Mr. Phair acquired controlling interest of Holladay Properties in 1999. He is the managing partner of approximately 75 commercial partnerships. Over a dozen of these partnerships are joint ventures with firms like the Purdue Research Foundation, the Congregation of the Sisters of the Holy Cross, Delaware Investors and the Mills Family. Holladay Properties is in the top five largest asset management firms of medical office space in the country. Since 1998, Mr. Phair has led the development of approximately $50 million of new construction per year, including three of the four largest mixed-use parks in Indiana.
Mr. Phair joined Holladay in 1978 after spending seven years in the mortgage-banking field in Denver, Colorado and South Bend, Indiana. He is the former chairman of Trustcorp Mortgage Company and a current board member, on the board of 1st Source Bank and investor in several small businesses.
Mr. Phair has been involved with numerous civic organizations, including the Boys & Girls Club of St. Joseph County, Family & Children's Center, WNIT Public Television, the South Bend Civic Theatre, the Alliance of Indiana (IU Kelly School of Business) Project Future and the Villages of Indiana. He is a graduate of Marquette University.