secwatch.observer — SEC 8-K summary
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Issuer:     Hubilu Venture Corp (HBUV)
CIK:        0001639068
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001641172-25-011318
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubilu Venture acquires LA property for $650k with two mortgages
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- Closed on May 13, 2025, purchase of 1650 S Rimpau Blvd, Los Angeles for $650,000 via subsidiary Elata Investments.
- First mortgage $520k at 7.125% interest, monthly payments $3,503.34 through June 1, 2055.
- Second mortgage $250k at 8% interest-only until December 31, 2029.
- Property was vacant at time of purchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639068/000164117225011318/0001641172-25-011318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639068/000164117225011318/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-011318

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