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Chicago Multifamily Firm Enters Arizona, Looks To Expand Portfolio to Other Big Cities

Draper and Kramer Cites Phoenix's Rapid Population Growth as Key to First Grand Canyon State Acquisition
Draper and Kramer Inc. bought the 240-unit Senita on Cave Creek for just under $110 million. (CoStar)
Draper and Kramer Inc. bought the 240-unit Senita on Cave Creek for just under $110 million. (CoStar)
CoStar News
July 7, 2022 | 10:49 P.M.

A Chicago-based multifamily investment firm has entered Arizona with a high-dollar purchase in Phoenix as it embarks on expanding its portfolio to other big U.S. cities.

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