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): August 31, 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
The following table updates certain information provided in the Master Series Table found in the offering circular (the “Offering Circular”) of Landa App LLC (the “Company”), dated January 7, 2021, available here, regarding the properties set forth below (the “Properties” and each a “Property”).
New Lease Agreements; Renewals
The following lease agreement (“Lease Agreement”) was either entered into with a new tenant or renewed with an existing tenant on the terms set forth in the table below.
| Series | Address | Lease Commencement Date | Monthly Rental Income (1) | Lease Expiration Date (2) | ||||||||||||
| Landa App LLC - 8796 Parliament Place Jonesboro GA LLC | 8796 Parliament Place, Jonesboro, GA 30238 | September 1, 2022 | $ | 1,350 | August 31, 2023 | |||||||||||
| Landa App LLC - 8655 Ashley Way Douglasville GA LLC(3) | 8655 Ashley Way, Douglasville, GA 30134 | August 1, 2022 | $ | 1,100 | July 31, 2023 | |||||||||||
| Landa App LLC - 9439 Lakeview Road Union City GA LLC(3) | 9439 Lakeview Road, Union City, GA | August 1, 2022 | $ | 1,400 | July 31, 2023 | |||||||||||
| Landa App LLC – 8675 Ashley Way Douglasville, GA LLC | 8675 Ashley Way Douglasville, GA LLC | August 18, 2022 | $ | 1,100 | August 31, 2023 | |||||||||||
| Landa App LLC – 8652 Ashley Way Douglasville, GA LLC | 8652 Ashley Way Douglasville, GA LLC | September 1, 2022 | $ | 1,100 | August 31, 2023 | |||||||||||
| (1) | The Monthly Rental Income reflects the monthly rental payment set forth in the Lease Agreement. |
| (2) | After the Lease Expiration Date, the Lease Agreement will become a month-to-month lease, unless the tenant provides written notice at least thirty (30) days prior to the Lease Expiration Date of an intention to terminate the Lease Agreement. |
| (3) | The tenant occupying this Property executed their Lease Agreement after August 1, 2022. |
The foregoing is a summary of the terms of the applicable Lease Agreement for the Property set forth in the table above and does not purport to be a complete description of such terms. This summary is qualified in its entirety by reference to the applicable Lease Agreement, a form of which can be found here.
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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 6, 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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