Passco's Story
Passco Companies is a real estate investment company specializing in the acquisition, development, and management of multifamily and commercial properties throughout the United States.
Through leveraging decades of experience through market cycles, unparalleled insight, and deep industry relationships, Passco has become a leading provider of 1031 exchange real estate investment opportunities.
The company has completed over $8 billion in acquisitions with $4 billion in assets currently under management.
Passco is consistently recognized for its company leadership and culture, as well as exceptional growth in recent years—which has been driven primarily by the firm’s multifamily investment portfolio.
Where
We've Been
1998
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2020
2022
2023
Passco Companies, LLC was formed and were pioneers in providing securitized 1031 opportunities with an investment strategy focusing on retail investments in Central California.
Passco funded the largest securitized loan in the industry for Puente Hills Mall in Southern California. Sold in 2005 for a 21% ARR.
Projecting a period of superior future performance, Passco redirected its investment strategy to multifamily properties growing to over 13,000 units.
Passco was awarded the take-over and asset management of 19 multifamily properties totaling nearly $1 billion. Passco continued to provide 1031’s while offering the DST structure to their investors.
Awarded Best Practices: Owners and Service Providers by Commercial Property Executive. Named as one of Orange County’s “Best Places to Work.”
Passco surpassed $1 billion in multifamily acquisitions. Achieved Preferred Borrower status with Fannie Mae. Named as one of Orange County’s “Best Places to Work” for a second year in a row.
Passco acquired over $330 million in investment grade real estate. Named one of the “Fastest Growing Companies” by Real Estate Forum. Awarded one of the Best Places to work for its 3rd consecutive year and named the 2nd Fastest Growing Private Company by the Orange County Business Journal.
Passco acquired over $550 million in investment grade real estate. Named #1 “Best Places to Work” in Orange County. Ranked #1 in overall revenue growth for “Fastest Growing Companies” by Real Estate Forum.
Passco acquired over $600 million in investment grade real estate, surpassing $2.5 billion in assets under management. Named “Fastest Growing Private Companies in America” by Inc. 5000, and “Top Property Owners” by Commercial Property Executive and Multi-Housing News.
Passco celebrates its 20th year, reaches 2.7 Billion in assets under management, is named an “Influencer in Multifamily” by Real Estate Forum and awarded “Top Company Culture” by Entrepreneur.com. Passco Companies Development expands into the Active Seniors Housing market by breaking ground on 161-unit community with Avenida Partners.
Passco surpassed $1 billion in transaction volume in 2019, with 3.2 billion assets under management. Named #2 Best Places to Work in Multifamily by Multifamily Leadership and 2019 Top Owners by Mutlifamily News. Passco Gives Back reached a quarter of a million dollars given to charities throughout the country. Passco had 13 new hires in 2019 and added offices in Seattle, Phoenix and Tampa.
Passco invented “CoronAID”, an assistance program to help tenants with payment plans during COVID. Named #3 Best Places to Work in Multifamily for Women by Multifamily Leadership and Top Private Companies by Orange County Business Journal. Passco exceeds $6.1 Billion in Acquisitions with over $790 Million in transaction volume during 2020.
The firm forms a strategic alliance with leading national commercial real
estate finance company, Greystone.
Passco celebrates 25 years!
Where
We Are
At the heart of Passco’s value proposition is our team’s ability to identify new opportunities and draw upon our industry reputation and relationships to help develop and scale competitive investment strategies.
We consistently achieve results through acting in the best interest of our investors, team, and the communities in which we invest.
Multifamily Investment Criteria
Other Investments Considered
Retail
- Up to $10 million
- Value-Add Profiles
- Western U.S. with a focus on
- Las Vegas
- Phoenix
- Boise
- Salt Lake City
- Denver
- Select California Markets
Self-Storage
- Up to $100 million
- Stabilized or Value-Add Profiles
- Contiguous U.S.
Industrial
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Up to $100 million
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Multi-Tenant or Single Tenant
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Stabilized or Value-Add
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Contiguous U.S.
Land
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Entitlement and Development
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Suitable for Development, Re-development of Multifamily, Residential
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5 to 100 acres
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Southern and Central California Locations
Where
We're Going
The Passco team approaches every investment opportunity as a chance to push beyond what we've done before.
We’re Committed To
Ranking among the top 5% of 1031 exchange transaction providers.
Growing a portfolio of assets that align with our expertise and goals.
