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Educational content for registered investors. Nothing here is an offer to sell or a solicitation to buy any security.

Home/Sponsors/Passco
Sponsor Profile

Passco

Irvine, CA · Founded 1998 · passco.com · Updated September 2, 2026
By Jerry Baker · Founder & Managing Principal, Baker 1031 Investments

Passco Companies is an Irvine multifamily and commercial sponsor, founded in 1998, whose founder Bill Passo helped pioneer the modern tenant-in-common 1031 structure that preceded the DST—giving the firm genuine standing in the history of securitized exchanges.

Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. and is not itself a registered broker-dealer or investment adviser; securities are offered through Aurora Securities, Inc., member FINRA/SIPC, by Gerald F. Baker III, a registered representative of Aurora Securities, Inc. Baker 1031 Investments is not affiliated with, endorsed by, or sponsored by Passco. This page is Baker 1031’s own research profile of the sponsor. Passco and its logo are trademarks of their respective owner, used here for identification only.

Assets Under Mgmt
$4.1B
Year Founded
1998
Headquarters
Irvine, CA

Passco Overview

Passco Companies is an Irvine multifamily and commercial sponsor, founded in 1998, whose founder Bill Passo helped pioneer the modern tenant-in-common 1031 structure that preceded the DST—giving the firm genuine standing in the history of securitized exchanges. With $4.1 billion in AUM as of late 2025 and more than $8 billion in lifetime acquisitions across multiple cycles, Passco concentrates on Class A multifamily in Southeastern and secondary/tertiary markets, owning or managing some 30,000 units. Its structural heritage and through-cycle acquisition record make it a seasoned, large-scale name in the category.

Passco Strategies & Advantages

  • Founder Bill Passo helped pioneer the modern TIC 1031 structure (Rev. Proc. 2002-22).
  • Concentrates on Class A multifamily in Southeastern and secondary/tertiary markets.
  • Has completed $8B+ in acquisitions across multiple cycles.
  • Owns or manages roughly 30,000 units.
  • Manages $4.1 billion, a seasoned large-scale presence.
These describe the sponsor’s approach and potential advantages only, and should be weighed against the risks common to DST investments — illiquidity, loss of principal, and no guaranteed distributions. Full risk factors are in each offering’s Private Placement Memorandum.

Passco Track Record

Baker 1031 does not yet have verified, deal-by-deal full-cycle results for Passco. The track records on this site are limited to sponsors whose programs have been independently recomputed from their own offering documents. Past performance does not guarantee future results.

Figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. “Preferred” is Baker’s internal designation, not a rating or endorsement.

Current Passco Offerings

Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. View available investments →

Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →

Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Real estate investments involve risk, including possible loss of principal.