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.
Local Investors Help Suburban Condo Market Rise Again
By Veronica Grecu, Associate Editor
Despite the rather gloomy condo market, Greg Moyer of Skokie-based Moyer Properties LLC teamed up with local investors David Nankin and Jeffrey Annenberg to acquire a 154-unit Buffalo Grove condominium project for nearly $12 million, reports […]
Kensington Breaks Ground on $172M Apartment Tower; High-End Home Sales Up 13%
By Veronica Grecu, Associate Editor
Over six months after receiving the green light from city officials, construction on a new residential building finally began last week at the corner of Washington and LaGrange streets, reports the The Boston Herald. The $172 […]
New Life for the Clawson Theater Building; Cleveland-based Developer Sets Eyes on Three Capitol Park Buildings
By Veronica Grecu, Associate Editor
A long-vacant movie house in downtown Clawson was recently purchased by Mary Liz Curtin and her husband Stephen Scannell, who co-own Leon & Lulu, a Detroit-area retailer of home furnishings and lifestyle merchandise located next door. […]
Chicago High-End Condo Market Still Sluggish
By Veronica Grecu, Associate Editor
According to ChicagoRealEstateDaily.com, the city’s high-end condo market is far from healthy; only three condo units changed hands for more than $3 million in the past month. From a broader point of view, the number of […]
Liberty Property Trust Brings New Marriot Hotel to Navy Yard
By Veronica Grecu, Associate Editor
The Philadelphia Inquirer reports that real estate investment trust Liberty Property Trust is close to completing the financing for a new Marriot hotel that would be located in the city’s Navy Yard complex. The announcement is […]
Quicken Loans Employee Relocation Makes Detroit Reconsider Its Housing Options
By Veronica Grecu, Associate Editor
Detroit’s former Trolley Plaza apartment building, located at 1431 Washington Boulevard, has been rebranded as Detroit City Apartments, according to the Detroit Free Press. Opened in 1981, the Trolley Plaza building was later renamed as Washington […]
Google Joins Backers of $152M Charlesview Relocation
By Veronica Grecu, Associate Editor
Ever wondered about the link between internet technology and affordable housing? At the moment, the answer is “Google Inc.” The Mountain View, Calif.-based giant has decided to invest $28 million in an innovative $152 milliion affordable housing project in Allston., […]
New Tech Center for Chicago Startups; LifeStorage Expands Portfolio
By Veronica Grecu, Associate Editor
The Chicago Tribune reports that a new center for technology start-ups could be opened next year by local business leader, venture capitalist and philanthropist J.B. Pritzker, who has teamed up with various investors such as Troy […]
Detroit’s Riverfront Towers Rescued?
By Veronica Grecu, Associate Editor
One week after the Federal National Mortgage Association—better known as Fannie Mae—sued the Riverfront Towers’ owners over an alleged $70 million debt on the loan, plus fees, US District Judge Avern Cohn appointed Ronald Glass of […]
Historic Mill Site Gets Multi-Family Makeover in Melrose
By Veronica Grecu, Associate Editor
The transformation of an historic mill building into an apartment complex is under way in Melrose, Mass. Wood Partners is redeveloping the 129-year-old Boston Rubber Shoe Co. factory site into a 300-unit multi-family property.
As the Boston Globe […]