Exhibit (a)(3)
B/D and RIA Use Only – Not for Distribution to Clients
Dear Financial Representative:
On March 23, 2011, MacKenzie Patterson Fuller, LP (“MacKenzie”), offered to purchase up to 2,000,000 shares of Cornerstone Core Properties REIT, Inc. (“Cornerstone”) common stock at a purchase price of $1 per share. The tender offer, its withdrawal rights, and proration period will expire at 11:59 p.m., Pacific Time, on May 6, 2011.
On April 1, 2011, the Cornerstone Board of Directors filed a response in the form of a Schedule 14D-9 and letter to stockholders. The Board of Directors has carefully evaluated the terms of the MacKenzie offer and unanimously recommends that stockholders reject it and not tender their shares. Please click on the links below to access these documents.
[INSERT LINK TO 14D-9] [INSERT LINK TO STOCKHOLDER LETTER]
Should you have any questions about this matter, please call your Internal Sales Director toll-free at 877-805-3333 or send an e-mail to sales@crefunds.com.
Sincerely,
/s/ Terry G. Roussel
President
Cornerstone Realty Advisors, LLC
Cornerstone Core Properties REIT, Inc. is affiliated with Cornerstone Realty Advisors, LLC and
Pacific Cornerstone Capital, Inc. – Distributor – Member FINRA/SIPC.
