CHICAGO, IL - Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce Tim Kramer, vice president and director of operations, management services, was elected president of the Apartment Building Owners and Managers Association (ABOMA) during the Chicago-area nonprofit’s annual meeting held Friday, Dec. 5.
Kramer, the great-grandson of Draper and Kramer co-founder Adolph Kramer, leads operations across Draper and Kramer’s national portfolio of multifamily communities, including more than 4,700 units under management in Chicago in addition to properties in St. Louis, Dallas, Austin, Phoenix and Denver. As president of ABOMA, which represents ownership and management of over 500 multifamily member buildings in the Chicago area, Kramer will oversee the organization’s efforts to support members by facilitating industry idea exchange, advising on personnel and legislative matters, engaging in labor relations/collective bargaining, and promoting member welfare through education, networking, and advocating for their interests in public matters.
“With our 132-year history in this city, Draper and Kramer is deeply rooted in Chicago real estate, and we take tremendous pride in our track record of our company leaders also stepping up to serve as industry leaders through involvement in organizations such as ABOMA,” said Julie Stevlingson, senior vice president and director of management services at Chicago-based Draper and Kramer. “Like Draper and Kramer, ABOMA also has a very long history in Chicago, and representatives from our firm have been active with the group since its inception. I can’t think of anyone more appropriate to serve as ABOMA president than Tim, who does so much at Draper and Kramer and with outside groups to share best practices, advocate for our industry and shape the work building owners and manager do every day.”
Kramer was a long-standing member of ABOMA’s board prior to his appointment as president and previously served as the organization’s vice president.
In addition to his involvement with ABOMA, Kramer is very active with the Institute of Real Estate Management (IREM) as a national director and international instructor. He has also served on the organization’s governing council, ethics inquiry board, ethics hearing and discipline board, ethics committee, and the Real Estate Management Excellence Awards advisory board. He holds IREM’s Certified Property Manager (CPM) and Accredited Residential Manager (ARM) certifications.
Kramer is also an Ely Chapter member of Lamda Alpha International, a global land economics society.
Kramer first joined Draper and Kramer in 1993 as a leasing consultant and subsequently served as property manager and property operations specialist before being promoted to his current position in spring 2019. He holds a bachelor’s degree in business administration and management from the University of Phoenix and has completed additional executive education in operational management from Massachusetts Institute of Technology’s Sloan School of Management.
About Draper and Kramer, Incorporated: Founded in 1893, Draper and Kramer, Incorporated is a trusted financial and property services provider with a deep commitment to people, excellence, service and integrity spanning more than 130 years. Family-owned and one of the leading privately held real estate services firms in the U.S., Draper and Kramer is headquartered in Chicago with a national reach and broad offering of services. The company’s decades-long heritage has evolved over the years and today spans expertise in residential and commercial development, acquisition, property management and leasing; and debt and equity financing for commercial properties. Draper and Kramer provides a single source of real estate-related counsel to a diverse group of real estate investors across the U.S., including corporations; private and institutional owners and users of real estate; government agencies; and foundations. For more information, visit www.draperandkramer.com