Draper and Kramer’s Commercial Finance Group Arranges Loans Totaling $27.5 Million for Chicago-Area Apartment Community, Distribution Center

CHICAGO - (September 29, 2026)

Draper and Kramer, Incorporated, a national full-service real estate firm, announces that a team led by Dan Freedman and Chris Beck, both senior vice presidents with the firm's Commercial Finance Group (CFG), recently brokered two Chicago-area loans totaling $27.5 million. The transactions include a $13.5 million loan financing the acquisition of a three-building industrial complex in Bridgeview, a southwest suburb of Chicago, and a $14 million bridge loan for a 56-unit multifamily property in Chicago's Edgewater neighborhood.

Located at 7705, 7715 and 7723 S. 78th Ave. in Bridgeview, the fully leased industrial complex spans more than 17 acres and features 37 docks, three drive-in doors and 54 parking stalls. The property currently serves as the headquarters for Chicagoland Quad Cities Express. Draper and Kramer's CFG arranged the $13.5 million, seven-year loan on behalf of a joint venture between Curtis Ashton Partners and Burnham Industrial Partners. The loan was provided by a correspondent life insurance company that is one of Draper and Kramer's long-time lending partners.

For the multifamily property, located at 1101 W. Berwyn Ave. in Chicago, Draper and Kramer's CFG secured a $14 million bridge loan on behalf of the developer with a two-year initial term and an option to extend for an additional three years. The newly constructed property features two-bedroom units with high-end finishes, along with shared amenities including a rooftop deck, fitness center, coworking space and heated parking.

"When you are dealing with highly desirable assets in good locations, like both of these properties, lenders recognize the value," said Freedman. "For both of these deals, we were able to tap into our lender relationships to help our clients find favorable terms for their capital."

For more information on Draper and Kramer's Commercial Finance Group, visit https://draperandkramer.com/what-we-do/commercial-finance-group/.

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 and has a national reach and broad offering of services. The company's decades-long heritage has evolved over the years and today encompasses expertise in residential and commercial development, acquisition, property management and leasing, as well as 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 https://www.draperandkramer.com.

About the Commercial Finance Group (CFG)

For more than 125 years, Draper and Kramer, Incorporated, has sourced commercial real estate debt and equity financing to acquire, develop, renovate, refinance and recapitalize properties across a broad range of sectors and markets throughout the U.S. Today, through its Commercial Finance Group (CFG), the company continues that tradition by providing innovative financing solutions across the capital stack. As a service- and relationship-driven business, CFG has longstanding partnerships with more than 25 life insurance companies, including relationships with some lenders that date back more than a century.

For more information, visit https://www.draperandkramer.com/what-we-do/commercial-finance-group/.

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Editors:

For more information, contact Vanessa Irving, [email protected], (312) 267-4531.