CHICAGO - (July 18, 2017)
Draper and Kramer, Incorporated, a full-service national real estate firm, has announced that Sam Groppi, the firm’s revenue manager, was named to the Institute of Real Estate Management’s 30 Under 30 Class of 2017.
“We’re so thrilled that IREM has recognized Sam’s achievements and his passion for the industry,” said Julie Johnson, senior vice president of management services for Chicago-based Draper and Kramer. “We highly value Sam’s diverse skill set and extensive property management experience that has spanned everything from leasing and operations to capital improvements and financial reporting.”
As revenue manager for Draper and Kramer, a position that was created with his capabilities in mind, Groppi is responsible for maximizing revenue by developing and supervising strategies across the firm’s portfolio. He approves daily pricing via revenue management software, leads regular team calls to review revenue growth, and provides reporting across all layers of the company. Additionally, Groppi assists with acquisitions and lease-ups for Draper and Kramer properties.
Groppi has also successfully initiated several emerging technology programs that have improved performance, including a customized app to assist resident communication and a software program to standardize preventative maintenance. Currently, he is leading a portfolio-wide rollout of YieldStar revenue management software after spearheading a successful pilot program at select properties.
“I’m incredibly honored that IREM included me among this group of exceptional young professionals,” said Groppi. “I greatly appreciate the many opportunities IREM facilitates for its members to learn best practices, share ideas, ask and offer advice, and mentor the next generation real estate managers. I am also grateful to Draper and Kramer for creating a position that challenges me and allows me to grow professionally.”
A graduate of Kalamazoo College in Kalamazoo, Mich., Groppi has held various property management and leasing positions with Draper and Kramer since joining the firm in 2012. Prior to becoming revenue manager, Groppi was an operations manager for Wheaton Center, Draper and Kramer’s 758-unit rental community in Wheaton, a suburb of Chicago.
Groppi is currently pursuing his CPM® designation and is an active member of IREM’s Chicago Chapter. He also serves on the IREM Premier Awards Committee and, in the past, has served on the IREM Council.
IREM is an international community of real estate managers dedicated to ethical business practices, maximizing the value of investment real estate and promoting superior management through education and information sharing. The organization’s 30 Under 30 list recognizes 30 professionals under the age of 30 committed to IREM and the real estate property management profession. These individuals have made various contributions to the industry as demonstrated by career success, professional leadership and community involvement.
One of the largest property management firms in Chicago, Draper and Kramer has a residential management portfolio of more than 10,000 rental units across Chicago, St. Louis, San Antonio and Minneapolis, as well as 25,000 condominium residences throughout Chicago.
About Draper and Kramer, Incorporated
Founded in 1893, Draper and Kramer, Incorporated is family-owned and one of the leading privately held full-service real estate firms in the U.S. Draper and Kramer is headquartered in Chicago with a national reach and broad offering of services. The company’s expertise spans residential and commercial property management and leasing; debt and equity financing for commercial properties; residential and commercial acquisition and development; and residential mortgage services through Draper and Kramer affiliate 1st Advantage Mortgage. Draper and Kramer provides a single source of real estate-related counsel to a diverse group of investors in real estate across the U.S. including corporations; private and institutional owners and users of real estate; government agencies; condominium associations; and foundations. For more information, visit www.draperandkramer.com.
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Sam Groppi, revenue manager at Chicago-based Draper and Kramer, Incorporated, has been named to the Institute of Real Estate Management’s 30 Under 30 Class of 2017.