Landa Holdings, Inc., a private financial services company based in the United States, specializes in facilitating investments in residential real estate properties through its proprietary mobile application. The company's headquarters are located in New York.
| Privately held company | |
| ISIN | 🆔 |
| Industry | Finance |
| Founded 📆 | 2020 |
| Founder 👔 | Yishai Cohen |
| Headquarters 🏙️ | New York, New York , United States |
Area served 🗺️ | |
| Members | |
Number of employees | |
| Subsidiaries | Landa App LLC
Landa App 2 LLC Landa App 3 LLC Landa Financing LLC |
| 🌐 Website | https://landa.app |
| 📇 Address | |
| 📞 telephone | |
Operations
Landa's mobile platform allows users to invest in residential real estate properties by purchasing fractional ownership. This is intended to provide investors with the ability to diversify their portfolios without the need for full property ownership. Landa also offers property management services, which include resident screening, rent collection, maintenance, and handling resident issues.
Available properties for investment include single-family homes and multi-family properties. Each property listed on Landa's platform is reportedly vetted by the company's acquisition team, taking into account factors such as target capitalization rate, location, and appreciation potential.
Once all primary series shares of a property have been sold, Landa's platform enables a secondary market for investors to buy and sell shares among each other.
Landa allows users to invest in shares of residential real estate properties. The app offers fractional ownership, meaning that users can purchase a percentage of a property instead of buying the entire property. This allows users to diversify their real estate investments and potentially receive passive income from rental payments. Landa also provides users with property management services, which includes screening potential residents, rent collection, maintenance, repairs, and handling resident complaints.
Investors on Landa can choose from a variety of properties, including single-family homes and multi-family properties. Each property is carefully vetted by Landa's acquisition team to ensure that it meets certain investment criteria, such as target cap rate, location, and appreciation potential.
The Landa platform offers an active marketplace where investors can buy and sell shares of properties to one another.
Following the sale of all primary series shares of a property, investors on Landa can offer their shares for sale and allow other investors to buy them.
Business model
The company's revenue model is based on service fees, including property management and acquisition fees, as well as maintenance. These fees vary depending on the specific property, but generally range from 5%-8% of the gross rent and 5%-10% of the property purchase price.
References
- "Real Estate Fintech Landa Targets Investment in Rental Properties". TechCrunch. August 31, 2022.
- "Landa Names Financial Services Veteran Andrew Yolin as Chief Marketing Officer". BusinessWire. September 22, 2022.
- "Landa Surpasses 200,000 Registered Users". Yahoo Finance, November 2022
- Fractional Real Estate Investing Trend" Vox, 2022
- "Why NFX Invested in Landa" NFX, 2022
- "Landa Obtains Real Estate Brokerage Licenses In Top Markets". Business wire, 2022
- "Landa raises $25 million Series A for inclusive real estate investing platform" Calcalist, September 2022
- "Landa, a Real Estate Investing Platform, Launches with $33M in Funding" Croudfund insider, September 4, 2022
External links
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