Phillip N. Coover is an experienced commercial real estate attorney and advisor who helps clients find strategic solutions and maximize the value of their real property.
Phillip is skilled in closing complex, difficult transactions. His background as a commercial litigator, business owner and licensed real estate broker gives clients a big-picture approach to corporate and real estate transactions, and acquisition and sales. He also handles leasings, including receiverships and other distressed assets, foreclosures, commercial bankruptcy creditor representation, business disputes and breach of fiduciary duties, and debt collection.
Because of his philosophy of adding value to every transaction, real estate clients trust Phillip to be the sole resource for all their issues, from commercial real estate acquisition and sale, to divestiture, to commercial retail and offices leasing, to zoning issues and handling their litigation needs. Phillip has successfully closed millions of dollars of commercial property and obtained millions of dollars of judgments against adverse parties.
He regularly counsels local and national commercial real estate investment companies, real estate developers, real estate development and brokerage companies, private equity lending companies, property management companies and business owners on a local and national basis.
With a background as chairman of the Chicago Bar Association’s commercial litigation committee, and multiple time recipient of the Illinois Super Lawyers Rising Star award in business litigation, Phillip helps clients foreclose on properties, collect debts, evict non-paying commercial tenants, enforce contracts, defend false allegations, and achieve litigation success.
Even though Phillip is a member of the federal trial bar, he looks for opportunities to resolve matters in arbitration, mediation, and settlement conferences before and during litigation to minimize costs and maximize recovery.
Phillip is frequently called upon to speak on real estate and business trends including commercial landlords’ rights, creditors' rights, and receivership obligations and duties. He unpacks and analyzes commercial real estate trends as host of the firm’s Real Estate for Breakfast podcasts.
He is a runner and lives with his wife and children in Riverside, IL. He is also involved in club governance with the University Club of Chicago.
DePaul University College of Law, J.D., 2007
University of Illinois, B.A. in Economics and Political Science, 2004
Admissions and Licenses
United States District Court for the Northern District of Illinois
United States Bankruptcy Court for the Northern District of Illinois
Trial Bar for the Northern District of Illinois
Illinois Licensed Real Estate Managing Broker
Chair of the Commercial Litigation Committee of the Chicago Bar Association
University Club of Chicago - Governance
International Council of Shopping Centers (ICSC)
Awards and Recognitions
Super Lawyers Rising Star in Business Litigation
Leading Lawyer - Emerging Lawyer in Commercial Litigation; Real Estate Law: Commercial; Finance
Named to the Who’s Who list by Top Attorneys in North America