# EDGAR Filing Document

**Accession Number:** 0001815103
**File Stem:** 0000000000-23-002533
**Filing Date:** 2023-3
**Character Count:** 9500
**Document Hash:** bb83707888ce988051f31a372a16ef38
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002533.hdr.sgml**: 20230425

**ACCESSION NUMBER**: 0000000000-23-002533

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230315

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Landa App LLC
- **CENTRAL INDEX KEY:** 0001815103
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **IRS NUMBER:** 851099443
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** ONE PENNSYLVANIA PLAZA
- **STREET 2:** 36TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10119
- **BUSINESS PHONE:** 646 905-0931

**MAIL ADDRESS:**
- **STREET 1:** ONE PENNSYLVANIA PLAZA
- **STREET 2:** 36TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10119
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001213900-22-044150

## Text-Extract

```

United States securities and exchange commission logo

                              March 15, 2023

       Yishai Cohen
       Chief Executive Officer
       Landa App LLC
       6 W. 18th Street, 12th Floor
       New York, NY 10011

                                                        Re: Landa App LLC
                                                            Amendment No. 4 to
                                                            Offering Statement
on Form 1-A
                                                            Filed February 24,
2023
                                                            File No. 024-11953

       Dear Yishai Cohen:

             We have reviewed your amended offering statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your offering statement
and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your offering statement and the
information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
[month, day, year] letter.

       Amendment No. 4 to Offering Statement on Form 1-A, filed February 24,
2023

       Overview to Unaudited Pro Forma Condensed Combined Financial Statements,
page F-2

   1.                                                   We note your response
to our comment 4 and your revisions to your filing that interest
                                                        expense for each Series
would either decrease by up to $3 per $1,000 (assuming the
                                                        interest rate of the
Refinance Note is at the low end of the range) or increase by no more
                                                        than $6 per $1,000
(assuming the interest rate on the Refinance Note is at the high end of
                                                        the range). It appears
that this assumption is based on your determination that you will
                                                        raise the maximum
offering amount and repay the acquisition note with such proceeds. In
                                                        light of the fact that
your offerings are being conducted on a    best efforts    basis, please
                                                        tell us how you
determined it was appropriate to present this disclosure as if you will
 Yishai Cohen
Landa App LLC
March 15, 2023
Page 2
      receive the maximum offering amount. Reference is made to Item 11-02 of
Regulation S-
      X.
2.    The above comment not withstanding, please further revise your footnote
disclosure to
      your pro forma financial information to specifically quantify the range
of impact of this
      potential interest rate increase on interest expense and net income
(loss) for each Series
      and in total. In this regard, please disclose the following for each
Series and in total:
          Quantify the additional interest expense that each Series would incur
if you entered
          into the Refinance Note with a rate at the minimum end of the range
(i.e. 7%).
          Quantify the additional interest expense that each Series would incur
if you entered
          into the Refinance Note with a rate at the maximum end of the range
(i.e. 10%).
          Quantify what the pro forma net income (loss) would have been if you
entered into
          the Refinance Note with a rate at the minimum end of the range (i.e.
7%).
          Quantify what the pro forma net income (loss) would have been if you
entered into
          the Refinance Note with a rate at the maximum end of the range (i.e.
10%).
          Please provide this information for all periods for which you provide
pro forma
          financial information.

       You may contact Babette Cooper at 202-551-3396 or Jennifer Monick at
202-551-3295 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Ronald (Ron) E. Alper at 202-551-3329 or James Lopez at 202-551-3536
with any other
questions.

                                                            Sincerely,
FirstName LastNameYishai Cohen
                                                            Division of
Corporation Finance
Comapany NameLanda App LLC
                                                            Office of Real
Estate & Construction
March 15, 2023 Page 2
cc:       Mark Schonberger
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

March 15, 2023

Yishai Cohen  
Chief Executive Officer  
Landa App LLC  
6 W. 18th Street, 12th Floor  
New York, NY 10011

**Re: Landa App LLC  
Amendment No. 4 to  
Offering Statement on Form 1-A  
Filed February 24, 2023  
File No. 024-11953**

Dear Yishai Cohen:

We have reviewed your amended offering statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your offering statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our [month, day, year] letter.

Amendment No. 4 to Offering Statement on Form 1-A, filed February 24, 2023

Overview to Unaudited Pro Forma Condensed Combined Financial Statements, page F-2

1. We note your response to our comment 4 and your revisions to your filing that interest expense for each Series would either decrease by up to $3 per $1,000 (assuming the interest rate of the Refinance Note is at the low end of the range) or increase by no more than $6 per $1,000 (assuming the interest rate on the Refinance Note is at the high end of the range). It appears that this assumption is based on your determination that you will raise the maximum offering amount and repay the acquisition note with such proceeds. In light of the fact that your offerings are being conducted on a “best efforts” basis, please tell us how you determined it was appropriate to present this disclosure as if you will

Yishai Cohen
Landa App LLC
March 15, 2023
Page 2

receive the maximum offering amount. Reference is made to Item 11-02 of Regulation S-X.

2. The above comment not withstanding, please further revise your footnote disclosure to your pro forma financial information to specifically quantify the range of impact of this potential interest rate increase on interest expense and net income (loss) for each Series and in total. In this regard, please disclose the following for each Series and in total:
- Quantify the additional interest expense that each Series would incur if you entered into the Refinance Note with a rate at the minimum end of the range (i.e. 7%).
- Quantify the additional interest expense that each Series would incur if you entered into the Refinance Note with a rate at the maximum end of the range (i.e. 10%).
- Quantify what the pro forma net income (loss) would have been if you entered into the Refinance Note with a rate at the minimum end of the range (i.e. 7%).
- Quantify what the pro forma net income (loss) would have been if you entered into the Refinance Note with a rate at the maximum end of the range (i.e. 10%).
- Please provide this information for all periods for which you provide pro forma financial information.

You may contact Babette Cooper at 202-551-3396 or Jennifer Monick at 202-551-3295 if you have questions regarding comments on the financial statements and related matters. Please contact Ronald (Ron) E. Alper at 202-551-3329 or James Lopez at 202-551-3536 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Real Estate & Construction

cc: Mark Schonberger