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Tiffany K. Switzer


Tiffany Switzer represents lenders, real estate developers, and investors in connection with the acquisition, construction, leasing, disposition and financing of real estate development projects.

Tiffany has extensive experience in projects which qualify for low-income housing tax credits and tax-exempt bond financing. She has over 12 years of experience in the area of affordable housing financing and has closed 25 such financing transactions involving either 4% and 9% tax credits in the last two years alone. She represents several major banks on such affordable housing transactions.Among her clients are U.S. Bank National Association, Bank of America, N.A. and California Community Reinvestment Corporation.

Additionally, Tiffany also represents developers and equity investors in acquisitions, dispositions and financing of a variety of types of real estate, including hotels, office complexes, retail shopping centers, industrial and mixed use properties.

Representative Experience

Construction and permanent financing of affordable housing project

Represented national bank in connection with the construction and permanent financing of a 17-story apartment complex with commercial space located in San Diego, Calif. The financing included both a 4% tax credit bond purchase and a 9% tax credit loan which aggregated to over $48 million for the project. (2013)

Construction financing of affordable housing projects with HUD financing

Represented national bank in connection with two loans to two affiliated borrowers to provide construction financing on two affordable housing apartment projects located in Los Angeles, Calif. aggregating approximately $25 million. Both loans include HUD construction financing as well as other soft debt. (2013)

Purchase of multifamily housing revenue bonds

Represented national bank in connection with its purchase of approximately $24 million tax-exempt multifamily housing revenue bonds secured by a ground leasehold interest in a 90-unit apartment complex located within a mixed use planned community in Oakland, Calif. (2013)

Acquisition of hotel real estate

Represented equity investor in the acquisition of hotel in Costa Mesa, Calif. (2012)

Sale of mixed use property following foreclosure

Represented foreign seller in connection with the disposition of a mixed use property which included office, medical and residential property located in Pasadena, Calif. following its foreclosure of such property. (2012)

Additional Qualifications

  • Associate, DLA Piper (US) LLP, Los Angeles, 2006-2012
  • Associate, Paul Hastings Janofsky & Walker, Los Angeles, 2001-2006