News

December 19, 2018

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, Timothy Kramer, property operations specialist across Draper and Kramer’s portfolio, was certified as an IREM instructor, the first Draper and Kramer employee to earn the designation. ...

December 18, 2018

Draper and Kramer Mortgage Corp. Opens McLean, Va. Branch Led by Chris Channell

Draper and Kramer Mortgage Corp., one of the Top Mortgage Lenders in America, has announced the opening of a new branch in the Washington, D.C. suburb of McLean, Va. The branch and much of its staff, led by top-producing mortgage originator Chris Channell, joined the company from another local lender. ...

November 19, 2018

Draper and Kramer Acquires 180-Unit Luxury Rental Community in Schaumburg, Ill.

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 in the St. Louis suburb of Maryland Heights, Mo. The Chicago office of CBRE brokered the sale of North 680. ...

November 13, 2018

Draper and Kramer Names Todd Bancroft as President and CEO

Draper and Kramer, Incorporated, today announced its Board of Directors has appointed Chief Operating Officer and General Counsel Todd Bancroft as the firm’s next president and chief executive officer. Bancroft, who has been serving as interim president and CEO of the real estate services firm for the last three months, succeeds Forrest D. Bailey, who was Draper and Kramer’s president and CEO for 20 years until stepping into a new role as vice chair and CEO emeritus in August. ...

November 2, 2018

Draper and Kramer Named to Chicago Tribune’s 2018 Top Workplaces List for the Second Year in a Row

Full-service real estate firm Draper and Kramer, Incorporated, is proud to announce it has been named a 2018 Top Workplace by the Chicago Tribune. The annual Top Workplaces list is based on results of an employee feedback survey, administered by an independent research firm, that measures multiple aspects of workplace culture. This is the second year in a row Draper and Kramer has participated in the program and received a Top Workplace honor. ...


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