1-U 1 ea159469-1u_landaapp.htm CURRENT REPORT

 

 

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): May 1, 2022

 

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

(Address of principal executive offices)

 

646-905-0931

(Issuer’s telephone number, including area code)

 

Membership Interests:

 

Landa App LLC - 1394 Oakview Circle Forest Park GA LLC   Landa App LLC - 7349 Exeter Court Riverdale GA LLC
Landa App LLC - 1701 Summerwoods Lane Griffin GA LLC   Landa App LLC – 8645 Embrey Drive Jonesboro GA LLC
Landa App LLC - 1741 Park Lane Griffin GA LLC   Landa App LLC - 8780 Churchill Place Jonesboro GA LLC
Landa App LLC - 1703 Summerwoods Lane Griffin GA LLC   Landa App LLC - 8796 Parliament Place Jonesboro GA LLC
Landa App LLC – 1712 Summerwoods Lane Griffin GA LLC   Landa App LLC - 8641 Ashley Way Douglasville GA LLC
Landa App LLC - 1743 Summerwoods Lane Griffin GA LLC   Landa App LLC - 8651 Ashley Way Douglasville GA LLC
Landa App LLC - 1750 Summerwoods Lane Griffin GA LLC   Landa App LLC - 8652 Ashley Way Douglasville GA LLC
Landa App LLC - 4267 High Park Lane East Point GA LLC   Landa App LLC - 8653 Ashley Way Douglasville GA LLC
Landa App LLC - 4474 Highwood Park Drive East Point GA LLC   Landa App LLC - 8654 Ashley Way Douglasville GA LLC
Landa App LLC - 8569 Creekwood Way Jonesboro GA LLC   Landa App LLC - 8655 Ashley Way Douglasville GA LLC
Landa App LLC - 9439 Lakeview Road Union City GA LLC   Landa App LLC - 8659 Ashley Way Douglasville GA LLC
Landa App LLC - 10167 Port Royal Court Jonesboro GA LLC   Landa App LLC - 8662 Ashley Way Douglasville GA LLC
Landa App LLC - 1246 Elgin Way Riverdale GA LLC   Landa App LLC - 8668 Ashley Way Douglasville GA LLC
Landa App LLC - 1910 Grove Way Hampton GA LLC   Landa App LLC - 8670 Ashley Way Douglasville GA LLC
Landa App LLC - 593 Country Lane Jonesboro GA LLC   Landa App LLC - 8674 Ashley Way Douglasville GA LLC
Landa App LLC - 6436 Stone Terrace Morrow GA LLC   Landa App LLC - 8675 Ashley Way Douglasville GA LLC
Landa App LLC - 6440 Woodstone Terrace Morrow GA LLC   Landa App LLC - 8677 Ashley Way Douglasville GA LLC
Landa App LLC - 6848 Sandy Creek Drive Riverdale GA LLC   Landa App LLC - 8678 Ashley Way Douglasville GA LLC
Landa App LLC - 687 Utoy Court Jonesboro GA LLC   Landa App LLC - 8679 Ashley Way Douglasville GA LLC
Landa App LLC - 729 Winter Lane Jonesboro GA LLC   Landa App LLC - 8683 Ashley Way Douglasville GA LLC

 

(Title of each class of securities issued pursuant to Regulation A)

 

 

 

 

 

 

Item 9. Other Events

 

Distribution Declaration

 

On May 1, 2022, Landa Holdings, Inc. (the “Manager”), as manager to each of the following series (each a “Series” and collectively the “Series”) of Landa App LLC (the “Company”), declared and paid a cash distribution (the “Distribution”) for such Series for the period between April 1, 2022 to April 30, 2022 (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 - 10167 Port Royal Court Jonesboro GA LLC  $396.00   $0.0396 
Landa App LLC - 1246 Elgin Way Riverdale GA LLC  $442.19   $0.044219 
Landa App LLC - 1394 Oakview Circle Forest Park GA LLC  $370.21   $0.037021 
Landa App LLC - 1701 Summerwoods Lane Griffin GA LLC(3)  $0.00   $0.00 
Landa App LLC - 1703 Summerwoods Lane Griffin GA LLC  $304.20   $0.03042 
Landa App LLC - 1712 Summerwoods Lane Griffin GA LLC  $352.32   $0.035232 
Landa App LLC - 1741 Park Lane Griffin GA LLC(3)  $0.00   $0.00 
Landa App LLC - 1743 Summerwoods Lane Griffin GA LLC  $285.07   $0.028507 
Landa App LLC - 1750 Summerwoods Lane Griffin GA LLC  $200.07   $0.020007 
Landa App LLC - 1910 Grove Way Hampton GA LLC(3)  $0.00   $0.00 
Landa App LLC - 4267 High Park Lane East Point GA LLC  $252.86   $0.025286 
Landa App LLC - 4474 Highwood Park Drive East Point GA LLC  $291.69   $0.029169 
Landa App LLC - 593 Country Lane Drive Jonesboro GA LLC  $355.07   $0.035507 
Landa App LLC - 6436 Stone Terrace Morrow GA LLC  $353.24   $0.035324 
Landa App LLC - 6440 Woodstone Terrace Morrow GA LLC(3)  $0.00   $0.00 
Landa App LLC - 6848 Sandy Creek Drive Riverdale GA LLC  $724.87   $0.072487 
Landa App LLC - 687 Utoy Court Jonesboro GA LLC  $361.22   $0.036122 
Landa App LLC - 729 Winter Lane Jonesboro GA LLC  $412.54   $0.041254 
Landa App LLC - 7349 Exeter Court Riverdale GA LLC  $437.56   $0.043756 
Landa App LLC - 8569 Creekwood Way Jonesboro GA LLC(2)  $342.71   $0.034271 
Landa App LLC - 8641 Ashley Way Douglasville GA LLC  $309.43   $0.030943 
Landa App LLC - 8645 Embrey Drive Jonesboro GA LLC  $439.82   $0.043982 
Landa App LLC - 8651 Ashley Way Douglasville GA LLC  $456.05   $0.045605 
Landa App LLC - 8652 Ashley Way Douglasville GA LLC  $359.27   $0.035927 
Landa App LLC - 8653 Ashley Way Douglasville GA LLC  $399.50   $0.03995 
Landa App LLC - 8654 Ashley Way Douglasville GA LLC  $413.36   $0.041336 
Landa App LLC - 8655 Ashley Way Douglasville GA LLC  $406.57   $0.040657 
Landa App LLC - 8659 Ashley Way Douglasville GA LLC(2)  $393.37   $0.039337 
Landa App LLC - 8662 Ashley Way Douglasville GA LLC  $369.99   $0.036999 
Landa App LLC - 8668 Ashley Way Douglasville GA LLC  $330.52   $0.033052 
Landa App LLC - 8670 Ashley Way Douglasville GA LLC  $341.59   $0.034159 
Landa App LLC - 8674 Ashley Way Douglasville GA LLC  $462.06   $0.046206 
Landa App LLC - 8675 Ashley Way Douglasville GA LLC  $344.42   $0.034442 
Landa App LLC - 8677 Ashley Way Douglasville GA LLC  $455.27   $0.045527 
Landa App LLC - 8678 Ashley Way Douglasville GA LLC  $228.01   $0.022801 
Landa App LLC - 8679 Ashley Way Douglasville GA LLC  $357.87   $0.035787 
Landa App LLC - 8683 Ashley Way Douglasville GA LLC  $385.78   $0.038578 
Landa App LLC - 8780 Churchill Place Jonesboro GA LLC  $515.08   $0.051508 
Landa App LLC - 8796 Parliament Place Jonesboro GA LLC  $414.59   $0.041459 
Landa App LLC - 9439 Lakeview Road Union City GA LLC  $215.99   $0.021599 

 

(1)Each Share represents a 1/10,000th interest in the Distribution.
(2) The tenant occupying this Property has not paid their rent for the month of April. The Manager, acting in its sole discretion, is using a portion of its Reserve (as defined in the Company’s offering circular available on the Securities and Exchange Commission’s website dated January 7, 2022 (the “Offering Circular”)) to pay each of the holders of this Series’ Share a Distribution.

(3)The tenant occupying this Property has not paid their rent for the month of April. 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.

 

For any additional information regarding the Shares discussed herein, shareholders should refer to the Offering Circular. Further information detailing the calculation of cash available for distribution for each Series is available on the Landa Mobile App. 

 

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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: May 5, 2022  
   
  LANDA APP LLC
   
  By: Landa Holdings, Inc.,
    its Manager
   
  By: /s/ Yishai Cohen
  Name:   Yishai Cohen
  Title: Chairman, Chief Executive Officer, and President

 

 

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