Highlights
- Rise Bluestone Partners, LLC has raised $18.23 million toward a $19.86 million residential offering, per a June 30 SEC amendment.
- The Scottsdale-based LLC lists 99 investors already in, with at least one non-accredited investor present in the pool.
- Four executives from Rise48 Equity — Bikran Sandhu, Robert Szewcyk, Ryan McKenna, and Zachary Haptonstall — are named managers of the issuer.
- $1.63 million remains open in the offering as of the filing date.
Rise Bluestone Partners, LLC, a Scottsdale-based residential investment vehicle organized in Arizona in 2026, has raised $18.23 million of its $19.86 million target offering, according to a Form D amendment filed June 30 with the SEC. The offering opened April 23, 2026, and $1.63 million remains unsold.
The LLC lists its address of record as 8324 East Hartford Drive, Scottsdale, AZ 85255, the same address associated with Rise48 Equity, the Scottsdale-headquartered multifamily investment firm. Four executives are named as managers of the issuer through two intermediate entities, Rise48 AM LLC and Rise 5215 MGR LLC: Bikran Sandhu, Robert Szewcyk, Ryan McKenna, and Zachary Haptonstall.
The filing reports 99 investors already in the offering, with the disclosure noting at least one non-accredited investor is present. The minimum investment accepted is listed as $0.
The industry group is classified as Residential. Rise Bluestone Partners, LLC is organized in Arizona, distinguishing it from several related Bluestone-named vehicles organized in other states that have filed separate Form D amendments in recent weeks.
The offering's first sale date of April 23 and the 99-investor count suggest the raise has moved quickly; the remaining $1.63 million gap could close in a single investor commitment or a handful of smaller ones. The filing does not identify the underlying property or properties targeted by the offering.
Where to find them
- Rise Bluestone Partners · marketcast.smartkarma.com
Sources
Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.
- SEC EDGAR retrieved 02/07/2026 16:14
- rise48equity.com retrieved 02/07/2026 16:14
- Rise Bluestone Partners (official site) retrieved 02/07/2026 16:14
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 02/07/2026 16:14. Every claim traces to a source.
