Draper and Kramer, Incorporated
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, 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, 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, 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, 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
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, Incorporated, a Chicago-based real estate services firm, today announced the promotion of four senior executives. Edward Polich has been named executive vice president of real estate, while Blas Puzon has been promoted to chief investment officer. Additionally, Julie Stevlingson is stepping into an expanded role leading construction services and property operations in … Continued
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
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, 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