1-U 1 ea163972-1u_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): August 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

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

 

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

 

 

 

 

 

 

Item 9. Other Events

 

Distribution Declaration

 

On August 1, 2022, 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 July 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 - 1246 Elgin Way Riverdale GA LLC  $446.43   $0.045 
Landa App LLC - 8653 Ashley Way Douglasville GA LLC  $555.36   $0.056 
Landa App LLC - 8655 Ashley Way Douglasville GA LLC(2)  $556.66   $0.056 
Landa App LLC - 4267 High Park Lane East Point GA LLC(2)  $362.29   $0.036 
Landa App LLC - 8662 Ashley Way Douglasville GA LLC  $375.46   $0.038 
Landa App LLC - 4474 Highwood Park Drive East Point GA LLC  $198.43   $0.020 
Landa App LLC - 8675 Ashley Way Douglasville GA LLC  $643.39   $0.064 
Landa App LLC - 8645 Embrey Drive Jonesboro GA LLC  $608.12   $0.061 
Landa App LLC - 6436 Stone Terrace Morrow GA LLC  $375.37   $0.038 
Landa App LLC - 8796 Parliament Place Jonesboro GA LLC  $415.58   $0.042 
Landa App LLC - 7349 Exeter Court Riverdale GA LLC  $519.73   $0.052 
Landa App LLC - 687 Utoy Court Jonesboro GA LLC  $365.76   $0.037 
Landa App LLC - 8780 Churchill Place Jonesboro GA LLC(2)  $518.65   $0.052 
Landa App LLC - 8670 Ashley Way Douglasville GA LLC  $342.81   $0.034 
Landa App LLC - 8659 Ashley Way Douglasville GA LLC(2)  $722.56   $0.072 
Landa App LLC - 8674 Ashley Way Douglasville GA LLC  $468.45   $0.047 
Landa App LLC - 10167 Port Royal Court Jonesboro GA LLC  $397.37   $0.040 
Landa App LLC - 8677 Ashley Way Douglasville GA LLC  $493.50   $0.049 
Landa App LLC - 8654 Ashley Way Douglasville GA LLC  $463.91   $0.046 
Landa App LLC - 1703 Summerwoods Lane Griffin GA LLC  $312.27   $0.031 
Landa App LLC - 1743 Summerwoods Lane Griffin GA LLC  $484.10   $0.048 
Landa App LLC - 1394 Oakview Circle Forest Park GA LLC  $365.85   $0.037 
Landa App LLC - 9439 Lakeview Road Union City GA LLC  $323.22   $0.032 
Landa App LLC - 8679 Ashley Way Douglasville GA LLC  $368.33   $0.037 
Landa App LLC - 6440 Woodstone Terrace Morrow GA LLC(2)  $350.99   $0.035 
Landa App LLC - 8569 Creekwood Way Jonesboro GA LLC(2)  $332.56   $0.033 
Landa App LLC - 8641 Ashley Way Douglasville GA LLC  $422.36   $0.042 
Landa App LLC - 8678 Ashley Way Douglasville GA LLC  $297.32   $0.030 
Landa App LLC - 8651 Ashley Way Douglasville GA LLC  $463.22   $0.046 
Landa App LLC - 1750 Summerwoods Lane Griffin GA LLC  $446.95   $0.045 
Landa App LLC - 1712 Summerwoods Lane Griffin GA LLC  $284.67   $0.028 
Landa App LLC - 8683 Ashley Way Douglasville GA LLC  $436.33   $0.044 
Landa App LLC - 8652 Ashley Way Douglasville GA LLC(2)  $577.66   $0.058 
Landa App LLC - 593 Country Lane Drive Jonesboro GA LLC  $396.73   $0.040 
Landa App LLC - 6848 Sandy Creek Drive Riverdale GA LLC  $719.83   $0.072 
Landa App LLC - 1910 Grove Way Hampton GA LLC  $611.18   $0.061 
Landa App LLC - 8668 Ashley Way Douglasville GA LLC  $440.06   $0.044 
Landa App LLC - 729 Winter Lane Jonesboro GA LLC(3)
  $0.00   $0.00 

 

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(1)Each Share represents a 1/10,000th interest in the Distribution.

 

(2)The Manager, acting in its sole discretion, is using a portion of its Reserve (as defined in our Offering Circular available on the SEC’s website dated January 7, 2022 (the “Offering Circular”)) to pay holders of this Series’ Share a Distribution.

 

(3)The Property underlying this Series is 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. 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

 

For any additional information regarding the Shares discussed herein, shareholders should refer to the Offering Circular available here. 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.

 

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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: August 9, 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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