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