSTSEC filing 2012Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Passco Wolfchase DSTSEC filing 2012Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Passco Indian Springs DSTSEC filing 2011Historical
Figure publishedAs reported by the sponsor.No supporting source indexed yet.
Passco Carrington Park DSTSEC filing 2010Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Per the Baker1031 Passco sponsor profile, the Passco Carrington Park DST held Carrington Park, a 240-unit multifamily property at 2000 Central Parkway in Montgomery, AL (not Carrington at Brier Creek in Raleigh), achieving a 1.61x equity multiple over a 7-year hold with a 7.00% annualized return; a Cushman & Wakefield listing records the sale closing on 4/26/2017.
Passco Sundance Creek DSTSEC filing 2010Finished
Figure publishedAs reported by the sponsor.Source 1 Source 2 Source 3
Read the sponsor-stated result
Passco Companies' own news post (republished from a GlobeSt.com article dated August 1, 2016) states Sundance Creek in McDonough, GA 'had traded hands' after a six-year hold at a 60% price increase over the $14.5 million 2010 acquisition; Baker1031's Passco full-cycle track record confirms the deal as a realized program with a 6-year hold, 2.01x equity multiple and 12.33% annualized return (net-to-investor, not audited). [HUMAN REVIEW 2026-07-09: total_return_pct removed — the 60% figure was the GlobeSt-reported property-level price increase over the 2010 acquisition cost, not an investor-level total return; it is a different metric than the Baker1031 track record's 2.01x equity multiple / 12.33% annualized return, which remain as stated.]
Passco Promenade Crossing DSTSEC filing 2009Finished
Figure publishedAs reported by the sponsor.Source 1
Read the sponsor-stated result
Listed as a completed/full-cycle program on Passco Companies's published track record.
Who they are
Written from SEC filings and cited sources
Platform and strategy
Passco Companies, LLC is the successor to Passco Real Estate Enterprises, Inc., which was formed in 1998, and the principal business of Passco and its affiliates is the acquisition, syndication, and management of investment properties 1. Passco says it was formed as a pioneer in securitized 1031 opportunities, later redirected its investment strategy toward multifamily properties, and continued offering the Delaware statutory trust structure to investors 2. The sponsor describes specializing in acquiring, developing, and managing multifamily and commercial properties throughout the United States, including traditional market-rate and luxury multifamily housing with core, core-plus, and near-stabilized profiles, and reported $4.6 billion of assets under management as of August 21, 2026 2.
Sponsored DST programs
Top1031's sponsor record tracks 104 Passco-sponsored Delaware statutory trust entities. The earliest, Passco Promenade Crossing DST, was first filed in 2009, and the series continues through Passco Preston Ridge DST, Passco Toscana DST, and Passco Allure DST, each first filed in 2026, with entities first filed in every year from 2009 through 2026 3.
Representative completed programs
Top1031 validated outcome records document realized 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 about 6.9 years 4. 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 5. The property held by Passco Veranda DST sold on May 1, 2022 at a whole-property price of $72.8 million 6.
Reported 2026 activity
In a release dated May 8, 2026 and distributed by PR Newswire, Passco reported closing more than $300 million of first-quarter 2026 transactions, including the acquisition of Preston Ridge, a 340-unit multifamily community in Hickory, North Carolina 7. The Vermont Attorney General's security-breach table lists Passco Companies, LLC on April 17, 2026 with one Vermont resident affected and Social Security numbers as the data category, and on June 11, 2026 with two Vermont residents affected and government ID numbers as the data category 8.
Show sources (8)Hide sources (8)
- sec.gov ↗Public record
- passco.com ↗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
- prnewswire.com ↗Sponsor disclosure
- ago.vermont.gov ↗Public record
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 ↗