Passco News

Texas markets are meeting a healthy demand for multifamily housing from millennials who are reaching renting age and baby boomers who are downsizing, while attracting investment from around the United…

Passco Companies, LLC a privately held Calif.-based real estate company that specializes in the investment, acquisition, development and management of commercial properties throughout the U.S., has announced  the addition of…

Passco Cos. sold The Village at Lionsgate, a 360-unit community in the Kansas City submarket of Overland Park, Kan. The buyer already owned a portion of interest in the asset…

Used by industries as diverse as rental cars and farming, 1031 exchangesaffect a broader swath of the business world than many commercial real estateexecutives realize, making them an even more significant part…

Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments, to the tune of 4.6 million by 2030, according to a new study commissioned by…

Irvine, CA-based Passco Companies acquired Pearce at Pavilion, a 250-unit Class A multifamily community in Riverview, FL, located southeast of Downtown Tampa. The apartment community was purchased from a joint-partnership…

Passco Cos. acquired The Haven at West Melbourne in West Melbourne, Fla. for $53.3 million. The 336-unit community is a best-in-class asset with a history of high occupancy and rental rates,…

Larry Sullivan, ADISA board member and president of Passco Companies, discusses Section 1031 Like-Kind Exchanges and what to watch for on the tax reform front. https://player.vimeo.com/video/217660760?color=e3e3e3&byline=0&portrait=0 This video was originally…

Springs at Estero, an institutional grade, class A, 260-unit multifamilycommunity in Southwest Florida, has traded hands. Passco Companies acquired the multifamily asset for $53.5 million. The brand new, stabilized multifamily property is in the submarket of Estero…

Passco Cos. acquired Temescal Village, a 102,976-square-foot neighborhood shopping center in Corona, Calif., for $17 million. The company plans to reposition the 1983 asset by integrating a series of capital improvements…