President’s Legal Residence Sold
<i> Associated Press</i>
HOUSTON — Redstone Hotel Inc. has completed its $33.5-million purchase of the Houstonian Hotel, allowing the previous owner of President Bush’s Houston address to emerge from bankruptcy.
Dallas-based Redstone bought the 12-year-old hotel from Houstonian Properties Ltd., which last February filed for reorganization under Chapter 11 of federal bankruptcy laws.
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