Greystone, Passco Forge Alliance Around DST Channel

Greystone and Passco Companies have formed a strategic alliance to provide their respective clients and investors with enhanced benefits surrounding the Delaware Statutory Trust (DST) CRE investment channel, as well as other real estate investment opportunities in the future. 

The Greystone-Passco alliance creates a newly positioned institutional sponsor in the rapidly expanding DST investment sector. Greystone is strengthening its platform into a new market with its minority investment in Passco, which has been an industry leader for more than 20 years. The Greystone-Passco alliance will provide a broader range of acquisition opportunities including post-construction and pre-stabilized properties. 

“Passco’s investment platform has already proven itself a well-oiled engine,” said Greystone CEO Steve Rosenberg. “Together, we are now an unstoppable force that is positioned to grow ten-fold by opening doors of opportunity for investors, guided by the level of care they need and deserve as they consider the DST sector.”

Pictured, from left: Belden Brown, EVP & national sales manager, Passco Companies; Larry Sullivan, president, Passco Companies; Steve Rosenberg, founder & CEO, Greystone; Bill Passo, CEO & founder, Passco Companies; Thomas Jahncke, president, Passco Capital, Inc.