CHICAGO - (July 26, 2021)
Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce it has named Suzanne Weiss as senior vice president, commercial mortgage servicing, for its Commercial Finance Group. A commercial finance veteran with nearly 30 years of experience, Weiss will oversee a group of five other servicers and have primary responsibility for servicing Draper and Kramer’s $3.5 billion commercial loan portfolio, including loans held by third-party borrowers, as well as debt used to finance Draper and Kramer’s own multifamily acquisitions and developments.
“In today’s commercial lending environment, it’s imperative to have professionals on our team who not only understand the nuances of our field inside and out, but also can tap into years of experience to provide perspective that will help us navigate this unusual time for commercial real estate as we emerge from the pandemic,” said Bill Barry, senior vice president with Draper and Kramer’s Commercial Finance Group. “As a former client of our Commercial Finance Group, Suzanne understands what differentiates our services – a perspective that will be invaluable as we continue to grow the business in Chicago and nationally.”
Before joining Draper and Kramer, Weiss spent 27 years with Allstate, most recently serving as head of commercial mortgage loan servicing for the insurance company’s investments division. She began her tenure with Allstate as a paralegal supporting commercial mortgage loan transactions before transitioning to roles in loan servicing. Weiss was an active volunteer while at Allstate for the Greater Chicago Food Depository, Special Olympics, veterans groups and more.
Weiss holds a bachelor’s degree in business administration from Loyola University and also earned a graduate-level certificate of paralegal studies in real estate law from Roosevelt University.
About Draper and Kramer, Incorporated
Founded in 1893, Draper and Kramer, Incorporated, is a trusted financial and property services provider with a deep commitment to people, excellence, service and integrity spanning more than 125 years. Family-owned and one of the leading privately held real estate services firms in the U.S., Draper and Kramer is headquartered in Chicago with a national reach and broad offering of services. The company’s decades-long heritage has evolved over the years to meet the needs of its clients and today spans expertise in residential and commercial development, acquisition, property management and leasing; debt and equity financing for commercial properties; and residential mortgage services through affiliate Draper and Kramer Mortgage Corp. Draper and Kramer provides a single source of real estate-related counsel to a diverse group of real estate investors across the U.S. including corporations; private and institutional owners and users of real estate; government agencies; and foundations. For more information, visit www.draperandkramer.com.
About the Commercial Finance Group (CFG)
For more than 125 years, Draper and Kramer, Incorporated, has sourced commercial real estate debt and equity used to acquire, develop, renovate, refinance and recapitalize assets across property sectors and markets throughout the U.S. Today, through its Commercial Finance Group (CFG), the company continues that tradition with innovative financing solutions at all levels of the capital stack that are offered to third-party clients and used by Draper and Kramer for its own investments. As a service- and relationship-driven business, CFG prides itself on longstanding partnerships with more than 25 life insurance companies, some of which date back more than a century. For more information, visit www.draperandkramer.com/what-we-do/commercial-finance-group/.
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Editors:
For more information or to schedule an interview, contact Patty Cronin, [email protected], (312) 267-4513 or Abe Tekippe, [email protected], (312) 267-4528.
