Investment Overview

About Passco DST Investments

Passco-sponsored Delaware Statutory Trust investments are typically structured for investors seeking fractional ownership of institutional real estate through a 1031 exchange or other private real estate investment strategy. These offerings may include multifamily communities, commercial properties, or other income-producing real estate assets held within a DST structure.

While DST investments may offer access to professionally managed real estate and potential income distributions, they are generally designed as long-term, illiquid investments. Passco DST investors who need liquidity before a sponsor-directed sale, refinance, or full-cycle event may have limited exit options.

Alternative Investment Liquidity helps investors evaluate potential liquidity alternatives for Passco DST interests, including secondary market interest, transferability, valuation considerations, and documentation requirements.

Investment Snapshot

Passco DST Investments
At A Glance

DST Liquidity

Can You Sell
Passco DST Investment?

Passco DST interests are private, non-exchange-traded securities. Unlike publicly traded real estate investments, DST interests generally cannot be sold instantly through a public market. Any potential sale or transfer is usually subject to the governing DST documents, sponsor requirements, transfer restrictions, and availability of a qualified buyer.

In some cases, investors may be able to pursue a secondary market transaction if there is sufficient demand for the specific DST interest. The potential value of a Passco DST position may depend on the property, current income, loan structure, remaining hold period, market conditions, and buyer appetite.

AIL reviews each Passco DST position individually to determine whether a potential liquidity option may be available.

Evaluation Criteria

How Passco DST
Interests Are Reviewed

Because each DST program is different, liquidity is evaluated on a position-by-position basis. Important review factors may include:

• Specific Passco DST program name
• Original investment amount and current ownership interest
• Recent distribution history
• Property type, location, and operating performance
• Debt terms and maturity profile
• Estimated remaining hold period
• Transfer restrictions in the DST documents
• Current secondary market demand

These factors help determine whether a secondary transaction may be feasible and what type of pricing range may be reasonable under current market conditions.

Investor Considerations

Why Investors Explore
Passco DST Liquidity

Investors may seek liquidity from a Passco DST investment for many reasons. Some investors need access to capital for personal, estate, tax, or planning reasons. Others may want to reduce exposure to a specific property type, sponsor, loan maturity, or real estate market.

Selling a DST interest before a sponsor-led exit may involve tradeoffs. Secondary market pricing can be different from original purchase price, reported value, or projected future sale value. Investors should carefully compare the benefit of immediate liquidity against the possibility of future sponsor-directed outcomes.

How AIL Helps

Review Your Passco
DST Liquidity Options

Alternative Investment Liquidity works with investors who own illiquid alternative investments, including DST interests, non-traded REITs, LP interests, and other private real estate securities.

If you own a Passco DST investment, our team can review your position, evaluate available documentation, assess current secondary market interest, and help you understand whether a potential sale or transfer may be available.