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UPDATES.md

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Property4318 Clybourne Ave, Cleveland, OH 44109
FolderREADME & Property Snapshot
KindText
Updated2026-07-16
Dropbox path00 - 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. ## Cash Flow Snapshot (2026-06) Revenue: $0.00 Operating Expenses: -$5,609.70 NOI: -$5,609.70 Net Operating Cashflow: -$5,609.70 ## Monthly Cash Position (2026-06) Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the curre

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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.

## Cash Flow Snapshot (2026-06)

Revenue: $0.00
Operating Expenses: -$5,609.70
NOI: -$5,609.70
Net Operating Cashflow: -$5,609.70

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: $1,103.40 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$4,019.18 (ECO Systems General Ledger Column E (27 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.

## Cash Flow Snapshot (2026-06)

Revenue: $0.00
Operating Expenses: -$5,609.70
NOI: -$5,609.70
Net Operating Cashflow: -$5,609.70

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: $1,103.40 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$4,019.18 (ECO Systems General Ledger Column E (27 rows))

Financial summary:
- Lofty-held current maintenance reserve: $1,103.40
- ECO GL Column E sum: $1,065.75 (27 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.

## Cash Flow Snapshot (2026-06)

Revenue: $0.00
Operating Expenses: -$5,609.70
NOI: -$5,609.70
Net Operating Cashflow: -$5,609.70

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: $1,103.40 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$4,019.18 (ECO Systems General Ledger Column E (27 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.

## Cash Flow Snapshot (2026-06)

Revenue: $0.00
Operating Expenses: -$5,609.70
NOI: -$5,609.70
Net Operating Cashflow: -$5,609.70

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: $1,103.40 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$4,019.18 (ECO Systems General Ledger Column E (27 rows))

Financial summary:
- Lofty-held current maintenance reserve: $1,103.40
- ECO GL Column E sum: -$4,019.18 (27 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.

## Cash Flow Snapshot (2026-06)

Revenue: $0.00
Operating Expenses: -$5,609.70
NOI: -$5,609.70
Net Operating Cashflow: -$5,609.70

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: $1,103.40 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$4,019.18 (ECO Systems General Ledger Column E (27 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:

## Cash Flow Snapshot (2026-06)

| Metric | Amount |
|---|---:|
| Revenue | $0.00 |
| Operating Expenses | $0.00 |
| NOI | $0.00 |
| Net Operating Cashflow | $0.00 |

## 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 | $1,103.40 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | -$4,019.18 | ECO Systems General Ledger Column E (27 rows) |

## Source Evidence

| Field | Value |
|---|---|
| Source month | 2026-06 |
| ECO GL source | `Public/07 - P&L & Owner Statements/ECO Systems General Ledger - 4318 Clybourne Ave.csv` |
| Source-month dated rows | 0 |
| Revenue bucket count | 0 |
| Operating expense bucket count | 0 |
| ECO GL Column E rows | 27 |
| ECO GL Column E sum | -$4,019.18 |

Financial summary:
- Lofty-held current maintenance reserve: $1,103.40
- ECO GL Column E sum: -$4,019.18 (27 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: $2,285.85
- ECO GL Column E sum: $1,590.52 (25 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: $2,285.85
- ECO GL Column E sum: $1,590.52 (25 rows)

## 2026-06-27

- Property Update (06/27/2026):
Hi everyone,

Quick update on **4318 Clybourne Ave, Cleveland, OH 44109**:

- 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: $2,285.85
- ECO GL Column E sum: $1,590.52 (25 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 | $103,569.36 |
| Lofty Operating Cash | $12,070.89 |
| ECO Operating Cash | $4,979.57 |
| Outstanding Liabilities (Unpaid Bills) | $0.00 |
| DAO Net Cash (Capital Call) | $220,243.25 |
| Estimated Owners' Equity | $82,328.00 |
| DAO Estimated NAV Per Token | $85.76 |
| DAO Tokens | 4819 |
| Current PM | YHOME |

## 2026-06-27

- Property Update (06/27/2026):
Financial summary:
- Lofty-held current maintenance reserve: $2,285.85
- ECO GL Column E sum: $1,590.52 (25 rows)

- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):
| Field | Value |
|-------|-------|
| Yhome Net Due TO DAO | $103,569.36 |
| Lofty Operating Cash | $12,070.89 |
| ECO Operating Cash | $4,979.57 |
| Outstanding Liabilities (Unpaid Bills) | $0.00 |
| DAO Net Cash (Capital Call) | $220,243.25 |
| Estimated Owners' Equity | $82,328.00 |
| DAO Estimated NAV Per Token | $85.76 |
| DAO Tokens | 4819 |
| Current PM | YHOME |

## 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 | $103,569.36 |
    | Lofty Operating Cash | $12,070.89 |
    | ECO Operating Cash | $4,979.57 |
    | Outstanding Liabilities (Unpaid Bills) | $0.00 |
    | DAO Net Cash (Capital Call) | $220,243.25 |
    | Estimated Owners' Equity | $82,328.00 |
    | DAO Estimated NAV Per Token | $85.76 |
    | DAO Tokens | 4819 |
    | Current PM | YHOME |

## 2026-04-01

- Property Update (04/01/2026):
- **Aligned Statement Analysis (Jan 1 - Dec 31, 2025):**
- **4318 Clybourne Ave (Main Unit):**
- Rent collection through December 2025: Tenant paid $500/month (main unit)
- Last rent receipt: December 2, 2025
- Owner shown on statement: Calixte Duffaut
- Property manager shown: Aligned Properties
- Management fees paid through December 2025 to Aligned Properties
- **Inter-Property Transfers Sent (Withheld by Aligned for Debt Recovery):**
- Jul 17, 2025: $953.84 transferred to 3139 West Blvd
- Oct 15, 2025: $1,012.01 transferred to 1845 W 48th
- Oct 15, 2025: $325.27 transferred to 1845 W 48th
- Oct 15, 2025: $279.71 transferred to 3139 West Blvd
- Total transfers out: $2,570.83
- **4318 Clybourne Ave (Rear Unit):**
- Rent collection through December 2025: Tenant paid $695/month (rear unit)
- Last rent receipt: December 2, 2025 (prepaid)
- **Inter-Property Transfers Sent (Withheld by Aligned for Debt Recovery):**
- Jul 17, 2025: $2,426.50 transferred to 3139 West Blvd
- Oct 15, 2025: $135.80 transferred to 1845 W 48th
- Total transfers out: $2,562.30
- **Combined Clybourne Transfers Out: $5,133.13**
- These transfers represent debt recovery by Aligned Properties — funds withheld from Clybourne to cover debts Cal Duffaut refused to pay, redirected to other indebted properties in the portfolio.
- Statement generated Jan 22, 2026; no post-Dec 2025 data available
- Source: Aligned Properties Owner Statement (Jan 1 - Dec 31, 2025)

## 2026-04-01

- Property Update (04/01/2026):
- **Aligned Statement Analysis (Jan 1 - Dec 31, 2025):**
    - **4318 Clybourne Ave (Main Unit):**
    - Rent collection through December 2025: Tenant paid $500/month (main unit)
    - Last rent receipt: December 2, 2025
    - Owner shown on statement: Calixte Duffaut
    - Property manager shown: Aligned Properties
    - Management fees paid through December 2025 to Aligned Properties
    - **Inter-Property Transfers Sent (Withheld by Aligned for Debt Recovery):**
    - Jul 17, 2025: $953.84 transferred to 3139 West Blvd
    - Oct 15, 2025: $1,012.01 transferred to 1845 W 48th
    - Oct 15, 2025: $325.27 transferred to 1845 W 48th
    - Oct 15, 2025: $279.71 transferred to 3139 West Blvd
    - Total transfers out: $2,570.83
    - **4318 Clybourne Ave (Rear Unit):**
    - Rent collection through December 2025: Tenant paid $695/month (rear unit)
    - Last rent receipt: December 2, 2025 (prepaid)
    - **Inter-Property Transfers Sent (Withheld by Aligned for Debt Recovery):**
    - Jul 17, 2025: $2,426.50 transferred to 3139 West Blvd
    - Oct 15, 2025: $135.80 transferred to 1845 W 48th
    - Total transfers out: $2,562.30
    - **Combined Clybourne Transfers Out: $5,133.13**
    - These transfers represent debt recovery by Aligned Properties - funds withheld from Clybourne to cover debts Cal Duffaut refused to pay, redirected to other indebted properties in the portfolio.
    - Statement generated Jan 22, 2026; no post-Dec 2025 data available
    - Source: Aligned Properties Owner Statement (Jan 1 - Dec 31, 2025)

## 2025-09-16

- Property Update (09/16/2025):
- Governance Results for 4318 Clybourne Ave:
    - The Governance Voting results are back for the owner-proposed vote.
    - The winning vote is:
    - Approve DAO-led Refinance as outlined. DAO keeps the property.
    - This option was declared the winner in Round 1 with 1,740 t