
Chapman served as initial purchaser’s counsel on a $172 million commercial property assessed clean energy (C-PACE) financing of a landmark 910,000 square foot office building in Oakland, California. The transaction marks the largest C-PACE loan on an office property in the United States to date. The financing supports the transformation of a more than 60-year-old office structure into a state-of-the-art green building, improving energy efficiency and water conservation, as well as seismic resilience and safety. Deal team members included Chapman attorneys Hillary Phelps, David Sykes, Larry White, Kent Floros, Seema Patel, and Alex Pollard and finance law analysts Caroline Dudlak and Hannah Klein.