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Chicago & Midwest  + Midwest  + Apartments  |  October 20, 2023
Jasmine Kilman
By: Jasmine Kilman

Cushman & Wakefield Arranges Sale of Oklahoma MF Community

Cushman & Wakefield has arranged the sale of Legend Park, a 360-unit multifamily community in Lawton, Oklahoma. Martin Bynum, Craig Hey, and Stephen Pestinger of Cushman & Wakefield represented an undisclosed seller in the transaction. The multifamily community was acquired by 3501 Gore BLVD and 3501 Gore BLVD II.

“Legend Park arrived to the market as the premier property in the area and carried with it attractive and assumable in-place debt. These two factors, along with a proven value-add strategy, attracted national buyer interest to a tertiary market like Lawton,” said Bynum, director at Cushman & Wakefield.

Built in 2012, Legend Park is near major thoroughfares, top retailers, and outdoor recreation. The multifamily community is also in proximity to Lawton’s largest employers, including the Fort Sill Army base. “We’re excited to leverage our multi-state team and HUD loan experience to generate the largest tertiary Oklahoma sale,” added Hey, vice chair at Cushman & Wakefield.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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