1-U 1 ea180297-1u_landafin.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): June 8, 2023

 

Landa Financing LLC

(Exact name of issuer as specified in its charter)

 

Delaware   92-2028006
(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)

 

 

 

 

 

 

Item 9. Other Events

 

The following updates certain information found in the offering circular (the “Offering Circular”) of Landa Financing LLC (the “Company”) filed May 2, 2023, which can be found here.

 

Mortgage Loan

 

On June 8, 2023, the Company entered into a first mortgage loan with the Landa Series LLC listed in the table below, pursuant to the terms outlined in the table (the “Mortgage Loan”). The Mortgage Loan is secured by the underlying property owned by the respective Landa Series LLC located at the following address: 107 Oakwood Circle, Griffin, Georgia 30223. The Company notes that the Landa Series LLC, and its manager, are each an affiliate of the Company and the Manager.

 

Landa Series LLC Borrower  Loan
Amount
   Interest
Rate
   Loan Date  Maturity
Date
Landa App LLC – 107 Oakwood Circle Griffin GA LLC  $119,269            (1)  06/08/2023  06/08/2025

 

(1)Bears interest at the Interest Rate outlined in the Offering Circular (Overnight SOFR + 2%).

 

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EXHIBITS

 

The following exhibits are filed herewith:

 

Exhibit No.   Description
6.1   Mortgage Loan Agreement, by and between Landa Financing, LLC and Landa App LLC – 107 Oakwood Circle Griffin GA LLC

 

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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: June 13, 2023  
   
  LANDA FINANCING LLC
   
  By: Landa Management LLC,
    as manager
     
  By: Landa Holdings, Inc.,
as member manager
   
  By: /s/ Yishai Cohen
  Name:  Yishai Cohen
  Title: Chairman, Chief Executive Officer, and President

 

 

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