News

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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October 23, 2018

Brian Livingston, vice president with Draper and Kramer's commercial finance group, talks about the condo deconversion trend in Chicago

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 expert speakers discuss the ins and outs of this often complex, often lucrative real estate practice at the first annual Deconstructing Deconversion conference. ...

October 2, 2018

Matthew Wurtzebach and Bill Stewart, vice presidents with Draper and Kramer’s commercial finance group, discuss the biggest challenges and opportunities in commercial real estate financing today

Chicago’s focus on turning the riverfront into a destination is creating exciting development opportunities: Wolf Point, The 78 and Lincoln Yards are all once-in-a-generation projects that will have wide-ranging impacts beyond the immediate sites. Although lenders recognize that potential, rising interest rates, existing loan exposure, regulatory constraints and increasing construction costs have made traditional bank construction financing more challenging. ...

August 29, 2018

Draper and Kramer's Blas Puzon and Timothy Kramer discuss how to tap the experience of your property managers

Communications between departments is important for any business, and this is no different for real estate firms. That's why it's important to involve the property management team early and often on a project. From acquisition to offer to development, operations can have a lot of important input before being handed the keys to a property. ...


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