ST. LOUIS, MO. — Passco Cos. has acquired Cortona at Forest Park, a 278-unit complex in St. Louis, from Invesco Real Estate for an undisclosed price. Kevin Girard, Mark Stern and Zach Kaufman of JLL Capital Markets brokered the deal. Caleb Marten of KeyBank Real Estate Capital’s Commercial Mortgage Group negotiated acquisition financing on behalf of the buyer.
Cortona at Forest Park was constructed in 2014 and is located at 5800 Highlands Plaza Drive. The property is comprised of one residential building on a 4.8-acre site. Units come in studio, one- and two-bedroom floor plans. Amenities include a three-tiered courtyard pool with cabanas, a fitness center that offers on-site fitness classes, a dog park and a pet spa.