We’re looking to meet new people in the broker/dealer community, somebody who might be interested in PASSCO, knows their clients that may have a 1031 Exchange that they’re doing or somebody who’s looking to add real estate to their portfolio.
San Francisco, CA (PRWEB) May 23, 2013
During the recent FSX Investment Conference held at the Ritz-Carlton in San Francisco, California, Brad McCord, a Registered Marketing Representative for Passco Companies, LLC, granted an exclusive interview available on Passco's Public Profile on Interlinked's IDeal Room.
Specialising in commercial properties, PASSCO are courting new clients with a background in using mutual funds or mixed stock/bond portfolios. Speaking at the FSX Investment Conference in San Francisco, PASSCO emphasised their work with investment partners in real estate development - mostly using joint ventures with operating or capital partners. This approach is supplemented with 1031 exchange acquisitions on behalf of clients. PASSCO are currently developing single-family land entitlements, multi-tenant industrial entitlement and construction, condominium conversion projects, and retail/commercial projects.
Brad McCord spoke exclusively to Interlinked TV, saying that potential investors could be: “Somebody who is looking to invest into real estate, add to their portfolio in order to mitigate risk. Somebody who has had a mutual fund stock/bond asset allocation portfolio, looking to add some real estate to their portfolio in order to receive more income.”
He added: “We have a proven track record of a 5 year holding period on most of our programs. As the economy changes, we anticipate about a 5 to 7 year holding period on most of the programs that we bring out.”
Rounding up, Mr. McCord stated: “We’re looking to meet new people in the broker/dealer community, somebody who might be interested in PASSCO, knows their clients that may have a 1031 Exchange that they’re doing or somebody who’s looking to add real estate to their portfolio.”
To view the complete interview visit Passco's Public Profile on Interlinked's IDeal Room.
Passco provides real estate investment and 1031 Tax Exchange Investments in a broad range of income-producing properties. For more information visit http://www.passco.net.
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