Passco Grand Prairie DST
Raised
Pre-open
Investors
—
Min Invest
$25,000
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AltStreet Analysis
·Generated from EDGAR primary sources
Passco Grand Prairie DST is a Delaware statutory trust formed to hold a single real estate asset, sponsored by Passco Companies, LLC through its Passco Grand Prairie Depositor and Manager affiliates. The offering is equity securities sold under Rule 506(b) with a $25,000 minimum investment; as a newly filed Form D, the offering is pre-open with no capital raised, investor count, or first sale date yet disclosed. No parent platform or related sibling entities are currently matched in the database.
This filing fits the common pattern for single-property Delaware Statutory Trust (DST) offerings used for 1031 exchange real estate investment, typically sold privately under Rule 506(b) to accredited investors without general solicitation. A $25,000 minimum is on the lower end for this category, where DST minimums often range from $50,000 to $100,000.
Data Flags
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
In the Terminal
Filing events
1
latest Oct 30, 2026
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
pre_sale
Latest event New filer · Oct 30, 2026
SEC.govInvestor
- 1 filing event with values and deltas, latest 2026-10-30, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Larry Sullivan
Executive Officer · IRVINE, CA
Eileen Passo
Executive Officer · IRVINE, CA
Belden Brown
Executive Officer · IRVINE, CA
Thomas Jahncke
Executive Officer · Irvine, CA
[none] Passco Companies, LLC
Promoter · Irvine, CA
[none] Passco Grand Prairie Depositor, LLC
Promoter · Irvine, CA
[none] Passco Grand Prairie Manager, LLC
Promoter · Irvine, CA
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Passco Capital, Inc.CRD 117323 on BrokerCheck
Associated broker-dealer: None · IRVINE, CA · Soliciting in all states
Questions About Passco Grand Prairie DST
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Passco Grand Prairie DST?
Passco Grand Prairie DST is a Delaware entity organized in 2026 that filed a Form D with the SEC on October 30, 2026 in the Residential industry group. The filing claims Rule 506(b) for an offering of equity.
Is Passco Grand Prairie DST legit?
AltStreet does not rate legitimacy; it reports the public record. Passco Grand Prairie DST filed a Form D with the SEC on October 30, 2026 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. No sales had been reported as of that notice. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Passco Grand Prairie DST registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Passco Grand Prairie DST claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Passco Grand Prairie DST raised?
Passco Grand Prairie DST reported that the first sale had not yet occurred as of the Form D filed October 30, 2026, so no amount sold or investor count is on file. The total offering amount is $33,875,000.
Who can invest in Passco Grand Prairie DST?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $25,000.
What is the minimum investment in Passco Grand Prairie DST?
The Form D lists $25,000 as the minimum investment accepted from any outside investor as of October 30, 2026. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Passco Grand Prairie DST and how are they paid?
The Form D names Passco Capital, Inc. (CRD 117323), associated with None as the recipient of sales compensation soliciting in all states. Sales commissions are reported as $2,591,438 and finders' fees as $0. Form D allows these to be estimates. The issuer reports $6,360,987 of gross proceeds used or proposed to be used for payments to related persons.
Who is behind Passco Grand Prairie DST?
The Form D lists 7 related persons: Larry K. Sullivan, executive officer (President of the Sole Member of the Issuer's Manager); Eileen R. Passo, executive officer; Belden Brown, executive officer; Thomas B. Jahncke, executive officer; [none] Passco Companies, LLC, promoter; [none] Passco Grand Prairie Depositor, LLC, promoter; [none] Passco Grand Prairie Manager, LLC, promoter. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Passco Grand Prairie DST located?
The issuer's address on its SEC filings is 2050 Main Street, Suite 650, Irvine, CA 92614. Its phone number of record is 9494421000. It is organized under the laws of Delaware.
How long is the Passco Grand Prairie DST offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
What is Passco Grand Prairie DST's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.