Davis Polk advised Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Zelman Partners LLC as joint book-running managers in connection with the initial public offering of 7,750,000 shares of Class A Common Stock of UCP, Inc. The Class A Common Stock is listed on the NYSE under the symbol “UCP”.

UCP, Inc. is a homebuilder and land developer, with significant land acquisition and entitlement expertise, in growth markets in Northern California and with a growing presence in markets in the Puget Sound area of Washington State.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Stephen Salmon and Siyu Jiang. The tax team included partner Rachel D. Kleinberg and associate Catherine Paskoff Chang. Counsel James P. McIntyre and associate Gregory A. Goldman provided real estate advice. Counsel Cynthia Akard provided executive compensation advice. Nam Kim was the legal assistant on the transaction. Members of the Davis Polk team were based in the Menlo Park and New York offices.



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