James H. Levine has extensive experience in health care financing and in the representation of banks, other financial institutions and borrowers in HUD-insured loan transactions for multifamily and senior housing facilities.
Working out of the Chattanooga and Washington, D.C. offices, Jim practices in the areas of commercial lending, mergers and acquisitions, business organizations and commercial contracts, and has been counsel in hundreds of HUD-insured loans in the senior housing industry totaling approximately $2 billion in over 40 states.
Jim has done extensive work on behalf of the American Bar Association and the Mortgage Bankers Association in providing comments to HUD’s new multifamily and health care form loan documents, closing guides and opinion letters.
Jim has wide-ranging experience in issues related to limited liability companies and has been a member of the Tennessee Bar Association’s committee charged with modernizing Tennessee business organization laws. He also has extensive experience in the preparation and negotiation of commercial finance and corporate legal opinions.
- Tulane University Law School, J.D., 1997, cum laude
- Yale University, B.A., 1992
- District of Columbia, 2015
- Georgia, 2007
- Tennessee, 1997
- Led representation of a client as lender’s counsel in $19.5 million portfolio of HUD Section 232/223(f) HUD loans for five health care facilities located in South Carolina, North Carolina and Georgia.
- Represented a client as borrower’s counsel in $100.2 million portfolio of HUD Section 232/223(f) HUD loans for nine skilled nursing facilities located in Indiana, Michigan, Ohio and Kentucky. These loans were unique in that several of the facilities are subleased to county-owned hospitals in Indiana in order to take advantage of enhanced Medicaid reimbursement and the facilities were all owned by subsidiaries of a health care REIT.
- Represented a lending client in $55.3 million HUD Section 232/223(f) financing of four Illinois supportive living facilities. The four facilities were subject to a master lease and also had separate accounts receivable financing.
- Representation of a client in $12.7 million HUD Section 232/241(a)) financing for the construction of an addition to an Indiana skilled nursing facility.
- Representation of a client in $23.5 million HUD Section 232/223(f) financing of a Nebraska health care facility.
- Representation of a client in $12.4 million HUD Section 223(f) financing of a Florida low-income senior housing facility.
Professional Honors & Activities:
- Member – Chattanooga, Tennessee, Georgia and American Bar Associations
- Former Board Member – Chattanooga Area Chamber of Commerce
- Board of Commissioners – Chattanooga Housing Authority (2013 to present)
- Member – Rotary Club of Chattanooga
- Former Board Member – T.C. Thompson Children’s Hospital Foundation
- Former Board Member and Former Chairman of the Baroness Foundation (the charitable foundation arm of Erlanger Hospital)
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