John G. Balboni
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(617) 338-2438
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(617) 338-2880
John G. Balboni is a partner in our Boston-based Real Estate and Corporate Practice Groups. His practice in real estate and finance law focuses on structured real estate transactions (with a focus on foreign investors), private / preferred equity investing, syndicated real estate projects, including limited partnership, limited liability company and tenant in common interests, lending matters and fund formation. His clients include real estate companies, hedge funds, insurance and finance companies, developers, investment bankers, local, national and international banks, REITs and other institutional investors.
Representative Client Work
- Represented hedge fund in the structuring and investing in multiple preferred equity ventures involving both turnaround and stabilized real estate
- Represented life insurance company in the acquisition of a $23 million secondary private placement transaction involving eight properties backed by finance leases
- Represented sponsors in all aspects of tenancy in common and Delaware statutory trust offerings, including real estate acquisitions, securities-related issues including drafting private placement memorandum and non-performing assets involving over $1 billion of real estate
- Represented off-shore buyer in connection with the acquisition of U.S.- based office/retail buildings totaling $300 million
- Represented issuer/lessor in the $125 million placement of senior notes for the construction of a headquarters office building and the conversion of such structure into a credit-tenant loan upon completion
- Represented sponsors in the formation of opportunity funds with an emphasis on mezzanine and bridge financing
- Represented underwriter and lending panel in the $400 million lease financing of a downtown Chicago office tower
Speaking Engagements
- Moderator – "Real Estate Value Add Opportunities in Real Estate Debt and REO," Real Estate Investment Securities Association (REISA) 2011 Annual Conference (October 2011)
- Panelist – "Distressed Debt 202 Buying Through Sr. Positions/CMBS," Real Estate Investment Securities Association (REISA) 2011 Spring Symposium (March 2011)
- Panelist – "There is still gold in those hills; you just need to know how to mine deep," and "How to deal with deals going sideways - issues facing reps today. Capital calls, distribution reductions, bad sponsors, lack of communication, co-owner issues, client fears," The Real Estate Investment Securities Association (REISA) (October 2009)
- Panelist – "Trends & Drivers for Today’s 1031 Exchange Marketplace," RealShare NET LEASE Annual Conference, New York, NY (April 2009)
- Speaker – "Closing a TIC Deal – Going In and Going Out," Tenant In Common Symposium, Salt Lake City, UT (March 2008)
- Panelist – "Performance Matters: When is a Problem Not ‘Just Real Estate’," Real Share Annual Conference, Los Angeles, CA (June 2007)
- Panelist – "TIC 101 – Basic Training," Tenant-In-Common Association, Las Vegas, NV (October 2006)
- Panelist – "Tenant-In-Common Best Practices," Institute for International Research, Los Angeles, CA (July 2006)
- Moderator – Tenant-In-Common Market Update, Real Share Boston, Boston, MA (March 2006)
- Panelist – "Broker Dealer Regulatory Guidance & Compliance Issues," Tenant-In-Common Transactions Forum, New York, NY (November 2005)
- Moderator/Panelist – "TIC Growth Phenomenal: From $750 Million in 2003 to Projected $4 Billion in 2005," SF’s 1031 Exchange Conference, Boston, MA (September 2005)
Publications
- Battered Boston Investors Hope for Better Year, Banker & Tradesman (December 26, 2011)
- Repeat Users See 1031 Exchanges as the Gift that Keeps on Giving, The Real Reporter (August 20, 2009)
- NE Commercial Real Estate Professionals Assess TIC Triumphs and Travails, The Real Reporter (August 6, 2009)
- Critical Issues to Consider for the First Time Tenant-In-Common Sponsors, New England Real Estate Journal (March 2006)
- INSIDER: New Law Adds Complexity to Tax-Motivated Real Estate Transactions Involving Property Leased to Tax-Exempt Lessees, TIC Monthly (September 14, 2005)
- Tenant-In-Common Interests: Ideal Section 1031 Replacement Property (with Robert LeDuc), New York Real Estate Journal (September 5-11, 2005)
- Versatility, Speed Make Tenant-in-Common Structures Attractive, Banker & Tradesman (May 9, 2005)
- When Multiple Owners Purchase Real Estate: 10 ways to a less stressful and cheaper closing (with Howard Levin), New England Real Estate Journal (September 5-11, 2003)
- Sale-Leaseback Market Update, Pepe & Hazard Real Estate/Finance Newsletter (Summer 2003)
- Market Woes Stymie Synthetic Leases, But Some Options Exist (with Nancy Cullen), Boston Business Journal (July 19-25, 2002)
Professional & Civic Activities
- Fellow, American College of Investment Counsel
- Real Estate Finance Association
- National Association of Industrial and Office Properties (NAIOP)
- Real Estate Investment Securities Association
- Board Member, St. Agatha’s Parish School
- Boston’s Future Leaders Program, Greater Boston Chamber of Commerce, 2012
News
- June 14, 2011
Sullivan & Worcester LLP Receives Top Rankings in Six Categories in the 2011 Edition of The Legal 500 United States
S&W Press Release
Seminars & Speaking Engagements
- October 16-18, 2011
Real Estate Value Add Opportunities in Real Estate Debt and REO - May 24, 2011 (4:45 p.m.)
Implementing Smart, Successful Ideas in an Ever-Changing Commercial Real Estate World - March 21-22, 2011
Distressed Debt 202 Buying Through Sr. Positions/CMBS
Practices
- Construction & Development
- Corporate
- Financings
- Real Estate
- Real Estate Acquisitions/Sales
- Real Estate Finance
- Real Estate Leasing
Industries
- Banking
- Insurance
- Real Estate
- Real Estate Development & Construction
- Real Estate Lending
- Retail & Restaurants
- Tenant in Common [TIC]
Bar Admissions
- Connecticut, 1995
- Massachusetts, 1996
Education
- B.A., College of the Holy Cross, 1992
- J.D., cum laude, Suffolk University Law School, 1995