Passco Preserve DST is a real estate fund based in Irvine, California. According to its most recent Form D, filed Feb 24, 2021, it has sold $30,375,000 of interests to 91 investors since its first sale in Oct 2020. 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
- $30,375,000Cumulative sales reported on Form D
- Investors
- 91
- First sale
- Oct 28, 2020
- 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
- Feb 24, 2021
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 Preserve DST
What is the minimum investment for Passco Preserve DST?
According to its latest Form D, filed Feb 24, 2021, the minimum investment Passco Preserve DST accepts from an outside investor is $25,000.
Who can invest in Passco Preserve DST?
Passco Preserve 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 Preserve DST raised?
Passco Preserve DST reports $30,375,000 sold from 91 investors on its Form D filed Feb 24, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Passco Preserve DST based?
Passco Preserve DST is based in Irvine, California.
When did Passco Preserve DST launch?
Passco Preserve DST reports its first sale in Oct 2020.
Size compared with every real estate fund
Raised more than 91% of the 1,090 real estate funds based in California, and more than 91% of all 7,321 that report sales.