Passco Legacy DST is a real estate fund based in Irvine, California. According to its most recent Form D, filed Mar 10, 2020, it has sold $33,450,000 of interests to 124 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Larry Sullivan; William Passo; Belden Brown.
- Total raised
- $33,450,000Cumulative sales reported on Form D
- Investors
- 124
- First sale
- Jul 12, 2019
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Larry Sullivan; William Passo; Belden Brown
- Latest Form D
- Mar 10, 2020
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Passco Legacy DST
What is the minimum investment for Passco Legacy DST?
According to its latest Form D, filed Mar 10, 2020, the minimum investment Passco Legacy DST accepts from an outside investor is $25,000.
Who can invest in Passco Legacy DST?
Passco Legacy DST is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Passco Legacy DST raised?
Passco Legacy DST reports $33,450,000 sold from 124 investors on its Form D filed Mar 10, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Passco Legacy DST based?
Passco Legacy DST is based in Irvine, California.
When did Passco Legacy DST launch?
Passco Legacy DST reports its first sale in Jul 2019.
Size compared with every real estate fund
Raised more than 91% of the 1,095 real estate funds based in California, and more than 92% of all 7,349 that report sales.