Passco News

Two Blocks, a Class A, 400-unit midrise multifamily community in the Dunwoody submarket of Atlanta, has traded hands. The sale price: $72 million. Passco Companies acquired the multifamily property. Developed in 2008 by Atlanta-based Pollack Shores Real…

Apartments transactions rose to an all-time record of $150 billion in 2015 and with $72 billion in sales closed in the first half of the year alone, 2016 is on…

Why are so many wealth advisers reticent to move beyond the two-dimensional stock and bond portfolio model and into real assets — specifically real estate? Why is there such widespread…

While John Fitzgibbon has been at Passco for a relatively short period of time, his impact throughout the company can be described in one word: invaluable. Fitzgibbon handles all of…

Connect Apartments brought together more than 500 CRE leaders for an information-packed conference at the JW Marriott in DTLA.  The event featured a one-on-one conversation with Geoff Palmer, as well as a…

Property management isn’t reserved for multifamily properties. It is also crucial to maintaining a successful retail asset, especially as the retail industry moves toward entertainment and experiential centers. At ICSC Western…

Passco Companies’ Ogal Claspell will be speaking at Connect Apartments on September 15 in Los Angeles. Connect Media asked Claspell to assess the state of the the multifamily market in our…

The U.S. apartment market remains the most attractive property type among investors, with sales volume exceeding $32.7 billion in the second quarter of 2016, a 14 percent increase from second-quarter…

Passco Cos. is keeping busy this year, most recently paying $75 million for a 400-unit community located in the growing submarket of Bradenton in the Tampa Bay Area of Florida. The…

1031 exchanges continue to attract interest as a method for deferring taxes on a property transaction. But the strategy can be daunting for the first timer. How does a broker…