Landa Announces Comprehensive Annual Operational Achievements of 2023

Landa, a leader in online real estate investing, today announced a series of key milestones and innovations achieved in 2023. Demonstrating substantial growth and a commitment to user-driven development, Landa has been at the forefront in transforming the landscape of accessible online real estate investment.

Landa has significantly expanded its portfolio, adding over 250 residential properties across seven U.S. markets including: Atlanta, New York, Charlotte, Birmingham, Tampa, Orlando, and Jacksonville. This expansion reflects Landa’s commitment to offering diverse, wealth-building real estate opportunities nationwide.

A testament to its long-term growth strategy, Landa has surpassed $1,000,000 in total dividends, an indication of the company’s commitment to delivering sustainable value to its investors. Additionally, the successful IPO and subsequent transition to the secondary market of 18 Landa-listed properties marked a pivotal moment, creating unparalleled liquidity for investors and highlighting the growing demand for more opportunities for liquidity in real estate investment opportunities.

Demonstrating excellence in property management, Landa has achieved a remarkable 100% efficiency in annual rent collection in New York, setting new benchmarks for operational excellence and reliability. This accomplishment reflects Landa’s management capabilities and commitment to delivering consistent returns to its investors.

The introduction of Lend, Landa’s lending branch, with a robust $75 million fund, marks a significant stride in the company’s expansion. Lend has successfully facilitated over $725,000 in residential mortgages, offering rates at SOFR+3.5%. Since its inception, Lend has distributed nearly $20,000 in dividends, launching Landa into the realm of real estate debt opportunities.

Continuing its mission to empower investors, Landa has unveiled a suite of innovative features. These include Landa Web, a comprehensive desktop platform, significant enhancements to the secondary market functionalities, and the launch of an in-app Education Center. These initiatives are designed to bolster informed and strategic investment decisions, further cementing Landa’s role as a leader in the online real estate investment industry.

“Landa is dedicated to fostering a platform that prioritizes cash flow and consistent dividend collection. We’re committed to making long-term saving and investing not just rewarding but also an enjoyable experience,” says Yishai Cohen, CEO and co-founder.

Landa is backed by $36 million in venture funding from investors, including NFX, 83North, and Viola Ventures.

For more information and to download the Landa app, visit https://landa.app/download

About Landa
Landa is committed to democratizing real estate investment. By purchasing properties, dividing them into shares, and managing rentals, Landa offers investors the potential for long-term investment and dividend income through online real estate investing. For more details, visit Landa.app or follow along on Instagram, Twitter, and LinkedIn.

Contact Information

Riley Munks

Media Advisor

NFX for Landa

pr@landa.app