Draper and Kramer Mortgage

What Draper and Kramer Mortgage does

Draper and Kramer, Incorporated is a Chicago-based private property and financial services company founded in 1893, operating across four integrated service lines: Investment Management, Property Management, Real Estate Development, and Commercial Finance Group. The firm serves institutional and accredited investors, commercial real estate borrowers, third-party property owners, and residents, with operations concentrated in the Chicago metropolitan area and a recently disclosed expansion into Aurora, Colorado. It is a private, Illinois-incorporated entity operating under Broker License No. 471.022774, with notable managed and developed assets including the 298-unit Burnham Pointe in Printers Row, Hubbard221, and 1649 N. Halsted.

The company's offering is anchored by $1.4 billion in assets under management and $2.5 billion in annual commercial loan production, supplemented by a property management operation and a development business that has deployed roughly $500 million in capital over the last five years. Revenue is generated through a diversified mix of recurring management fees on the investment portfolio, transaction-based origination fees from commercial lending, recurring property management fees, and one-time gains from real estate development. The integrated structure creates cross-selling across financing, investment, development, and ongoing operations on the same assets. The firm is led by CEO Paul Jerome Lueken and Designated Managing Broker Timothy S. Kramer, with 501–1,000 employees.

Go-to-market is direct-to-client enterprise and mid-market, leveraging investor portals (Juniper Square, State Street, Shareholder), commercial tenant portals, and a professional-network-driven commercial finance channel. The firm also operates a career page, an active LinkedIn and social media presence, and a content/news section for thought leadership. There is no evidence of proprietary technology platforms, AI/ML capabilities, or digital product surfaces beyond portal infrastructure — the offering is service- and relationship-driven rather than technology-enabled.

Name

Draper and Kramer Mortgage

Legal name

Draper and Kramer, Incorporated

Website

https://dkmortgage.com

Company type

Private

Founded year

1893

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Draper and Kramer, Incorporated is a 133-year-old Chicago-based private property and financial services firm offering investment management, property management, real estate development, and commercial finance to investors, developers, owners, and residents, with $1.4B AUM and $2.5B annual loan production.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Offices of Real Estate Agents and Brokers (53121), Miscellaneous Intermediation (523910)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162), Real Estate Agents & Managers (For Others) (6531)

akta.pro industry

PRIMARYFSALABAB

Commercial & Multifamily Mortgage Brokers

Financial & Insurance/Mortgage & Housing Finance/Mortgage Brokerage & Intermediaries

SECONDARYBPAJABAI

Investment Sales Brokerage

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Real Estate Brokerage

SECONDARYBPAJAAAE

Residential Investment Property Brokerage (SFR/Small Multifamily)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Real Estate Brokerage

SECONDARYFSAEAJAB

Commercial Real Estate Brokerage (Leasing & Sales)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Real Estate Advisory & Brokerage

Keywords

• Real estate investment management
• Property management services
• Commercial real estate finance
• Real estate development
• Asset management services

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Commercial Loan Production: Draper and Kramer generates revenue through commercial loan production, with $2.5 billion in annual commercial loan production reported. This represents origination fees and interest income from commercial real estate financing activities.
2. Investment Management: Investment management services generating $1.4 billion in assets under management, likely earning management fees and performance fees.
3. Property Management: Property management services for residential and commercial properties, creating recurring management fee revenue.
4. Development: Real estate development activities generating returns through property sales and long-term ownership.

Distribution channels3 records

Marketing channels4 records

Core offering

Draper and Kramer, Incorporated is a property and financial services company offering four integrated service lines: Investment Management, Property Management, Development, and Commercial Finance Group. The firm manages $1.4 billion in assets under management, produces $2.5 billion in annual commercial loan production, and has been operating since 1893 with offices in Chicago. Services target real estate investors, property owners, developers, and residents across residential and commercial real estate.

Product overview

Draper and Kramer, Incorporated is a property and financial services company offering a unified suite of four integrated service offerings: Investment Management, Property Management, Development, and Commercial Finance Group. The company has been operating for 133 years with $1.4 billion in assets under management and $2.5 billion in annual commercial loan production. The services are interconnected, with the Commercial Finance Group providing financing capabilities that support the Investment Management and Development operations, while Property Management handles the operational aspects of owned and managed properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• JLL (Jones Lang LaSalle): Global real estate services firm offering investment management, property management, valuation, and capital markets — comparable to Draper and Kramer's full integrated stack but at vastly greater scale and geography.
• CBRE: Largest global commercial real estate services firm spanning investment management, property management, development, and capital markets — broad incumbent offering overlapping capabilities with Draper and Kramer's four service lines.
• Colliers: Global professional services and investment management firm in real estate — comparable to Draper and Kramer's investment management and brokerage lines, though Colliers operates as a global incumbent.
• Cushman & Wakefield: Global CRE services platform covering investment management, property management, and capital markets — broader portfolio than Draper and Kramer but functionally overlapping on integrated service delivery.
• Newmark: Public CRE services firm offering capital markets, investment sales, leasing, and property management — overlaps with Draper and Kramer's commercial finance, investment management, and brokerage operations.

Direct peers

• Walker & Dunlop: Large-scale commercial real estate finance company originating, servicing, and investing across multifamily, senior housing, and CRE — directly comparable to Draper and Kramer's Commercial Finance Group and $2.5B annual loan production.
• Northmarq: Privately held CRE debt, equity, and investment sales firm — directly comparable to Draper and Kramer's Commercial Finance Group and investment management business model.
• Berkadia: Commercial mortgage banking, investment sales, and loan servicing firm focused on multifamily and CRE — competes head-to-head with Draper and Kramer's commercial finance and investment management offerings.
• Marcus & Millichap: National CRE investment sales and capital markets intermediary — comparable to Draper and Kramer's investment sales and CRE brokerage components within its integrated platform.

Regional players

• Mid-America Real Estate: Midwest-focused CRE investment sales and advisory firm based in the Chicago area — direct regional competitor for Draper and Kramer's Chicago investment sales and brokerage work.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCSMq0GcIXFga7CK_DWCcZVA
• Facebookfacebook.com/draperandkramer
• LinkedInlinkedin.com/company/draper-and-kramer
• Instagraminstagram.com/draperandkramer
• Xx.com/dkmortgagecorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Draper and Kramer Mortgage