The financing conundrum: Haste makes waste, or Carpe diem?
Given current capital markets, many commercial real estate owners are debating whether to start the financing process for their properties now or wait until the…
Draper & Kramer
Draper and Kramer’s Kurstie Butcher receives IREM PREMIER Accredited Residential Manager (ARM) of the Year award
Draper and Kramer, Incorporated announced Kurstie Butcher, property management and operations specialist, was named Accredited Residential Manager (ARM) of the Year by the Institute of…
Draper and Kramer hires senior vice president for commercial mortgage servicing
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,…
Redevelopment plan for Michael Reese site gets the go-ahead
The Chicago Plan Commission approved the plan to transform the former Michael Reese Hospital site in Chicago’s Bronzeville neighborhood. A team of local developers known…
The difficulty level? It’s high. But investing in economically challenged communities is also rewarding
Achieving success in economically challenged communities is a struggle at best and can be made more challenging when national stories of social unrest are replicated…
Draper & Kramer closes more than $100 million for three Midwest portfolios
Draper and Kramer, Incorporated's Commercial Finance Group closed more than $100 million in loans for three commercial real estate portfolios comprising about 3.7 million square…
Shopping center in Chicago’s Northwest suburbs sells for $32.5M
A fund managed by New York-based DRA Advisors has partnered with Northbrook, Illinois-based Pine Tree, LLC to acquire The Shops at Kildeer, a 171,339-square-foot shopping…
Chicago missing out on HQ2 could be a mixed blessing
With speculation leaning toward three cities other than Chicago as finalists for a potentially split Amazon HQ2, it apparently is time for Chicago's city and…
Deconstructing deconversion
Condo deconversion is a undeniable trend in Chicago. That's why over 150 people came out to the Montgomery Club on October 18, 2018 to hear…