News

January 5, 2018

Draper and Kramer Breaks Ground on 61 Banks Street in Chicago’s Gold Coast

Construction has started on 61 Banks Street, a new boutique residential rental building along Chicago’s lakefront. The intimate eight-story property, which will grace the last undeveloped site on North Lake Shore Drive in the Gold Coast neighborhood, will feature a mix of 58 upscale two- and three-bedroom residences, including seven two-story “maisonette” rowhome units with direct street-level entrances and private terraces. ...

January 2, 2018

Draper and Kramer Opens The Flats at EVO Apartments in Suburban St. Louis

Draper and Kramer, Incorporatedhas opened The Flats at EVO in the St. Louis suburb of Richmond Heights. The collection of 46 townhome-inspired rental apartments is the second phase of EVO, a multifamily property that also includes an adjacent four-story, 281-unit apartment complex that opened in 2016. The 46 units include ...

December 11, 2017

Wheaton Center takes Gold for Value-Add Renovation at the 2017 MHN Excellence Awards

Built in 1972, Draper and Kramer’s Wheaton Center in Illinois underwent a two-year, $40 million overhaul. Close to $25 million of that investment went to structural upgrades, such as concrete façade repairs, roof replacement, canopy construction, and new window and balcony doors. During construction, an uptick in vacancies pushed occupancy at the six-building community as low as 60 percent. But the renovation ultimately improved occupancy from 75 percent before the project started to 94.5 percent. The judges cited the addition of features and amenities that surpassed market standards. ...

December 5, 2017

Anthony Kramer Celebrates Iconic 50th Anniversary with Draper and Kramer, Incorporated

During a recent celebration at its Chicago headquarters, family-owned real estate firm Draper and Kramer, Incorporated, honored Anthony Kramer, executive vice president and director, for his 50 years with the company. Kramer, the grandson of Draper and Kramer co-founder Adolph Kramer, is currently the longest-serving family member at the five-generation company. He represents his family’s third generation involved with the firm since its founding by Arthur Draper and Adolph Kramer in 1893. ...

November 30, 2017

Draper and Kramer’s Anna Javellana Named ARM of the Year by IREM Minnesota Chapter 45

Draper and Kramer, Incorporated, a full-service national real estate firm, is proud to announce Anna Javellana, property manager at Southfork Townhomes in Lakeville, Minn., was named Accredited Residential Manager (ARM) of the Year by the Institute of Real Estate Management (IREM) Minnesota Chapter 45. The award was presented to Javellana at Chapter 45’s annual member appreciation celebration, held Nov. 9 in Eden Prairie, Minn. ...


© 2018. Draper and Kramer, Incorporated. All rights reserved.