Arch acquired the home in the Southwest on Oct. 15 from Secretary Of Housing and Urban Development. It is valued at $57,020.
Feferman is a lawyer with his own firm and currently serves on the board of directors of the Corpus Christi Symphony and is also the vice chairman of the board of directors of the Corpus Christi International Airport.
He was a captain in the U.S. Army.
He holds a bachelor's degree in economics from the University of Pennsylvania Wharton School of Finance and received his J.D. from Harvard Law School.
According to BlockShopper.com, there have been 2,884 home sales in Southwest during the past 12 months, with a median sales price of $117,950.
Address: 8713 Seven Seas Drive
Buyer(s): Donald M Feferman
Seller(s): Michael Arch
Sale date: Oct. 26, 2010