← 3139 West Blvd, Cleveland, OH 44111 · All properties
UPDATES.md
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| Property | 3139 West Blvd, Cleveland, OH 44111 |
|---|---|
| Folder | README & Property Snapshot |
| Kind | Text |
| Updated | 2026-07-15 |
| Dropbox path | 00 - README & Property Snapshot/UPDATES.md |
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## 2026-07-14
- Property Update (07/14/2026):
Hi everyone,
This month's update includes the current reviewed financial summary from the guarded monthly workflow.
Financial summary from FINANCIALS.md:
Financial data is shown as of 2026-06.
## Monthly Cash Position (2026-06)
Amounts are shown as of 2026-06. ECO Operating Cash is the complete DAO-attributed ECO Systems GL Column E balance through the as-of month, including accruals; it is not limited to ECO Systems LLC bank cash.
Lofty Operating Cash: $17.26 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $0.00 (ECO Systems General Ledger Column E (0 rows))
## 2026-07-14
- Property Update (07/14/2026):
This month's update includes the current reviewed financial summary from the guarded monthly workflow.
Financial summary from FINANCIALS.md:
Financial data is shown as of 2026-06.
## Monthly Cash Position (2026-06)
Amounts are shown as of 2026-06. ECO Operating Cash is the complete DAO-attributed ECO Systems GL Column E balance through the as-of month, including accruals; it is not limited to ECO Systems LLC bank cash.
Lofty Operating Cash: $17.26 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $0.00 (ECO Systems General Ledger Column E (0 rows))
Financial summary:
- Lofty-held current maintenance reserve: $17.26
- ECO GL Column E sum: $0.00 (0 rows)
- Property Update (07/14/2026):
Hi everyone,
This month's update includes the current reviewed financial summary from the guarded monthly workflow.
Financial summary from FINANCIALS.md:
Financial data is shown as of 2026-06.
## Monthly Cash Position (2026-06)
Amounts are shown as of 2026-06. ECO Operating Cash is the complete DAO-attributed ECO Systems GL Column E balance through the as-of month, including accruals; it is not limited to ECO Systems LLC bank cash.
Lofty Operating Cash: $17.26 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $0.00 (ECO Systems General Ledger Column E (0 rows))
# Property Updates
## 2026-07-12
- Property Update (07/12/2026):
Hi everyone,
This month's update includes the current reviewed financial summary from the guarded monthly workflow.
Financial summary from FINANCIALS.md:
## Monthly Cash Position (2026-06)
Amounts are shown as of 2026-06. ECO Operating Cash is the complete DAO-attributed ECO Systems GL Column E balance through the as-of month, including accruals; it is not limited to ECO Systems LLC bank cash.
| Metric | Amount | Source |
|---|---:|---|
| Lofty Operating Cash | $17.26 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | $0.00 | ECO Systems General Ledger Column E (0 rows) |
Financial summary:
- Lofty-held current maintenance reserve: $17.26
- ECO GL Column E sum: $0.00 (0 rows)
## 2026-07-02
- Property Update (07/02/2026):
This month's update is limited to verified cash-position data from Lofty and ECO records. No tenant ledger rows are included.
Financial summary:
- Lofty-held current maintenance reserve: $17.26
- ECO GL Column E sum: $0.00 (0 rows)
## 2026-07-02
- Property Update (07/02/2026):
Hi everyone,
This month's update is limited to verified cash-position data from Lofty and ECO records. No tenant ledger rows are included.
Financial summary:
- Lofty-held current maintenance reserve: $17.26
- ECO GL Column E sum: $0.00 (0 rows)
## 2026-06-27
- Property Update (06/27/2026):
Hi everyone,
Quick update on **3139 West Blvd, Cleveland, OH 44111**:
- We are issuing a proactive owner communication to keep update cadence consistent.
- Property operations and file review are in progress.
- A fuller operational/financial update will follow after manager file reconciliation.
**What to expect next**
- Current operations snapshot
- Any material leasing/maintenance/compliance items
- Financial/reconciliation notes (if applicable)
- Next expected update timing
Financial summary:
- Lofty-held current maintenance reserve: $17.26
- ECO GL Column E sum: $0.00 (0 rows)
- We are issuing a proactive owner communication to keep update cadence consistent.
- Property operations and file review are in progress.
- A fuller operational/financial update will follow after manager file reconciliation.
- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):
| Field | Value |
|-------|-------|
| Yhome Net Due TO DAO | $118,185.59 |
| Lofty Operating Cash | $16,710.85 |
| ECO Operating Cash | $-331.90 |
| Outstanding Liabilities (Unpaid Bills) | $-5,495.08 |
| DAO Net Cash (Capital Call) | $179,866.22 |
| Estimated Owners' Equity | $0.00 |
| DAO Estimated NAV Per Token | $52.59 |
| DAO Tokens | 4486 |
| Current PM | YHOME (Sold) |
## 2026-06-27
- Property Update (06/27/2026):
Financial summary:
- Lofty-held current maintenance reserve: $17.26
- ECO GL Column E sum: $0.00 (0 rows)
- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):
| Field | Value |
|-------|-------|
| Yhome Net Due TO DAO | $118,185.59 |
| Lofty Operating Cash | $16,710.85 |
| ECO Operating Cash | $-331.90 |
| Outstanding Liabilities (Unpaid Bills) | $-5,495.08 |
| DAO Net Cash (Capital Call) | $179,866.22 |
| Estimated Owners' Equity | $0.00 |
| DAO Estimated NAV Per Token | $52.59 |
| DAO Tokens | 4486 |
| Current PM | YHOME (Sold) |
## 2026-04-06
- Property Update (04/06/2026):
- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):
| Field | Value |
|-------|-------|
| Yhome Net Due TO DAO | $118,185.59 |
| Lofty Operating Cash | $16,710.85 |
| ECO Operating Cash | $-331.90 |
| Outstanding Liabilities (Unpaid Bills) | $-5,495.08 |
| DAO Net Cash (Capital Call) | $179,866.22 |
| Estimated Owners' Equity | $0.00 |
| DAO Estimated NAV Per Token | $52.59 |
| DAO Tokens | 4486 |
| Current PM | YHOME (Sold) |
## 2026-04-05
- Property Update (04/05/2026):
- Cross-check against `Yhome Transition Reconciliation.xlsx` shows 3139 West Blvd, Cleveland, OH 44111 flagged as **YHOME (Sold)**.
- Current reconciliation status: **Yhome owes DAO**.
- Closing proceeds paid to Yhome: **$119,407.56**.
- Yhome total due to DAO: **$119,480.59**.
- Public DESCRIPTION.md and DETAILS.md refreshed to reflect sold status.
## 2026-04-05
- Property Update (04/05/2026):
- Cross-check against `Yhome Transition Reconciliation.xlsx` lists 3139 West Blvd, Cleveland, OH 44111 as **YHOME (Sold)**.
- Reconciliation snapshot shows **closing proceeds paid to Yhome of $119,407.56** and **Yhome total due to DAO of $119,480.59**.
- Current reconciliation status: **Yhome owes DAO**.
- Public DETAILS.md updated to reflect sold status.
## 2026-04-01
- Property Update (04/01/2026):
- **Aligned Statement Analysis (Jan 1 - Dec 31, 2025):**
- Rent collection stopped after August 2025: Tenant last paid Aug 4, 2025
- Last rent receipt: August 4, 2025 ($1,295 + $25 pet fee)
- Owner shown on statement: Calixte Duffaut
- Property manager shown: Aligned Properties
- Security deposit held: $2,490.00
- Owner contribution (Jul 2025): $1,000.00 from Calixte Duffaut
- **Inter-Property Transfers Received (Debt Recovery by Aligned):**
- Jul 17, 2025: $1,318.98 transferred from 1090 Diagonal
- Jul 17, 2025: $953.84 transferred from 4318 Clybourne
- Jul 17, 2025: $2,426.50 transferred from 4318 Clybourne Rear
- Oct 15, 2025: $279.71 transferred from 4318 Clybourne
- Total transfers received: $4,979.03
- **Note:** Rent collection appears to have stopped after August 2025; no explanation in ledger
- Statement generated Jan 22, 2026; no post-Dec 2025 data available
- Source: Aligned Properties Owner Statement (Jan 1 - Dec 31, 2025)
## 2026-03-10
- Property Update (03/10/2026):
- Governance Results for 3139 West Blvd:
- The Governance Voting results are back for the owner-proposed governance votes.
- The first winning vote is:
- Yes [authorize Earl Vanze Co to act as Authorized Representative on behalf of the DAO]
- This voting option received 1,291/1,341 which is equal to 96% of the token votes.
- The voting results can be found on chain [here](https://allo.info/application/3473012771) or by searching the application ID: 3473012771
- The second winning vote is:
- Yes [authorize Earl Vanze Co to serve as the single point of contact for the DAO and liaison to legal counsel on behalf of the DAO, and further authorizes Earl Vanze Co to receive any and all litigation updates from legal counsel on behalf of the DAO, and to make any decisions with respect to the prospective litigation and to authorize any action in the prospective litigation on behalf of the DAO. Such authorization will continue throughout the pendency of the litigation until resolution is reached by settlement, adjudication on the merits, or dismissal, unless otherwise terminated by a valid and enforceable vote of the DAO]
- This voting option received 1,289/1,341 votes which is equal to 96% of the token votes.
- The voting results can be found on chain [here](https://allo.info/application/3473013525) or by searching the application ID: 3473013525
## 2026-03-06
- Property Update (03/06/2026):
- Owner-Proposed Governance Vote for 3139 West Blvd:
- This Resolution of the members of Lofty Holding 3139 West Boulevard DAO LLC (the “West DAO" or "DAO") seeks authorization for Earl Vanze Co acting as Authorized Representative on behalf of the DAO to approve filing a civil lawsuit against Yhome Nursing LLC and/or Calixte Duffaut (the “Prospective Lawsuit”). If approved, this proposal will provide the West DAO with the authority to file the Prospective Lawsuit, but will not obligate or require the West DAO to actually file the Prospective Lawsuit. Litigation mechanics and strategy will be finalized at a later date, subject to the advice and recommendation of counsel.
- If approved, this proposal authorizes Lofty to identify counsel to represent the West DAO in connection with the Prospective Lawsuit, understanding that Lofty is willing to pay for those legal costs and expenses reasonably incurred by the West DAO in connection with the Prospective Lawsuit.
- This proposal is being submitted based upon information and belief that Yhome Nursing LLC and/or Calixte Duffaut (collectively, “Yhome”) breached their agreement(s) with the West DAO and its members, and/or otherwise engaged in wrongful and/or illegal conduct with respect to 3139 West Blvd. Cleveland, OH 44111 (“West” or the “Property”) and the management thereof. More specifically, the conduct motivating this proposal includes, but is not limited to, the following:
- Yhome’s false misrepresentation that Yhome was the sole member of the DAO LLC as Grantor at the time of granting title to Yhome Nursing LLC as Grantee
- Yhome wrongfully withholding ~$119,480 in equity and sale proceeds rightfully belonging to investors, following the Property being sold to a third-party buyer at a price of $229,900
- If approved, this proposal authorizes Earl Vanze Co to serve as the single point of contact for the DAO and liaison to legal counsel on behalf of the DAO, and further authorizes Earl Vanze Co to receive any and all litigation updates from legal counsel on behalf of the DAO, and to make any decisions with respect to the prospective litigation and to authorize any action in the prospective litigation on behalf of the DAO. Such authorization will continue throughout the pendency of the litigation until resolution is reached by settlement, adjudication on the merits, or dismissal, unless otherwise terminated by a valid and enforceable vote of the DAO.
- The winning vote will be determined by a Supermajority of 60%+ and the results will be sent to owners on Tuesday, March 10th, once the voting period ends.
## 2026-03-06
- Property Update (03/06/2026):
- Owner-Proposed Governance Vote for 3139 West Blvd:
- This Resolution of the members of Lofty Holding 3139 West Boulevard DAO LLC (the "West DAO" or "DAO") seeks authorization for Earl Vanze Co acting as Authorized Representative on b