Draper and Kramer Expands Texas Portfolio with Purchase of 121-Unit Adriatica Senior Living in McKinney, Texas

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Adriatica Senior Living, a 121-unit, amenity-rich rental community for active seniors in McKinney, Texas, a suburb located 30 miles north of Dallas. Terms of the transaction were not disclosed. … Continued

Draper and Kramer Wins 3 CSS Design Awards for New Corporate Website

Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce its new corporate website has won three CSS Design Awards: Best UI Design, Best UX Design and Best Innovation. CSS Design Awards honor and showcase freelance designers, studios and agencies for work that pushes the boundaries of user interface (UI), user … Continued

Aspire Residences in Chicago’s South Loop Welcomes First Move-Ins, Secures First Retail Lease

Draper and Kramer, Incorporated, announces it has welcomed first move-ins at Aspire Residences, a new 24-story, 275-unit apartment tower at 2111 S. Wabash Ave. in Chicago’s South Loop. The building is currently 28% leased, and 95 residents have moved in since it opened its doors in August. Additionally, Draper and Kramer has leased 2,965 square … Continued

Draper and Kramer Honored in 2020 Multi-Housing News Excellence Awards

In the category of Best Development & Design: Mid-Rise, we received bronze honors for 61 Banks Street, our boutique luxury rental community that opened in 2019 on the last undeveloped site along Lake Shore Drive in Chicago’s Gold Coast neighborhood. The building was recognized for evoking the timeless appeal and classic elegance of the Gold … Continued

30-Year Industry Veteran Jeffrey Ross Joins Draper and Kramer as Senior Vice President for FHA/HUD Lending

Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce it has named Jeffrey Ross as senior vice president and chief underwriter for Federal Housing Administration/Housing and Urban Development financing in Draper and Kramer’s Commercial Finance Group. A 30-year veteran of the commercial real estate industry, Ross will be responsible for … Continued

Draper and Kramer Receives 2020 Private Company Board of the Year Award

Draper and Kramer, Incorporated, today announced its board of directors has been recognized with a 2020 Private Company Board of the Year Award, honoring excellence in corporate governance. Conferred by Private Company Director, Directors and Boards and Family Business magazines, the award spotlights private company boards that go above and beyond legal governance requirements and … Continued

Work Starts on Transit-Oriented Development Near Wrigley Field in Chicago’s East Lakeview Neighborhood

Draper and Kramer, Incorporated, today announced it has started construction on a seven-story, 120-unit mixed-use development at 949 W. Dakin St. in Chicago‘s East Lakeview neighborhood. Located across the street from the Sheridan Red Line station and two and a half blocks north of Wrigley Field, the transit-oriented development replaces a single-story structure whose tenants … Continued

Draper and Kramer Announces First “Aspiring Artist” at Aspire Residences in Chicago’s South Loop

Draper and Kramer, Incorporated, today announced it has selected local artist Canary Garcia for a year-long residency as the “Aspiring Artist” at Aspire Residences, the firm’s new 24-story, 275-unit apartment tower that will open in August at 2111 S. Wabash Ave. in Chicago’s South Loop. “Art has become more important than ever in multifamily developments, … Continued

Pre-Leasing Underway at Aspire Residences in Chicago’s South Loop

Draper and Kramer, Incorporated, today announced pre-leasing is underway for Aspire Residences, a 24-story, 275-unit apartment tower at 2111 S. Wabash Ave. in Chicago’s South Loop. Located less than a block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development is slated to welcome first move-ins this summer. “Residents of Aspire will enjoy … Continued

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