Passco Companies Elevates Colin Gillis to Chief Investment Officer Role, Driving New Growth Strategies

Passco Companies Elevates Colin Gillis to CIO

Irvine, California – In a significant leadership move, Passco Companies, a prominent real estate investment firm known for its specialization in Class A multifamily properties, has announced the promotion of Colin Gillis to the role of Chief Investment Officer (CIO). This exciting development marks a pivotal moment for the company, leveraging Colin's extensive experience and visionary approach to enhance Passco’s strategic initiatives.

A Decade of Leadership and Growth

Colin Gillis has been with Passco since 2015, during which he has played an essential role in shaping the company's acquisitions strategy. Thanks to his leadership, the company's portfolio has successfully expanded to encompass over $3.9 billion in assets under management (AUM). As he steps into this new role, Colin will continue to navigate the multifamily investment landscape, focusing on identifying and capitalizing on emerging opportunities.

Larry Sullivan, President of Passco Companies, emphasized Colin's integral role in the company's success over the past ten years. He stated, "Colin's leadership and vision have been vital to Passco's success over the past decade. His deep understanding of the multifamily market and proven track record in sourcing and managing acquisitions make him the ideal leader to take our investment operations to the next level."

Industry Expertise and Previous Experience

Before joining Passco, Colin honed his skills as a Senior Acquisitions Associate in the Atlanta office of JRK Investors, based in Los Angeles. He also served as a Senior Acquisitions Associate at The Lane Company in Atlanta. In both capacities, he was responsible for sourcing acquisitions across the Southeast U.S., laying the groundwork for his reputation as an expert in identifying lucrative opportunities in competitive markets.

Colin holds a Master's degree in Business Administration with a concentration in Finance from Kennesaw State University in Kennesaw, Georgia, and a Bachelor of Arts degree in Business Administration and Economics from Oglethorpe University in Atlanta, Georgia. He is also a recognized member of the National Multifamily Housing Council (NMHC), where he contributes to significant industry initiatives and leadership discussions.

Vision for the Future

Expressing his excitement about the new role, Colin stated, "I am honored to take on this new responsibility and continue building on Passco's strong foundation. The multifamily sector is evolving rapidly, and I'm thrilled to lead our efforts in navigating these changes and seeking strategic opportunities that will ultimately deliver substantial value for our investors."

Founded in 1998, Passco Companies has established itself as a premier player in the real estate investment sector, primarily focusing on Class A multifamily properties. With a presence in over 20 states and an impressive portfolio exceeding $3.9 billion in assets under management, Passco continues to explore growth opportunities in both primary and secondary markets across the United States.

For more information about Passco Companies and their investment strategies, visit Passco's website.