Levy Family Partners

Levy Family Partners

Lawrence F. Levy established Levy Family Partners in 2003 to oversee the proceeds from the 2000 sale of Levy Restaurants to Compass Group. The office continues to hold the founder’s remaining hospitality and real-estate interests while allocating fresh capital through its real-estate platform. Diversified Real Estate Capital deploys equity in the $50–150 million range per transaction. It participates in office, retail, multi-family, industrial, residential and mixed-use projects, with emphasis on central business district locations. Capital structures include 50–65 percent loan-to-cost debt. Confirmed holdings include River Point at 444 West Lake Street in Chicago, One South Dearborn, One Magnificent Mile, Chicago Mercantile Exchange Center, Park Tower at Transbay in San Francisco, Esperanza Resort in Cabo San Lucas and One Oak Brook Commons in Oak Brook, Illinois. The firm has executed more than $4 billion in transactions and supplied over $1 billion of equity since inception. Geographic reach covers North America with additional exposure through joint ventures in Europe. The Chicago headquarters houses the core investment and asset-management team. Lawrence Levy and Beth Levy maintain separate philanthropic vehicles including the Lawrence Levy and Beth Levy Foundation and the Levy Institute of Entrepreneurial Practice at Kellogg. Larry Levy serves on the boards of the Art Institute of Chicago and Kellogg School of Management and is a long-time YPO member. No new operational events have been recorded in the last 24 months. The office’s structural distinction lies in its integration of a single-family balance sheet with an operating real-estate company that maintains recurring joint-venture relationships, notably with Hines and Ivanhoe Cambridge, allowing direct control over sourcing, structuring and asset management without external fund commitments.