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Hubilu Venture (HBUV) acquires vacant Los Angeles property with $478,000 loan

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Hubilu Venture Corporation, through its subsidiary Elata Investments, LLC, completed the purchase of a vacant property at 1460 Exposition Blvd. in Los Angeles for $520,000. The deal was documented under a non-binding purchase agreement with the sellers, The Morales Family Trust, and the transaction closed on September 24, 2025.

The acquisition is financed primarily with a $478,000 first-position loan from Center Street Lending VIII SPE, LLC at an annual interest rate of 9.990%. Elata is required to make interest-only monthly payments of $3,896.10 or more beginning on November 1, 2025, with the full principal and remaining interest due on September 17, 2026.

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Insights

Hubilu adds a financed Los Angeles property with a short-term, interest-only loan.

The company, via Elata Investments, acquired a vacant property at 1460 Exposition Blvd. in Los Angeles for $520,000. Most of the purchase price is funded by a $478,000 first-position note from Center Street Lending VIII SPE, LLC at an annual interest rate of 9.990%. This structure indicates meaningful leverage on the asset.

The loan requires interest-only monthly payments of $3,896.10 or more starting on November 1, 2025, with the entire principal and any remaining interest due on September 17, 2026. Because the property is vacant at acquisition, future lease-up or disposition steps will be important to support debt service and eventual repayment.

The arrangement introduces a near-term refinancing or payoff decision by September 2026, tied to how the company utilizes or stabilizes the property. Subsequent disclosures may provide details on occupancy, rental income, or changes to financing that would clarify the asset’s contribution to cash flow.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.01 Completion of Acquisition or Disposition of Assets Financial
The company completed a significant acquisition or sale of business assets.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM8-K

 

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): September 24, 2025

 

HUBILU VENTURE CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

000-55611   47-3342387

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 
205 S. Beverly Drive, Suite 205  
Beverly Hills,California   90212
(Address of Principal Executive Offices)   (Zip Code)

 

310-308-7887

(Registrant’s Telephone Number, including Area Code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common HBUV OTCIQ
Preferred N/A N/A

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” “may increase,” “forecast” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts. Forward-looking statements are based on management’s current expectations or beliefs about the Company’s future, expectations and objectives. These forward-looking statements are not historical facts and are subject to risks and uncertainties that could cause the actual results to differ materially from those projected in these forward-looking statements including, the general economic climate; the supply of and demand for real properties; interest rate levels; the availability of financing; and other risks associated with the acquisition and ownership of properties, including risks that the tenants will not pay rent, or the costs may be greater than anticipated and other risk factors that may be described from time to time in the Company’s filings with the Securities and Exchange Commission. Readers of this release are cautioned not to place undue reliance on forward-looking statements contained herein, which speak only as of the date stated, or if no date is stated, as of the date of this Current Report. The Company undertakes no obligation to publicly update or revise the forward-looking statements contained herein to reflect changed events or circumstances after the date of this release, unless required by law.

 

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Item 1.01 Entry into a Material Definitive Agreement.

 

(a) On September 2, 2025, Hubilu Venture Corporation (“the Company”), through its subsidiary, Elata Investments, LLC, a Wyoming Limited Liability Company (“Elata”) entered into a non-binding purchase agreement (“the Exposition Agreement”) with Ignacio Morales and Maria E. Morales as Trustee(s) of The Morales Family Trust (“Property Sellers”) to acquire real property located at 1460 Exposition Blvd. in Los Angeles. The acquisition for $520,000 closed on September 24, 2025.

 

The foregoing description of the acquisition of the Exposition Agreement and the transaction contemplated thereby contained herein is qualified in its entirety by reference to the Exposition Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated into this Item 1.01 by reference.

 

Item 2.01 Completion of Acquisition of Assets.

 

(a) On September 24, 2025, the Company, through its subsidiary, Elata Investments, LLC, closed on the acquisition of the real property located at 1460 Exposition Blvd. in Los Angeles. The property was vacant at the time of purchase. The acquisition was for $520,000. The Elata purchase is subject to one loan as follows: (1) $478,000 first position note owing by Elata to Center Street Lending VIII SPE, LLC (“Center Street”), bearing interest on unpaid principal at the rate of 9.990% per annum. Interest only payable in monthly installments of $3,896.10 or more commenced on November 1, 2025 and continue until September 17, 2026, at which time the entire principal balance together with interest due thereon, shall become due and payable.

 

The foregoing description of the acquisition of the Exposition Agreement and the transaction contemplated thereby contained herein is qualified in its entirety by reference to the Exposition Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated into this Item 1.01 by reference.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: September 25, 2025 HUBILU VENTURE CORPORATION
By: /s/ David Behrend
Name: David Behrend
Title: Chief Executive Officer

 

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EXHIBIT INDEX

 

Exhibit Number Description
10.1 Purchase Contract among Elata Investments, LLC and Ignacio Morales and Maria E. Morales as Trustee(s) of The Morales Family Trust.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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FAQ

What property did Hubilu Venture Corporation (HBUV) acquire in this 8-K?

Hubilu Venture Corporation, through Elata Investments, LLC, acquired real property located at 1460 Exposition Blvd. in Los Angeles. The filing notes that the property was vacant at the time of purchase.

How much did HBUV pay for the 1460 Exposition Blvd. property?

The company completed the acquisition of the 1460 Exposition Blvd. property for a purchase price of $520,000.

How is Hubilu Venture Corporation financing the new property?

The acquisition is subject to a $478,000 first-position note from Center Street Lending VIII SPE, LLC, bearing interest at 9.990% per annum, with interest-only monthly payments and a balloon payment at maturity.

What are the payment terms on HBUV’s loan for the Exposition Blvd. property?

Elata must pay interest only in monthly installments of $3,896.10 or more, starting on November 1, 2025, and the full principal plus interest is due on September 17, 2026.

When did the acquisition of the Exposition Blvd. property close for HBUV?

The acquisition closed on September 24, 2025, after the company had entered into a non-binding purchase agreement on September 2, 2025.

Which subsidiary of HBUV holds the newly acquired property?

The property is held by Elata Investments, LLC, a Wyoming limited liability company and subsidiary of Hubilu Venture Corporation.

Where can investors find the full purchase agreement for HBUV’s new property?

The purchase contract, referred to as the Exposition Agreement, is filed as Exhibit 10.1 and is incorporated by reference into the disclosure about the acquisition.