UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

January 17, 2012

CORNERSTONE REALTY FUND, LLC

(Exact name of registrant as specified in its charter)

California		000-51868		33-0827161
(State of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

1920 Main Street., Suite 400

Irvine, California 92614

(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 obligations of the registrant under any of the following provisions.

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14d-2(b)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

Item 8.01 Other Events.

Attached hereto as Exhibit 99.1 is a communication that Cornerstone Realty Fund, LLC mailed to its security holders.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Communication to security holders dated January 18, 2012.

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

Dated: January 17, 2012				By:	/s/ Terry G. Roussel
					Terry G. Roussel, President
					(Principal Executive Officer and
					Principal Financial Officer)

CORNERSTONE REALTY FUND LLC 8-K