Building on its multifamily presence in Texas, Taylor Johnson client Draper and Kramer, Incorporated, closed out 2020 with the acquisition of Adriatica Senior Living, a 121-unit, amenity-rich rental community for active seniors in McKinney, a Dallas suburb. The property represents not only Draper and Kramer’s fifth property in Texas and third in the Dallas market, but also its second within the Adriatica Village mixed-use development, where the firm is realizing synergies from also owning and managing the neighboring St. Paul’s Square apartment community it acquired in 2019. Team TJ shared news of the transaction with Texas, Chicago and trade media alike, resulting in coverage in outlets including Commercial Real Estate Direct, Connect Media, D Magazine, Dallas Business Journal, The Dallas Morning News, REDNews, Retirement Community Living, Seniors Housing Business and Yield PRO.

Adriatica Senior Living, a 121-unit rental community for active seniors in McKinney, Texas, is Draper and Kramer’s second multifamily acquisition within the popular Adriatica Village mixed-use development.