We protect, maintain and enhance the value of the condominiums for the associations that we serve, while helping board members fulfill their fiduciary obligations and responsibilities.
| Overall Site Management for More than 60 Associations, Including Over 20,000 Homes |
| Long-term Financial Planning |
| Monthly Financial Reporting (modified or accrual basis) |
| Ongoing Staff Training |
| Systematic Preventive Maintenance |
| Utility Efficiency |
| Contract Review and Oversight |
| Multi-year Budgeting and Planning |
| Capital Improvement Implementation Exceeding $100 Million |
| Emergency and Life Safety Planning |
| 24/7 Emergency Service |
| Annual Insurance Review and Policy Evaluation |
| Timely, Accurate, Current-to-the-day Financial Data |
Our professionals do more than manage your association’s common areas and systems.
- Cost-Effective Approach – We charge
a comprehensive management fee with no “hidden” reimbursables.
In addition, in the past seven years we "beat" our budgets
98% of the time.
- Involved – We provide premium, quality
supervision; we have a maximum on-site manager to supervisor ratio
of six to one. This is the lowest ratio in the Chicago market.
Our supervisors understand the complex operations of each association
in their portfolio, and offer the value-added services associations
need.
- Preventive Maintenance – We implement
preventive maintenance that is state-of-the-art for your association’s
mechanical systems.
- Financial Integrity – Your financial reports are directed by a team of certified public accountants, with 100 years of cumulative experience at Draper and Kramer.
- Improve Properties – We manage capital improvements – averaging $20 million each year – and annual operating budgets exceeding $100 million.
- Comprehensive Budgeting – We routinely incorporate long-term reserve funding and capital project planning into the annual budgeting process.
Draper and Kramer is the trusted partner for the associations in its portfolio. We manage more than 20,000 units in over 60 associations. The Institute of Real Estate Management (IREM) has repeatedly named us “Management Company of the Year,” reflecting our 95+% retention rate.
Learn More
Tom Taylor
Vice President
312-795-2233
taylort@draperandkramer.com
To see a list of representative clients, click here.
Draper and Kramer: A Tradition of Innovation in Condominium Conversions
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