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Landa: Fractional real estate platform, closed

US app that sold $5 shares in rental homes in Georgia and the Southeast. Offline since April 2025 with deposits, trading and dividends stopped, see the notice.

Profile checked October 24, 2026

Integration planned

Landa isn't in the index yet. Once the integration ships, its listings and figures will appear here alongside every other platform we track.

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What happened at Landa

  1. January 2025

    Dividends stopped for many investors

    Rent distributions went unpaid for many series from January 2025 while the app kept running.

    Source: TechCrunch, 23 May 2025, checked October 24, 2026.

  2. April 5, 2025

    App and investor portal went down

    Deposits, trading and new offerings were paused and the portal never reopened, so investors could neither sell nor withdraw.

    Source: TechCrunch, 23 May 2025, checked October 24, 2026.

  3. May 2025

    Lenders sued over more than $35 million in defaulted loans

    Landa's lenders went to court and had an independent manager installed. The series have since been selling homes or losing them to foreclosure, with most proceeds going to liabilities.

    Source: TechCrunch, 23 May 2025, checked October 24, 2026.

What it cost

To buy
Not publishedLanda's site publishes no acquisition or platform fee, and its offering circulars could not be reached from the site while the platform is paused.
Each year
Not publishedNot published on the site. Property and asset management charges sat inside each series' offering circular.
To sell
Not publishedNot published.
Trading fee
2% of every secondary tradeCharged on trades in the Landa app. Trading has been paused since April 2025.

Source: Landa help centre, checked October 24, 2026.

How you exited

Mechanism
In-app secondary market where investors trade shares with limit or market orders once a series has sold out, currently paused
Lock-up
Not published
How often
Not published
Guaranteed
No. Landa says it cannot guarantee an active marketplace and that investors must be prepared to hold shares indefinitely, and deposits and trading have been paused since April 2025

Source: Landa help centre, checked October 24, 2026.

What you own

Structure
Shares in a series of Landa App LLC, Landa App 2 LLC or Landa App 3 LLC, Delaware series companies managed by Landa Holdings, each series owns one rental home
Regulator
US Securities and Exchange Commission, offerings exempt from registration under Regulation A, Landa is not a broker-dealer or investment adviser

Source: Landa legal, checked October 24, 2026.

Compare every platform on fees and how you get your money out.

About

Landa is a New York app, founded in 2019, that sold shares in individual rental homes for as little as $5. Each home was bought by a series of Landa App LLC, Landa App 2 LLC or Landa App 3 LLC, Delaware companies managed by Landa Holdings. You own shares in the series, not the house, under offerings exempt from registration under Regulation A. Landa is not a broker-dealer or investment adviser. When a series sold out, Landa opened its shares for trading in the app, where investors placed limit or market orders during market hours and paid a 2% fee on each trade. Rent left after expenses was paid out as dividends. Since April 2025 the app and investor portal have been down and Landa says deposits, trading and new offerings are paused. Dividends stopped for many investors in January 2025, lenders sued over more than $35 million in defaulted loans, and the series have been selling homes or losing them to foreclosure, with most proceeds going to liabilities. Do not expect to invest or withdraw through Landa.

Property types

  • Single-family rentals
  • Multi-family

What you get

  • Shares from $5
  • In-app secondary market, currently paused
  • Regulation A series offerings
  • Homes in Atlanta, Orlando, Tampa, Charlotte, Birmingham and Jacksonville
  • Monthly dividends when paid
  • US residents only

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