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.
Historic Landmark Turns Into New Hotel; Doylestown Inn For Sale Now
By Veronica Grecu, Associate Editor
The historic Warner Theater located at 120 N. High Street in downtown West Chester is undergoing a complex renovation and is set to become the borough’s first hotel in decades, informs the Daily Local News. The construction […]
D.C. Students Resume Classes in State-of-the-Art High School Building
By Veronica Grecu, Associate Editor
A new high-tech, green high school is ready to welcome more than 800 students next week, when classes resume. H.D. Woodson Senior High School has just been inaugurated during an official ceremony held at 5500 Eads […]
Investors Plan Class A Office on Greyhound Site, Turn Century-Old Buildings into Condos
By Veronica Grecu, Associate Editor
First Potomac Realty Trust and Perseus Realty L.L.C. purchased the Greyhound Bus Terminal site at 1005 First St., N.E., in Washington, D.C., for approximately $46.8 million. The joint venture plans to develop 712,000 square feet of […]
$17M Renovation for Marriott Downtown Hotel Meeting Space; Inquirer Building Sold
By Veronica Grecu, Associate Editor
In a press release issued last week, management of the Philadelphia Marriott Downtown Hotel announced the completion of a $17 million renovation project of the building’s 92,000-square-foot meeting space. The hotel features 1,408 guest rooms and […]
Detroit Commercial Real Estate Revived through Green Initiatives
By Veronica Grecu, Associate Editor
The Elevator Building, one of Detroit’s historic landmarks currently offering office and retail space, will undergo major roof transformations with the help of Novi, Mich.-based SRI Energy, a company offering green energy solutions to socially responsible […]
Affordable Housing Escalates in New York Neighborhoods
By Veronica Grecu, Associate Editor
New York’s affordable housing initiative has come a long way—with $1.3 billion invested in the plan and 15,827 units of affordable units financed for middle-class and low-income residents in Fiscal Year 2011, which ended on June […]
103-year-old Chicago Building to Be Renovated; O’Hare Extension Could Stop
By Veronica Grecu, Associate Editor
A vacant West Loop office building located at 564 W. Randolph St. was sold by an affiliate of W. P. Carey & Co. LLC to Chicago developer Sterling Bay Cos. for $4.7 million or $51 per […]
Demand Drives Boston Apartment Rents to a New Peak
By Veronica Grecu, Associate Editor
Vacancy in the Boston multi-family market has hit its lowest level in almost a decade, pushing rental rates upward to a record $1,665 per month. Reis Inc., recently revealed that Boston-area ranks fifth on the list […]
Light of Hope for Philadelphia Multifamily Developments; RDA Approves New Commercial Projects
By Veronica Grecu, Associate Editor
Recent data from IHS Global Insight released last week show a 14.6 percent increase of multifamily housing developments in June as compared to May figures, reports the Philadelphia Inquirer. New apartment and condo developments rose 30.4 […]
Detroit Housing Market Receives Extra Help From Local Companies
By Veronica Grecu, Associate Editor
The U.S. Department of Housing and Urban Development (HUD) agreed to remove Detroit from the “troubled designation list” where it had been since 2005. The decision was taken based on the recommendations offered by members of […]