Cortona at Forest Park
Multifamily property in Saint Louis, MO — sponsored by Passco Companies
Files with the SEC as Passco Cortona DST
Minimum investment
$25k
Offering size
$41.6M
How much has sold
None sold yet
Asset type
Multifamily property
Location
Saint Louis, MO
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Cortona at Forest Park combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (4)Hide sources (4)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Saint Louis, MO
- Property size
- 278 units
How did it end?
No sale or other ending on record
The Passco Cortona DST holds Cortona at Forest Park (278 units, St. Louis, MO), acquired December 7, 2023 with a $33.7M KeyBank Fannie Mae loan; JRW Investments' Passco sponsor table lists Cortona as Active (not yet Full Cycle) with projected 4.36% annual cash flow as of 2026.
278-unit Class A multifamily community built in 2014 in the Forest Park neighborhood of St. Louis, MO. Acquired by Passco in late 2023 and held in the Passco Cortona DST.
278 unitsSupporting evidence
How is it financed, and what does it pay?
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Who's behind it?
- Sponsor
- Passco Companies
- Legal Trust name
- Passco Cortona DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 4 active / 31 total offerings from Passco Companies
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to Cortona at Forest Park?
Top1031 lists Cortona at Forest Park as historical. It is no longer raising money.
Where does Top1031 get the data for Cortona at Forest Park?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 8Passco Buys 278-Unit St. Louis CommunityCoverage confirming the 278-unit acquisition and $4B AUM milestone. Passco Companies Acquires Cortona at Forest Park, Amplifying St. Louis's Multifamily Real Estate OpportunitiesCoverage of Passco's acquisition of Cortona at Forest Park, a 278-unit community near Forest Park in St. Louis. Passco surpasses $4 Billion AUM, $250M in the Midwest with the Acquisition of Cortona at Forest Park in St. Louis, MOPassco announces acquisition of Cortona at Forest Park, a 278-unit Class A community in St. Louis, MO, funded by a Fannie Mae loan.