Draper and Kramer announces new board member Nick Pavelich

Nick Pavelich
Nick Pavelich has joined the board of directors of Chicago-based Draper and Kramer, Incorporated.

Draper and Kramer, Incorporated, a privately held real estate services firm, is pleased to announce Nick Pavelich has rejoined its board of directors. Pavelich, who is managing director at Andersen for the Greater Seattle area, previously served on the Draper and Kramer board for nearly four years between 2012 and 2016.

“Having worked closely with Nick during his original tenure on our board, when I had just joined Draper and Kramer as chief administrative officer and general counsel, I know firsthand how beneficial his broad business perspective and financial acumen are to our C-suite executives, as well as our shareholders,” said Todd Bancroft, president and CEO of Chicago-based Draper and Kramer. “Draper and Kramer is a fifth-generation, family-owned company, and the expertise, counsel and strategic input of board members like Nick have kept us at the forefront of our industry for more than 125 years. As we start a new decade, Nick will be a valuable addition to the team that shapes our firm’s strategic long-term vision.”

Pavelich has nearly three decades of experience working with privately held companies, family offices and individuals on a variety of finance, business and tax matters. His expertise includes negotiating and structuring real estate joint ventures and private equity funds; setting and executing on real estate investment and disposition strategy; family succession and legacy planning; and estate, gift and income tax planning for multi-generational families.

Prior to joining Andersen in his current role in 2017, Pavelich spent 10 years with Laird Norton Company, first as CFO for the family-owned enterprise and then as president of its real estate investment arm. He was previously a partner at Clark Nuber PS and also held positions with KPMG and Arthur Andersen.

Pavelich holds a bachelor’s degree in business administration with an option in accounting from Washington State University and earned a master’s degree in taxation from Golden Gate University. He is also a graduate of Harvard Business School’s Advanced Management Program.