skip to main content
Experience List
DWT
  • Email Page
  • Create PDF
  • Print Page

Tiffany K. Switzer

SwitzerTiffany
Partner
T213.633.8615
F213.633.6899

Tiffany Switzer represents lenders, real estate developers, and investors in connection with the acquisition, construction, disposition, and financing of real estate development projects. Over the course of her career, Tiffany’s practice has included work in almost all areas of real estate law, with a significant portion of that work being dedicated to the representation of lenders, including both domestic and foreign banks. Her work for these lenders has included documentation of construction loans, permanent loans, revolving lines of credit, letter of credit facilities, foreclosures, and real estate loan "workouts."

Tiffany has extensive experience in projects which qualify for low-income housing tax credits and tax-exempt bond financing. She has 14 years of experience in the area of affordable housing financing and closes approximately 15 new financing transactions involving either 4% or 9% tax credits each year. Among her clients are U.S. Bank National Association, Bank of America, N.A., Wells Fargo Bank National Association, 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 financing of affordable housing project with USDA financing

Represented national bank with a low-income affordable housing construction loan of approximately $14 million. Additional project financing included USDA 514 loan proceeds and funding from both the county and local housing authority for the property. (2015)

Construction and permanent financing of affordable housing projects in San Diego

Represented national bank with two adjacent projects in San Diego, each with a first position bond construction loan and a second position construction loan totaling approximately $33 million of construction financing from the bank. Both project utilized both tax-exempt bond financing and tax credit financing. (2015)

Financing for retail center in Las Vegas

Represented foreign bank in connection with a $220 million loan secured by an approximately 1.1 million-square-foot retail center in Las Vegas. (2014)

Syndicated construction loan for multi-family project in Menlo Park

Represented lead bank in a $96 million syndicated loan for the development and construction of a 394-unit multi-family apartment complex in Menlo Park, California. (2014)

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. 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 with an aggregate value of 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