Draper and Kramer’s Colleen Needham, 20-Year Industry Veteran, Installed as Chicago IREM President

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced Colleen Needham, assistant vice president and general manager, was installed as the 2022 president of the Institute of Real Estate Management (IREM) Chicago chapter during a Nov. 10 meeting at Revolution Brewing in Chicago’s Logan Square neighborhood. Needham officially assumes her duties on … Continued

Draper and Kramer’s Tim Kramer Elected to IREM’s National Board of Directors

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced Tim Kramer, vice president and director of operations, has been elected to the national board of directors of the Institute of Real Estate Management (IREM). Kramer officially assumes his duties on Jan. 1, 2022. Kramer, the great-grandson of Draper and Kramer co-founder Adolph … Continued

Aspire Residences in Chicago’s South Loop Welcomes First Move-Ins, Secures First Retail Lease

Draper and Kramer, Incorporated, announces it has welcomed first move-ins at Aspire Residences, a new 24-story, 275-unit apartment tower at 2111 S. Wabash Ave. in Chicago’s South Loop. The building is currently 28% leased, and 95 residents have moved in since it opened its doors in August. Additionally, Draper and Kramer has leased 2,965 square … Continued

Draper and Kramer Honored in 2020 Multi-Housing News Excellence Awards

In the category of Best Development & Design: Mid-Rise, we received bronze honors for 61 Banks Street, our boutique luxury rental community that opened in 2019 on the last undeveloped site along Lake Shore Drive in Chicago’s Gold Coast neighborhood. The building was recognized for evoking the timeless appeal and classic elegance of the Gold … Continued

Draper and Kramer Announces First “Aspiring Artist” at Aspire Residences in Chicago’s South Loop

Draper and Kramer, Incorporated, today announced it has selected local artist Canary Garcia for a year-long residency as the “Aspiring Artist” at Aspire Residences, the firm’s new 24-story, 275-unit apartment tower that will open in August at 2111 S. Wabash Ave. in Chicago’s South Loop. “Art has become more important than ever in multifamily developments, … Continued

Pre-Leasing Underway at Aspire Residences in Chicago’s South Loop

Draper and Kramer, Incorporated, today announced pre-leasing is underway for Aspire Residences, a 24-story, 275-unit apartment tower at 2111 S. Wabash Ave. in Chicago’s South Loop. Located less than a block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development is slated to welcome first move-ins this summer. “Residents of Aspire will enjoy … 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

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’s Lindsay Bonilla Named to IREM’s 30 Under 30

Draper and Kramer, Incorporated, a national real estate services firm, is proud to announce Lindsay Bonilla, property manager at Burnham Pointe, a luxury rental tower in Chicago’s South Loop, was named to the Institute of Real Estate Management (IREM)’s 30 Under 30 list for 2019. The national recognition program highlights young leaders committed to advancing … Continued