X0206 3 2015-11-20 0 0001347523 Landmark Apartment Trust, Inc. NONE 0001627184 SALKIND GEORG GERSHON ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV L3 67891 ISRAEL 0 0 1 0 0001627231 G. SALKIND LTD. ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV L3 67891 ISRAEL 0 0 1 0 0001626123 ELCO Ltd ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV L3 67891 ISRAEL 0 0 1 0 0001626110 ELCO NORTH AMERICA INC. ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV L3 67891 ISRAEL 0 0 1 0 Common Stock par value $0.01 7171834.73 I Elco North America Inc. Elco Landmark Residential Holdings II LLC ("ELRH II") was the holder of 1,226, 994 shares of Common Stock of the Issuer, which ELRH II acquired in connection with the consummation of the transactions contemplated by (i) the Assignment and Assumption Agreement, dated December 20, 2013, by and between ERLH II and Landmark Apartment Trust of America Holdings, LP, a Virginia limited partnership (the "OP"), (ii) the Payment Agreement, dated December 20, 2013, by and among ELRH II, the Issuer, and the OP, and (iii) the Asset Purchase and Contribution Agreement, dated December 20, 2013, by and among the Issuer, Elco Landmark Residential Holdings LLC, a Delaware limited liability company ("ELRH") and ELRH II. (Continued from footnote 1) On December 20, 2013, ELRH II subsequently transferred such Common Stock to ELRH. On August 12, 2012, ELRH, of which Elco North America Inc., a Delaware corporation ("ENA") is a member, entered into a Master Contribution and Recapitalization Agreement pursuant to which ELRH contributed a portfolio of multifamily residential properties to a subsidiary of the Issuer in exchange for cash, equity securities of such subsidiary and shares of Common Stock of the Issuer. On November 13, 2014, ELRH made a pro rata distribution (for no consideration) to ENA, as a member of ELRH, of 1,243,328.734 shares of Common Stock of the Issuer. (Continued from footnote 2) On November 14, 2014, ENA purchased an additional 178,506 shares of Common Stock of the Issuer from the other member of ELRH for $8.15 per share in a private sale transaction. On November 17, 2015, ENA exercised its Redemption Right pursuant to the Agreement of Limited Partnership of the OP and presented 5,750,000 Partnership Units in the OP (the "Presented Units") for redemption. On November 20, 2015, the OP issued to ENA 5,750,000 shares of Common Stock of the Issuer in exchange for the Presented Units. These 7,171,834.734 shares of Common Stock of the Issuer are held by ENA, of which Elco Limited is the sole shareholder. Approximately 64.9% of Elco Limited is held by G. Salkind Ltd., an Israeli corporation, of which Georg Gershon Salkind is the sole shareholder. Georg Gershon Salkind expressly disclaims any beneficial ownership of such Common Stock of the Issuer. Exhibit 24 - Power of Attorney /s/ Eliezer Vessely, Attorney-in-Fact 2015-11-25