Remembering Bill Passo

Bill was more than Passco’s founder—he was its heart. He built the company with vision, courage, and an unwavering belief in people, often saying that one of the greatest measures of success was making life better for those who worked alongside him. He lived that belief every day, creating opportunity, rewarding loyalty, and inspiring others to think bigger and live with purpose.

A pioneer in real estate, Bill was renowned for his innovation and judgment, helping advance the fractionalized 1031 ownership structure and open new pathways for investors. He had a remarkable ability to see around corners—recognizing change before it became obvious and adapting with confidence. Those who knew him best will remember his character: gracious, generous, and determined. He lived every day fully. A true American Gentleman.

During a career spanning nearly four decades, Mr. Passo directed the formation of more than 200 private and public limited liability companies and limited partnerships. He directed the acquisition, entitlement, management, leasing, and/or disposition of over 250 retail, office, multifamily, and land properties, raising more than $1 billion in investor funds.

Mr. Passo held a Juris Doctorate from the University of California, Los Angeles (UCLA) and a Bachelor of Arts with honors from California State University, Long Beach. He practiced law from 1967 to 1985, specializing in real estate syndications and related tax and securities matters.

Mr. Passo was a member of FINRA beginning in 1998 and a licensed California Real Estate Broker since 1974. He was a former Director of Catholic Charities Retirement Homes and one of the founders of the Orange County Performing Arts Center.