Draper and Kramer’s Commercial Finance Group Closes $9.01 Million HUD Refinance Loan for Sunnyvale Village Rental Community in Nampa, Idaho

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced a team led by Vice President Michael Slonim of Draper and Kramer’s Commercial Finance Group (CFG) has closed a $9.01 million 223(f) HUD refinance loan on behalf of Providence Holdings, LLC  for Sunnyvale Village, a recently constructed multifamily rental community at 15680 N. Draycot Lane in Nampa, Idaho. Draper and Kramer, which holds the oldest active … Continued

Draper and Kramer Arranges $54 Million Non-Recourse Refinance Loan for 440-Unit Prairie Point and The Reserve at Prairie Point Apartments in Merrillville, Ind.

CHICAGO (April 6, 2023) — Draper and Kramer, Incorporated, a national full-service real estate firm, today announced a team led by Vice President Mark Perkowski of Draper and Kramer’s Commercial Finance Group (CFG) has arranged a $54 million loan on behalf of Weiss Entities for Prairie Point and The Reserve at Prairie Point Apartments, a 440-unit luxury apartment community in Merrillville, … Continued

Commercial Finance Group Arranges $14.875 Million Non-Recourse Student Housing Refinance and Construction Loan

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced a team led by Senior Vice President Matthew Wurtzebach of Draper and Kramer’s Commercial Finance Group (CFG) has arranged a $14.875 million non-recourse refinance and construction loan on behalf of 100 McKnight, LLC for The Park at Constitution Trail Centre, a three-phase student housing community at 120 … Continued

Commercial Finance Group Arranges $114 Million in Construction and Refi Loans for Two Tandem Development Projects in Chicago

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced a team led by Matt Wurtzebach, senior vice president with Draper and Kramer’s Commercial Finance Group (CFG), has arranged $114 million in construction and refinance loans on behalf of client Tandem Development for two mixed-use properties in Chicago’s West Loop and River West. The … Continued

Commercial Finance Veteran Suzanne Weiss Joins Draper and Kramer as Senior Vice President, Commercial Mortgage Servicing, in Commercial Finance Group

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 … Continued

30-Year Industry Veteran Jeffrey Ross Joins Draper and Kramer as Senior Vice President for FHA/HUD Lending

Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce it has named Jeffrey Ross as senior vice president and chief underwriter for Federal Housing Administration/Housing and Urban Development financing in Draper and Kramer’s Commercial Finance Group. A 30-year veteran of the commercial real estate industry, Ross will be responsible for … 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 Announces 2 Executive Promotions in Commercial Finance Group

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 Hires Jacob Vial as SVP for FHA/HUD Lending

Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce Jacob Vial has been hired as senior vice president in the company’s Commercial Finance Group, overseeing Federal Housing Administration/Housing and Urban Development lending for multifamily and senior housing properties. Based out of the firm’s Chicago headquarters, he will serve as chief … Continued