{"id":1004210637,"date":"2018-03-20T06:28:50","date_gmt":"2018-03-20T14:28:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004210637"},"modified":"2022-12-08T11:50:15","modified_gmt":"2022-12-08T19:50:15","slug":"hubilus-student-housing-portfolio-turns-to-solar","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hubilus-student-housing-portfolio-turns-to-solar\/","title":{"rendered":"Hubilu\u2019s Student Housing Portfolio Turns to Solar"},"content":{"rendered":"<p>By Anca Gagiuc<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/solar-modules-924333_1920.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004210638\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hubilus-student-housing-portfolio-turns-to-solar\/solar-modules-924333_1920\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/solar-modules-924333_1920.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"solar-modules-924333_1920\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image via Pixabay&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/solar-modules-924333_1920.jpg?w=800\" class=\"alignright wp-image-1004210638 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/solar-modules-924333_1920.jpg\" alt=\"solar-modules-924333_1920\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/solar-modules-924333_1920.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/solar-modules-924333_1920.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/solar-modules-924333_1920.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Hubilu Venture Corp., a real estate company specialized in student housing properties within the Los Angeles area, signed an agreement with Pacific Green Homes Inc. to install <a href=\"https:\/\/www.commercialsearch.com\/news\/california-shopping-mall-goes-solar\/\">solar power technology<\/a> on its properties. The action will reduce property operating costs, while resulting in greater returns for the investors.<\/p>\n<p><em>\u201cSolar panels will limit our global footprint, add energy conservation to our properties, and reduce the bottom line, resulting in greater returns for our investors. Together with our ongoing acceptance of rental payments using cryptocurrency in the form of Bitcoin, Ethereum, Bitcoin Cash and Litecoin, processed on the Coinbase Block Chain, this shows our progressive nature in the student housing real estate market,&#8221;<\/em> David Behrend, CEO of Hubilo Venture Corp., said in prepared remarks.<\/p>\n<p>By accepting cryptocurrency for rental payments, Hubilu booked a post as one of the early landlords to adopt this alternative form of payment.<\/p>\n<p><em>\u201cCryptocurrency is transforming modern high tech and financial markets, making payment transactions easier for everyone as it becomes a more accepted world-wide based payment system. As part of our continued growth, we believe in creating opportunities for our customers and tenants, and strive to add value for our shareholders,\u201d<\/em> added Behrend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The properties in the company\u2019s portfolio are set to feature rooftop photovoltaic technology, and will also accept cryptocurrency as payment.<\/p>\n","protected":false},"author":237,"featured_media":1004210638,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,1594,21742,21786,15],"tags":[39337,39335,39336,35875],"class_list":["post-1004210637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-los-angeles","category-latest","category-sustainability","category-west","tag-cryptocurrency","tag-hubilu-venture-corporation","tag-pacific-green-homes-incorporated","tag-solar-power"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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