Tag Archives: ORU

Oral Roberts University Compound Sold…

Compound of late Okla. evangelist, son sold

Associated Press 
Published: July 1, 2010

TULSA, Okla. (AP) — Oral Roberts University President Mark Rutland says the sale of a 9-acre presidential compound where the late evangelist Oral Roberts and his son, Richard, once lived is another milestone for the school.

Investors Roger and Brian Broach purchased the compound and its six houses adjacent to the campus for $1.55 million. Brian Broach said Thursday they plan to lease the homes until the Tulsa housing market improves.

Rutland, who is the first school president who wasn’t a member of the Roberts family, says he’s excited about the university’s future.

Oral Roberts founded the school in 1963 and was president until Richard Roberts took over in 1993.

Richard Roberts resigned in 2007.

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Information from: Tulsa World, http://www.tulsaworld.com

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