Draper and Kramer, Incorporated
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, Incorporated, a privately held real estate services firm, is pleased to announce Nick Pavelich has rejoined its board of directors. Pavelich, who is managing director at Andersen for the Greater Seattle area, previously served on the Draper and Kramer board for nearly four years between 2012 and 2016. “Having worked closely with … Continued
Draper and Kramer, Incorporated, today announced the company’s Commercial Finance Group (CFG) closed $100 million-plus in loans for three commercial real estate portfolios comprising more than 3.7 million square feet in assets throughout the Midwest. The loans included the refinance of an eight-building industrial portfolio in the greater Milwaukee area; an acquisition loan for a … Continued
Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its multifamily portfolio with the acquisition of HUBBARD221, a 195-unit luxury apartment tower in Chicago’s River North neighborhood. The property was purchased by Draper and Kramer through a 1031 exchange following the firm’s sale of Prairies Shores, a 1,675-unit, multi-building … Continued
Draper and Kramer, Incorporated, yesterday celebrated the topping-off of its new 24-story, 275-unit apartment tower at 2111 S. Wabash Ave. in Chicago’s South Loop. Called Aspire Residences, the transit-oriented development – located less than a block from the CTA’s Cermak/McCormick Place Green Line station – is the largest residential community built in the South Loop’s … Continued
Draper and Kramer, Incorporated, a national full-service real estate firm, today announced the promotion of Bill Stewart and Matthew Wurtzebach to senior vice presidents in the company’s Commercial Finance Group (CFG), the largest single-office commercial mortgage banking group in the country. “Our Commercial Finance Group has an incredible heritage dating back more than 125 years … Continued
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, 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, 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, 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