Bill A. Levy, P.C. - Partner

PDF Print Friendly Page
Bill A. Levy, P.C.

Download V-Card

Chicago
Phone: +1 312-862-3322
Fax: +1 312-862-2200
Overview News Events Publications

Professional Profile

Bill Levy is a partner in the Tax Group, ranked in Band 1 for its Chicago practice by Chambers USA. Bill has been listed as a leading lawyer each year since 2014 in Chambers USA. In the 2018 edition of Chambers USA, clients praised Bill as a “consummate professional” and is further commended as “diligent, thoughtful, creative, timely and responsive.” He has also been listed as a “leading lawyer” in The Legal 500 United States for US Taxes: Non-Contentious every year since 2012.

Bill focuses his practice on complex tax matters relating to real estate transactions, corporate restructurings and corporate finance. He has advised clients on public and private limited partnerships, public and private real estate investment trusts and other real estate funds and operating companies. He has represented REITs and other real estate operating companies in their formation, IPOs, mergers and acquisitions, financings, complex joint ventures, as well as in-bound and out-bound investments, and has more than 20 years of experience in securitization of almost every asset class. Bill has also advised U.S. based multinational companies with regards to worldwide tax planning, inbound investments, and effective rate management.


Representative Matters

Fund Formations

  • Represented Aeroterm in the formation of an approximately $500 million open-end fund to acquire on airport distribution facilities.

  • Represented GEM Realty Partners in the formation of its open end real estate investment fund.

  • Represented Starwood Capital Group in the formation of Starwood Opportunity Fund X and Starwood Opportunity Fund XI.

  • Represented GEM Realty Partners in the formation of GEM Fund V.

  • Represented Meridian Realty Group in the formation of Fund I and Fund II.

  • Represented CarVal in the formation of RVF III and RVF IV.

  • Represented Covenant in the formation of Covenant VIII.

  • Represented William Harris in the formation of WHIREP Fund II and WHIREP Fund III.

  • Represented Starwood Capital Group in its formation of a fund to acquire hotel portfolio.

Co-Invests and LP Representation

  • Represented Meridian Realty Partners in a co-investment for a multi-use, multi-phase development project in the Washington, D.C. metropolitan area.

  • Represented Starwood Capital Group in the formation of a co-investment vehicle to acquire an interest in 11 regional malls from Westfield and Macerich.

  • Represented Starwood Capital Group in the formation of a co-investment to acquire an interest in TMI Hospitality.

  • Represented Starwood Capital Group in the formation of a co-investment vehicle to acquire 4 regional malls from Taubman.

  • Represented Starwood Capital Group in the formation of a co-investment vehicle to acquire a portfolio of UK hotel convention facilities.

  • Represented GEM in a co-investment to acquire an interest in 3 First National Bank Plaza in Chicago, Illinois.

  • Represented Meridian in a co-investment to acquire Washington office buildings.

  • Represented a large Middle Eastern investor in numerous investments into numerous joint ventures and over a dozen real estate funds.

Restructurings

  • Represented Magnum Hunter Resources in its Chapter 11 filing, ongoing restructuring, and NOL utilization optimization.

  • Represented Edison Mission Energy in the restructuring of its lessee obligations under the Homer City generation facility leveraged lease.

  • Represented Edison Mission Energy in the restructuring of its lessee obligations in the Joliet and Powerton generation facility leveraged leases.

  • Represented Edison Mission Energy in the restructuring of its $3.7 billion of senior unsecured indebtedness, including obtaining an approximately $600 million settlement payment in respect of its tax sharing agreement with its parent, Edison International.

  • Represent Caesar’s Entertainment Operating Company in the restructuring of its approximately $18 billion of indebtedness and its ongoing efforts to restructure its operations utilizing a real estate investment trust to own the associated real estate assets.

  • Represent Energy Future Holdings in the restructuring of its approximately $45 billion of indebtedness and its potential efforts to restructure its ownership interest in Oncor’s electric transmission and distribution business utilizing a real estate investment trust to own the transmission and distribution assets.

  • Represent Ultra Petroleum Resources in its Chapter 11 filing, ongoing restructuring, and NOL utilization optimization.

Mergers and Acquisitions

  • Represented Starwood Capital Group in its $5.5 billion acquisition of approximately 65 multi-family housing properties from Equity Residential Trust

  • Represented Starwood Capital Group and Milestone Apartments REIT in its $1.9 billion acquisition of Landmark Apartment Trust

  • Represented significant private equity investor in its $540 million acquisition of the Doubletree Times Square from Sunstone Hotels.

  • Represented Starwood Capital Group in its acquisition of 3 regional malls from Macerich.

  • Represented Starwood Capital Group in its $1.6 billion of 8 regional malls from Westfield.

  • Represented Starwood Capital Group in its acquisition of 7 regional malls from Taubman.

  • Represented Aeroterm in the approximately $1 billion acquisition of on-airport distribution facilities from a joint venture between Aeroterm and Calpers.

  • Represented Ventas Inc. in its $1.8 billion acquisition of hospitals from Ardent Medical Services.

  • Represented Sam Zell and Equity Group in connection with its acquisition of an interest in Commonwealth REIT (now Equity Commonwealth).

  • Represented Starwood Capital Group in its disposition of a portfolio of 280 select services hotels.

  • Represented Starwood Capital Group in its sale of a minority interest to Dyal Capital Partners.

© 2018 Kirkland & Ellis LLP