Welcome to our dedicated page for HUBILU VENTURE news (Ticker: HBUV), a resource for investors and traders seeking the latest updates and insights on HUBILU VENTURE stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HUBILU VENTURE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HUBILU VENTURE's position in the market.
Hubilu Venture Corporation (OTC PINK: HBUV) announced the acquisition of its 18th real estate property located at 1284 W. 38th Street, Los Angeles, close to USC and the Vermont/Exposition Metro station. CEO David Behrend highlighted significant growth from 2019 to 2020, with revenues soaring 98% to $880,632 and real estate net assets increasing 43% to $4,350,000. The acquisition aligns with the company’s strategy to invest in properties with growth potential. However, the growth figures provided are based on non-audited and estimated market values.
Hubilu Venture Corporation (HBUV) announced the acquisition of its seventeenth property at 4021 Halldale Avenue, Los Angeles. This move expands its housing criteria to include transitional housing for non-profits addressing homelessness and related issues. The property, acquired at favorable pricing, is strategically located near USC and metro stations, enhancing its appeal for off-campus students. CEO David Behrend emphasized the property's turnkey status and an existing client's interest in a three-year master lease, indicating potential revenue growth as Hubilu continues to seek new investments.
Hubilu Venture Corporation (OTC PINK: HBUV) has expanded its housing criteria to include properties for non-profits aiding transitional housing for those facing homelessness and other social challenges. The company announced the acquisition of its sixteenth property in Los Angeles at 3908 S. Denker Street, strategically located near USC and metro stations. Hubilu reports a stable income opportunity with a rental collection rate near 95%, benefiting from transitional housing investments. CEO David Behrend highlighted increasing demand for both student and transitional housing in the area.
FAQ
What is the market cap of HUBILU VENTURE (HBUV)?
