Passco is a real estate investment firm that is engaged in the acquisition, development and management of commercial properties. Read more

69 Followers on Owler
69 Followers on Owler
69 Followers on Owler
69 Followers on Owler

Passco is a real estate investment firm that is engaged in the acquisition, development and management of commercial properties. Read more

William O. Passo's photo - Founder & CEO of Passco

Founder & CEO

William O. Passo

CEO Approval Rating

77/100

Founded:

1998

Status:

Investment CompanyIndependent Company

TOP COMPETITORS OR ALTERNATIVES

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Missing a competitor? Contribute!

Hampshire is seen as one of Passco's top competitors. Hampshire was founded in Morristown, New Jersey} in 1976. Hampshire is in the Real Estate Development & Operations industry. Compared to Passco, Hampshire generates $943.3M less revenue.

Rebosis is Passco's #2 competitor. Rebosis was founded in 2010, and its headquarters is in Bryanston, Gauteng. Rebosis is in the Asset & Investment Management field. Rebosis has 70 fewer employees than Passco.

Cortland Partners, LLC is Passco's #3 rival. Cortland Partners, LLC is headquartered in Atlanta, Georgia, and was founded in 1994. Like Passco, Cortland Partners, LLC also competes in the Real Estate Investment Trusts (REITs) industry. Cortland Partners, LLC generates 26% the revenue of Passco.

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Growth Score - 1/1

Is 120 a good estimate for Passco's Employee count?

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Dec 2020

Source »
undisclosed
-
The Reserve at Nocatee Apartments

Mar 2020

Source »
$54.9M
The Reserve At Nocatee is a property management company that sells apartments for individuals and families.
The Atworth at Mellody Farm

Jan 2020

Source »
undisclosed
-

These are all the companies that Passco has acquired. Passco has acquired 3 companies and its latest acquisition was in Dec 2020.

Passco Funding History

$12M$44.1M$45.1M

Since Passco was founded in 1998, it has participated in 3 rounds of funding. In total Passco has raised $45.1M. Passco's last funding round was on Apr 2020 for a total of $1.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$1M - $2M

U.S. Small Business Administration.

Equity
Oct 2016
$32.1M
-
Equity
Sep 2007
$12M
-

Since Passco was founded in 1998, it has participated in 3 rounds of funding. In total Passco has raised $45.1M. Passco's last funding round was on Apr 2020 for a total of $1.0M

Investments

No recent investments found related to Passco

These are all the companies that Passco has invested in. Passco has invested 3 companies and its latest investment was in Dec 2020.

Passco News

November 9, 2020The Business Journals: Birmingham Business Journal

Birmingham developer's project sells for $76M

The garden-style development wrapped up construction in 2019.... See more »
October 1, 2020Connect Media

Passco Acquires 200-Unit MF Community in Northern Virginia

Privately held California-based commercial real estate company Passco Cos. has acquired The Preserve ... See more »
September 17, 2020Connect Media

Passco Acquires South Carolina MF Community for $78M

California-based commercial real estate company Passco has acquired One Hampton Lake, a 330-unit mult... See more »
February 28, 2020REBusinessOnline

Partnership Breaks Ground on 158,886 SF Spec Industrial Building in Upstate South Carolina

PIEDMONT, S.C. - A partnership between Atlanta-based TPA Group, Greenville-based Appian Investments a... See more »
January 3, 2020REBusinessOnline

Passco Sells Silver City Plaza Retail Center on Las Vegas Strip for $59.2M

LAS VEGAS - California-based Passco Cos. has completed the disposition of Silver City Plaza, a retail... See more »
January 3, 2020REBusinessOnline

Passco Acquires 260-Unit Multifamily Community in Vernon Hills, Illinois

VERNON HILLS, ILL. - Passco Cos. has acquired The Atworth at Mellody Farm in Vernon Hills, a northern... See more »
December 20, 2019GLOBEST

Atlanta Multifamily Trades for $107M

Passco is drawn to Atlanta because of its numerous demand drivers, booming employment growth, and a g... See more »

Passco Videos

July 8, 2019Passco Vimeo Channel

"Avenida Germantown 1 - Camera 2" on VIMEO

Cast: Passco Companies, LLC... See more »
July 8, 2019Passco Vimeo Channel

"Avenida Germantown Site Time-lapse" on VIMEO

Cast: Passco Companies, LLC... See more »
March 8, 2019Passco Vimeo Channel

"The Lively at Carolina Forest" on VIMEO

Cast: Passco Companies, LLC... See more »
February 11, 2019Passco Vimeo Channel

"Asheville Exchange" on VIMEO

Cast: Passco Companies, LLC... See more »
October 1, 2018Passco Vimeo Channel

"The District Lofts" on VIMEO

This does not constitute an offer and is authorized for use only when accompanied or preceded by a de... See more »
March 27, 2018Passco Vimeo Channel

"Passco Celebrates 20 Years" on VIMEO

Cast: Passco Companies, LLC... See more »
March 22, 2018Passco Vimeo Channel

"What do Passco and Google have in common?" on VIMEO

Cast: Passco Companies, LLC... See more »

Social Media

Headquarters

2050 Main Street Suite 650

Irvine, California92614

1-949-442-1000

Driving Directions »

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Summary

ABOUT

Overview

Passco is a real estate investment firm that is engaged in the acquisition, development and management of commercial properties. Passco was founded in 1998. Passco's headquarters is located in Irvine, California, USA 92614. It has raised 45.1M in 3 ro...

CEO

Passco's Founder & CEO, William O. Passo, currently has an approval rating of 77%. Passco's primary competitors are Hampshire, Rebosis & Cortland Partners, LLC.

Website

passco.com

Frequently Asked Questions about Passco

  1. When was Passco founded?

    Passco was founded in 1998
  2. Who is Passco's CEO?

    Passco's CEO is William O. Passo
  3. How much revenue does Passco generate?

    Passco generates $980.7M in revenue
  4. How much funding does Passco have?

    Passco has historically raised $45.1M in funding
  1. Where is Passco's headquarters?

    Passco's headquarters is in Irvine California, USA
  2. How many employees does Passco have?

    Passco has 120 employees
  3. What sector does Passco operate in?

    Passco is in Real Estate Investment Trusts (REITs)
  4. Who are Passco's competitors?

    Passco's top competitors are Hampshire, Rebosis, Cortland Partners, LLC