Veronica Grecu
Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica’s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.
$21M Renovation Breaks Ground On Franklin Court
By Veronica Grecu, Associate Editor
A complex renovation project at Philadelphia’s Franklin Court located in the historic Old City neighborhood was announced last week by the National Park Service. Totaling $21 million, the renovations are scheduled to complete in 18 months, […]
Gilbert Asks for 15-Year Extension of Renaissance Zone
By Veronica Grecu, Associate Editor
It’s no news that Quicken Loans founder Dan Gilbert, Detroit’s prominent real estate investor, is in a buying and rehabbing spree. Already the owner or more than five office buildings in the city’s financial district, Gilbert […]
Courtyard by Marriott Hotel to Replace 83-Year Old Building; Charles Schwab Corp. Expands NYC Footprint
By Veronica Grecu, Associate Editor
Marriott International will develop a new 168-room Courtyard by Marriott hotel on the northeast corner of 6th Avenue and 35th Street, near Macy’s and New York’s Penn Station. This will be the hotel chain’s seventh Courtyard-branded […]
Condo Prices Rise Statewide as Volume Slips: Warren Group
By Veronica Grecu, Associate Editor
Condominium sales in the Bay State demonstrated the classic “good news, bad news” syndrome last month. First, the bad news: the total number of units sold in Massachusetts slipped 2.6 percent year-over-year compared to Sept. 2010, […]
New York Hotels are Cheaper to Build than Buy
By Veronica Grecu, Associate Editor
Strange as it might seem, New York’s hospitality industry is heading toward a construction boom similar to pre-recession times. Around 50 new hotels are expected to open by the end of 2013 in the Big Apple, […]
City Landmark to Become First Chicago Virgin Hotel
By Veronica Grecu, Associate Editor
The city of Chicago is about to welcome a new player to the hospitality market. New York-based Virgin Hotels acquired the Old Dearborn Bank Building, located in the Loop at 203 N. Wabash Ave., at the […]
Henry Ford Health System to Develop Senior Housing Facility in Grosse Pointe Farms
By Veronica Grecu, Associate Editor
Grosse Pointe Farms seniors will benefit from a new housing facility that will be developed by a partnership between Henry Ford Health System, American House Senior Living Communities and Southfield-based Real Estate Development and Investment Company […]
Gilbane to Develop Housing Facility, Lab Space for George Mason University
By Veronica Grecu, Associate Editor
George Mason University has chosen Providence, R.I.-based Gilbane Development Co., a division of Gilbane Inc., and Baltimore-based architecture firm Canon Design to design, build, finance and lease two new developments. According to a Gilbane press release, […]
New Housing Complex for D.C. Homeless; Bethesda Property Wins LEED Silver
By Veronica Grecu, Associate Editor
The first of three housing complexes for homeless people planned by the District government was inaugurated last week by Mayor Vincent Gray and other city officials during a ribbon-cutting ceremony. Starting next month, the Mississippi Avenue […]
Prospect Heights Leasing Inventory Grows with New Building; Inkeepers to Exit Bankruptcy
By Veronica Grecu, Associate Editor
A new apartment building is now available for Prospect Heights residents looking for affordable rent. The leasing process began last week and is being handled by Brooklyn-based Aguayo & Huebener Realty Group. According to the Brooklyn […]