Strawberry Fields OKC developer is below securities investigation

The Strawberry Fields area just west of Scissortail Park, shown in a July 15, 2022, aerial photo, is being developed as a mix of housing, office, retail and entertainment.

Strawberry Fields developer Pat Salama has been banned from promoting securities for six months and ordered to compensate early buyers amid a authorities investigation into actual property dealings between Salama and her firm.

Representatives of the Oklahoma Division of Securities informed The Oklahoman on Monday that an investigation is underway into Salama’s oversight of Strawberry Fields, a proposed growth west of Scissortail Park.

They declined additional remark, however the securities investigation report exhibits Salama used $55,000 in financing from Strawberry Fields buyers on Might 15, 2015, to purchase a property for herself after which bought it to Strawberry Fields on Might 31, 2016, for $412,000. greenback.

The report was included in a lawsuit filed by buyers final week in opposition to Salama. The buyers declare the acquisition of the Salama property at SW 5 and Dewey Avenue was financed by 412 membership models bought at $1,000 every.

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