form10ka.htm

Maryland	73-1721791
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Sections 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer”, “and large accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer o

Accelerated filer o

Non-accelerated filer x

Smaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act): Yes o No x

As of June 30, 2007 (the last business day of the registrant’s second fiscal quarter), there were 7,607,378 shares of common stock held by non-affiliates of the registrant having an aggregate market value of $60,752,466.

As of November 30, 2008, there were 20,150,238 shares of common stock of Cornerstone Core Properties REIT, Inc. outstanding.

We are filing this Amendment No. 1 to our Annual Report on Form 10-K for the fiscal year ended December 31, 2007, in order to revise the Chief Executive Officer and Chief Financial Officer certifications originally filed as Exhibits 31.1 and 31.2, which inadvertently omitted certain language required to be included. This Form 10-K/A is limited in scope to the foregoing, and should be read in conjunction with the Form 10-K and our other filings with the SEC.

This Form 10-K/A does not reflect events occurring after the filing of the Form 10-K or modify or update those disclosures affected by subsequent events.

31.1	Certification of Chief Executive Officer, pursuant to Exchange Act Rule 13a-14(a)/15d-14(a)

31.2	Certification of Chief Financial Officer, pursuant to Exchange Act Rule 13a-14(a)/15d-14(a)

Pursuant to the requirements of the Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CORNERSTONE CORE PROPERTIES REIT, INC.

	By:	/s/ TERRY G. ROUSSEL
		TERRY G. ROUSSEL
		Chief Executive Officer, President and
		Chairman of the Board of Directors

	Date: January 8 , 2009

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on January 8, 2009.

Name		Title
		Chief Executive Officer and Director
/s/ Terry G. Roussel		(Principal Executive Officer)
Terry G. Roussel
		Chief Financial Officer (Principal
/s/ Sharon C. Kaiser		Financial and Accounting Officer)
Sharon C. Kaiser

/s/ Paul Danchik		Director
Paul Danchik

/s/ Jody J. Fouch		Director
Jody J. Fouch

/s/ Daniel L. Johnson		Director
Daniel L. Johnson

/s/ Lee Powell Stedman		Director
Lee Powell Stedman

(3)	Exhibits

	The following exhibits are filed as part of this Form 10-K/A:

	Title of Each Class:
	None

	Title of Each Class:
	Common Stock, $0.01 par value per share