8800-8804 Melrose Avenue

Acadia Realty Trust disclosed a $29 million July 2026 acquisition; transaction reporting identifies Jason Illoulian/Faring Capital and two other real-estate groups on the seller side.

Acadia's July 28, 2026 earnings release and SEC Form 10-Q establish the acquisition, $29 million price, location, and July timing; Acadia's current property page identifies the asset as part of its Melrose Collection and fully leased. Traded identifies Jason Illoulian/Faring Capital, Cobby Pourtavosi/Capital Insight, and Ponya Abdi/Parallel Acquisitions as seller-side participants and Jay Luchs/Newmark and Carine Mamann/Cushman & Wakefield as brokers. CoStar independently associates Faring, Capital Insight, Parallel Acquisitions and Acadia with the transaction. LoopNet lists parcel numbers 4336-024-013 and 4336-024-014. Acadia's property page labels the postal city as Los Angeles while its earnings release and transaction sources describe the property as West Hollywood; this record preserves West Hollywood as the municipal context while noting the source discrepancy. No Culver City or CCUSD relationship is inferred from this West Hollywood transaction.