secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hubilu Venture Corp (HBUV)
CIK:        0001639068
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001493152-24-025896
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubilu Venture closes $670k acquisition of LA property via subsidiary Mopane
----------------------------------------------------------------------------

- Acquired 1460 N Eastern Ave, Los Angeles for $670k; closed June 27, 2024.
- First-position loan of $670k from LendingOne at 9.5% interest-only through April 2025.
- Second-position loan of $175k from Belladonna at 6% interest-only through June 2029.
- Property was partially vacant at purchase; subsidiary Mopane Investments is the buyer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224025896/0001493152-24-025896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224025896/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-025896

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer