
Passco Companies has appointed Adriana Olsen to national sales manager.
With this promotion, Olsen, who previously served as the firm’s senior vice
president of marketing, “deepens her role” across all marketing efforts on a
national scale, said Belden Brown, executive vice president and partner at
Passco.
“Adriana has played an instrumental part in Passco’s success over the past
two decades, spearheading our firm’s marketing efforts and helping to cultivate
our exceptional reputation among broker-dealer and investor communities
throughout the country,” said Brown. “In her new role, she will oversee the
marketing department’s initiatives to continue to strengthen Passco’s presence
in the securities industry.
Prior to joining Passco roughly two decades ago, Olsen served as a licensed
real estate agent with Prudential Real Estate. She holds a bachelor’s
degree from the University of Delaware and is an active member of the
Alternative & Direct Investment Securities Association (ADISA).
Passco noted that Olsen’s appointment coincides with its “ongoing
expansion,” as it continues to grow its capabilities and potentially move into
new markets, product types, and investment channels.
Greystone, a commercial real estate finance company, acquired a minority
ownership stake in Passco earlier this year. In addition, Passco said that
it added 10 new team members in 2021 and nine year-to-date.
Passco Companies, a full-service real estate company, acquires, develops,
and manages multifamily and commercial properties throughout the U.S., and
provides other services such as asset management, property development and
construction. The firm currently has $3.7 billion assets under management.
Originally published on The DI Wire.