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JV Nabs Apartment in Chicago’s Printers Row

July 23, 2018 / Jeffrey Steele

A joint venture of Chicago-based Draper and Kramer Inc. and equity partner Intercontinental Real Estate Corp. has acquired the 298-unit Burnham Pointe in Chicago’s South Loop Printers Row neighborhood. The acquisition of the 28-story property at 730 S. Clark St. enables Draper and Kramer to enlarge its Chicago-area portfolio. Acquisition terms were not disclosed. The off-market transaction was brokered by the Chicago office of HFF.