0000000000-22-013010.txt : 20230425 0000000000-22-013010.hdr.sgml : 20230425 20221202093010 ACCESSION NUMBER: 0000000000-22-013010 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20221202 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Landa App 2 LLC CENTRAL INDEX KEY: 0001875877 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 871767314 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 6 W. 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: 646-905-0931 MAIL ADDRESS: STREET 1: 6 W. 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 PUBLIC REFERENCE ACCESSION NUMBER: 0001213900-22-024044 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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M?'9.DC>V$#]0\0VNDP6O ML+KNF+ N_@,C735R"F5N9'-T8 %/F2VY<;8,YUV"-D.4?&+V1?$KR^3_69XR M6 ^'7J!"UC>^X%1I(U^+C>LXOE2ALU[-?1T:YUNU=7[FH[OW3Z'*\-W\07IW M3=SE$ET^"M?^L7G$FPS8S$#Z TSMB7L*96YD'0M-2XT 9+C4* TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo December 2, 2022 Yishai Cohen Chief Executive Officer Landa App 2 LLC 6 W. 18th Street New York, NY 10011 Re: Landa App 2 LLC Offering Statement on Form 1-A Post-Qualification Amendment No. 8 Filed November 14, 2022 File No. 024-11648 Dear Yishai Cohen: We have reviewed your amendment and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our November 1, 2022 letter. Amendment No. 8 on Form 1-A POS filed November 14, 2022 Incorporation of Certain Information By Reference, page ii 1. We note you incorporate the Financial Statements and Accompanying Notes for the year ended December 31, 2021 and for the period ended June 30, 2022 for the eight (8) Series that were previously qualified. Please revise to clarify, if true, that you are also incorporating by reference the financial statements of Landa App 2 LLC, the issuer. Yishai Cohen FirstName Landa AppLastNameYishai Cohen 2 LLC Comapany2, December NameLanda 2022 App 2 LLC December Page 2 2, 2022 Page 2 FirstName LastName 2. We note your removal of certain financial statements from the body of the Post Qualification Amendment and your inclusion of the incorporation by reference of certain financial statements. With respect to the financial statements that are included in the Company's Form 1-K for the period ended December 31, 2021, please address the following: We refer you to our comment 2 from our letter dated May 26, 2022. We note your auditor refers to "each series of the Landa App 2 Series Group ( Series )" within its report. Please have your auditor revise its report to specifically identify each series. Please tell us how you determined it was unnecessary to present separate statements of cash flows for each of the series. Alternatively, please revise your filing to include these omitted statements of cash flows. Pro-forma Condensed Combined Statement Of Operations for the Period from January 1, 2021 to December 31, 2021 (unaudited), page F-202 3. We note your response to our comment 2. The column "Total Combined Unaudited Pro- Forma Condensed Statement of Operations" on both pages 212 and 215 includes the pro forma operations of the company's first eight series on a pro forma basis for the full year ended December 31, 2021 (see pages F-143 - F-150 and F-202 - F-203). The column "Total Combined Audited Statement of Operations" includes the results of operations for these same eight series for the period from December 8, 2021 through December 31, 2021 (see pages F-213 - F-214). Given the column "Total Combined Unaudited Pro-Forma Condensed Statement of Operations" is inclusive of the activity from December 8, 2021 to December 31, 2021, it appears the operations for these eight series for the period from December 8, 2021 - December 31, 2021 is included twice in the column "Total Combined Unaudited Pro-Forma Condensed Statement of Operations and Total Combined Audited Statement of Operations". Please revise to remove the superfluous disclosure. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Jennifer Monick at 202-551-3295 or Robert Telewicz at 202-551-3438 if you have questions regarding comments on the financial statements and related matters. Please contact James Lopez at 202-551-3536 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Mark Schonberger