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Hubilu Venture Corp Completes Real Property Acquisition
HBUV
New Projects/Investments
Debt Issuance
- Hubilu Venture Corporation, through its subsidiary Elata Investments, LLC, closed on the acquisition of real property located at 1460 Exposition Blvd. in Los Angeles on September 24, 2025.
- The property was acquired for $520,000 and was vacant at the time of purchase.
- The acquisition is financed by a $478,000 first position note from Center Street Lending VIII SPE, LLC, bearing an interest rate of 9.990% per annum.
- Monthly interest-only payments of $3,896.10 or more commenced on November 1, 2025, with the entire principal balance due on September 17, 2026.
Sep 26, 2025, 12:26 AM
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