secwatch.observer — SEC 8-K summary
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Issuer:     Hubilu Venture Corp (HBUV)
CIK:        0001639068
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001493152-24-025899
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubilu Venture acquires LA property for $710k, financed with two loans
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- Acquired 1457 W. 35th Street, Los Angeles for $710,000 through subsidiary Mopane Investments.
- Property was vacant at the time of purchase.
- First-position loan of $624,750 from Churchill Funding at 10% interest-only, due July 2025.
- Second-position loan of $130,000 from Belladonna Lily at 6% interest-only, due June 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224025899/0001493152-24-025899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224025899/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-025899

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