other material
confidence high
sentiment neutral
materiality 0.50
Hubilu completes 4 LA property acquisitions for $2.734M in Oct 2021-Jan 2022
Hubilu Venture Corp
- Acquired 4505 Orchard Ave for $675,000 (Sept 30, 2021) via Boabab; $675K note at 5% interest-only from Belladonna Lily.
- Acquired 3777 Ruthelen Ave for $699,000 (Oct 6, 2021) via Lantana; $699K note at 5% interest-only from Belladonna Lily.
- Acquired 3791 S. Normandie Ave for $640,000 (Jan 7, 2022) via Boabab; $576K note at 8.5% from Center Street Lending, $75K second note at 5%.
- Acquired 2029 W. 41st Place for $720,000 (Jan 20, 2022) via Boabab; $648K note at 8.5% from Center Street Lending, $84.95K second note at 5%.