← 4318 Clybourne Ave, Cleveland, OH 44109 · All properties
UPDATES.md
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| Property | 4318 Clybourne Ave, Cleveland, OH 44109 |
|---|---|
| Folder | README & Property Snapshot |
| Kind | Text |
| Updated | 2026-07-14 |
| Dropbox path | 00 - README & Property Snapshot/UPDATES.md |
What This File Appears To Be
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))
# 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 token votes via the Ranked Choice Voting method.
- The voting results can be found on chain [here](https://allo.info/application/3215994830) or by searching the application ID: 3215994830
## 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 token votes via the Ranked Choice Voting method.
- The voting results can be found on chain [here](https://allo.info/application/3215994830) or by searching the application ID: 3215994830
## 2025-09-11
- Property Update (09/11/2025):
- Owner-Proposed Governance Vote for 4318 Clybourne Ave:
- The property manager, Earl Co with ECO Systems LLC the following [wallet address](https://allo.info/account/YILY2YPFH2HODAZSMVJ6C2URUTBJSEPB3377SIKHFCFMGQEEFAJ3E5TYDM), is proposing a governance vote.
- The property manager holds 0 tokens in this property.
- Their reasoning is below, word-for-word:
- *Because this is an owner proposed vote, Lofty cannot change the content. It’s up to owners to verify the accuracy of the claims below.
- [View Proposal to Approve Mortgage or Refinance Agreement](https://www.dropbox.com/scl/fi/mf92kr0c5a7if2wm64td1/Proposal-to-Approve-Mortgage-Agreement-4318-Clybourne-Ave-Cleveland-OH-44109.docx?rlkey=eehe47igcxcg2l1os21jx2jll&e=2&dl=0)
- The winning vote will be determined by a Supermajority of 60%+ and the results will be sent to owners on Tuesday, September 16th, once the voting period ends.
## 2025-09-11
- Property Update (09/11/2025):
- Owner-Proposed Governance Vote for 4318 Clybourne Ave:
- The property manager, Earl Co with ECO Systems LLC the following [wallet address](https://allo.info/account/YILY2YPFH2HODAZSMVJ6C2URUTBJSEPB3377SIKHFCFMGQEEFAJ3E5TYDM), is proposing a governance vote.
- The property manager holds 0 tokens in this property.
- Their reasoning is below, word-for-word:
- *Because this is an owner proposed vote, Lofty cannot change the content. It's up to owners to verify the accuracy of the claims below.
- [View Proposal to Approve Mortgage or Refinance Agreement](https://www.dropbox.com/scl/fi/mf92kr0c5a7if2wm64td1/Proposal-to-Approve-Mortgage-Agreement-4318-Clybourne-Ave-Cleveland-OH-44109.docx?rlkey=eehe47igcxcg2l1os21jx2jll&e=2&dl=0)
- The winning vote will be determined by a Supermajority of 60%+ and the results will be sent to owners on Tuesday, September 16th, once the voting period ends.
## 2025-06-13
- Property Update (06/13/2025):
- Please be advised that as of June 1, 2025, ECO Systems LLC, the Property Manager, no longer has access to this property on the Aligned AppFolio dashboard or any of its Owner Financial Statements. Due to its status as having been deeded to Yhome Nursing LLC, this property has switched back to Calixte Duffaut outside of ECO Systems or DAO approval. This also means that Yhome continues to receive net rents for this property. Owners may reach out directly to Nathan Fisher at Aligned Properties Group for any questions or concerns.
- Refinance proceeds and security deposits totaling $105,718.87 is currently being