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FHA Lending Veteran Returns to Draper and Kramer

Draper and Kramer has hired Jacob Vial as SVP in the company’s commercial finance group, overseeing FHA/HUD lending for multifamily and senior housing properties. Based in Chicago, he will serve as chief underwriter for all credit decisions and direct strategic financing initiatives.

Vial (pictured) rejoins Draper and Kramer, where he was a VP from 2008 to 2014, from PGIM Real Estate Finance, where he was most recently a director and FHA deputy chief underwriter for senior housing and healthcare loans. Before that, he was a VP at Capital One Multifamily Finance.

Todd Bancroft, Draper and Kramer’s president and CEO, cited Vial’s “outstanding track record in FHA/HUD loan underwriting.” Noting that the firm has been an FHA-approved lender since 1937, Bancroft added, “Jacob will help us continue that tradition, not only in servicing our third-party clients, but also in collaborating with our acquisitions and development team to finance our own investments.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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