Student Apartment Property
Hubilu Specializes in Apprentice Housing
Hubilu Venture Corporation
BEVERLY HILLS, CA, Dec. 15, 2017 (GLOBE NEWSWIRE) — Hubilu Venture Association (the “Company”) (OTC PINK: HBUV), a about traded absolute acreage consulting, asset administration and business accretion company, which specializes in apprentice apartment assets backdrop and development/business opportunities amid a USC and the Metro stations aural the Los Angeles area, announces that it has entered into an acceding to acquirement a Beverly Hills absolute acreage aggregation including its absolute acreage asset. The company, Elowen Investments, LLC, includes a apprentice apartment acreage at 1109 Exposition Blvd, Los Angeles, which is amid 1 block from the USC campus and a Los Angeles Metro/subway station. This acreage fits altogether into Hubilu’s ambition market, actuality both in walking ambit to the USC campus and the Metro/subway busline system. The accretion is accountable to Elowen commutual an analysis of its banking statements and the parties apprehend the transaction to aing in the 1st division of 2018. In addition, on November 17, 2017, the Aggregation filed its Quarterly Report on Form 10-Q for the division concluded September 30, 2017.
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Commenting on the Company’s advance activity, David Behrend, Chief Executive Officer, stated, “HBUV is finishing 2017 on a able note, abacus to our apprentice apartment portfolio by accepting a turn-key apprentice apartment property, bringing net asset amount and added absolute banknote breeze to Hubilu. We feel assured that our investors will be admiring with our amplification efforts, as we abide to aggressively assassinate on our business plan.”
About Hubilu Venture Corporation:Based in Beverly Hills, California, Hubilu Venture Corporation, a absolute acreage consulting, asset administration and accretion association is active on its business plan, which besides consulting to absolute acreage companies, is gluttonous to access apprentice apartment absolute acreage and business opportunities in the alcove markets of the USC campus breadth and the accretion burghal busline Metro stations facilitated by the development of the Los Angeles Metro/subway system. Hubilu, aggressive by Strategic Advance Through Smart Ventures, focuses on accepting aerial aisle of advance absolute acreage and business opportunities that it believes are recession affidavit and accept bound downside risk, while alms upside abeyant in disinterestedness acknowledgment and banknote flow.
Forward-Looking Statements:This columnist absolution contains advanced statements aural the acceptation of Federal balance laws, apropos the approaching accomplishment of our business, its operations and its banking accomplishment and action and abeyant called offerings presented after the ambience of accompanying banking results. The comments of Mr. Behrend, statements apropos the abeyant accretion of acreage and the characteristics of its wholly endemic acreage are examples of advanced statements. A cardinal of factors could account Hubilu Venture Corporation’s absolute results, accomplishment or accomplishment to adapt materially from those anticipated. Amid those risks, trends and uncertainties are the accepted bread-and-er climate; the accumulation of and appeal for absolute properties; absorption amount levels, the availability of financing; and added risks associated with the accretion and buying of properties, including risks that the tenants will not pay rent, or the costs may be greater than anticipated. This accomplished acquirement arrangement is accountable to assorted closing conditions, including but not bound to due activity and achievement of audited results. These advanced statements include, amid others, statements with account to objectives and strategies to accomplish those objectives, as able-bodied as statements with account to our beliefs, plans, expectations, anticipations, estimates or intentions. These advanced statements are based on our accepted expectations. We are beneath no obligation to (and especially abandon any such obligation to) amend or adapt our advanced statements, whether as a aftereffect of new information, approaching contest or otherwise. For added advice on factors that could appulse Hubilu Venture Corporation, advertence is fabricated to filings with the Balance and Exchange Commission.
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