Philip B. Whitaker

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1800 Republic Centre
633 Chestnut Street
Chattanooga, Tennessee 37450
T: 423.209.4182
F: 423.752.9572

Philip Whitaker, a shareholder in the Firm's Chattanooga office, concentrates his practice in real estate, business transactions and estate planning, including commercial and residential real estate development and finance transactions, as well as health care and senior housing financing and acquisition and development of long term care facilities. Mr. Whitaker's practice also includes the drafting of wills and trusts and the implementation of sophisticated estate planning strategies.

Representative Matters

  • Represented regional long-term care provider in negotiating and closing a $6.5 million loan for the construction of a 50-unit, 75-bed personal care home in the state of Georgia.
  • Represented national transportation carrier with negotiation and sale of regional transportation terminal in the state of Nebraska.
  • Represented regional long-term care provider with $7.5 million lease-purchase of 180-bed skilled nursing facility and 70-unit residential care facility.
  • Represented regional long-term care provider with $9.3 million purchase of 152-bed skilled nursing facility and 340 unit assisted living facility.
  • Represented regional real estate developer with development and sale of 24-unit, 35-unit and 48-unit mixed-use condominium developments.
  • Represented national transportation carrier with acquisition of leasehold interests in distribution centers located in Arizona, Georgia, Illinois, Michigan, New York, Ohio, Pennsylvania, Texas, Utah and Washington.
  • Represented national long-term care provider with sale of long-term leasehold interest in 240-bed skilled nursing facility.
  • Negotiated and closed re-finance of $19 million loan secured by 29,000 sq. ft. office building and terminal situated on 48-acre site in southern California.
  • Represented national transportation carrier with $5.3 million refinance of indebtedness secured by terminals in Tennessee and Georgia.
  • Represented national transportation carrier in purchase of undeveloped 38-acre tract of land followed by construction of 2,000 foot public road and state-of-the-art transportation terminal.
  • Represented national transportation carrier in re-finance of $3.6 million loan secured by warehouse and transportation terminal.
  • Negotiated and closed drop yard leases in multiple locations, including California, Georgia, Illinois, Louisiana, Texas and Washington.

Publications & Speaking Engagements

  • Presenter − "Tax Aspects of Qualified Conservation Easements," Lorman Educational Services, August 28, 2012
  • Author − "What is a Navigable Waterway and Why Does it Matter?" Hamilton County Herald, 2012
  • Author − "Termination Clauses in Real Estate Purchase Agreements," Hamilton County Herald, 2012
  • Author − "Errors in a Legal Description Don't Necessarily Invalidate a Deed," Hamilton County Herald, 2012

Professional Honors & Activities

  • AV® Preeminent™ Peer Review Rated by Martindale-Hubbell
  • Listed in The Best Lawyers in America® in the area of Real Estate Law since 2010 
  • Listed in The Best Lawyers in America® in the area of Commercial Litigation since 2010
  • Listed in The Best Lawyers in America® in the area of Trusts & Estates Law since 2010 
  • Military Service:
    • Lieutenant (j.g.), U.S. Navy 1983 – 1986

Admissions

    • Tennessee, 1989

Education

  • University of Tennessee, J.D., with high honors
    • Tennessee Law Review
    • Order of the Coif
  • University of Virginia, B.A.