Hubilu Venture Corp SEC Filings

Hubilu Venture Corporation reports Q3 2025 results showing modest growth in rental income but higher leverage and losses year-to-date. Rental revenue was $628,792 for the quarter (up 2% from $616,393) and $1,588,731 for the first nine months (down 5% from $1,666,452). Q3 net income was $3,529, but the company posted a nine‑month net loss of $450,373 compared with a small profit a year earlier.

Real estate, net, rose to $23.45 million as of September 30, 2025 from $20.92 million, driven by acquisitions including properties at 417 W 52nd Place and 1460 Exposition Blvd in Los Angeles. This expansion is funded largely with debt: mortgages payable, net of discounts, increased to $22.62 million, and total liabilities reached $25.29 million. Cash was $107,252 with a working capital deficit of $2.19 million, leading management to state that these conditions raise substantial doubt about the company’s ability to continue as a going concern.