HBUVOTCReal Estate Operators (No Developers) & LessorsUS GAAP · USD

Hubilu Venture Corp

Hubilu Venture Corp is a Delaware-based real estate consulting, asset management, and business acquisition company focused on student housing income properties near the University of Southern California and nearby Metro/subway stations in the Los Angeles area. The company acquires houses, remodels them, and rents them out, using clustered ownership to improve property management efficiency and scale.

Ask about the company
Revenue2.2m USD
−1.3 %y/y
Operating profit (EBIT)0.9m USD
−17.1 %y/y
EBIT margin42.2%
−8.1 ppy/y
Net income-0.6m USD
−196.1 %y/y
Free cash flow-0.7m USD
−98.8 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

0.00.51.01.52.02.5m USD2020: EBIT 0.25 m USD20202021: EBIT 0.67 m USD20212022: 1.6 m USD2022: EBIT 0.78 m USD20222023: 1.9 m USD2023: EBIT 0.74 m USD20232024: 2.2 m USD2024: EBIT 1.1 m USD20242025: 2.2 m USD2025: EBIT 0.93 m USD20252.20.93
RevenueOperating profit (EBIT)
Ask Clarifo about Hubilu Venture Corp

Business

Share of revenue
Rental property operations85 %

Ownership and leasing of remodeled houses to student, nonprofit, and corporate tenants.

Property acquisition and repositioning10 %

Buying houses in target neighborhoods and upgrading them for higher rent potential.

Real estate consulting and asset management5 %

Consulting and management services tied to the company’s property portfolio and acquisitions.

Customers

The company’s core customers are student renters and other tenants seeking housing near USC and transit-connected neighborhoods in Los Angeles. It also references non-profit and for-profit corporate tenants, suggesting a mix of residential and flexible occupancy demand tied to the same geographic cluster.

USC student renters

Students who rent houses near campus for convenience, walkability, and transit access.

Transit-oriented residential tenants

Renters near Metro/subway stations who value location and access to Los Angeles mobility corridors.

Non-profit and corporate tenants

Organizations or employees using the properties for local housing needs near USC.

Strategy

The company’s strategy is to keep acquiring houses in its target neighborhoods, remodel them, and expand rental operations. It also emphasizes economies of scale from owning multiple properties within a small radius, which should improve property management efficiency and support future growth if financing is available.

Expand the property portfolio near USCShort term

More units can increase rental revenue and spread fixed operating costs across a larger base.

Improve property economics through remodelingMedium term

Upgraded houses can command higher rents and better tenant appeal in a supply-constrained market.

Maintain access to debt and equity capitalShort term

The acquisition model depends on financing to buy properties and sustain operations.

Geography

Hubilu’s business is concentrated in the Los Angeles area, especially around the USC campus and neighboring Metro/subway stations. The company is U.S.-based and appears to operate a tightly clustered local portfolio, which supports management efficiency but also concentrates exposure to one metro market.

Risks

The most immediate risk is liquidity and going-concern pressure, as the company reports negative working capital, accumulated deficits, and dependence on additional financing. Its concentrated Los Angeles/USC exposure also makes results sensitive to local rental demand, property taxes, interest rates, and acquisition execution.

Sorted by severity
Going concern and liquidity shortfallCritical

The company reported negative working capital, accumulated deficit, and limited cash, raising doubt about its ability to fund operations.

Exposure: May need additional financing to continue acquiring properties and operating.

Debt and interest expense burdenHigh

Properties are financed with debt, and interest expense materially exceeds operating income in the reported period.

Exposure: Higher rates or refinancing pressure could reduce profitability and cash flow.

Geographic concentration in Los Angeles/USC areaMedium

The portfolio is focused on one local market, so occupancy and rent growth depend on that submarket.

ExposureAdverse changes in student demandLocal regulationOr neighborhood conditions would hit revenue
Operating cost inflationMedium

Property taxes, repairs, utilities, and maintenance are recurring costs that can rise faster than rents.

Exposure: Margin pressure if rent growth slows or vacancies rise.

Ask Clarifo about Hubilu Venture Corp

Accounting

Judgemental items
Rental revenue recognition

Revenue is earned from leasing residential properties, so occupancy and lease timing affect period-to-period comparability.

Impact: Can cause quarterly fluctuations as new properties come online.

Depreciation of real estate assets

Purchased and remodeled houses are depreciated over time, reducing reported earnings without immediate cash impact.

Impact: Important for comparing operating performance to cash generation.

Interest expense and debt extinguishment

The company uses debt financing and reported both interest expense and losses on early extinguishment of debt.

Impact: Can materially affect net income and volatility.

Going-concern assessment

Negative working capital and limited cash require management judgment about future funding.

Impact: May influence asset recoverability and liability classification.

Similar listed companies

Publicly listed companies with a comparable business focus.

CubeSmart

CUBE · Real Estate Investment Trusts

Nuburu, Inc.

BURU · Miscellaneous Electrical Machinery, Equipment & Supplies

Welltower Inc

WELL · Real Estate Investment Trusts

Strategic Student & Senior Housing Trust, Inc.

STSR · Real Estate Investment Trusts

Galaxy Enterprises Inc.

GLEI · Real Estate Agents & Managers (For Others)

Hovnanian Enterprises, Inc

HOV · Operative Builders

Last updated: 24/09/2026