Pre-Leasing Underway at 61 Banks Street in Chicago’s Gold Coast

Draper and Kramer, Incorporated, today announced that pre-leasing is underway for 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive that fills the last undeveloped lakefront parcel in Chicago’s premier Gold Coast neighborhood. First move-ins are expected to take place this May. “Chicago’s Lake Michigan frontage between Oak … Continued

Draper and Kramer Employees Receive IREM Recognition

Full-service real estate firm Draper and Kramer, Incorporated, today announced that two employees from its Residential Management Group have been recognized by the Institute of Real Estate Management (IREM). Colleen Needham, general manager of the Lake Meadows rental community in Chicago’s Bronzeville neighborhood, has been named IREM Chicago Chapter 23 secretary for 2019. In addition, … Continued

Draper and Kramer Acquires 180-Unit Luxury Rental Community in Schaumburg

Chicago-based Draper and Kramer, Incorporated, today announced it has expanded its Chicago-area portfolio with the acquisition of North 680, a recently built 180-unit luxury rental community in Schaumburg, Ill. The property was purchased by Draper and Kramer as part of a 1031 exchange following the firm’s sale of Fieldpointe of St. Louis, a 318-unit community … Continued

Draper and Kramer Names Todd Bancroft as President and CEO

Draper and Kramer, Incorporated, today announced its Board of Directors has appointed Chief Operating Officer and General Counsel Todd Bancroft as the firm’s next president and chief executive officer. Bancroft, who has been serving as interim president and CEO of the real estate services firm for the last three months, succeeds Forrest D. Bailey, who … Continued

Draper and Kramer Announces Shruti Kumar’s Appointment as Secretary of IREM Chicago Governing Council

 Draper and Kramer, Incorporated, a full-service national real estate firm, has announced that Shruti Kumar, CPM®, a senior property manager with the firm’s residential property management division, has been appointed to serve on the 2017 Institute of Real Estate Management (IREM) Chicago Governing Council as secretary.  “We’re so proud of Shruti for her ongoing commitment to professional development through involvement with industry organizations like IREM,” said Julie Johnson, CPM, senior vice president of … Continued

Draper and Kramer Recognized by SatisFacts

SatisFacts, the leading provider of resident surveys focusing on multifamily retention and reputation management, has included several Draper and Kramer properties among its 2015 National Resident Satisfaction Award recipients. “The SatisFacts Index is a series of benchmark data providing insight into our performance compared to others in the market,” stated Julie Johnson, director of residential … Continued

Draper and Kramer Recognized by IREM

Draper and Kramer announced today that the Institute of Real Estate Management (IREM) recently recognized DK Living and its employees Sam Groppi, Colleen Needham and Shruti Kumar at its 2016 awards ceremony. IREM’s Premier Awards were created to recognize people, organizations and companies for excellence in areas that include innovation and technology, energy conservation, community … Continued

Draper and Kramer Relocates Corporate Office to 55 East Monroe

Draper and Kramer, Incorporated (“D&K”) today announced that its corporate office will move from 33 W. Monroe to 55 E. Monroe, centrally located within the Loop of downtown Chicago. The 122-year old real estate property and financial services firm will occupy the 39th floor with over 200 corporate employees. “We are very excited about this … Continued

Christine Ramsey Joins Draper and Kramer as Senior VP of Human Resources

Draper and Kramer announced today that Christine Ramsey has joined the Chicago-based real estate services firm as senior vice president of Human Resources. “We are delighted that Christine has joined our team to lead the human resources department in support of the goals and core values of our company,” said Forrest Bailey, president and CEO … Continued