A family business story that's particularly close to home

My son, Eric Edelman, and his partners have just reached an important milestone in the redevelopment of a historic office building in downtown Stamford, Connecticut.

Originally built in 1925, the building has been transformed into 41 modern apartments while preserving much of its original architectural character. The new Valeur Lofts has just begun leasing.

What makes the project especially interesting to me is the partnership behind it. Eric worked alongside his father-in-law, his brother-in-law, and a father-and-son team from another family with whom they have longstanding ties.

My wife and I also invested in the project, so we've had a personal stake in watching it come together.

I spend much of my professional life working with family enterprises, and I've particularly enjoyed watching this collaboration take shape.

And, of course, as Eric's father, I'm proud of what he and his partners have accomplished.

It's gratifying to see a century-old building given a new life.

Here's a look at the redevelopment, including photographs of the restored building and its new apartments: Read about Valeur Lofts