Los AngelesHubilu Venture Corp. has acquired a student housing property near USC in Los Angeles. Hubilu purchased the property through Elata Investments, a subsidiary. The terms of the deal were not disclosed.

The asset is ideally located. Located at 4016 Dalton Avenue is less than a mile to USC campus and within blocks from the Western/Exposition LA Metro subway station. It is less than five-minute drive to LA Live, Staples Center and LA Convention Center and a short metro ride to DTLA, which is now USC student's new hub for entertainment, night life and shopping.

According to the investor, it is planning a gateway of acquisitions into 2020 and plans to aggressively expand its portfolio with value add student housing.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.