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.
46 full-cycle investments
| Investment | Location | Asset | Hold (Yrs) | Equity Multiple | Annual Return |
|---|---|---|---|---|---|
| 1000 West | Charleston, SC | Multifamily | 5 | 2.16x | 16.64% |
| Almeria at Ocotillo | Chandler, AZ | Multifamily | 5 | 2.51x | 20.20% |
| Arlington at Eastern Shore | Spanish Fort, AL | Multifamily | 6 | 1.62x | 8.38% |
| Asheville Exchange | Asheville, NC | Multifamily | 6 | 1.9x | 11.25% |
| Autumn Breeze | Noblesville, IN | Multifamily | 7 | 1.66x | 7.53% |
| Azure | St. Petersburg, FL | Multifamily | 4 | 1.51x | 10.81% |
| Broad River Trace | Columbia, SC | Multifamily | 7 | 1.63x | 7.27% |
| Cambridge at Hickory Hollow | Antioch, TN | Multifamily | 5 | 2.47x | 19.83% |
| Carrington at Brier Creek | Raleigh, NC | Multifamily | 5 | 1.43x | 7.44% |
| Carrington Park | Montgomery, AL | Multifamily | 7 | 1.61x | 7.00% |
| Columns at Wakefield | Raleigh, NC | Multifamily | 6 | 2.03x | 12.54% |
| Enclave at Rivergate | Charlotte, NC | Multifamily | 6 | 2.01x | 12.35% |
| Encore at the Park | Durham, NC | Multifamily | 5 | 1.61x | 10.04% |
| Estates at Crossroads | Duluth, GA | Multifamily | 6 | 3.17x | 21.20% |
| Glen at Alexander | Augusta, GA | Multifamily | 7 | 1.97x | 10.16% |
| Greenwood Reserve | Olathe, KS | Multifamily | 5 | 2.03x | 15.21% |
| Haven at West Melbourne | Brevard, FL | Multifamily | 4 | 2.x | 18.96% |
| Legends at Indian Springs | Louisville, KY | Multifamily | 6 | 2.06x | 12.80% |
| Legends at Wolfchase | Memphis, TN | Multifamily | 7 | 1.86x | 9.24% |
| Lively at Carolina Forest | Myrtle Beach, SC | Multifamily | 4 | 2.14x | 20.97% |
| Lone Oak | Round Rock, TX | Multifamily | 5 | 1.51x | 8.65% |
| Longitude 81 | Estero, FL | Multifamily | 6 | 2.18x | 13.85% |
| Longitude 82 | Sarasota, FL | Multifamily | 4 | 1.82x | 16.07% |
| Luxe | Scottsdale, AZ | Multifamily | 4 | 1.35x | 7.72% |
| Marcus Pointe | Pensacola, FL | Multifamily | 6 | 1.97x | 11.92% |
| Mariner Grove | Savannah, GA | Multifamily | 5 | 2.55x | 20.60% |
| Marisol | Viera, FL | Multifamily | 8 | 2.04x | 9.35% |
| Meadows at Home Place | Prattville, AL | Multifamily | 7 | 1.75x | 8.32% |
| Merritt at Sugarloaf | Duluth, GA | Multifamily | 4 | 2.04x | 19.56% |
| Parkcrest Landings | Bradenton, FL | Multifamily | 7 | 2.04x | 10.70% |
| Pearce at Pavilion | Riverview, FL | Multifamily | 6 | 1.73x | 9.55% |
| Point at Tamaya | Jacksonville, FL | Multifamily | 6 | 1.3x | 4.43% |
| Stonegate | Birmingham, AL | Multifamily | 6 | 1.45x | 6.44% |
| Sundance Creek | McDonough, GA | Multifamily | 6 | 2.01x | 12.33% |
| The Ivy | Orlando, FL | Multifamily | 5 | 1.17x | 3.15% |
| The Lexington | Nashville, TN | Multifamily | 5 | 1.52x | 8.67% |
| The Overlook | Antioch, TN | Multifamily | 5 | 1.56x | 9.29% |
| The Parker | Fairfax County, VA | Multifamily | 5 | 1.36x | 6.32% |
| The Shelby | Alexandria, VA | Multifamily | 5 | 1.26x | 4.70% |
| Twenty25 | Kennesaw, GA | Multifamily | 7 | 3.84x | 21.19% |
| Two Blocks | Dunwoody, GA | Multifamily | 5 | 2.11x | 16.08% |
| Veranda at Norton Commons | Prospect, KY | Multifamily | 6 | 2.27x | 14.64% |
| Vinings at Laurel Creek | Greenville, SC | Multifamily | 7 | 1.97x | 10.15% |
| Voyager at Space Center | Nassau Bay, TX | Multifamily | 4 | 1.31x | 7.06% |
| Vue21 | Colorado Springs, CO | Multifamily | 5 | 1.97x | 14.49% |
| Wakefield Glen | Raleigh, NC | Multifamily | 5 | 1.28x | 4.98% |
For informational purposes only; not an offer to sell or a solicitation of any security. Sponsor track record — including full-cycle deals, average annual return, equity multiple, hold period, and success rate — describes the sponsor's prior programs, is provided by or derived from the sponsor, and is not indicative of the results of any current or future offering. Offerings are made only to verified accredited investors by means of a confidential private placement memorandum. Baker 1031 Investments is independent and sponsor-agnostic.