UPDATES.md

# Property Updates

## 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: -$1,316.30
NOI: -$1,316.30
Net Operating Cashflow: -$1,316.30

## 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: -$200.00 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $360.36 (ECO Systems General Ledger Column E (106 rows))

Financial summary:
- Lofty-held current maintenance reserve: -$200.00
- ECO GL Column E sum: $360.36 (106 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: -$1,316.30
NOI: -$1,316.30
Net Operating Cashflow: -$1,316.30

## 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: -$200.00 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $360.36 (ECO Systems General Ledger Column E (106 rows))



- **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: -$1,316.30
NOI: -$1,316.30
Net Operating Cashflow: -$1,316.30

## 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: -$200.00 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $360.36 (ECO Systems General Ledger Column E (106 rows))

Financial summary:
- Lofty-held current maintenance reserve: -$200.00
- ECO GL Column E sum: $360.36 (106 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: -$1,316.30
NOI: -$1,316.30
Net Operating Cashflow: -$1,316.30

## 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: -$200.00 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $360.36 (ECO Systems General Ledger Column E (106 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: -$1,316.30
NOI: -$1,316.30
Net Operating Cashflow: -$1,316.30

## 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: -$200.00 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $360.36 (ECO Systems General Ledger Column E (106 rows))

## 2026-07-11


- **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: -$1,316.30
NOI: -$1,316.30
Net Operating Cashflow: -$1,316.30

## 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: -$200.00 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $360.36 (ECO Systems General Ledger Column E (106 rows))


- **Property Update (07/11/2026):**
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: -$200.00
- ECO GL Column E sum: $1,676.66 (104 rows)

## 2026-07-02


- **Property Update (07/11/2026):**
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: -$200.00
- ECO GL Column E sum: $1,676.66 (104 rows)


- **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: -$200.00
- ECO GL Column E sum: $1,676.64 (103 rows)

- We are actively monitoring sale/disposition-related file activity for this property.
- Transaction and documentation review is in progress.
- A follow-up owner update will be sent with any material changes to status, timeline, or economics.
- Confirmed transaction stage
- Any owner actions required
- Reconciliation/distribution notes if closing occurs

- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):



- **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: -$200.00
- ECO GL Column E sum: $1,676.64 (103 rows)

- We are actively monitoring sale/disposition-related file activity for this property.
- Transaction and documentation review is in progress.
- A follow-up owner update will be sent with any material changes to status, timeline, or economics.
- Confirmed transaction stage
- Any owner actions required
- Reconciliation/distribution notes if closing occurs

- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):


- **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: -$200.00
- ECO GL Column E sum: $1,676.64 (103 rows)

## 2026-04-13


- **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: -$200.00
- ECO GL Column E sum: $1,676.64 (103 rows)


- **Property Update (04/13/2026):**
- We are actively monitoring sale/disposition-related file activity for this property.
- Transaction and documentation review is in progress.
- A follow-up owner update will be sent with any material changes to status, timeline, or economics.
- Confirmed transaction stage
- Any owner actions required
- Reconciliation/distribution notes if closing occurs

## 2026-04-06


- **Property Update (04/13/2026):**
- We are actively monitoring sale/disposition-related file activity for this property.
- Transaction and documentation review is in progress.
- A follow-up owner update will be sent with any material changes to status, timeline, or economics.
- Confirmed transaction stage
- Any owner actions required
- Reconciliation/distribution notes if closing occurs


- **Property Update (04/06/2026):**
- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):

**Property Updates**

## 2026-02-11


- **Property Update (04/06/2026):**
- Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx):

**Property Updates**


- **Property Update (02/11/2026):**
- Edited DAO Net Cash to $97,696.88 following $777.56 for final utilities.
- Estimated NAV/share for redemption: $27.61

## 2026-02-09


- **Property Update (02/11/2026):**
- Edited DAO Net Cash to $97,696.88 following $777.56 for final utilities.
- Estimated NAV/share for redemption: $27.61


- **Property Update (02/09/2026):**
- Closing has officially completed and net sale proceeds have been received.
- [Settlement Statement](https://www.dropbox.com/scl/fi/n0w2u7aaon5sbzntfb7o4/Master-Settlement-Statement-9919-S-Oglesby-Ave-Chicago-IL-60617.pdf?rlkey=oc8zqoktiq9eijugl95ulg72h&dl=0)
- [ECO Systems General Ledger](https://www.dropbox.com/scl/fi/1fcdmx575blxdpf0fckx8/General-Ledger-ECO-Systems-2026-02-10-9919-S-Oglesby-Ave-Chicago-IL-60617.csv?rlkey=zydllpdy0a3llswnhxbveo5uk&dl=0)
- DAO Net Cash: $97,696.88 (subject to change pending Lofty's final accounting)
- Note that this is somewhat lower than originally anticipated due to various repairs and seller concessions incurred since the offer was originally submitted, in lieu of having to replace the roof at the DAO's expense.
- Estimated NAV/share for redemption: $27.61

## 2026-01-06


- **Property Update (02/09/2026):**
- Closing has officially completed and net sale proceeds have been received.
- [Settlement Statement](https://www.dropbox.com/scl/fi/n0w2u7aaon5sbzntfb7o4/Master-Settlement-Statement-9919-S-Oglesby-Ave-Chicago-IL-60617.pdf?rlkey=oc8zqoktiq9eijugl95ulg72h&dl=0)
- [ECO Systems General Ledger](https://www.dropbox.com/scl/fi/1fcdmx575blxdpf0fckx8/General-Ledger-ECO-Systems-2026-02-10-9919-S-Oglesby-Ave-Chicago-IL-60617.csv?rlkey=zydllpdy0a3llswnhxbveo5uk&dl=0)
- DAO Net Cash: $97,696.88 (subject to change pending Lofty's final accounting)
- Note that this is somewhat lower than originally anticipated due to various repairs and seller concessions incurred since the offer was originally submitted, in lieu of having to replace the roof at the DAO's expense.
- Estimated NAV/share for redemption: $27.61


- **Property Update (01/06/2026):**
- Governance Results for 9919 S Oglesby Ave:
- The Governance Voting results are back for the owner-proposed votes.
- The winning vote is:
- Accept the offer and authorize Earl Vanze Co to sign closing documents on behalf of the DE LLC and WY DAO LLC, validate and settle balances with all creditors, and proceed with winding down corporate affairs.
- This voting option was declared the winner in Round 1 with 594 token votes.
- The voting results can be found on chain [here](https://allo.info/application/3396039700) or by searching the application ID: 3396039700
- The winning vote is:
- Approve 1.5% TC Fee ($0.57/share) to ECO Systems LLC
- This voting option received 550/778 token votes which is equal to 71% of the total votes.
- The voting results can be found on chain [here](https://allo.info/application/3396041392) or by searching the application ID: 3396041392

## 2025-12-31


- **Property Update (01/06/2026):**
- Governance Results for 9919 S Oglesby Ave:
- The Governance Voting results are back for the owner-proposed votes.
- The winning vote is:
- Accept the offer and authorize Earl Vanze Co to sign closing documents on behalf of the DE LLC and WY DAO LLC, validate and settle balances with all creditors, and proceed with winding do