FINANCIAL RESULTS
Albanese Cormier Holdings, LLC and Subsidiaries NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Years ended December 31, 2025 and 2024
1.
Summary of Significant Accounting Policies Organization and Basis of Presentation
The accompanying consolidated financial statements include the accounts of Albanese Cormier Holdings, LLC (the “Company”). The Company acquires, improves and subsequently leases retail properties located in the southern United States. The Company is a Nevada Limited Liability Company and is the sole owner of independent single- member limited liability companies. All intercompany balances and transactions have been eliminated. The limited liability companies, which are wholly owned by the Company, are ignored for federal income tax purposes leaving the Company as the sole federal reporting entity. The Company under federal law has elected to be taxed as a partnership. Accordingly, for federal income tax purposes, the members are taxed on their proportionate share of the Company’s income. No current or deferred federal income tax
is included in these financial statements. The wholly owned companies include: Name
Company Owns
Albanese Cormier 365 Property, LLC Beaumont Westmont, LLC Twin City Warehouse, LLC
HEB Fuel Station in Port Arthur, TX for lease Westmont Shopping Center in Beaumont, TX Twin City Warehouse in Nederland, TX Restaurant property for lease in Beaumont, TX
2325 Calder, LLC Vidor ACH, LLC
Ten percent interest in Vidor Crossroads, LLC, which owns Crossroads Shopping Center Residential real estate held for development in Groves, TX
Indian Springs ACH, LLC
ACH Colonnade Shopping Center TX, LLC ACH 6310 Beaumont TX, LLC ACH Central Shopping Center, LLC ACH Central Office Building, LLC
Colonnade Shopping Center in Beaumont, TX Stifel Building located in Beaumont, TX Central Shopping Center in Fort Smith, AR The Beverly Office building in Fort Smith, AR Leased retail real estate in Fort Smith, AR Jefferson Square in Pine Bluff, AR North Plaza Shopping Center in Covington, TN Oak Park Town Center located in Hixson, TN Loan for Bluegrass Manor (Sold December 2025) McGowin Park located in Mobile, AL Bison Hollow Shopping Center located in Traverse City, MI
Fort Smith Fred’s, LLC ACH Pine Bluff, LLC ACH Covington, LLC
ACH Oak Park Town Center TN, LLC ACH Bluegrass Manor KY, LLC ACH McGowin Park AL, LLC ACH Bison Hollow Shopping Center MI, LLC ACH Oak Brook Square MI, LLC ACH Washburn Street WI, LLC ACH Net Lease Investments, LLC Albanese Cormier Management Group, LLC Albanese Nederland SPE, LLC Albanese Real Estate Investments, LLC Albanese Real Estate Arkansas, LLC Albanese Real Estate Investments of Louisiana Albanese Management Group, LLC ACS Forest Commons MS, LLC Beaumont Edison Plaza, LLC
Oak Brook Square located in Flint, MI Washburn Street located in Oshkosh, WI Acquisition holding company
Management Company for Albanese Cormier Holdings, LLC Seventy-five percent interest in Edison Plaza Partners, LLC, a commercial office tower located in Beaumont, TX
Mid County Shopping Center in Nederland, TX Eastex Office Building in Beaumont, TX Central City Shopping Center in Hot Springs, AR East Town Shopping Center in Lake Charles, LA
Management Company for Albanese Investment Group, LLC
Forest Commons located in Forest, MS
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