Draper and Kramer Announces Acquisition of Griffis at Riata in Austin, Texas

Draper and Kramer, Incorporated, a national real estate services firm, today announced the acquisition of Griffis at Riata, a 307-unit multifamily property at 5705 Diehl Trail in Austin, Texas. Completed in 2017, the rental community spans 16.9 acres in the heart of the city’s tech district. Under Draper and Kramer ownership, the property will be … Continued

Draper and Kramer Acquires 203-Unit Multifamily Property The Wright in Suburban Denver

Draper and Kramer, Incorporated, a national real estate services firm, today announced the acquisition of The Wright, a 203-unit new-construction multifamily property at 6465 S. Xanadu Way in Centennial, Colo., a southeast suburb of Denver. Completed in early 2023, the luxury rental community is in the Denver Tech Center submarket, one of the largest employment … Continued

Draper and Kramer Acquires Luxury Rental Community Senita on Cave Creek in Phoenix

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Senita on Cave Creek, a 15-building, 240-unit luxury rental community at 23555 N. Desert Peak Parkway in Phoenix. This is the company’s first property acquisition in Arizona. Terms of … Continued

Draper and Kramer Expands Texas Portfolio with Purchase of 121-Unit Adriatica Senior Living in McKinney, Texas

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Adriatica Senior Living, a 121-unit, amenity-rich rental community for active seniors in McKinney, Texas, a suburb located 30 miles north of Dallas. Terms of the transaction were not disclosed. … Continued

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