Texas Multifamily Portfolio Expands with Acquisition of Crest at Las Colinas Station

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

Commercial Finance Group Closes $100+ Million in Loans for 3 Midwest CRE Portfolios

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 Expands Chicago Portfolio with Acquisition of HUBBARD221

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 Grows Texas Portfolio with Acquisition of St. Paul’s Square in McKinney

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 Acquires 180-Unit Luxury Rental Community in Schaumburg

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 and Intercontinental Acquire 298-Unit Apartment Community in Chicago’s Printers Row

Chicago-based Draper and Kramer, Incorporated, along with equity partner Intercontinental Real Estate Corporation, has expanded its Chicago-area portfolio with the acquisition of Burnham Pointe, a 28-story, 298-unit rental building in Chicago’s Printers Row neighborhood. The off-market transaction was brokered by the Chicago office of HFF. Terms of the acquisition were not disclosed. Located at 730 … Continued

Draper and Kramer Rebrands Village Park of Palatine as The Clayson Amid $8.25 Million Renovation

Village Park of Palatine, a 448-unit apartment community in Palatine, Ill., is getting a new name and look following its acquisition earlier this year by Chicago-based Draper and Kramer, Incorporated. The full-service real estate firm today announced it has commenced an $8.25 million renovation of the community, which has been rebranded as The Clayson in a nod to the late George Clayson, an early Palatine resident and former village board member.  … Continued

Draper and Kramer Acquires 3-Acre Commercial Development Parcel in Park Ridge, Ill.

Draper and Kramer, Incorporated, a full-service national real estate firm, announces it has closed on the purchase of a 3-acre commercial development parcel located in Park Ridge, Ill., at the corner of Greenwood Avenue and Busse Highway. The firm was self-represented in the transaction, while the seller, the American Society of Anesthesiologists, was represented by Paul Buckingham … Continued

Draper and Kramer Acquires The View at Encino Commons, a 324-Unit Apartment Community in San Antonio

Chicago-based Draper and Kramer, Incorporated, one of the largest privately held, full-service real estate firms in the United States, has expanded its presence in the San Antonio market with the acquisition of The View at Encino Commons Apartment Homes, a 324-unit rental community in the Stone Oak area of north central San Antonio, just 17miles from the city’s central business district.   Located at 21303 Encino Commons Blvd., The View … Continued