Passco
Sponsor Overview
Passco Companies is a 26-year-old Irvine-based DST sponsor that focuses exclusively on multifamily investments in Sun Belt growth markets. With 46 full-cycle DST exits — one of the deepest track records in the workbook — Passco has delivered consistent results: avg 11.7% AAR, 1.89x EM, 5.6-year holds, and a 100% success rate (zero losses across all 46 exits). Founded in 1998 by Bill Passo, the firm emphasizes institutional-quality Class A and B+ multifamily acquisitions with moderate leverage, active asset management, and targeted renovation programs. Passco's flat 100% success rate makes it one of the most reliable multifamily DST sponsors in the industry.
Sponsor Notes
- Multifamily-only focus — Sun Belt Class A/B+ Class
- Moderate leverage with stabilized cash flow thesis
- 100% track record success rate (46 of 46 DSTs profitable)
- 26-year operating history — disciplined and consistent
Sponsor Overview
Firm Name
Passco
Headquarters
Irvine, CA
Year Founded
1998
Assets Under Management (AUM)
$8B+
Preferred Sponsor
No
Performance
Full-Cycle DSTs
46
Average Annual Return
11.74%
Average Equity Multiple
1.89x
Average Hold Period
5.59 Years
Success Rate
100.00%
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