secwatch.observer — SEC 8-K summary
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Issuer:     Hubilu Venture Corp (HBUV)
CIK:        0001639068
Form:       8-K/A
Filed at:   2024-07-03T23:59:59+00:00
Accession:  0001493152-24-026098
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubilu Venture completes $670K LA property acquisition with two loans totaling $778K
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- Acquired 1460 North Eastern Ave, Los Angeles for $670,000; property partially vacant at purchase.
- First-position loan of $603,000 from LendingOne at 9.5% interest-only until April 2025.
- Second-position loan of $175,000 from Belladonna Lily Investments at 6% interest-only until June 2029.
- Amendment corrects previously reported loan balance error; specifics of correction not disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224026098/0001493152-24-026098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639068/000149315224026098/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-026098

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