Standard-Faring Essential Housing
Joint venture of Standard Communities and Faring created to develop and convert middle-income housing in California through public-private structures. The partners announced a target of more than $2 billion of 'missing-middle' housing and documented repeated transactions using tax-exempt bond financing, public-agency ownership/participation structures, project administrators, and participating host cities.
Record Details
approximately 80%-120% AMI as described by Standard Communities
Public-agency ownership/participation with tax-exempt bond financing; CSCDA Community Improvement Authority frequently documented
Due diligence, purchase/sale negotiation, financing down payment, host-city approval, closing, property-management oversight and regulatory-compliance administration as described in public-agency materials
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Source URLs
https://standard-communities.com/news/standard-communities-and-faring-form-joint-venture-to-create-2-billion-of-middle-income-housing-in-california/ 02 · standard-communities.com https://standard-communities.com/news/nhra-features-standard-faring-essential-housing-california-workforce-housing-residents-getting-luxury-amenities/ 03 · standard-communities.com https://standard-communities.com/news/standard-communities-leads-public-private-partnership-transitioning-130-market-rate-units-to-middle-income-housing-in-west-hollywood-ca/ 04 · standard-communities.com https://standard-communities.com/news/standard-communities-leads-public-private-partnership-transitioning-230-market-rate-units-to-middle-income-housing-in-hawthorne-ca/ 05 · housingfinance.com https://www.housingfinance.com/Finance/standard-communities-faring-form-jv-to-create-middle-income-housing-in-california_o 06 · multihousingnews.com https://www.multihousingnews.com/public-private-partnership-buys-la-area-affordable-community/ 07 · cscda.org https://cscda.org/wp-content/uploads/2022/01/CSCDA-Agenda-Packet-1.6.22.pdf 08 · cscda.org https://cscda.org/wp-content/uploads/2021/11/CSCDA-Agenda-Packet11.18.21.pdf Related Records
Triston Ezidore Campaign Email — September 9 Faring Event
Campaign email from Triston Ezidore announcing and reminding recipients of a September 9, 2026 joint campaign event with Freddy Puza at Faring, 659 N. Robertson Boulevard in West H…
Ezidore and Puza Campaign Event at Faring
Triston Ezidore’s September 8 campaign email announced a September 9, 2026 “LGBTQ Leaders for Freddy & Triston” event with Freddy Puza at Faring, 659 N. Robertson Boulevard, West H…
2018 Save the Factory Referendum Campaign Spending
WEHOonline, citing campaign-finance documents filed with the West Hollywood City Clerk, reported that the “Save the Factory” committee established by Faring Property Group spent $1…
2024 Robertson Lane Refinancing
Centennial Bank provided $35 million in refinancing for Faring's Robertson Lane development site in West Hollywood. Priority Capital Advisory arranged the financing for the borrowe…
2026 Sale of 8800-8804 Melrose Avenue
Acadia Realty Trust disclosed the July 2026 acquisition of 8800-8804 Melrose Avenue for $29 million. Transaction reporting identifies Jason Illoulian/Faring Capital, Cobby Pourtavo…
Faring / Carson Goose Option and Land Payments for Carson Place
Carson public records document the financial terms tied to Faring Capital's option agreement, later assigned to Carson Goose Owner, LLC, for Cells 3, 4, and 5 of the former Cal-Com…
Carson Goose Owner, LLC
Faring-affiliated project entity documented by Carson public records as the assignee of Faring Capital's option rights and obligations for Cells 3, 4, and 5 of the former Cal-Compa…
Faring
West Hollywood-based real-estate investment and development platform founded and led by Jason Illoulian. Public records place Faring’s headquarters at 659 N. Robertson Boulevard an…
Jake Stevens
Faring real-estate executive documented in California CEQA and West Hollywood project records. CEQAnet identifies Jake Stevens as Faring Senior Vice President at 659 N. Robertson B…
Jason Illoulian
Founder and CEO of Faring, a West Hollywood-based real-estate investment and development platform. Corporate, public-agency, lobbying, campaign-finance, financing, civic, project, …
8800-8804 Melrose Avenue
Single-tenant luxury retail property at 8800-8804 Melrose Avenue in West Hollywood. Acadia Realty Trust states that it acquired the property in July 2026 for $29 million and that i…
Carson Place / former Cal-Compact landfill Cells 3, 4, and 5
Public-private redevelopment site in Carson consisting of Cells 3, 4, and 5 of the former Cal-Compact landfill. Faring Capital entered the original option agreement with the Carson…
Robertson Lane
West Hollywood development assemblage associated with Faring and Robertson Court, LLC, spanning Robertson Boulevard, La Peer Drive, and Santa Monica Boulevard parcels. Earlier appr…
Faring / Carson Goose Owner — Carson Reclamation Authority Carson Place Relationship
Direct public-private redevelopment relationship documented by Carson records. Faring Capital entered an option agreement with the Carson Reclamation Authority for Cells 3, 4, and …
Jason Illoulian / Faring — West Hollywood Civic, Campaign, Land-Use, and Transaction Network
Public records, buyer disclosures, and filing-based reporting document a recurring West Hollywood institutional and real-estate network around Jason Illoulian and Faring that inclu…