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Oklahoma real estate notes for Aug. 2

Oklahoma real estate notes for Aug. 2, 2014.
Oklahoman Published: August 2, 2014

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Westbury buildings go in auction

Ramesh Patel bought the 12,700-square-foot former Westbury Country Club clubhouse, 2,600-square-foot pool house, 3,300-square-foot metal building, 6,400-square-foot cart storage building and 12 acres with a successful bid of $275,000 at a court-ordered auction Thursday by Dakil Auctioneers.

Patel declined to comment but said through auctioneer Louis Dakil that he bought the property as an investment.

The rest of the former country club property, 157 acres southwest of SW 15 and Morgan Road, was sold in November to local investors for $1.335 million; the former golf course to housing.

BancFirst VP joins Habitat board

Central Oklahoma Habitat for Humanity has added Patrick Lippmann, senior vice president at BancFirst, to its board of directors. Lippmann, a native Oklahoman, has been with BancFirst since 2001 developing accounts and lending with commercial real estate developers. He has more than 35 years in commercial property lending and special asset management.

Lippmann also is a member of the BancFirst Acquisition Deployment Team, responsible for valuation of loan portfolios of acquired institutions. He serves on several nonprofit boards, including chairman of the Friends of Scouting for Last Frontier Council, Boy Scouts of America, and as an executive board member of the Central and Western Chapter of the American Red Cross.

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