Ian T. O'Banion

Ian O’Banion is counsel and a member of Nixon Peabody’s Real Estate, Finance and Community Development practice team. He represents developers, investors, lenders and property owners in a variety of commercial transactions including real estate and general corporate matters. He is also a licensed architect and member of the American Institute of Architects.

What do you focus on?

Real Estate Development

Drawing on my experience as an architect in California, I advise clients with respect to real estate development matters from the purchase of raw land to the formation of design and construction agreements. I am also part of the firm’s land use and zoning team that thinks strategically about the challenges in California presented by climate change, as well as our clients’ related opportunities for financing, sustainability measures and resource conservation in order to stay ahead of the challenges and to build smarter more resilient communities.

Real Estate Finance and Workouts

I represent lenders, loan services, and borrowers in complex real estate finance matters from loan originations to modifications, workouts and foreclosures. My commercial real estate finance work involves a range of asset classes including office, hospitality, multi-family residential, agricultural, industrial and retail. I assist clients with a variety of real estate finance transactions, such as loans for the acquisition of real property, mezzanine loans, bridge loans, construction loans, securitized loans, and defeasances.

Real Estate Acquisitions, Dispositions, and Leasing

I assist clients with acquisitions and dispositions of all types of commercial real estate from office buildings to vineyards. Additionally, I counsel both landlords and tenants regarding commercial real estate leases, including lease modifications.

Corporate Transactions

I assist companies with entity formation issues as well as corporate transactions such as mergers and asset acquisitions involving real property. Additionally, I advise companies regarding corporate governance, financing, and general business services.

What do you see on the horizon?

There is a great deal of uncertainty in the current market, but there are still plenty of opportunities for strategic real estate investors, developers, and lenders. Those that are able to repurpose existing buildings and assets for new and creative uses will succeed. Certain sectors that are showing signs of distress, such as hospitality and retail, will need to quickly adapt in order to thrive. Infrastructure investment will be a key driver for new development, and there will be opportunities for technological innovation and creative public private partnerships in order to modernize aging urban infrastructure. Sustainability will be increasingly important. Competition for already scarce resources such as water and energy will require companies to continually improve sustainability measures in order to remain competitive and resilient. Lastly, as technology continues to make the world more interconnected, this will facilitate opportunities for foreign investment in both real estate and corporate transactions.


  • Co-presenter, “Bay Area Real Estate in a Hybrid World—2022 and Beyond,” November 16, 2021
  • Co-presenter, “Commercial Real Estate Financing: Loan Document Negotiation,” Practising Law Institute, Virtual Presentation, October 8, 2021
  • “PLI's Restructuring Commercial Real Estate Leases Program,” Practicing Law Institute™, Webinar, January 2021
  • “Real Estate Workouts and Turnarounds,” Nixon Peabody Annual MCLE Seminar, San Francisco, January 2020
  • “Avoiding Missteps When Buying and Selling Commercial Real Estate,” Nixon Peabody Annual MCLE Seminar, San Francisco, January 2019
  • “Real estate and technology: How autonomous vehicles, drones, virtual reality and other emerging technology is shaping real estate construction and development,” Nixon Peabody Annual MCLE Seminar, San Francisco, January 2017

MRM research roundup: Mid-August 2021 edition

Modern Restaurant Management | August 16, 2021

This state-of-the-restaurant-industry and outlook article includes NP’s Q3 Food & Beverage Crystal Ball, covering trends around labor shortages, ransomware attacks, wildfires, and brewery distribution agreements. The insights were provided by Intellectual Property co-leader and Cybersecurity & Privacy team leader Jason Kravitz and Corporate associate Anthony Bova, both in Boston; Providence Labor & Employment counsel Jessica Schachter Jewell; and San Francisco counsel Ian T. O’Banion, and Albany associate Dana P. Stanton, both of the Affordable Housing & Real Estate group

MRM Research Roundup: End-of-October 2020 Edition

Modern Restaurant Management | November 02, 2020

This roundup of current industry issues to watch highlights several thought leadership pieces from NP’s recently published fourth-quarter Food & Beverage Crystal Ball. The publication summarizes trends provided by San Francisco partner Alison Torbitt and counsel Ian O’Banion, both of the Affordable Housing & Real Estate Group; Rochester Corporate associate Isaac Figueras; and San Francisco Labor & Employment associates Rachel Conn and Maritza Martin.

New considerations when buying and selling San Francisco apartment buildings

Globe St. | November 04, 2019

San Francisco Affordable Housing & Real Estate associate Ian O’Banion wrote this contributed article outlining new legislation affecting the sale of real estate in San Francisco, including a statewide rent control law and a local measure granting certain nonprofits the first opportunity to purchase buildings or land that go up for sale.

4 New considerations in California real estate law

Law360 | March 14, 2019

San Francisco Affordable Housing & Real Estate associate Ian O’Banion wrote this contributed article outlining four significant changes in California real estate law and how they will impact commercial landlords, tenants and developers.


Ian T. O'Banion


San Francisco

Phone: 415-984-8313

Fax: 844-631-5904

University of San Francisco School of Law, J.D., magna cum laude (Business Law Certificate; CALI award recipient for excellence in Real Estate Transactions, Corporations, California Construction Law, Legal Research & Writing and Federal Income Taxation; McAuliffe Honor Society)

University of Oregon, B.Arch., summa cum laude


  • Named to the 2022 list of “Ones to Watch” by The Best Lawyers in America© for Real Estate Law in San Francisco, CA

  • Architect and Member, American Institute of Architects
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