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Lennar, Related Break Ground on Hudson Valley Mixed-Use

New York & Tri-State + Apartment Buildings

Lennar and Related Companies have broken ground on Tuxedo Reserve, a new community in New York’s Hudson Valley. The community will bring new single-family homes and townhomes built by Lennar, alongside a brand-new town center, The Village at Tuxedo Reserve, developed by Related Companies that will offer shopping, dining, year-round curated events and essential conveniences for residents...

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Work Wraps on Second Phase of Conrad and Chandler Conversion

Boston & New England + Apartment Buildings

Nauset Construction recently completed the second phase of converting the Conrad and Chandler department store in Boston’s Downtown Crossing into The Conrad, a mixed-use redevelopment featuring 36 luxury apartments and 7,000 square feet of prime retail space. Located on Winter Street, the building also offers residents a private entrance on Hamilton Place adjacent to the landmark...

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Cook Closed on 64 Transactions Spanning 3.7MSF in 2024

Canada + Apartment Buildings

(Colliers Vice-Chairman Gord Cook is the recipient of a 2025 Canadian Top Broker Award presented by Connect CRE Canada. This profile explains how Gardner has stood out among his peers.) By Amy Wolff Sorter Gord Cook is Colliers’ Vice Chairman; he specializes in industrial leasing and investments, multifamily investments and infill redevelopments. During 2024, Cook...

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Long-delayed Summerside Resort Gets Green Light

Canada + Apartment Buildings

A long-stalled resort development in Summerside, P.E.I., has received the green light from city council to proceed, CBC reported. The approval comes after two decades of setbacks. Developer Sean Liu applied to invest an additional $80 million into completing the Ocean View Resort project, which includes a 96-room hotel, a redeveloped 27-hole golf course, and...

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BoC Holds Key Interest Rate at 2.75% Again

Canada + Apartment Buildings

The Bank of Canada kept its key overnight lending rate at 2.75% again Wednesday. This marks the second straight hold after the central bank’s rate-cutting streak of seven consecutive reductions ended in April amid the trade war with the U.S. that is wreaking havoc on Canadian monetary policy. In recent months, the BoC has adopted...

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Keystone Group Adds 57 Apartments to Indianapolis Office Conversion

Chicago & Midwest + Apartment Buildings

Keystone Group’s transformation of central Indiana’s first office-tower-to-luxury-apartment conversion continues as the addition of 57 new luxury apartments officially begins at the 220 Meridian Tower. Scheduled for completion in summer 2026, the additional luxury apartments will range from studios to two-bedroom apartments, offering unobstructed views of Indianapolis’ Monument Circle and skyline. Ersal Ozdemir, founder and...

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Seattle Apartments Fetch $17M-Plus in First Time on Market

Seattle & Northwest + Apartment Buildings

Marcus & Millichap closed the sale of The Saint Theodore on Roosevelt, a 47-unit apartment property located in Seattle. The sale price was $17,475,000. Jake Morse, Ryan Dinius, and Sidney Warsinske, investment specialists in Marcus & Millichap’s Seattle office, marketed the property on behalf of the seller, a limited liability company.  The buyer, a limited...

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New Braunfels Developer Duo Building Condos, Office, Retail

Texas + Apartment Buildings

Seals Family Properties and New Braunfels-based Gillum Development are expected to break ground on The Neue, a mixed-use project that will feature 46 condominium units, office space, and retail space. Construction is anticipated to begin in early 2026. The 72,000-square-foot project, which is estimated to cost about $20 million, will be located at 699 W....

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