UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 1-U
CURRENT REPORT PURSUANT TO REGULATION A
Date of Report (Date of earliest event reported): March 1, 2023
LANDA APP LLC
(Exact name of issuer as specified in its charter)
Delaware | | 85-1099443 |
(State or other jurisdiction of incorporation or organization) | | (I.R.S. Employer Identification No.) |
6 W. 18th Street
New York, NY 10011
(Full mailing address of principal executive offices)
646-905-0931
(Issuer's telephone number, including area code)
Membership
Interests: |
|
Landa App LLC - 10167 Port Royal Court Jonesboro GA LLC |
|
Landa App LLC - 1246 Elgin Way Riverdale GA LLC |
Landa App LLC - 1394 Oakview Circle Forest Park GA LLC |
|
Landa App LLC - 1703 Summerwoods Lane Griffin GA LLC |
Landa App LLC - 1712 Summerwoods Lane Griffin GA LLC |
|
Landa App LLC - 1743 Summerwoods Lane Griffin GA LLC |
Landa App LLC - 1750 Summerwoods Lane Griffin GA LLC |
|
Landa App LLC - 1910 Grove Way Hampton GA LLC |
Landa App LLC - 4267 High Park Lane East Point GA LLC |
|
Landa App LLC - 4474 Highwood Park Drive East Point GA LLC |
Landa App LLC - 593 Country Lane Drive Jonesboro GA LLC |
|
Landa App LLC - 6436 Stone Terrace Morrow GA LLC |
Landa App LLC - 6440 Woodstone Terrace Morrow GA LLC |
|
Landa App LLC - 6848 Sandy Creek Drive Riverdale GA LLC |
Landa App LLC - 687 Utoy Court Jonesboro GA LLC |
|
Landa App LLC - 729 Winter Lane Jonesboro GA LLC |
Landa App LLC - 7349 Exeter Court Riverdale GA LLC |
|
Landa App LLC - 8569 Creekwood Way Jonesboro GA LLC |
Landa App LLC - 8641 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8645 Embrey Drive Jonesboro GA LLC |
Landa App LLC - 8651 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8652 Ashley Way Douglasville GA LLC |
Landa App LLC - 8653 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8654 Ashley Way Douglasville GA LLC |
Landa App LLC - 8655 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8659 Ashley Way Douglasville GA LLC |
Landa App LLC - 8662 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8668 Ashley Way Douglasville GA LLC |
Landa App LLC - 8670 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8674 Ashley Way Douglasville GA LLC |
Landa App LLC - 8675 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8677 Ashley Way Douglasville GA LLC |
Landa App LLC - 8678 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8679 Ashley Way Douglasville GA LLC |
Landa App LLC - 8683 Ashley Way Douglasville GA LLC |
|
Landa App LLC - 8780 Churchill Place Jonesboro GA LLC |
Landa App LLC - 8796 Parliament Place Jonesboro GA LLC |
|
Landa App LLC - 9439 Lakeview Road Union City GA LLC |
(Title of each class of securities issued pursuant to Regulation A)
Distribution Declaration
On March 1, 2023, Landa Holdings, Inc. (the "Manager"),
as manager to each of the following series (each a "Series" and collectively the "Series") of the Company, declared
and paid a cash distribution (the "Distribution") for such Series for the month of February 2023 (the "Distribution Period"),
in the amount set forth in the table below.
For Shares purchased during the Distribution Period,
holders of shares in each Series ("Shares") will be eligible to receive distributions (rounded) calculated on a pro-rata basis,
based on the number of days in the applicable Distribution Period that such holder owned such Shares.
Series | |
Cash
Available for Distribution | | |
Distribution
per Share (1) | |
Landa App LLC - 8655 Ashley Way Douglasville GA LLC | |
$ | 497.48 | | |
$ | 0.05 | |
Landa App LLC - 8653 Ashley Way Douglasville GA LLC | |
$ | 632.36 | | |
$ | 0.063 | |
Landa App LLC - 8659 Ashley Way Douglasville GA LLC | |
$ | 710.06 | | |
$ | 0.071 | |
Landa App LLC - 8674 Ashley Way Douglasville GA LLC(7) | |
$ | 742.45 | | |
$ | 0.074 | |
Landa App LLC - 4474 Highwood Park Drive East Point GA LLC | |
$ | 198.43 | | |
$ | 0.02 | |
Landa App LLC - 8662 Ashley Way Douglasville GA LLC | |
$ | 443.71 | | |
$ | 0.044 | |
Landa App LLC - 8675 Ashley Way Douglasville GA LLC | |
$ | 555.39 | | |
$ | 0.056 | |
Landa App LLC - 1246 Elgin Way Riverdale GA LLC | |
$ | 446.44 | | |
$ | 0.045 | |
Landa App LLC - 4267 High Park Lane East Point GA LLC(6) | |
$ | 389.32 | | |
$ | 0.039 | |
Landa App LLC - 8645 Embrey Drive Jonesboro GA LLC | |
$ | 608.12 | | |
$ | 0.061 | |
Landa App LLC - 8668 Ashley Way Douglasville GA LLC | |
$ | 520.56 | | |
$ | 0.052 | |
Landa App LLC - 8677 Ashley Way Douglasville GA LLC | |
$ | 581.02 | | |
$ | 0.058 | |
Landa App LLC - 7349 Exeter Court Riverdale GA LLC | |
$ | 519.73 | | |
$ | 0.052 | |
Landa App LLC - 9439 Lakeview Road Union City GA LLC | |
$ | 500.32 | | |
$ | 0.05 | |
Landa App LLC - 8670 Ashley Way Douglasville GA LLC | |
$ | 388.81 | | |
$ | 0.039 | |
Landa App LLC - 8780 Churchill Place Jonesboro GA LLC(2) | |
$ | 0 | | |
$ | 0 | |
Landa App LLC - 8679 Ashley Way Douglasville GA LLC(5) | |
$ | 841.33 | | |
$ | 0.084 | |
Landa App LLC - 8569 Creekwood Way Jonesboro GA LLC(4) | |
$ | 351.25 | | |
$ | 0.035 | |
Landa App LLC - 8683 Ashley Way Douglasville GA LLC | |
$ | 507.99 | | |
$ | 0.051 | |
Landa App LLC - 6848 Sandy Creek Drive Riverdale GA LLC | |
$ | 719.83 | | |
$ | 0.072 | |
Landa App LLC - 8654 Ashley Way Douglasville GA LLC | |
$ | 541.08 | | |
$ | 0.054 | |
Landa App LLC - 593 Country Lane Drive Jonesboro GA LLC | |
$ | 468.12 | | |
$ | 0.047 | |
Landa App LLC - 1750 Summerwoods Lane Griffin GA LLC | |
$ | 528.85 | | |
$ | 0.053 | |
Landa App LLC - 8796 Parliament Place Jonesboro GA LLC | |
$ | 670.58 | | |
$ | 0.067 | |
Landa App LLC - 1910 Grove Way Hampton GA LLC(3) | |
$ | 717.75 | | |
$ | 0.072 | |
Landa App LLC - 729 Winter Lane Jonesboro GA LLC(6) | |
$ | 688.67 | | |
$ | 0.069 | |
Landa App LLC - 1703 Summerwoods Lane Griffin GA LLC | |
$ | 427.98 | | |
$ | 0.043 | |
Landa App LLC - 687 Utoy Court Jonesboro GA LLC | |
$ | 434.01 | | |
$ | 0.043 | |
Landa App LLC - 10167 Port Royal Court Jonesboro GA LLC | |
$ | 442 | | |
$ | 0.044 | |
Landa App LLC - 1712 Summerwoods Lane Griffin GA LLC(2) | |
$ | 0 | | |
$ | 0 | |
Landa App LLC - 6440 Woodstone Terrace Morrow GA LLC(2) | |
$ | 0 | | |
$ | 0 | |
Landa App LLC - 6436 Stone Terrace Morrow GA LLC | |
$ | 375.37 | | |
$ | 0.038 | |
Landa App LLC - 8678 Ashley Way Douglasville GA LLC | |
$ | 458.32 | | |
$ | 0.046 | |
Landa App LLC - 1743 Summerwoods Lane Griffin GA LLC | |
$ | 568.1 | | |
$ | 0.057 | |
Landa App LLC - 8641 Ashley Way Douglasville GA LLC | |
$ | 499.36 | | |
$ | 0.05 | |
Landa App LLC - 8652 Ashley Way Douglasville GA LLC | |
$ | 590.66 | | |
$ | 0.059 | |
Landa App LLC - 8651 Ashley Way Douglasville GA LLC | |
$ | 463.83 | | |
$ | 0.046 | |
Landa App LLC - 1394 Oakview Circle Forest Park GA LLC | |
$ | 460.24 | | |
$ | 0.046 | |
(1) Distributions by this Series were made based on the total Shares outstanding as of March 1, 2023.
(2) This Property is currently vacant.The Manager has determined that this Series does not have sufficient amounts (including any amounts in its Reserves) and will not be able to pay a Distribution to the holders of this Series' Shares for this Distribution Period.
(3) As of the date of this report, the tenant is still occupying the Properties underlying this Series and the Manager has commenced the process to remove these tenants. Once vacant,This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.
(4) This Property is currently vacant.This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.
(5) This Property is currently vacant.The Manager, acting in its sole discretion, is using a portion of its Reserve (as defined in the Offering Circular) to pay each of the holders of this Series' Share a Distribution.
(6) The tenant occupying this Property has not paid their rent, or has only paid a portion of their rent, for the month of February.
(7) The tenant occupying this Property has not paid their rent, or has only paid a portion of their rent, for the month of February.The Manager, acting in its sole discretion, is using a portion of its Reserve (as defined in the Offering Circular) to pay each of the holders of this Series' Share a Distribution.
For any additional information regarding the Shares discussed herein, shareholders should refer to the Offering Circulars, available on the SEC's website at www.sec.gov
Further information detailing the calculation of cash available for distribution for each Series is available on the Landa Mobile App, which is available on iOS and Android devices.
SIGNATURE
Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 2, 2023 | LANDA APP LLC |
| | |
| By: | Landa Holdings, Inc., |
| | its Manager |
| | |
| By: | /s/ Yishai Cohen |
| Name: | Yishai Cohen |
| Title: | Chairman, Chief Executive Officer, and President |
2
Exhibit A
Master Series Table
| |
Series | |
Offering
Status | |
Qualification
Date | |
Closing
Date | | |
Total
Number of Shares Sold | | |
Total
Amount Raised($)(1)(2) | | |
Monthly
Rental Income($)(3) | | |
Monthly
Property Tax($)(4) | | |
Monthly
Insurance Expense($) | | |
Monthly
Management Fee | |
1. | |
Landa Series 8655 Ashley Way (5) | |
closed | |
01/07/2022 | |
09/21/2022 | | |
| 10,000 | | |
| 61,051.44 | | |
| 1,100 | | |
| 83.35 | | |
| 23.99 | | |
| 8 | % |
2. | |
Landa Series 8653 Ashley Way (5) | |
closed | |
01/07/2022 | |
08/08/2022 | | |
| 10,000 | | |
| 52,932.8 | | |
| 1,100 | | |
| 82.67 | | |
| 23.97 | | |
| 8 | % |
3. | |
Landa Series 8659 Ashley Way (5) | |
closed | |
01/07/2022 | |
10/06/2022 | | |
| 10,000 | | |
| 63,265.1 | | |
| 1,250 | | |
| 85.11 | | |
| 27.23 | | |
| 8 | % |
4. | |
Landa Series 8674 Ashley Way (5)(7) | |
closed | |
01/07/2022 | |
08/08/2022 | | |
| 10,000 | | |
| 47,137.56 | | |
| 1,300 | | |
| 90.27 | | |
| 25.28 | | |
| 8 | % |
5. | |
Landa Series 4474 Highwood Park Drive (5) | |
closed | |
01/07/2022 | |
08/09/2022 | | |
| 10,000 | | |
| 42,897.46 | | |
| 1,200 | | |
| 163.33 | | |
| 30.7 | | |
| 8 | % |
6. | |
Landa Series 8662 Ashley Way (5) | |
closed | |
01/07/2022 | |
09/21/2022 | | |
| 10,000 | | |
| 56,097.2 | | |
| 975 | | |
| 88.51 | | |
| 26.78 | | |
| 8 | % |
7. | |
Landa Series 8675 Ashley Way (5) | |
closed | |
01/07/2022 | |
08/19/2022 | | |
| 10,000 | | |
| 45,350.08 | | |
| 1,100 | | |
| 81.99 | | |
| 25.61 | | |
| 8 | % |
8. | |
Landa Series 1246 Elgin Way (5) | |
closed | |
01/07/2022 | |
07/29/2022 | | |
| 10,000 | | |
| 38,284.48 | | |
| 1,267.88 | | |
| 164.17 | | |
| 34.77 | | |
| 8 | % |
9. | |
Landa Series 4267 High Park Lane (5)(7) | |
closed | |
01/07/2022 | |
08/15/2022 | | |
| 10,000 | | |
| 47,624.4 | | |
| 1,150 | | |
| 162.66 | | |
| 31.02 | | |
| 8 | % |
10. | |
Landa Series 8645 Embrey Drive (5) | |
closed | |
01/07/2022 | |
04/18/2022 | | |
| 10,000 | | |
| 34,144.12 | | |
| 1,300 | | |
| 122.83 | | |
| 35.05 | | |
| 8 | % |
11. | |
Landa Series 8668 Ashley Way (5) | |
closed | |
01/07/2022 | |
10/12/2022 | | |
| 10,000 | | |
| 58,222.8 | | |
| 1,150 | | |
| 106.83 | | |
| 33.04 | | |
| 8 | % |
12. | |
Landa Series 8677 Ashley Way (5) | |
closed | |
01/07/2022 | |
04/20/2022 | | |
| 10,000 | | |
| 42,666.96 | | |
| 1,100 | | |
| 78.46 | | |
| 24.75 | | |
| 8 | % |
13. | |
Landa Series 7349 Exeter Court (5) | |
closed | |
01/07/2022 | |
04/20/2022 | | |
| 10,000 | | |
| 39,137.42 | | |
| 1,150 | | |
| 137.61 | | |
| 34.16 | | |
| 8 | % |
14. | |
Landa Series 9439 Lakeview Road (5) | |
closed | |
01/07/2022 | |
08/25/2022 | | |
| 10,000 | | |
| 56,708.92 | | |
| 1,400 | | |
| 181.74 | | |
| 28.24 | | |
| 8 | % |
15. | |
Landa Series 8670 Ashley Way (5) | |
closed | |
01/07/2022 | |
11/20/2022 | | |
| 10,000 | | |
| 64,619.92 | | |
| 1,050 | | |
| 97.33 | | |
| 29.36 | | |
| 8 | % |
16. | |
Landa Series 8780 Churchill Place (5)(6) | |
closed | |
01/07/2022 | |
03/07/2022 | | |
| 10,000 | | |
| 38,056.12 | | |
| 0 | | |
| 138.91 | | |
| 35.43 | | |
| 8 | % |
17. | |
Landa Series 8679 Ashley Way (5)(6) | |
closed | |
01/07/2022 | |
08/03/2022 | | |
| 10,000 | | |
| 46,117.56 | | |
| 0 | | |
| 100.72 | | |
| 25.87 | | |
| 8 | % |
18. | |
Landa Series 8569 Creekwood Way (5)(6) | |
closed | |
01/07/2022 | |
04/26/2022 | | |
| 10,000 | | |
| 33,950.52 | | |
| 0 | | |
| 59.24 | | |
| 36.91 | | |
| 8 | % |
19. | |
Landa Series 8683 Ashley Way (5) | |
closed | |
01/07/2022 | |
10/28/2022 | | |
| 10,000 | | |
| 47,788.22 | | |
| 1,023.75 | | |
| 85.66 | | |
| 23.47 | | |
| 8 | % |
20. | |
Landa Series 6848 Sandy Creek Drive (5) | |
closed | |
01/07/2022 | |
02/13/2022 | | |
| 10,000 | | |
| 21,866.04 | | |
| 1,350 | | |
| 137.22 | | |
| 32.45 | | |
| 8 | % |
21. | |
Landa Series 8654 Ashley Way (5) | |
closed | |
01/07/2022 | |
11/20/2022 | | |
| 10,000 | | |
| 46,500.3 | | |
| 1,102.5 | | |
| 88.78 | | |
| 26.32 | | |
| 8 | % |
22. | |
Landa Series 593 Country Lane Drive (5) | |
closed | |
01/07/2022 | |
02/17/2022 | | |
| 10,000 | | |
| 24,591.42 | | |
| 1,019.81 | | |
| 155.5 | | |
| 29.61 | | |
| 8 | % |
23. | |
Landa Series 1750 Summerwoods Lane (5) | |
closed | |
01/07/2022 | |
08/26/2022 | | |
| 10,000 | | |
| 35,771.4 | | |
| 1,170 | | |
| 147.8 | | |
| 38.05 | | |
| 8 | % |
24. | |
Landa Series 8796 Parliament Place (5) | |
closed | |
01/07/2022 | |
03/11/2022 | | |
| 10,000 | | |
| 31,088.02 | | |
| 1,350 | | |
| 129.7 | | |
| 32.22 | | |
| 8 | % |
25. | |
Landa Series 1910 Grove Way (5)(8) | |
closed | |
01/07/2022 | |
02/15/2022 | | |
| 10,000 | | |
| 22,061.92 | | |
| 1,522.5 | | |
| 159.19 | | |
| 56.84 | | |
| 8 | % |
26. | |
Landa Series 729 Winter Lane (5)(7) | |
closed | |
01/07/2022 | |
03/04/2022 | | |
| 10,000 | | |
| 31,220.72 | | |
| 1,475 | | |
| 124.28 | | |
| 33.76 | | |
| 8 | % |
27. | |
Landa Series 1703 Summerwoods Lane (5) | |
closed | |
01/07/2022 | |
07/20/2022 | | |
| 10,000 | | |
| 35,771.4 | | |
| 1,047.38 | | |
| 147.8 | | |
| 26.11 | | |
| 8 | % |
28. | |
Landa Series 687 Utoy Court (5) | |
closed | |
01/07/2022 | |
04/19/2022 | | |
| 10,000 | | |
| 32,921.22 | | |
| 1,023.75 | | |
| 102.71 | | |
| 30.28 | | |
| 8 | % |
29. | |
Landa Series 10167 Port Royal Court (5) | |
closed | |
01/07/2022 | |
07/20/2022 | | |
| 10,000 | | |
| 28,099.32 | | |
| 1,102.5 | | |
| 132.97 | | |
| 32.16 | | |
| 8 | % |
30. | |
Landa Series 1712 Summerwoods Lane (5)(6) | |
closed | |
01/07/2022 | |
08/09/2022 | | |
| 10,000 | | |
| 46,161.4 | | |
| 0 | | |
| 147.8 | | |
| 28.33 | | |
| 8 | % |
31. | |
Landa Series 6440 Woodstone Terrace (5)(6) | |
closed | |
01/07/2022 | |
02/17/2022 | | |
| 10,000 | | |
| 18,243.78 | | |
| 0 | | |
| 74.93 | | |
| 43.08 | | |
| 8 | % |
32. | |
Landa Series 6436 Stone Terrace (5) | |
closed | |
01/07/2022 | |
02/03/2022 | | |
| 10,000 | | |
| 15,478.84 | | |
| 1,050 | | |
| 75.8 | | |
| 41.33 | | |
| 8 | % |
33. | |
Landa Series 8678 Ashley Way (5) | |
closed | |
01/07/2022 | |
11/20/2022 | | |
| 10,000 | | |
| 64,006.78 | | |
| 1,100 | | |
| 107.24 | | |
| 30.44 | | |
| 8 | % |
34. | |
Landa Series 1743 Summerwoods Lane (5) | |
closed | |
01/07/2022 | |
07/31/2022 | | |
| 10,000 | | |
| 35,771.4 | | |
| 1,200 | | |
| 147.8 | | |
| 26.4 | | |
| 8 | % |
35. | |
Landa Series 8641 Ashley Way (5) | |
closed | |
01/07/2022 | |
08/22/2022 | | |
| 10,000 | | |
| 49,949.84 | | |
| 1,100 | | |
| 99.64 | | |
| 27.57 | | |
| 8 | % |
36. | |
Landa Series 8652 Ashley Way (5) | |
closed | |
01/07/2022 | |
10/11/2022 | | |
| 10,000 | | |
| 59,329.3 | | |
| 1,100 | | |
| 88.51 | | |
| 26.03 | | |
| 8 | % |
37. | |
Landa Series 8651 Ashley Way (5) | |
closed | |
01/07/2022 | |
04/19/2022 | | |
| 10,000 | | |
| 41,900.48 | | |
| 1,102.5 | | |
| 83.75 | | |
| 23.83 | | |
| 8 | % |
38. | |
Landa Series 1394 Oakview Circle (5) | |
closed | |
06/30/2021 | |
08/09/2021 | | |
| 10,000 | | |
| 36,073.48 | | |
| 854.44 | | |
| 130.62 | | |
| 30.16 | | |
| 8 | % |
(1) All 10,000 Shares of this Series have been subscribed for and the Company is in the process of closing on the Series' offering with the investors.
(2) Reflected as of up to two (2) business days prior to the date of this Form 1-U. Each Series is offering up to a maximum of 10,000 Shares
(3) The Monthly Rental Income amount reflects the monthly rental payment due under the applicable lease agreement for the Property.
(4) Taxes on this Property may be subject to review and adjustment on a semi-annual basis.
(5) The Monthly Management Fee payable by each Series is expected to equal eight percent (8%) of the Gross Monthly Rent.
(6) This Property is currently vacant.This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.
(7) The tenant occupying this Property has not paid their rent, or has only paid a portion of their rent, for the month of February.
(8) As of the date of this report, the tenant is still occupying the Properties underlying this Series and the Manager has commenced the process to remove these tenants. Once vacant,This Property will not earn any income and the Manager will not earn its Management Fee until the Manager enters into a new Lease Agreement with a tenant for this Property.
Landa App (GM) (USOTC:LNDRS)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Landa App (GM) (USOTC:LNDRS)
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De Nov 2023 a Nov 2024