LandAm Sub Buys CRE Valuation Company

LandAmerica Financial Group Inc., Richmond, Va., has announced the acquisition by its LandAmerica Valuation Corp. subsidiary of Butler Burgher Inc., a Dallas-based commercial real estate valuation company.The terms of the transaction were not disclosed. LandAmerica said the acquisition is the latest move in LVC's targeted growth strategy, giving it greater geographic coverage and "significant customer relationships in new market niches." Butler Burgher, which has offices in Dallas and Austin, Texas, has "significant expertise" in affordable housing and Low Income Housing Tax Credit properties, LandAmerica said. LandAmerica can be found on the Web at http://www.landam.com.