Passco Companies Expands Operations with New Office in Austin, TX and Addition of Key Industry Player Shelli Cusak

Shelli Cusack

AUSTIN, TX, (April 20, 2015) – Passco Companies, LLC, a nationally recognized market leader in the acquisition, development, and management of multi-family and commercial properties throughout the U.S., has announced the opening of a new office in Austin, Texas, and the addition of industry veteran Shelli Cusack as Director of Asset Management. 

 “As a national firm, we are actively investing in growth markets throughout the U.S.,” explained Jeff Olshan, Vice President of Asset Management at Passco Companies.  “Passco’s new presence in Austin will deepen our roots in the Southwest, providing our investors with additional expertise in this dynamic investment region.”

According to Olshan, the addition of Cusack is another strategic action that will also strengthen the firm’s core expertise on behalf of its partners and investors.

“Shelli’s leadership in the industry was confirmed when she developed a proprietary Audit and Assessment Program utilized by institutional clients such as General Electric, Trammel Crow’s Crow Holdings, and Passco Companies,” Olshan said.  

“By hiring her to work as a member of our firm, we will further streamline our acquisitions and due diligence processes.  She will also be integral in Passco’s ongoing research and analysis,” Olshan noted.

Jeff Olshan

Cusack will oversee the company’s Austin office, and will also be responsible for a portion of Passco’s multifamily portfolio encompassing more than 3,000 units in North Carolina, South Carolina, and Georgia. 

Within her 20 years of experience, Cusack has been responsible for the management of more than $1 billion in real estate assets. 

Her prior positions include increasingly senior management roles overseeing multifamily portfolios throughout the nation on behalf of Greystar Real Estate Partners, Alliance Residential, Pinnacle, and Aspen Heights.

Passco Companies’ new Austin office is located at 7000 N. Mopac Expressway, Suite 200, in Austin, Texas.

For a complete copy of the company’s news release, please contact:

 Corynne Randel / Jenn Quader

Brower, Miller & Cole

(949) 955-7940

CRandel@browermillercole.com