secwatch.observer — SEC 8-K summary
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Issuer:     Hubilu Venture Corp (HBUV)
CIK:        0001639068
Form:       8-K
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0001493152-22-007805
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubilu Venture acquires LA property for $630,500, financed with two interest-only loans
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- Purchased 1733 W. 37th Place, Los Angeles, a vacant property, through subsidiary Mopane Investments, LLC.
- Closed March 25, 2022; total acquisition cost $630,500.
- First note: $576,450 from Center Street Lending at 7.5% interest-only, maturing March 2023.
- Second note: $100,000 from Belladonna Lily Investments at 6% interest-only, maturing March 2029.
- Monthly interest payments on first note: $3,546.56; second note: $500.00, beginning May 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639068/000149315222007805/0001493152-22-007805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639068/000149315222007805/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-007805

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