Draper and Kramer Celebrates Grand Opening of 61 Banks Street in Chicago

Draper and Kramer, Incorporated, last week celebrated the grand opening of 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive, on the last developable lakefront parcel in Chicago’s premier Gold Coast neighborhood. “It has been three decades since a new residential building opened along this prominent stretch of … Continued

Draper and Kramer Earns Honors at St. Louis Apartment Association Rising Star Awards

Draper and Kramer, Incorporated, a national real estate services firm, is pleased to announce two of its employees were honored at the St. Louis Apartment Association (SLAA) Rising Star Awards, which were held April 27. The awards banquet is hosted annually by SLAA to recognize achievements among the organization’s members. “As a 125-year-old firm with … Continued

Draper and Kramer’s Kristen Alessi Named ARM of the Year by IREM Chicago

Draper and Kramer, Incorporated, a national real estate services firm, is proud to announce Kristen Alessi, property manager at 1130 S. Michigan Ave., a luxury apartment tower in Chicago’s South Loop, was named Accredited Residential Manager (ARM) of the Year by the Institute of Real Estate Management (IREM)’s Chicago chapter. The award was presented to … Continued

Pre-Leasing Underway at 61 Banks Street in Chicago’s Gold Coast

Draper and Kramer, Incorporated, today announced that pre-leasing is underway for 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive that fills the last undeveloped lakefront parcel in Chicago’s premier Gold Coast neighborhood. First move-ins are expected to take place this May. “Chicago’s Lake Michigan frontage between Oak … Continued

Draper and Kramer Employees Receive IREM Recognition

Full-service real estate firm Draper and Kramer, Incorporated, today announced that two employees from its Residential Management Group have been recognized by the Institute of Real Estate Management (IREM). Colleen Needham, general manager of the Lake Meadows rental community in Chicago’s Bronzeville neighborhood, has been named IREM Chicago Chapter 23 secretary for 2019. In addition, … 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 Promotes David Newton to Regional Property Manager

Draper and Kramer, Incorporated, a national real estate services firm, is pleased to announce it has promoted David Newton to the position of regional property manager. In his new role, Newton will oversee two rental properties in Draper and Kramer’s Chicago-area management portfolio: 1130 S. Michigan, a luxury high rise in the South Loop neighborhood; … Continued

Draper and Kramer Adds Vice President/Regional Property Manager to Texas Team

Draper and Kramer, Incorporated, a national real estate services firm, is pleased to announce Amy Siebert, CPM®, has joined the company as vice president and regional property manager. Siebert will be based in San Antonio and will oversee Draper and Kramer’s local properties: The View at Encino Commons, a 324-unit rental community, and Sonterra Blue, … Continued

Draper and Kramer’s David Newton Named ARM of the Year by IREM Chicago

Draper and Kramer, Incorporated, a national real estate services firm, is proud to announce David Newton, property manager at 1350-1360 N. Lake Shore Drive in Chicago, was named Accredited Residential Manager (ARM) of the Year by the Institute of Real Estate Management (IREM)’s Chicago chapter. The award was presented to Newton at IREM Chicago’s annual … Continued