Passco Companies Forms Joint Venture with Insite Investment Realty to Acquire 270-Unit Multifamily Community in Tempe for $25 Million

Passco InSite, LLC, a joint venture between Passco Companies, LLC and InSite Investment Realty, has acquired the 270-unit Class B garden-style multifamily community Ovation at Tempe for $25.85 million. According to Bill Passo, CEO and Founder of Passco Companies, this new joint venture is an extension of a 20-year relationship with long-standing track record, market…