Landa App 3 LLC

05/11/2026 | Press release | Distributed by Public on 05/11/2026 14:04

Date of Report (Date of earliest event reported): May 11, 2026 (Form 1-U)

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): May 11, 2026

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.)

996 Greenwood Ave NE

Atlanta, GA 30306

(Full mailing address of principal executive offices)

646-905-0931

(Issuer's telephone number, including area code)

Membership Interests:
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 - 368 Irwin Street NE Atlanta GA LLC
Landa App 3 LLC - 6696 Mableton Parkway SE Mableton GA LLC Landa App 3 LLC - 996 Greenwood Avenue NE Atlanta GA LLC

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

Item 9. Other Events

Additional Borrowings

As previously disclosed in the Company's latest Offering Circular, which can be found here, If a Series does not initially enter into a Refinance Note or other indebtedness, it may seek to finance or further refinance any outstanding indebtedness, including the Acquisition Note and if applicable, the Refinance Note with an additional mortgage or other debt financing, including with either an affiliate or a third party (each, an "Additional Borrowing").

On April 30, 2026, the following Series entered into an Additional Borrowing with Landa Financing LLC, the terms of which are listed in the table below and as per form of loan agreement attached as Exhibit 6.1. These short term, 10% interest loans were made in response to imminent payment demands by senior lenders in connection with reinstatement amounts required to avoid events of default and pending foreclosure actions.

The Series were unable to secure alternative third-party financing within the required timeframe despite commercially reasonable efforts. The Additional Borrowings were necessary to preserve the underlying assets and protect the value of the properties on behalf of the investors.

Series Address Loan
Amount
Interest
Rate
Maturity
Date
Landa App 3 LLC - 996 Greenwood Ave NE Atlanta Georgia LLC 996 Greenwood Ave NE, Atlanta, Georgia, 30306 $2,600 10% April 30, 2027

1

EXHIBITS

The following exhibit is filed herewith:

Exhibit No. Description
6.1 Form of Landa Financing Loan Agreement

1

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: May 11, 2026 LANDA APP 3 LLC
By: Landa Holdings, Inc.,
its Manager
By: /s/ Yishai Cohen
Name: Sammiya Mujtaba
Title: Chief Operating Officer
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