09/15/2026 | Press release | Distributed by Public on 09/15/2026 04:13
Item 1.01 Entry into a Material Definitive Agreement.
(a) On September 3, 2026, Hubilu Venture Corporation ("the Company"), through its subsidiary, Elata Investments, LLC, a Wyoming Limited Liability Company ("Elata") entered into a purchase agreement ("the 4th Ave Agreement") with Finance of America Reverse LLC ("Property Seller") to acquire real property located at 5717 4th Ave in Los Angeles. The acquisition for $600,000 closed on September 11, 2026.
The foregoing description of the acquisition of the 4th Ave Agreement and the transaction contemplated thereby contained herein is qualified in its entirety by reference to the 4th Ave Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated into this Item 1.01 by reference.