Highlights

A Scottsdale-registered residential investment vehicle managed by the Rise48 Equity team has raised $18.23 million of a $19.86 million target, according to an amended Form D filed with the SEC on June 12.

Rise Bluestone Partners, LLC, organized in Arizona in 2026 and addressed at 8324 East Hartford Drive in Scottsdale, first accepted investor capital on April 23, 2026. The filing lists 99 investors already in the deal, with at least one non-accredited investor present, a disclosure that triggers additional regulatory requirements under Regulation D. The minimum investment accepted is $0, per the filing.

Four executives are named as managing members of both the issuer and its manager entities, Rise48 AM LLC and Rise 5215 MGR LLC: Bikran Sandhu, Robert Szewcyk, Ryan McKenna, and Zachary Haptonstall. Rise48 Equity, which lists the same Scottsdale address and phone number (602-679-7209) as the filing, operates additional offices in Dallas, Charlotte, Greensboro, Tampa, Orlando, and Jacksonville, according to the company's contact page.

$1.63 million remains available in the offering.

Who is behind Rise Bluestone Partners, LLC?

The four named executives, Sandhu, Szewcyk, McKenna, and Haptonstall, each hold the title of Managing Member of Rise48 AM LLC and Manager of Rise 5215 MGR LLC, which in turn manages the issuer. Rise48 Equity's Scottsdale headquarters shares the 8324 East Hartford Drive address listed in the SEC filing.

The Form D/A is an amendment to a prior filing; the SEC accession number is 0002114883-26-000002. The offering falls under the residential industry group classification.

Where to find them

Sources

Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.

  1. SEC EDGAR retrieved 12/06/2026 21:19
  2. rise48equity.com retrieved 12/06/2026 21:19
  3. Rise Bluestone Partners (official site) retrieved 12/06/2026 21:19

Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 12/06/2026 21:19. Every claim traces to a source.