Meet Our Team
President and Chief Executive Officer
Todd Bancroft is president and chief executive officer of Draper and Kramer, Incorporated, and its parent company, DKH, Incorporated. An industry veteran, his career has spanned a wide range of real estate areas including more than 20 years of experience in law, acquisitions and development, commercial finance, residential management, residential mortgage lending, sales and marketing.
Bancroft was appointed president and CEO in 2018 after more than four years as chief operations officer and general counsel, overseeing operations across all four of Draper and Kramer’s divisions including acquisitions and development, commercial finance, residential management and residential mortgage services. In this role he optimized operations across all departments, and was responsible for strategy and direction of all aspects of operational policies, objectives, initiatives, and legal matters. He joined Draper and Kramer in 2012 as chief administrative officer, senior vice president and general counsel, responsible for mortgage and cash management operations.
Previously, Bancroft was a founding partner with Bancroft, Richman & Goldberg LLC, a Chicago-area law firm focused on real estate and commercial transactions. He started his career with Equity Marketing Services, Inc., as executive vice president with a focus on condominium sales, marketing, and conversions.
Bancroft graduated from the University of Illinois College of Commerce in 1990, and received his bachelor’s degree in accountancy. In 1993, he graduated from the University of Florida College of Law with a juris doctorate. He is a licensed real estate managing broker in the state of Illinois and a licensed real estate broker in the state of Michigan. He is also a member of the bar in both Illinois and Florida and the senior editorial board for the Florida Law Review.
Executive Vice President of Real Estate
As executive vice president of real estate with Draper and Kramer, Incorporated, Ed Polich oversees all development initiatives and chairs the firm’s investment committee, which evaluates potential transactions to ensure they align with the company’s strategic objectives.
Polich most recently served as Draper and Kramer’s chief development officer, overseeing acquisitions and dispositions, asset management, and the development of key multifamily assets.
Early in his career, Polich spent more than a decade with Draper and Kramer’s construction services department, playing a pivotal role in shaping the company’s development services group. He left the firm in the early 1990s, serving as Midwest regional operating partner with Linpro Partnerships/LCOR Companies and founding Waveland Partners, LLC, a real estate asset creation and management firm, before rejoining Draper and Kramer in 2015.
Polich began his career as an architect with Perkins and Will. He earned his bachelor’s degree in architecture at Illinois Institute of Technology.
A native Chicagoan and North Side resident, Polich is a member of many local community organizations. Among his philanthropic activities, he serves on the boards of directors of Claretian Associates and the Mies van der Rohe Society at IIT.
Chief Investment Officer
Blas Puzon is chief investment officer of Draper and Kramer, Incorporated, responsible for all portfolio management and investment functions including acquisitions, dispositions, asset management and property management. He joined Draper and Kramer in January 2018 as senior vice president of acquisitions, and has since led the strategic expansion of the company’s portfolio through property acquisitions including North 680, a 180-unit luxury rental community in Schaumburg, Ill., and Burnham Point, a 298-unit rental property in Chicago’s Printers Row neighborhood.
Puzon came to Draper and Kramer with more than 15 years of experience in driving portfolio value and growth. Before joining the firm, he was senior vice president of capital transactions for the Pinnacle Family of Companies in Seattle. While at Pinnacle, Puzon oversaw the firm’s affiliated investment company, Olympic Investors, a role in which he led the acquisition and investment management of 35 properties comprising approximately 10,000 units and valued at over $1 billion.
Puzon holds a bachelor’s degree in civil engineering from the University of Washington and an MBA in finance and real estate from the University of Southern California’s Marshall School of Business. He is a Chartered Financial Analyst (CFA) and a member of National Multifamily Housing Council and Urban Land Institute.
Chief Financial Officer
James Hayes is chief financial officer of Draper and Kramer, Incorporated, and its parent company, DKH, Incorporated. He is responsible for financial operations and capital management for the company and its divisions, including real estate management, residential mortgage, commercial mortgage banking, and real estate development.
Hayes started his career with the audit practice of Arthur Anderson LLC, with a focus on manufacturing and financial services clients. Next, he served as controller and treasurer of Prism Mortgage Company, which became one of the top 25 mortgage originators in the United States, went public and was acquired by Royal Bank of Canada. Hayes then worked for RBC on U.S.-based mergers and acquisitions. After that, he joined Baytree National Bank & Trust as senior vice president responsible for mortgage and cash management operations.
Hayes holds a Master of Business Administration from University of Chicago’s Booth School of Business. He received his bachelor’s degree in accounting from Northern Illinois University.
Chief Administrative Officer
Christine Ramsey is chief administrative officer for Draper and Kramer, Incorporated, responsible for human resources, communications, stockholder relations, risk management and office services. During her tenure with the company Ramsey has played a key role in defining and shaping Draper and Kramer’s strong, employee-focused work culture. With her skill in communicating the company’s vision and strategy, as well as her ability to connect with employees and partners, she remains an important cultural steward for the firm.
Ramsey joined Draper and Kramer in 2016 as senior vice president of human resources. Under her leadership, Draper and Kramer was named one of the Chicago Tribune’s “Top Workplaces” in 2017 and 2018. Before joining Draper and Kramer, Ramsey was senior vice president of talent and transformation for Revenew Systems, a technology startup company; and senior director of talent management for Catamaran, which provides pharmacy benefit management and medical record keeping services. She also was director of recruitment and retention at Aon Corporation.
Ramsey has a bachelor’s degree in humanistic studies and business from St. Mary’s College and a master’s degree in human resources and industrial relations from Loyola University Chicago.
William T. Barry
Senior Vice President, Commercial Mortgage Production
Bill Barry is senior vice president of commercial mortgage production with Draper and Kramer, Incorporated. In this role, Barry leads all activities of Draper and Kramer’s Commercial Finance Group (CFG), the largest single-office mortgage banking group in the country. CFG arranges financing for commercial real estate transactions for Draper and Kramer as well as private and institutional investors, from small private buyers to major institutional clients. Under Barry’s guidance over the past decade, CFG has closed more than $3 billion in loans annually, including FHA/HUD and other financing, for the construction, substantial rehabilitation, acquisition and refinancing of multifamily apartments and senior living communities. Barry himself has originated more than $25 billion in real estate loans in his XX-year career and has been instrumental in building CFG’s relationship-driven, solutions-oriented culture.
A longtime leader at Draper and Kramer, Barry joined the firm in 1989. Previously, he was vice president of finance at Lincoln Property Company in Chicago.
Barry graduated from the University of Illinois at Urbana-Champaign with highest honors, receiving a bachelor of science in accounting. He was awarded a Bronze Tablet for graduating in the top three percent of his class. He has been involved in many charities including the Wood Family Foundation, All Stars Project of Chicago, Alzheimer’s Association, LINK Unlimited Scholars, Midtown Educational Foundation and March of Dimes. He is currently on the board of trustees of the Gamma Zeta chapter of the Alpha Tau Omega fraternity.
Chief Executive Officer, Draper and Kramer Mortgage Corp.
Paul Lueken has spent his entire working career in financial services. He began at a regional public accounting firm, leading various audit teams responsible for financial institutions, mortgage banks, savings and loans, and credit unions.
In 1990, he entered the mortgage industry, joining one of the ten largest mortgage banks in the United States. Paul worked in all aspects of wholesale operations, including: internal audit, correspondent lending, loan purchasing, customer service, and eventually managing wholesale operations. In 1997, he decided to use his extensive financial experience to its fullest and established 1st Advantage Mortgage. There he assembled a team of individuals with diverse financial backgrounds who shared his views on exceptional customer service. In 2008, 1st Advantage Mortgage merged with us and became our residential mortgage division, which was renamed Draper and Kramer Mortgage Corp. in 2016.
In addition to being a CPA, Paul earned a Bachelor of Science in accounting, with a minor in economics, from Illinois State University and holds a Series 7 general securities license and a graduate certificate from the Mortgage Banker's Association School of Mortgage Banking. In 2004, he was awarded the title of 'Mortgage Broker of the Year', by the Illinois Association of Mortgage Brokers.
Anthony F. Kramer
Executive Vice President
Anthony F. (Tony) Kramer is executive vice president at Draper and Kramer and the grandson of Draper and Kramer co-founder Adolf Kramer. Tony joined the firm in 1967 and is a licensed real estate managing broker and licensed insurance broker who has been engaged in a number of key Draper and Kramer operations including residential and commercial management and mortgage production. Additionally, Tony is the president of Santiago-based Draper and Kramer Chile, Ltd., and is chairman of the board of Draper and Kramer Condominios SA and Gente Gestion, Inmobilarias SA.
Tony holds a Master’s degree in city planning from Harvard University. He earned his bachelor’s degree at Colby College in Waterville, Maine. He is a director and former chairman of the Near South Planning Board in Chicago and a member of Lambda Alpha International Land Economics Society, the Chicago Crime Commission, the University Club and the Chicago Yacht Club.
Tony has chaired or served as director for a number of corporate and civic boards, including the Dearborn Park Corporation; Chicago Mortgage Bankers Association; Chicago Development Council; Duncan YMCA; Woodstock Site Plan Commission; Slough, USA; Tipperary Corporation, Denver; Chapman Energy, Houston; and School Districts 86 and 180 in Hinsdale, Illinois, where he established and chaired the Foundation for Excellence.
As a founding member of the Department of Homeland Security and a member of the United States Coast Guard Auxiliary, Tony was a line officer in the United States Navy. He supports state-of-the-art healthcare for people living in developing countries through Partners in Health, and impoverished children in the Andes regions of Venezuela and Colombia through Andean Aid.