Passco News

Multifamily has remained the preferred investment vehicle of commercial real estate for the last several years, and for good reason. Apartments have demonstrated strong demand, healthy absorption levels and rents…

Passco Cos., among the big dogs in the structured tax-deferred exchange market, is bullish on its prospects this year. The Irvine, Calif., investment manager last year put together some $600…

In conjunction with announcing its goal to acquire more than $1 billion in commercial real estate this year, Passco Companies, LLC has announced the promotions of Alan Clifton to Chief…

Passco Companies has acquired Woodfield South Point, a 2009-built, 240-unit institutional quality multifamily community in the West Ashley submarket of Charleston, South Carolina for $38.5 million. This is the firm’s…

Passco Cos. recently closed on its third acquisition in Florida this year with the purchase of a high-end multifamily property located in Melbourne, Fla., an area that has the largest…

Following the success of our inaugural Fastest-Growing Companies feature, Real Estate Forum is once again putting the spotlight on some of the most dynamic, successful firms in the commercial real…

Passco Cos., along with its joint venture partner, Perdew Investment Group, has announced the sale of the Patriot Self Storage Portfolio, which comprises two Class A self-storage facilities totaling 1,667…

Two Blocks, a Class A, 400-unit midrise multifamily community in the Dunwoody submarket of Atlanta, has traded hands. The sale price: $72 million. Passco Companies acquired the multifamily property. Developed in 2008 by Atlanta-based Pollack Shores Real…

Apartments transactions rose to an all-time record of $150 billion in 2015 and with $72 billion in sales closed in the first half of the year alone, 2016 is on…

Why are so many wealth advisers reticent to move beyond the two-dimensional stock and bond portfolio model and into real assets — specifically real estate? Why is there such widespread…