M&A - Landa App LLC
Form Type: 1-U
Filing Date: 2025-03-05
Corporate Action: Acquisition
Type: New
Accession Number: 000188660625000004
Filing Summary: On February 26, 2025, Landa App LLC entered into a Purchase and Sale Agreement (PSA) through its subsidiaries for the sale of 20 single-family residential (SFR) and townhome (TH) properties located in Georgia. The transaction is structured as a portfolio sale and involves properties owned by dedicated Series LLCs. The agreement stipulates that the consummation of the sale is contingent upon the satisfaction of customary closing conditions, including a 30-day due diligence period and execution of necessary transaction documents. The document also includes customary representations, warranties, and covenants by both parties. Closing will occur upon fulfilling the applicable conditions precedent. Forward-looking statements regarding the sale are also included, indicating potential risks such as changes in market conditions and financing availability.
Document Link: View Document
Additional details:
Property List: ["8780 Churchill Place, Jonesboro, GA 30238","1701 Summerwoods Lane, Griffin, GA 30224","107 Oakwood Circle, Griffin, GA 30223","4267 High Park Lane, East Point, GA 30344","2443 Hodges Farm Road, Mansfield, GA 30055","6386 Forester Way, Stonecrest, GA 30038","729 Winter Lane, Jonesboro, GA 30238","8569 Creekwood Way, Jonesboro, GA 30238","440 Freestone Drive, Newnan, GA 30265","1903 Old Concord Drive SE, Covington, GA 30016","687 Utoy Court, Jonesboro, GA 30238","268 Brookview Drive, Riverdale, GA 30274","8645 Embrey Drive, Jonesboro, GA 30236","593 Country Lane, Jonesboro, GA 30238","1246 Elgin Way, Riverdale, GA 30296","773 Villa Way, Jonesboro, GA 30238","843 Tramore Drive, Stockbridge, GA 30281","8683 Ashley Way, Douglasville, GA 30134","141 Longstreet Circle, Oxford, GA 30054","55 Myrtle Grove Lane, Covington, GA 30014"]
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