Philip Edison is a partner in the firm’s Corporate Finance Department and is also a member of the firm's Real Estate Group. Philip focuses his practice on representing real estate debt funds, banks, insurance companies, and other institutional investors on real-estate-related issues in real estate loans, credit tenant loans, project finance, medical office/health care finance, and other finance transactions.
Philip also represents property owners, real estate investors and tenants in acquisition and disposition, easements, construction, and leasing.
- Represented institutional investors in simultaneous twin, multiple tranche transactions amounting to $250 million for the refinance of two US Government leased office buildings totaling over 800,000 square feet in the Washington, DC area.
- Represented private debt fund in construction and mini-permanent loan for construction of resort hotel in Napa, California.
- Represented private debt fund in numerous mezzanine loans.
- Represented institutional investors in a staged-funding, $40 million construction loan for a bio-digester in the Midwest.
- Represented institutional investors in the finance of an expansion of a hospital and medical office facility in Texas.
- Represented pension fund investors in the $57 million finance of a multi-state medical office portfolio.
- Negotiated a $70 million credit tenant loan financing used to fund the acquisition and remaining construction costs for a facility leased to the General Administration for the National Oceanic and Atmospheric Administration (NOAA) located in Maryland. The financing funded the acquisition of the NOAA Facility from a Maryland receiver that took over control of the NOAA facility after the previous owner of the facility filed for US bankruptcy protection.
- Negotiated a $131 million credit tenant loan financing to fund the construction and development for a built-to-suit headquarters office building for the National Institute of Allergy and Infectious Diseases located in Maryland.
- Real estate counsel for lender in $125 million acquisition of 22 medical office buildings in the southeast.
- Lead outside real estate counsel for a national railroad in the land acquisition and development of a $400 million intermodal facility located on 780 acres in suburban Chicago. The transaction included all due diligence, sophisticated title and survey work, negotiating easements and crossing agreements with multiple pipeline companies for more than 20 pipeline crossings, monitoring annexation, rezoning, and vacation of public streets, negotiation of an easement across US Government property and negotiating a private road agreement between the railroad and an adjacent business park.
- Counsel for the sole investor in $150 million of senior notes as part of a $210 million financing in which the senior notes were secured by first mortgages on 110 drill sites in the Fort Worth, Texas area, as well as by an assignment of a drill-site lease to a wholly owned subsidiary of Chesapeake Energy Corporation.
- Real estate counsel for numerous tenants in office space leases including in financial services, not-for-profits, municipal agencies, and technology.
- Represented multiple lenders in real estate work-outs and in the sale of OREO properties.
Chicago-Kent College of Law, J.D., 1996
Ohio University, B.S.S., cum laude, 1993
- Synthetic Lease for a Railroad’s Corporate Headquarters
Chapman served as counsel to the arranger and bank lessor in a $550 million synthetic lease for a US railroad’s new corporate headquarters. The to-be-constructed headquarters comprises approximately 750,000 square feet of office space and related ancillary services for employees.