Renovations Complete at Lake Meadows Market

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has completed the second phase of its ongoing renovation of the Lake Meadows Market retail center in Chicago’s Bronzeville neighborhood. The final element of Phase 2 was a full interior and exterior renovation of the center’s 193,000-square-foot Jewel-Osco grocery store. Jewel-Osco parent … Continued

Texas Multifamily Portfolio Expands with Acquisition of Crest at Las Colinas Station

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its Texas multifamily portfolio with the acquisition of Crest at Las Colinas Station, a 374-unit luxury rental community in Irving, a northwest suburb of Dallas. The property was purchased by Draper and Kramer through a 1031 exchange following the firm’s … Continued

Draper and Kramer Named to Chicago Tribune’s Top Workplaces List for Third Consecutive Year

Draper and Kramer, Incorporated, is proud to announce it has been named a 2019 Top Workplace by the Chicago Tribune, marking the third consecutive year the full-service real estate firm has participated in the program and received this recognition. The annual Top Workplaces list is based on results of an employee feedback survey, administered by … Continued

Draper and Kramer Grows Texas Portfolio with Acquisition of St. Paul’s Square in McKinney

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its multifamily portfolio with the acquisition of St. Paul’s Square, a four-story, 211-unit luxury rental community in McKinney, Texas, a suburb 30 miles north of Dallas. Terms of the transaction were not disclosed. Located at 470 Adriatic Parkway, St. Paul’s … Continued

Draper and Kramer’s Lindsay Bonilla Named to IREM’s 30 Under 30

Draper and Kramer, Incorporated, a national real estate services firm, is proud to announce Lindsay Bonilla, property manager at Burnham Pointe, a luxury rental tower in Chicago’s South Loop, was named to the Institute of Real Estate Management (IREM)’s 30 Under 30 list for 2019. The national recognition program highlights young leaders committed to advancing … Continued

Draper and Kramer Celebrates Grand Opening of 61 Banks Street in Chicago

Draper and Kramer, Incorporated, last week celebrated the grand opening of 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive, on the last developable lakefront parcel in Chicago’s premier Gold Coast neighborhood. “It has been three decades since a new residential building opened along this prominent stretch of … Continued

Draper and Kramer Earns Honors at St. Louis Apartment Association Rising Star Awards

Draper and Kramer, Incorporated, a national real estate services firm, is pleased to announce two of its employees were honored at the St. Louis Apartment Association (SLAA) Rising Star Awards, which were held April 27. The awards banquet is hosted annually by SLAA to recognize achievements among the organization’s members. “As a 125-year-old firm with … Continued

Draper and Kramer Hires Jacob Vial as SVP for FHA/HUD Lending

Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce Jacob Vial has been hired as senior vice president in the company’s Commercial Finance Group, overseeing Federal Housing Administration/Housing and Urban Development lending for multifamily and senior housing properties. Based out of the firm’s Chicago headquarters, he will serve as chief … Continued

Draper and Kramer’s Kristen Alessi Named ARM of the Year by IREM Chicago

Draper and Kramer, Incorporated, a national real estate services firm, is proud to announce Kristen Alessi, property manager at 1130 S. Michigan Ave., a luxury apartment tower in Chicago’s South Loop, was named Accredited Residential Manager (ARM) of the Year by the Institute of Real Estate Management (IREM)’s Chicago chapter. The award was presented to … Continued

Draper and Kramer Breaks Ground on 2111 S. Wabash in McCormick Square Area of Chicago’s South Loop

Draper and Kramer, Incorporated, today announced it has started construction on 2111 S. Wabash Ave., a 24-story, 275-unit building in the McCormick Square area of Chicago’s South Loop. Located less than one block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development will offer residents a convenient location just a five-minute train ride … Continued