Thursday, December 22, 2016

Draper and Kramer Acquires 324-Unit The View at Encino Commons Apartment Community in San Antonio, TX

The View at Encino Commons Apartment Homes, Stone Oak Area, San Antonio, TX
CHICAGO, IL  – Chicago-based Draper and Kramer, Incorporated, one of the largest privately held, full-service real estate firms in the United States, has expanded its presence in the San Antonio market with the acquisition of The View at Encino Commons Apartment Homes, a 324-unit rental community in the Stone Oak area of north central San Antonio, just 17 miles from the city’s central business district.

Located at 21303 Encino Commons Blvd., The View at Encino Commons includes 27 two-story residential buildings with a mix of one-, two- and three-bedroom units, as well as a separate clubhouse/leasing center.

Forrest D. Bailey
Situated on a hilltop site overlooking U.S. 281, which provides easy access to downtown San Antonio, the property is in a popular infill area in proximity to well-regarded schools, a variety of retail and restaurant offerings, and major employment centers including the Stone Oak Medical Center.

“With population and job growth fueling strong absorption rates, San Antonio is an ideal investment opportunity for us as we broaden our national footprint,” said Forrest D. Bailey, president and CEO of Draper and Kramer.

“We first entered this market last year with the acquisition of Sonterra Blue, another rental community in Stone Oak, and based on our positive experience with that property, we sought out additional opportunities in the same area to gain economies of scale.

“ The View at Encino Commons is a great addition to our San Antonio portfolio with its combination of a high-demand location and upside potential through the renovation of both common areas and individual units.”

For more information on The View at Encino Commons Apartment Homes, call (312) 580-6547 or visit

 For a complete copy of the company’s news release, please contact:

Sarah Lyons,, (312) 267-4520
Abe Tekippe,, (312) 267-4528

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