Passco Companies LLC, a sponsor of 1031 Delaware statutory trusts and other alternative investments, has promoted Adriana Olsen and Andy Wang to senior vice presidents of sales.
“Adriana and Andy have continued to demonstrate their tremendous real estate expertise and continue to excel to new heights in all that they do,” says Belden Brown, executive vice president and national sales manager. “They will be instrumental as we continue to expand our presence in 2018 and will drive our sales team forward.”
In her new role, Olsen is responsible for raising funds for DST 1031 properties and other investment vehicles, as well as overseeing registered representatives throughout the nation.
Prior to joining Passco 15 years ago, she served as a licensed real estate agent with Prudential Real Estate. She holds a bachelor’s degree from the University of Delaware and FINRA Series 7, 22, and 63 licenses.
Wang is responsible for sharing information regarding the company’s DST 1031 products and building relationships with broker-dealers, clients, real estate agents, and other investors. He also serves as a principal for Passco Capital Inc., the firm’s managing broker-dealer.
Prior to joining Passco, Wang gained experience in financial advising and consulting with Wells Fargo and Morgan Stanley. He holds a bachelor’s degree from Baylor University and FINRA Series 7, 24, 31, and 66 licenses.
Both Olsen and Wang are active members of the Alternative & Direct Investment Securities Association.
Passco Companies focuses on the acquisition, development, and management of multifamily and commercial properties throughout the U.S. The company is headquartered in Irvine, California and currently has $2.5 billion in assets under management.