R-Hearthstone Public Builder Lot Option JV LLC
Real Estate FundFund ID 805-7396978706Delaware, United States
Gross assets
$202.4M
Min. investment
$50K
Beneficial owners
1
Size rank
Top 31%
Audited
Yes
Structure
Standalone
About this fund
R-Hearthstone Public Builder Lot Option JV LLC is a real estate fund managed by Hearthstone Inc., a California Corporation. The fund reports $202.4 million in gross assets, placing it among the top 31% of private funds by size. The stated minimum investment is $50,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-7396978706 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Hearthstone Housing Partners III, LLC | Real Estate | $417.2M |
| Cal Hearthstone Public Builder Lot Option, LLC | Real Estate | $378.7M |
| Ssp-Hs Lot Option Joint Venture B, LLC | Real Estate | $314.5M |
| Ocs-Hs Lot Option Joint Venture II, LLC | Real Estate | $248.3M |
| Sb-Hs Lot Option Joint Venture, LLC | Real Estate | $203.3M |
| Bp-Hs Aster, LLC | Real Estate | $148.7M |
See all 14 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is R-Hearthstone Public Builder Lot Option JV LLC?
R-Hearthstone Public Builder Lot Option JV LLC reports $202.4 million in gross assets, among the top 31% of private funds by size.
What is the minimum investment for R-Hearthstone Public Builder Lot Option JV LLC?
The stated minimum investment is $50,000.
Who manages R-Hearthstone Public Builder Lot Option JV LLC?
R-Hearthstone Public Builder Lot Option JV LLC is managed by Hearthstone Inc., a California Corporation.
Does R-Hearthstone Public Builder Lot Option JV LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager

Calabasas, CA
Service providers
Reported gross assets
$202.4MNo change
Mar '25Form ADV, monthlyAug '26
How this fund compares
Gross assetsTop 31%
Larger than 69% of 67,603 private funds
Gross assets vs Real Estate FundsTop 22%
Larger than 78% of 5,864 real estate funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum
Investor base
Adviser & related persons2%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.