secwatch.observer — SEC 8-K summary
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Issuer:     Hubilu Venture Corp (HBUV)
CIK:        0001639068
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001493152-24-018565
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224018565/0001493152-24-018565-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224018565/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018565

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