Passco News

This is a guest column from Jack Fitzgibbon, general counsel at Passco Companies, for RECon 2016. Foreign investment in US real estate is booming, and the retail sector is no…

Earlier this year, Sports Authority filed for Chapter 11 bankruptcy protection. The retailer cited “the increasing amount of shopping that is occurring online” as one reason for decreased sales and…

This is a guest column from Todd Siegel, VP of retail at Passco Companies, for ICSC RECon 2016. The retail landscape continues to evolve and retail owners are taking note. Over the…

When it comes to demand for multifamily communities, there are usually two demographics that come to mind: millennials and baby boomers. What most people don’t realize, however, is that even though both groups…

The Ivy, a 248-unit, class A+ newly-constructed multifamily complex in Orlando’s Florida Hospital Village has traded hands. The sale price: $53.5 million. Passco Companies acquired the multifamily asset. Florida Hospital Village is the second-largest hospital…

Passco Companies has acquired The Overlook multifamily community in Nashville, Tenn., for $51.4 million. The 452-unit apartment community features units with large open-plan floor plans of up to 1,250-plus square feet…

The past several years have been a smooth ride for the apartment industry. Yet multifamily players now have mixed feelings about where the road ahead will lead. Put a group…

At this year's Connect Retail West, Bob Peterson, Passco's Vice President, Investments, sat on the Evolution of Retail pane, discussing how retail’s face is changing. In the evolution of retail, should…

What’s new in multifamily?  As the darling of commercial real estate investment for the past few years, this product type has some interesting trends in store.  Below are the key…

Irvine, Calif.-based Passco Cos. has made its first acquisition in the Mid-Atlantic, scooping up the 240-unit apartment building, The Shelby, for $69.5 million, located in Alexandria, Virginia. The Shelby is…