About Draper and Kramer

33 West Monroe

Draper and Kramer, Incorporated is a vertically integrated property and financial services company that has a long history of the successful creation, enhancement, and management of first class real estate. Headquartered in Chicago, Illinois, the company is led by President and Chief Executive Officer, Forrest D. Bailey, great-grandson of founder Adolph Kramer. Primary services offered include management of multi-family residential (rental and condominium) and commercial properties (office, industrial and retail), arranging debt and equity financing for commercial property, residential mortgage banking dba 1st Advantage Mortgage and acquisitions and development. Draper and Kramer provides a single source of real estate-related counsel to a diverse group of investors in real estate across the U.S. and in South America: corporations, private and institutional owners and users of real estate government agencies, condominium associations and foundations.

Our business has evolved with the needs of our commercial and consumer clients.

For example, we have the capability to help an institutional client locate the right site to develop a residential high-rise, finance its construction, supervise its design and construction, bring it to market, and manage the building. Clients appreciate our collaborative approach and access to experts in all fields to individually address our clients' needs. Our services include, but are not limited to:


  • Debt and equity placement
  • Residential and retail development
  • Project management
  • Asset management
  • Risk management
  • Residential and property services/management
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