Industries

REAL ESTATE/LAND USE

2011 Legal Elite profile

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Whitney Jackson Levin
Wharton Aldhizer & Weaver PLC
Staunton

Title: Associate
Other legal specialties: Business and commercial Law, trusts and estates
Birthplace: Born in Chattanooga, Tenn., raised in Waynesboro
Education: Bachelor’s degree, Pennsylvania State University (Phi Beta Kappa); law degree, University of Tennessee College of Law (magna cum laude)
Husband: Jason D. Levin
Children:  6-year-old son, 3-year-old daughter
Hobbies: “Painstakingly restoring our old Victorian home, playing with my children and reading”
First job as a lawyer:  Law clerk for the Hon. Jerome B. Friedman in the U.S. District Court for the Eastern District of Virginia, Norfolk Division
Fan of:  Fencing
Favorite vacation spot: Jost Van Dyke, British Virgin Islands
Recently read book: “ A Tale of Two Cities” by Charles Dickens

Is the commercial real estate market beginning to revive?  
“There has been some gradual progress compared to a couple of years ago. For those who have the funds, this is a great time to invest, and in doing so, they are doing their part in moving the commercial real estate market towards a faster recovery. Although it is very unlikely that we will ever see the inflated values of several years ago, I am encouraged by the steady, but conservative, movement in the market.”

What needs to happen for the industry to fully recover? 
“In order to keep the real estate market moving in a positive direction, lenders need to make sure that they make funds available to those clients who are capable of purchasing and developing the many commercial properties which are currently on the market. In addition, developers must not be reluctant to invest in the market again but must factor patience into their development expectations.”

 


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