SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* SALKIND GEORG GERSHON (Last) (First) (Middle) ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET (Street) TEL AVIV L3 67891 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/20/2015	3. Issuer Name and Ticker or Trading Symbol Landmark Apartment Trust, Inc. [ NONE ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock par value $0.01	7,171,834.73	I(1)(2)(3)(4)	Elco North America Inc.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* SALKIND GEORG GERSHON (Last) (First) (Middle) ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET (Street) TEL AVIV L3 67891 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* G. SALKIND LTD. (Last) (First) (Middle) ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET (Street) TEL AVIV L3 67891 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ELCO Ltd (Last) (First) (Middle) ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET (Street) TEL AVIV L3 67891 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ELCO NORTH AMERICA INC. (Last) (First) (Middle) ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET (Street) TEL AVIV L3 67891 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. 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.

2. (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.

3. (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.

4. 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.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Eliezer Vessely, Attorney-in-Fact	11/25/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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