UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 30, 2005
CORNERSTONE REALTY FUND, LLC
(Exact name of registrant as specified in its charter)
California | | 333-63656 | | 33-0827161 |
(State or Other Jurisdiction of
Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification
Number) |
4590 MacArthur Blvd., Suite 610
Newport Beach, California 92660
(Address of principal executive offices)
(949) 852-1007
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
INFORMATION TO BE INCLUDED IN THE REPORT
Section 5 -Corporate Governance and Management
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
(b) On June 30, 2005, Gary W. Nielson, the Chief Financial Officer of Cornerstone Ventures, Inc. advised Cornerstone Ventures, Inc. that he is resigning as its Chief Financial Officer effective August 15, 2005. Cornerstone Ventures, Inc. has commenced an active search for his replacement. Mr. Nielson has indicated his willingness to assist Cornerstone Ventures, Inc. on a consulting basis following his August 15, 2005 resignation in order to facilitate a smooth transition. Cornerstone Ventures, Inc. is the managing member of Cornerstone Industrial Properties, LLC. Cornerstone Industrial Properties, LLC is the managing member of the registrant.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CORNERSTONE REALTY FUND, LLC |
|
| By: | CORNERSTONE INDUSTRIAL PROPERTIES, LLC |
| Its Managing Member |
|
| By: | CORNERSTONE VENTURES, INC. |
| Its Manager |
|
| By: | /s/ TERRY G. ROUSSEL | |
| Terry G. Roussel, President |
| | | | | | | | |
Dated: July 5, 2005
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