Franklin Street Corner Loft
Stabilized 3,100 sq ft luxury loft in landmark Tribeca cast-iron building with corporate lease.
Target Annual Yield
+5.3%
USDC paid quarterly
Syndication Highlights
The Underlying Asset
Physical custody verification, condition auditing, and independent certified appraisal reports.
Independent Valuation & Audit
CertifiedRICS Chartered Surveyors
$5,400,000
ERC-3643 (Permissioned)
#10393
0x7c4e9b1f0d5a3e28c6f41b9d2a0e7f5c38d1b6a4
Vault Custody & Security
InsuredLoop'D Title Trust (Wilmington, Delaware, US)
Lloyd’s of London Syndicate
100% of Fair Market Value
Title custody · property SPV located in Wilmington, Delaware, US. Insured up to $1,200,000,000.
Asset Specifications & Intrinsic Attributes
- Type
- Corner condominium loft
- Size
- 3,100 sq ft
- Elevator
- Direct key-locked elevator entry
- Lease
- Institutional tenant through 2029
The Numbers & Distribution Economics
Transparent fee breakdowns, quarterly dividend schedules, and historical asset valuation trends.
Annual Yield Waterfall Breakdown
| Revenue & Expense Component | Annual Rate | Annual Per Unit ($100) | Quarterly Per Unit |
|---|---|---|---|
| Gross Rental & Exhibition Income | ++7.5% | +$7.50 | +$1.88 |
| Operating Reserves, Insurance & Maintenance | −+1.2% | −$1.20 | −$0.30 |
| Loop’D Platform Management Fee | −+1.0% | −$1.00 | −$0.25 |
| Net Projected Yield to Unit Holders | +5.3% | $5.30 | $1.33 |
Quarterly Distribution Track & Forward Projections
Per-unit distributions paid to date (settled) vs forward projected quarterly dividends.
Asset Valuation History
Historical fair market valuation pinned to verified appraiser index and platform sales.
Key Economic Assumptions
- •Gross lease revenue based on execute multi-year commercial corporate tenancy contracts with annual escalators.
- •Operating reserve fund maintained at 6 months of baseline expenses before distributions are processed.
- •Platform management fee fixed at 1.0% annual of asset gross asset value, deducted pro-rata per quarter.
- •Valuations reconciled annually against independent RICS certified appraisals or accredited specialist audits.
Distribution History
Audited historical quarterly dividend distributions disbursed in USDC to unit holders.
| Period | Settlement Date | Dividend / Unit | Total Disbursed | Your Distribution | Ledger Status |
|---|---|---|---|---|---|
| Q4 2026 | $1.37 | $73,980 | — | Settled | |
| Q3 2026 | $1.35 | $72,900 | — | Settled | |
| Q2 2026 | $1.32 | $71,280 | — | Settled | |
| Q1 2026 | $1.33 | $71,820 | — | Settled | |
| Q4 2025 | $1.31 | $70,740 | — | Settled | |
| Q3 2025 | $1.30 | $70,200 | — | Settled | |
| Q2 2025 | $1.42 | $76,680 | — | Settled | |
| Total Paid to Date | 7 settled quarters | $9.40 | $507,600 | — | USDC Disbursed |
Governance & Unit Holder Voting
Unit holders possess binding legal governance over acquisitions, lease terms, and capital expenditures. Votes are weighted by units held.
p_11_0Approve 3-year tenant lease extension with 3.5% annual escalator
The commercial occupant has formally proposed exercising an early 3-year extension option. Halden recommends acceptance to lock in occupancy through 2029 without brokerage vacancy costs.
p_11_1Install custom private rooftop access deck
Proposal to allocate $110,000 for roof deck construction. Rejected by unit holders due to municipal historic district permit complications.
Prospectus & Legal Documents
Complete due diligence disclosures, independent structural surveys, certified title deeds, and SPV bylaws.
Offering memorandum
PDF Document · 4.9 MB
Condominium financial prospectus
PDF Document · 3.1 MB
Corporate lease abstract
PDF Document · 920 KB
Title insurance binder
PDF Document · 1.5 MB
Holder Distribution & Governance Weights
Live tokenized unit registry inscribed on the Loop’D Ledger. All addresses verified under ERC-3643 KYC standards.
43.8%
494
| Rank | Collector / Entity | Clearance Tier | Units Held | Ownership Share | Position Value |
|---|---|---|---|---|---|
| #1 | Collector | 5,855 units | 1084.26%% | $585,500 | |
| #2 | Collector | 4,600 units | 851.85%% | $460,000 | |
| #3 | Verified | 3,215 units | 595.37%% | $321,500 | |
| #4 | Verified | 2,410 units | 446.30%% | $241,000 | |
| #5 | Verified | 1,938 units | 358.89%% | $193,800 | |
| #6 | Collector | 1,585 units | 293.52%% | $158,500 | |
| #7 | Collector | 1,327 units | 245.74%% | $132,700 | |
| #8 | Collector | 1,026 units | 190.00%% | $102,600 | |
| #9 | Collector | 887 units | 164.26%% | $88,700 | |
| #10 | Collector | 799 units | 147.96%% | $79,900 |
Secondary Unit Order Book
Continuous secondary market matching for post-lockup units. 1.0% trading fee, zero buyer gas, and instant settlement in USDC.
$1.00
+0.99% market spread$39.5K
392 units transferred456
264 bids · 192 asksBids (Buy Orders)
Depth: 264 units| Price | Quantity | Total | Action |
|---|---|---|---|
| $100 | 19 | $1,904 | |
| $99.48 | 72 | $7,163 | |
| $98.78 | 35 | $3,457 | |
| $97.87 | 82 | $8,025 | |
| $96.96 | 56 | $5,430 |
Asks (Sell Orders)
Depth: 192 units| Price | Quantity | Total | Action |
|---|---|---|---|
| $101 | 47 | $4,756 | |
| $102 | 27 | $2,751 | |
| $103 | 51 | $5,243 | |
| $104 | 21 | $2,184 | |
| $106 | 46 | $4,854 |
Statutory Risk Factors & Considerations
Loop’D maintains institutional transparency. Review these specific asset risks prior to unit allocation.
Tenant Default & Vacancy Risk
Projected rental yields rely on continuous occupancy; extended corporate vacancy or renegotiated commercial lease rates will impact quarterly dividend distributions.
Secondary Liquidity & Lock-up Constraints
Units are subject to a mandatory 6-month initial lock-up, after which secondary market depth depends on active peer matching rather than an automated market maker.
Underlying Asset Valuation Volatility
Appraisal figures reflect current fair market valuation and independent surveyor estimates; macro real estate, automotive, and fine art indices fluctuate with broader economic conditions.
Regulatory & Cross-Border Tax Considerations
Distributions are settled in USDC to member wallets; unit holders are responsible for individual local tax obligations arising from property SPV dividends and capital realizations.
Physical Asset & Environmental Hazards
While assets carry comprehensive syndicate insurance coverage through Lloyd's of London, force majeure events or statutory eminent domain procedures could delay claims settlement.
Sponsor Track Record & Verification
All syndication sponsors undergo institutional KYB clearance, track record auditing, and legal SPV structuring.
Residential and mixed-use real estate sponsor. $1.2B AUM across 38 properties.
3
$21.7M
$1.8M
+6.1%
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