Overview
Michael Beinus represents clients in a wide range of tax matters, including complex partnership transactions, real estate investment trusts (REITs), debt and equity offerings, restructurings, investment fund formations, and mergers and acquisitions.
Michael has represented various prominent public and private REITs, real estate and private equity funds, and sovereign wealth funds. His representations have been profiled in numerous publications, and he has been listed among the “Bankruptcy Tax Specialists in the Nation's Major Law Firms” by Turnarounds & Workouts and in The Legal 500 United States. Michael was also named as a leading lawyer for REITs: Tax by Chambers USA in 2021–2024, and the 2016–2024 editions of The Best Lawyers in America® in the field of Tax Law.
Prior to joining Kirkland, Michael was a partner at Skadden, Arps, Slate, Meagher & Flom LLP.
Experience
Representative Matters
While at Kirkland, Michael’s representative experience includes:
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KKR in its investment in Precipart, a provider of highly engineered precision components for medical device and aerospace industries;
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Oaktree Capital Management in the formation of Oaktree Opportunities Fund XI, a $15.9 billion fund, known as the largest distressed debt fund ever raised in the market and Oaktree’s largest fund in history;
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Oaktree Capital Management, L.P. in its investment in System One Holdings, LLC;
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Jaws Acquisition Corp., a special purpose acquisition company sponsored by Barry Sternlicht, in its $4.4 billion business combination with Cano Health;
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Funds advised by Centerbridge Partners, L.P. in its acquisition of American Bath Group, LLC;
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KKR as part owner of Gardner Denver Holdings Inc., on the tax aspects of Gardner’s combination with the industrial division of Ingersoll-Rand plc in a transaction valued at $15 billion;
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HH Global Group Limited in its acquisition of InnerWorkings, Inc.;
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Oaktree Transportation Infrastructure Fund in its acquisition of Dow’s North American rail infrastructure assets, in partnership with Watco Companies;
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TPG Real Estate Finance Trust in its strategic investment by Starwood Capital;
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The Special Committee of the Board of Directors of Taubman Centers, Inc. in Taubman’s $9.8 billion merger and joint venture with Simon Property Group;
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GLP in the $18.7 billion sale of its U.S. logistics business to Blackstone, the largest-ever private real estate transaction globally;
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Blackstone Group and its portfolio company Cloverleaf Cold Storage in the $1.24 billion sale of Cloverleaf to Americold Realty Trust;
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Infineon Technologies AG in its $10.1 billion acquisition of Cypress Semiconductor Corporation;
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TPG Real Estate Partners in the formation of its $3.7 billion TPG Real Estate Partners III, L.P.;
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The Ensign Group, Inc. in its spin-off of its home health, hospice and senior living assets into the Pennant Group, Inc.;
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Avaya Holdings Corp. in its strategic partnership with RingCentral, Inc.;
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Equity One in its $15.6 billion merger with Regency Centers Corporation, creating the preeminent shopping center REIT in the U.S.;
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Marriott Vacations Worldwide Corporation in its $4.7 billion acquisition of ILG;
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Swift Transportation in its $6 billion stock-for-stock merger with Knight Transportation;
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Starwood Capital Group in its $2.85 billion acquisition of Milestone Apartments Real Estate Investment Trust;
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Starwood Capital Group and Milestone Apartments Real Estate Investment Trust (TSX: MST.UN), in the acquisition of Landmark Apartment Trust for an enterprise value of approximately $1.9 billion;
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The Special Committee of the Board of Directors of Safehold Inc. in connection with Safehold’s strategic merger with its controlling shareholder iStar Inc. and related spinoff of iStar assets into a new publicly traded company;
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Blackstone in its investment in Rockpoint Group;
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Blackstone in its acquisition of the Center For Autism and Related Disorders, LLC;
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Blackstone in its investment in Cloverleaf Cold Storage;
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Blackstone in its acquisition of SESAC Holdings, a leading music rights organization, from Rizvi Traverse Management;
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Blackstone in its acquisition of TeamHealth;
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KKR in its strategic investment in UFC;
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Sycamore Partners in its $3 billion acquisition of Belk, Inc.;
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The Gores Group in its $1.325 billion sale of Therakos, Inc., to a Mallinckrodt plc subsidiary;
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Crescent Capital BDC, Inc. in its acquisition of Alcentra Capital Corporation; and
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Calabrio, a portfolio company of KKR, in its acquisition of Teleopti.
Prior to joining Kirkland, Michael represented clients in several noteworthy transactions, including:
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Nationwide Health Properties, Inc. in its $7.4 billion acquisition by Ventas, Inc., a transaction that created one of the largest publicly traded REITs and the leading health care REIT by equity value;
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Metro-Goldwyn-Mayer Studios Inc. and affiliated entities (MGM) in a prepackaged bankruptcy that was named 2011 "Media, Entertainment or Telecom Deal of the Year" by The M&A Advisor;
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Youku Inc. in its $1.1 billion merger with Tudou Holdings Limited, a transaction recognized as 2012 "M&A Deal of the Year" at the China Law & Practice Awards;
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Colony Capital in its $660 million acquisition by Colony Financial, Inc. of substantially all of Colony Capital’s real estate and investment management businesses and operations;
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Centro Properties Group in several acquisitions, as well as the $9.4 billion sale of its U.S. shopping centers to The Blackstone Group L.P. — the second-largest retail real estate acquisition ever — and its $4 billion debt restructuring, a transaction that won the "2008 Cross-Border Deal of the Year Award" at The M&A Advisor Turnaround Awards;
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Thomas Properties Group Inc. in its $1.2 billion merger with Parkway Properties Inc.;
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The Ensign Group, Inc. in the spin-off of its health care and real estate businesses into separate, publicly traded companies: The Ensign Group, Inc. and CareTrust REIT, Inc.;
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Recruit Co., Ltd. in its acquisition of Indeed Inc.;
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OPI Products, Inc. and its owners in the sale of the company to Coty Inc.;
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TOMS, Inc. and its owners in the sale of half the company to Bain Capital;
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Glamglow and its owners in the sale of substantially all of its assets to The Estée Lauder Companies Inc.;
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Apollo Investment Corporation, an affiliate of private equity firm Apollo Management, L.P., in its $1.5 billion leveraged buyout of Innkeepers USA Trust in a going-private transaction;
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The Walt Disney Company in its $7.4 billion acquisition of Pixar Animation Studios; and
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Providence Equity Partners, Texas Pacific Group and DLJ Merchant Banking as part of a consortium of buyers in connection with the acquisition of Metro-Goldwyn-Mayer Inc.
More
Recognition
Recognized in The Legal 500 United States for International Tax, 2021–2022, Real Estate Investment Trusts (REITS), 2019 and 2022–2024, US Taxes: Non-Contentious, 2016 and 2021–2022, and Domestic Tax, 2015
Credentials
Admissions & Qualifications
- New York
- District of Columbia
- California
Education
- University of California College of the Law, San FranciscoJ.D.1999
- University of California, BerkeleyB.A.1996