LLKVS Landa App LLC (GM)

Filed pursuant to Rule 253(g)(2)

File No. 024-11953

This Supplement No. 6, dated June 12, 2023 (which we refer to as “this supplement”), supplements, and should be read in conjunction with, the offering circular (the “Offering Circular”), dated March 28, 2023, of Landa App, LLC, a Delaware series limited liability company (which we refer to as “we,” “us,” “our” or “our company”), as supplemented. The purpose of this supplement is to update certain information for the following Series (the “Updated Series”):

LANDA APP LLC

6 W. 18^th Street

New York, NY 10011 

(646) 905-0931

Landa.app

CURRENT AND PREVIOUS SERIES OFFERINGS 

Additional Borrowings, Refinance Note and Title Transfers

The tables below (the “Update Tables”) show key information related to the Updated Series and its underlying Property. The information in the Update Tables supersedes any contrary previous information contained in the Master Series Table included in the Offering Circular, which can be found here; all other information in the Offering Circular is otherwise unchanged.

On May 19, 2023, each of the following Updated Series entered into an Additional Borrowing with L Finance LLC, the terms of which are listed in the table below. Each Additional Borrowing is secured by the Property underlying the respective Updated Series and any other assets of the Updated Series, and bears interest at a rate that is the higher of SOFR+7%, or 12.5%.

The foregoing is a summary of the terms of the Additional Borrowings and does not purport to be a complete description of such terms. This summary is qualified in its entirety by reference to the Refinance Note, a copy of which is filed as Exhibit 6.1 to our Form 1-U, filed on June 12, 2023, which can be found here.

On June 8, 2023, the Updated Series listed below entered into a Refinance Note with its affiliate, Landa Financing LLC, the terms of which are listed in the table below. The Refinance Note is secured by the Property underlying the respective Updated Series and any other assets of the Updated Series.

The foregoing is a summary of the terms of the Refinance Note and does not purport to be a complete description of such terms. This summary is qualified in its entirety by reference to the Refinance Note, a copy of which is filed as Exhibit 6.2 to our Form 1-U, filed on June 12, 2023, which can be found here.

Additionally, on May 19, 2023, Landa Properties LLC (“Landa Properties”) transferred title (the “Transfer’) to the following properties (“Properties”) to the applicable Updated Series, as set forth in the table below. In connection with the Transfer, Landa Properties also assigned the applicable lease agreement for each of the Properties underlying each Updated Series to the applicable Updated Series.  

On June 8, 2023, Landa Properties LLC (“Landa Properties”) transferred title (the “Transfer’) to the following property (“Property”) to the Updated Series, as set forth in the Updated Table below. In connection with the Transfer, Landa Properties also assigned the applicable lease agreement for the Property to the Updated Series. 

Lastly, the term “Refinance Lender”, as it’s referenced in the Offering Circular, is hereby amended to include a third party lender or an affiliate of the Manager.

Landa App (GM) (USOTC:LLKVS)
Historical Stock Chart
Von Okt 2024 bis Nov 2024

Landa App (GM) (USOTC:LLKVS)
Historical Stock Chart
Von Nov 2023 bis Nov 2024