1-U 1 oneuforloandoc0307.htm

 

 

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): July 05, 2024

 

Landa App 3 LLC

(Exact name of issuer as specified in its charter)

 

Delaware   87-2881696
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification No.)

 

20 W. 22nd Street

New York, NY 10010

(Address of principal executive offices)

 

646-905-0931

(Issuer’s telephone number, including area code)

 

Membership Interests:

 

Landa App 3 LLC - 6696 Mableton Parkway SE Mableton GA LLC   Landa App 3 LLC - 132 Cornelia Street Brooklyn NY LLC
Landa App 3 LLC - 1363 Hancock Street Brooklyn NY LLC   Landa App 3 LLC - 24 Ditmars Street Brooklyn NY LLC
Landa App 3 LLC - 996 Greenwood Avenue NE Atlanta GA LLC   Landa App 3 LLC - 368 Irwin Street NE Atlanta GA LLC

 

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

 

 

 

 

 

Item 9. Other Events

 

The following updates certain information found in the offering circular (the “Offering Circular”) of Landa App 3 LLC (the “Company”) filed June 28, 2023, which can be found here.

 

 

Repayment of Loan

 

On June 30, 2024, Landa App 3 LLC (the “Company”) as part of the refinance of the matured loan at 6696 Mableton Parkway SE Mableton GA, the company paid off the existing bridge loan from Conventus, and expect to complete the refinance of a new loan in the coming weeks.

 

Extension of Loan Agreement

 

On June 21, 2024, Landa App 3 LLC (the “Company”) extended maturity of the bridge loan of the 132 Cornelia Street Brooklyn NY to September 1, 2024. The terms and conditions of this extension are detailed in the agreement attached as Exhibit 6.1.

 

1

 

 

EXHIBITS

 

The following exhibits are filed herewith:

 

Exhibit No.   Description
6.1   Extension to the Landa App 3 - 132 Cornelia Street Brooklyn NY LLC Loan Agreement

 

2

 

 

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: July 05, 2024  
   
  LANDA APP 3 LLC
   
     
  By: Landa Holdings, Inc.,
as member manager
   
  By: /s/ Yishai Cohen
  Name:  Yishai Cohen
  Title: Chairman, Chief Executive Officer, and President