---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035191"
form_type: "8-K"
ticker: "HBUV"
cik: "0001639068"
company_name: "Hubilu Venture Corp"
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:15:26.580322+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 Los Angeles property for $760,000, financed with two loans

## Summary
- Acquired vacant property at 1659 Roosevelt Ave, Los Angeles for $760,000 via subsidiary Mopane Investments.
- Purchase funded by $570k first-position loan from LendingOne at 6.9% interest, maturing Sept 2054.
- Second-position $200k loan from Belladonna at 6% interest, interest-only until Dec 2029, then balloon.
- Property was vacant at time of purchase.

## SEC filing metadata
- accession: 0001493152-24-035191
- form_type: 8-K
- ticker: HBUV
- cik: 0001639068
- company_name: Hubilu Venture Corp
- filed_at: 2024-09-05T23:59:59+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/1639068/000149315224035191/0001493152-24-035191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639068/000149315224035191/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035191
- JSON: https://secwatch.observer/filing/0001493152-24-035191.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035191.txt

## Key facts
- M&A Transactions
  Hubilu Venture Corp completed an acquisition involving Jun Heasup Cho, Trustee for $760,000 (closed 2024-08-30).
  - Action: acquisition
  - Counterparty: Jun Heasup Cho, Trustee
  - Consideration: $760,000
  - Closing: 2024-08-30
  source text: (“the Roosevelt Agreement”) with Jun Heasup Cho, Trustee (“Property Seller”) to acquire real property located at 1659 Roosevelt Avenue in Los Angeles. The acquisition for $760,000 closed on August 30, 2024. The foregoing description of the acquisition of the Roosevelt Agreement and the transaction contemplated thereby contained herein is qualified in its
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639068/000149315224035191/0001493152-24-035191-index.htm

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