---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018565"
form_type: "8-K"
ticker: "HBUV"
cik: "0001639068"
company_name: "Hubilu Venture Corp"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:48:49.325049+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hubilu Venture acquires LA property for $649K via subsidiary Mopane Investments

## Summary
- Acquired vacant real property at 4700 S. Budlong Ave, Los Angeles for $649,000 on May 8, 2024.
- First position note of $594,150 from Center Street Lending at 10.990% interest-only until April 2025 balloon.
- Second position note of $175,000 from Belladonna Lily Investments at 6% interest-only until March 2029 balloon.
- Property was vacant at time of purchase; financed through subsidiary Mopane Investments, LLC.

## SEC filing metadata
- accession: 0001493152-24-018565
- form_type: 8-K
- ticker: HBUV
- cik: 0001639068
- company_name: Hubilu Venture Corp
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639068/000149315224018565/0001493152-24-018565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639068/000149315224018565/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018565
- JSON: https://secwatch.observer/filing/0001493152-24-018565.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018565.txt

## Key facts
- M&A Transactions
  Hubilu Venture Corp completed an acquisition involving Miles of Real Estate, Inc. for $649,000 (closed 2024-05-08).
  - Action: acquisition
  - Counterparty: Miles of Real Estate, Inc.
  - Consideration: $649,000
  - Closing: 2024-05-08
  source text: (“the Budlong Agreement”) with Miles of Real Estate, Inc. (“Property Seller”) to acquire real property located at 4700 S. Budlong Avenue in Los Angeles. The acquisition for $649,000 closed on May 8, 2024. The foregoing description of the acquisition of the Budlong Agreement and the transaction contemplated thereby contained herein is qualified in its entirety
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639068/000149315224018565/0001493152-24-018565-index.htm
- Material Agreements
  Hubilu Venture Corp entered into the Budlong Agreement with Miles of Real Estate, Inc. valued at $649,000 (effective 2024-03-22).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Miles of Real Estate, Inc.
  - Value: $649,000
  - Effective: 2024-03-22
  source text: On March 22, 2024, Hubilu Venture Corporation (“the Company”), through its subsidiary, Mopane Investments, LLC, a Wyoming Limited Liability Company (“Mopane”) entered into a non-binding purchase agreement (“the Budlong Agreement”) with Miles of Real Estate, Inc. (“Property Seller”) to acquire real property located at 4700 S. Budlong Avenue in Los Angeles.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639068/000149315224018565/0001493152-24-018565-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.