Real Estate Co. Buys Famed Houston Buildings In Fire Sale

Law360, New York (July 18, 2012, 7:55 PM EDT) -- Commercial real estate firm Cameron Management on Friday became the new owner — for a second time — of two historic buildings located in downtown Houston after scooping up the properties, which had been threatened by foreclosure, from The Seligman Group.

Terms of the deal were not disclosed, and representatives for Cameron declined to comment Wednesday. However, the Harris County Appraisal District assessed the value of the Esperson Buildings and an attached seven-story parking garage at about $45 million this year.

Real property records also show...
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