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): September 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 September 1, 2022, the Manager to each of the following series (each a “Series” and collectively the “Series”) of Landa App LLC, declared and paid a cash distribution (the “Distribution”) for such Series for the month of August 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.
ies | Cash Available for Distribution | Distribution per Share (1) | ||||||
Landa App LLC - 1703 Summerwoods Lane Griffin GA LLC | $ | 382.09 | $ | 0.038 | ||||
Landa App LLC - 1743 Summerwoods Lane Griffin GA LLC | $ | 568.10 | $ | 0.057 | ||||
Landa App LLC - 1712 Summerwoods Lane Griffin GA LLC | $ | 348.98 | $ | 0.035 | ||||
Landa App LLC - 8678 Ashley Way Douglasville GA LLC | $ | 458.32 | $ | 0.011 | ||||
Landa App LLC - 6436 Stone Terrace Morrow GA LLC(3) | $ | 0.00 | $ | 0.000 | ||||
Landa App LLC - 4267 High Park Lane East Point GA LLC(3) | $ | 0.00 | $ | 0.000 | ||||
Landa App LLC - 4474 Highwood Park Drive East Point GA LLC | $ | 282.43 | $ | 0.028 | ||||
Landa App LLC - 8652 Ashley Way Douglasville GA LLC(2) | $ | 678.66 | $ | 0.007 | ||||
Landa App LLC - 6440 Woodstone Terrace Morrow GA LLC(2) | $ | 350.99 | $ | 0.035 | ||||
Landa App LLC - 1750 Summerwoods Lane Griffin GA LLC | $ | 528.85 | $ | 0.053 | ||||
Landa App LLC - 8668 Ashley Way Douglasville GA LLC | $ | 520.56 | $ | 0.005 | ||||
Landa App LLC - 8662 Ashley Way Douglasville GA LLC | $ | 443.71 | $ | 0.044 | ||||
Landa App LLC - 8670 Ashley Way Douglasville GA LLC | $ | 472.81 | $ | 0.013 | ||||
Landa App LLC - 8675 Ashley Way Douglasville GA LLC | $ | 555.39 | $ | 0.056 | ||||
Landa App LLC - 8641 Ashley Way Douglasville GA LLC | $ | 499.36 | $ | 0.050 | ||||
Landa App LLC - 6848 Sandy Creek Drive Riverdale GA LLC | $ | 719.83 | $ | 0.072 | ||||
Landa App LLC - 593 Country Lane Drive Jonesboro GA LLC | $ | 396.73 | $ | 0.040 | ||||
Landa App LLC - 8645 Embrey Drive Jonesboro GA LLC | $ | 699.12 | $ | 0.070 | ||||
Landa App LLC - 10167 Port Royal Court Jonesboro GA LLC | $ | 470.87 | $ | 0.047 | ||||
Landa App LLC - 9439 Lakeview Road Union City GA LLC | $ | 500.32 | $ | 0.050 | ||||
Landa App LLC - 1910 Grove Way Hampton GA LLC | $ | 595.95 | $ | 0.060 | ||||
Landa App LLC - 8780 Churchill Place Jonesboro GA LLC | $ | 518.65 | $ | 0.052 | ||||
Landa App LLC - 8796 Parliament Place Jonesboro GA LLC | $ | 394.58 | $ | 0.039 | ||||
Landa App LLC - 7349 Exeter Court Riverdale GA LLC | $ | 519.73 | $ | 0.052 | ||||
Landa App LLC - 8674 Ashley Way Douglasville GA LLC | $ | 545.45 | $ | 0.055 | ||||
Landa App LLC - 8683 Ashley Way Douglasville GA LLC | $ | 507.99 | $ | 0.05 | ||||
Landa App LLC - 8569 Creekwood Way Jonesboro GA LLC | $ | 253.61 | $ | 0.025 | ||||
Landa App LLC - 8655 Ashley Way Douglasville GA LLC(2) | $ | 706.66 | $ | 0.005 | ||||
Landa App LLC - 687 Utoy Court Jonesboro GA LLC | $ | 434.01 | $ | 0.043 | ||||
Landa App LLC - 1246 Elgin Way Riverdale GA LLC | $ | 446.43 | $ | 0.045 | ||||
Landa App LLC - 8651 Ashley Way Douglasville GA LLC | $ | 536.72 | $ | 0.054 | ||||
Landa App LLC - 1394 Oakview Circle Forest Park GA LLC | $ | 422.81 | $ | 0.042 | ||||
Landa App LLC - 8677 Ashley Way Douglasville GA LLC | $ | 581.02 | $ | 0.058 | ||||
Landa App LLC - 8654 Ashley Way Douglasville GA LLC | $ | 541.09 | $ | 0.054 | ||||
Landa App LLC - 8653 Ashley Way Douglasville GA LLC | $ | 632.36 | $ | 0.063 | ||||
Landa App LLC - 8659 Ashley Way Douglasville GA LLC | $ | 710.06 | $ | 0.008 | ||||
Landa App LLC - 8679 Ashley Way Douglasville GA LLC | $ | 438.33 | $ | 0.044 | ||||
Landa App LLC- 729 Winter Lane Jonesboro GA LLC(3) | $ | 0.00 | $ | 0.00 |
(1) | Distributions by each Series were made based on the total Shares outstanding as of August 31, 2022. |
(2) | The Manager, acting in its sole discretion, is using a portion of its Reserve (as defined in our 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: September 8, 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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