← 9634 S Green St, Chicago, IL 60643 · All properties
UPDATES.md
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| Property | 9634 S Green St, Chicago, IL 60643 |
|---|---|
| Folder | README & Property Snapshot |
| Kind | Text |
| Updated | 2026-07-16 |
| 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.
## Cash Flow Snapshot (2026-06)
Revenue: $0.00
Operating Expenses: -$2,906.06
NOI: -$2,906.06
Net Operating Cashflow: -$2,906.06
## 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: -$2,520.63 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$7,439.78 (ECO Systems General Ledger Column E (39 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: -$2,906.06
NOI: -$2,906.06
Net Operating Cashflow: -$2,906.06
## 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: -$2,520.63 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$7,439.78 (ECO Systems General Ledger Column E (39 rows))
Financial summary:
- Lofty-held current maintenance reserve: -$2,520.63
- ECO GL Column E sum: -$4,833.18 (39 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: -$2,906.06
NOI: -$2,906.06
Net Operating Cashflow: -$2,906.06
## 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: -$2,520.63 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$7,439.78 (ECO Systems General Ledger Column E (39 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: -$2,906.06
NOI: -$2,906.06
Net Operating Cashflow: -$2,906.06
## 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: -$2,520.63 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$7,439.78 (ECO Systems General Ledger Column E (39 rows))
Financial summary:
- Lofty-held current maintenance reserve: -$2,520.63
- ECO GL Column E sum: -$7,439.78 (39 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: -$2,906.06
NOI: -$2,906.06
Net Operating Cashflow: -$2,906.06
## 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: -$2,520.63 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$7,439.78 (ECO Systems General Ledger Column E (39 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 (2026-04)
**Source:** Cash Flow Statement, month `2026-04`
**Updated:** 2026-05-18
| Metric | Amount |
|---|---:|
| Revenue | $0.00 |
| Operating Expenses | $0.00 |
| NOI | $0.00 |
| Loan/CapEx/Retained Earnings | $0.00 |
| Net Operating Cashflow | $0.00 |
| Rents | $0.00 |
| Property Management Fee | $0.00 |
| Insurance | $0.00 |
| Taxes | $0.00 |
| Utilities | $0.00 |
| Repairs / Maintenance | $0.00 |
| Operating Reserve Balance | $0.00 |
| ECO Cash Balance | $0.00 |
| Mortgage Principal Balance | $0.00 |
| Estimated NAV | $0.00 |
`source_workbook: Public/07 - P&L & Owner Statements/Cash Flow Statement - 9634 S Green Street, Chicago, IL 60643.xlsx`
<!-- AUTO:CF_PRIOR_MONTH_END -->
## 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 | -$2,520.63 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | -$7,439.78 | ECO Systems General Ledger Column E (39 rows) |
Financial summary:
- Lofty-held current maintenance reserve: -$2,520.63
- ECO GL Column E sum: -$7,439.78 (39 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: -$2,719.92
- ECO GL Column E sum: -$4,533.72 (37 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: -$2,719.92
- ECO GL Column E sum: -$4,533.72 (37 rows)
## 2026-06-27
- Property Update (06/27/2026):
Hi everyone,
Quick update on **9634 S Green St, Chicago, IL 60643**:
- 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: -$2,719.92
- ECO GL Column E sum: -$4,533.72 (37 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 | $6,218.91 |
| Lofty Operating Cash | $-2,282.17 |
| ECO Operating Cash | $-3,819.30 |
| Outstanding Liabilities (Unpaid Bills) | $0.00 |
| DAO Net Cash (Capital Call) | $-1,127.64 |
| Estimated Owners' Equity | $180,970.79 |
| DAO Estimated NAV Per Token | $53.41 |
| DAO Tokens | 3367 |
| Current PM | ECO (Selling) |
## 2026-06-27
- Property Update (06/27/2026):
Financial summary:
- Lofty-held current maintenance reserve: -$2,719.92
- ECO GL Column E sum: -$4,533.72 (37 rows)
- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):
| Field | Value |
|-------|-------|
| Yhome Net Due TO DAO | $6,218.91 |
| Lofty Operating Cash | $-2,282.17 |
| ECO Operating Cash | $-3,819.30 |
| Outstanding Liabilities (Unpaid Bills) | $0.00 |
| DAO Net Cash (Capital Call) | $-1,127.64 |
| Estimated Owners' Equity | $180,970.79 |
| DAO Estimated NAV Per Token | $53.41 |
| DAO Tokens | 3367 |
| Current PM | ECO (Selling) |
## 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 | $6,218.91 |
| Lofty Operating Cash | $-2,282.17 |
| ECO Operating Cash | $-3,819.30 |
| Outstanding Liabilities (Unpaid Bills) | $0.00 |
| DAO Net Cash (Capital Call) | $-1,127.64 |
| Estimated Owners' Equity | $180,970.79 |
| DAO Estimated NAV Per Token | $53.41 |
| DAO Tokens | 3367 |
| Current PM | ECO (Selling) |
## 2025-09-09
- Property Update (09/09/2025):
- Governance Results for 9634 S Green St:
- The Governance Voting results are back for the owner-proposed governance vote.
- The winning vote is:
- Option 1: Approve and Ratify the Organizational Resolution.
- This voting option received 1142 / 1152 token votes which is equal to 99% of the total votes.
- The voting results can be found on chain [here](https://allo.info/application/3205597882) or by searching the application ID: 3205597882
## 2025-09-09
- Property Update (09/09/2025):
- Governance Results for 9634 S Green St:
- The Governance Voting results are back for the owner-proposed governance vote.
- The winning vote is:
- Option 1: Approve and Ratify the Organizational Resolution.
- This voting option received 1142 / 1152 token votes which is equal to 99% of the total votes.
- The voting results can be found on chain [here](https://allo.info/application/3205597882) or by searching the application ID: 3205597882
## 2025-09-02
- Property Update (09/02/2025):
- Owner-Proposed Governance Vote for 9634 S Green St:
- The property manager, ECO Systems LLC with the following [wallet address](https://allo.info/account/YILY2YPFH2HODAZSMVJ6C2URUTBJSEPB3377SIKHFCFMGQEEFAJ3E5TYDM), is proposing a governance vote.
- This owner holds 1 token in this property.
- The owner's 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.
- Fellow owners,
- As you may or may not know, the predecessor entity for the DAO still holds title to the DAO’s real property at 9634 S Green St, Chicago, IL 60643. Please review and ratify this Organizational Resolution retroactively authorizing the DE LLC to be reinstated in DE and IL. The WY DAO LLC shall become the 100% sole member of the DE LLC and its members shall have all authority over the ownership and management of its underlying asset. The Organizational Resolution also designates Earl Vanze Co as the Manager of the DE LLC for the purposes of executing administrative tasks. Being that the defunct DE LLC would become an active single-member LLC, it would become a disregarded entity for tax purposes and will not need to file its own tax returns.
- The DE LLC will need to remain as an active entity registered with the Secretary of State in both DE and IL so long as it continues to hold title to real property and do business in the respective states, and the Manager shall be responsible for maintaining compliance with local and state laws. The Manager also has discretion to obtain a correction deed and/or affidavit of scrivener’s error, and grant title of the DAO's real property currently held by “LOFTY HOLDING 9634 S Green Street LLC, an Illinois Limited Liability Company” to "Lofty Holding 5541 S Peoria Street DAO LLC, a Wyoming decentralized autonomous organization limited liability company” and/or a third-party buyer upon closing of a sale, and formally terminate the DE LLC when it is no longer necessary for the DE LLC to remain active.
- Thank you for your prompt attention to this matter. Please submit your vote by T