← 86 Madison Ave, Albany, NY 12202 · Portfolio index

2026-07-14 - EARLDAO Lender Authorization - 86 Madison Ave, Albany, NY 12202.md

Generated 2026-07-15T18:19:12.115766+00:00 from live Dropbox Public folders.

Description

# EARLDAO Lender Authorization - 86 Madison Ave ECO Deficit Refinance **Borrower:** The property DAO for 86 Madison Ave, Albany, NY 12202 **Lender:** Ecosystems Asset Recovery Lending DAO LLC (EARLDAO) **Payoff recipient:** ECO Systems LLC **Calculation date:** July 14, 2026 **Status:** Draft - effective only if the property DAO selects the EARLDAO option ## Purpose Authorize EARLDAO to make the 86 Madison Ave loan official and fund a direct payoff to ECO Systems LLC, replacing the informal ECO

Extracted Content

# EARLDAO Lender Authorization - 86 Madison Ave ECO Deficit Refinance **Borrower:** The property DAO for 86 Madison Ave, Albany, NY 12202 **Lender:** Ecosystems Asset Recovery Lending DAO LLC (EARLDAO) **Payoff recipient:** ECO Systems LLC **Calculation date:** July 14, 2026 **Status:** Draft - effective only if the property DAO selects the EARLDAO option ## Purpose Authorize EARLDAO to make the 86 Madison Ave loan official and fund a direct payoff to ECO Systems LLC, replacing the informal ECO deficit with a documented lender asset and borrower liability. ## Maximum Initial Authorization | Metric | Amount | |---|---:| | Accounting principal, no approved retroactive interest | $8,298.17 | | Maximum 12% retroactive interest through 2026-07-14 | $468.53 | | Maximum interest-included payoff as of 2026-07-14 | $8,766.70 | The borrower vote controls whether retroactive interest is included. EARLDAO may not capitalize the hypothetical amount unless that option wins. ## Authorized Terms - Maximum initial funding equals the borrower-approved payoff refreshed through the actual closing date. - 12% simple prospective interest, accrued daily without compounding. - 36-month maturity and no pre