Meet Our Team
President and Chief Executive Officer
Todd Bancroft is president and chief executive officer of Draper and Kramer, Incorporated, and its parent company, DKH, Incorporated. An industry veteran, his career has spanned a wide range of real estate areas including more than 20 years of experience in law, acquisitions and development, commercial finance, residential management, residential mortgage lending, sales and marketing.
Bancroft was appointed president and CEO in 2018 after more than four years as chief operations officer and general counsel, overseeing operations across all four of Draper and Kramer’s divisions including acquisitions and development, commercial finance, residential management and residential mortgage services. In this role he optimized operations across all departments, and was responsible for strategy and direction of all aspects of operational policies, objectives, initiatives, and legal matters. He joined Draper and Kramer in 2012 as chief administrative officer, senior vice president and general counsel, responsible for mortgage and cash management operations.
Previously, Bancroft was a founding partner with Bancroft, Richman & Goldberg LLC, a Chicago-area law firm focused on real estate and commercial transactions. He started his career with Equity Marketing Services, Inc., as executive vice president with a focus on condominium sales, marketing, and conversions.
Bancroft graduated from the University of Illinois College of Commerce in 1990, and received his bachelor’s degree in accountancy. In 1993, he graduated from the University of Florida College of Law with a juris doctorate. He is a licensed real estate managing broker in the state of Illinois and a licensed real estate broker in the state of Michigan. He is also a member of the bar in both Illinois and Florida and the senior editorial board for the Florida Law Review.
Executive Vice President of Real Estate
Upon completion of studies in architecture and economics at the Illinois Institute of Technology (IIT), Ed Polich practiced architecture at the Chicago-based architectural firm of Perkins and Will. After about four years of various roles at that firm (design, then management), he joined our construction services department in 1982.
Over the next decade, Ed participated in the creation and growth of the development services group and played a significant role in the creation of many of our assets. In the early 1990s, he left us to (ultimately) become the Midwest regional operating partner of the Linpro/LCOR Companies and develop the iconic Chicago Title and Trust Center in downtown Chicago. In addition to that $265 million development, he developed commercial office, logistical, multi-family and senior housing assets in markets across the United States.
For the past 14 years, Ed’s own firm, Waveland Partners, in addition to opportunistic development activities, has provided advisory and consulting services to a number of high-net-worth individuals, their families and institutional owners of real estate.
A native Chicagoan and North Side resident, Ed believes it is the responsibility of every citizen to commit to on-going involvement in the welfare and growth of communities throughout the metropolitan area. This belief is reflected in his long term commitment to non-profit community development activities in economically and socially challenged neighborhoods and in his role as a leader of a number of community organizations.
Chief Investment Officer
As chief investment officer, Puzon will be responsible for all portfolio management functions for Draper and Kramer, including acquisitions, dispositions, asset management and property management. He joined Draper and Kramer in January 2018 as senior vice president of acquisitions and was tasked with expanding the company’s property acquisition efforts. Puzon led Draper and Kramer’s 2018 acquisition of North 680, a 180-unit luxury rental community in Schaumburg, Ill., and Burnham Point, a 298-unit rental property in Chicago’s Printers Row neighborhood.
Before Draper and Kramer, Puzon was senior vice president of capital transactions for Pinnacle Family of Companies in Seattle, a role in which he led the acquisition of 35 properties comprising 10,000 units and valued at $1 billion.
Puzon holds a bachelor’s degree in civil engineering from the University of Washington and an MBA in finance and real estate from the University of Southern California’s Marshall School of Business.
Chief Financial Officer
James Hayes serves as chief financial officer of Draper and Kramer, Incorporated, and its parent company, DKH, Incorporated. He is responsible for financial reporting, corporate finance and project financing for sponsored properties. James is accountable for managing liquidity and the company’s banking relationships including the restructuring of the corporate facilities as well as the mortgage company’s warehouse lines.
James started his career with Arthur Anderson’s audit practice with a focus on manufacturing and financial services clients.
In 1996, James joined Prism Mortgage Company as its controller and treasurer. After acquiring seven privately held mortgage companies, Prism Mortgage Company was one of the top 25 mortgage originators in the U.S. and executed an initial public offering in 1999. In 2000, Prism Mortgage Company was acquired by Royal Bank of Canada, where James worked with their U.S. based mergers and acquisitions team from 2001 to 2003.
In 2003, James joined Baytree National Bank & Trust as senior vice president responsible for its mortgage and its cash management operations.
James graduated from Northern Illinois University, and received his bachelor’s degree in accounting. In 2010, he graduated from University of Chicago’s Booth School of Business with a Master of Business Administration.
Chief Administrative Officer
Ramsey joined Draper and Kramer in 2016 as senior vice president of human resources, responsible for establishing a strong culture of performance across all business areas. Under her leadership, Draper and Kramer has been named one of the Chicago Tribune’s “Top Workplaces” in 2017 and 2018, among other awards. As CAO, Ramsey will continue to lead human resources along with communications, stockholder relations, risk management and office services.
Ramsey has a bachelor’s degree in humanistic studies/business from St. Mary’s College and a master’s degree in human resources and industrial relations from Loyola University Chicago.
William T. Barry
Senior Vice President, Commercial Mortgage Production
Bill Barry joined Draper and Kramer, Incorporated in 1989 and currently heads the Commercial Finance Group. Bill has over 30 years of experience in financing all types of commercial real estate. Prior to joining us, he was vice president of finance at Lincoln Property Company in Chicago. Bill has financed over $25 billion in real estate during his career.
Bill graduated from the University of Illinois with highest honors, receiving a Bachelor of Science in accounting. He was awarded a Bronze Tablet for graduating in the top three percent of his class. He has been and is involved in many charities including: Wood Family Foundation, All Stars Project of Chicago, Alzheimer’s Association, Link Unlimited, Midtown Educational Foundation and March of Dimes. He is currently on the board of trustees of the Gamma Zeta chapter of the Alpha Tau Omega fraternity.
Chief Executive Officer, Draper and Kramer Mortgage Corp.
Paul Lueken has spent his entire working career in financial services. He began at a regional public accounting firm, leading various audit teams responsible for financial institutions, mortgage banks, savings and loans, and credit unions.
In 1990, he entered the mortgage industry, joining one of the ten largest mortgage banks in the United States. Paul worked in all aspects of wholesale operations, including: internal audit, correspondent lending, loan purchasing, customer service, and eventually managing wholesale operations. In 1997, he decided to use his extensive financial experience to its fullest and established 1st Advantage Mortgage. There he assembled a team of individuals with diverse financial backgrounds who shared his views on exceptional customer service. In 2008, 1st Advantage Mortgage merged with us and became our residential mortgage division, which was renamed Draper and Kramer Mortgage Corp. in 2016.
In addition to being a CPA, Paul earned a Bachelor of Science in accounting, with a minor in economics, from Illinois State University and holds a Series 7 general securities license and a graduate certificate from the Mortgage Banker's Association School of Mortgage Banking. In 2004, he was awarded the title of 'Mortgage Broker of the Year', by the Illinois Association of Mortgage Brokers.
Anthony F. Kramer
Executive Vice President
Anthony F. (Tony) Kramer is executive vice president at Draper and Kramer and the grandson of Draper and Kramer co-founder Adolf Kramer. Tony joined the firm in 1967 and is a licensed real estate managing broker and licensed insurance broker who has been engaged in a number of key Draper and Kramer operations including residential and commercial management and mortgage production. Additionally, Tony is the president of Santiago-based Draper and Kramer Chile, Ltd., and is chairman of the board of Draper and Kramer Condominios SA and Gente Gestion, Inmobilarias SA.
Tony holds a Master’s degree in city planning from Harvard University. He earned his bachelor’s degree at Colby College in Waterville, Maine. He is a director and former chairman of the Near South Planning Board in Chicago and a member of Lambda Alpha International Land Economics Society, the Chicago Crime Commission, the University Club and the Chicago Yacht Club.
Tony has chaired or served as director for a number of corporate and civic boards, including the Dearborn Park Corporation; Chicago Mortgage Bankers Association; Chicago Development Council; Duncan YMCA; Woodstock Site Plan Commission; Slough, USA; Tipperary Corporation, Denver; Chapman Energy, Houston; and School Districts 86 and 180 in Hinsdale, Illinois, where he established and chaired the Foundation for Excellence.
As a founding member of the Department of Homeland Security and a member of the United States Coast Guard Auxiliary, Tony was a line officer in the United States Navy. He supports state-of-the-art healthcare for people living in developing countries through Partners in Health, and impoverished children in the Andes regions of Venezuela and Colombia through Andean Aid.