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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001474770-10-000012.txt : 20100824
<SEC-HEADER>0001474770-10-000012.hdr.sgml : 20100824
<ACCEPTANCE-DATETIME>20100824142435
ACCESSION NUMBER:		0001474770-10-000012
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(6)
FILED AS OF DATE:		20100824
DATE AS OF CHANGE:		20100824
EFFECTIVENESS DATE:		20100824

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CRE Strategic Opportunity Fund
		CENTRAL INDEX KEY:			0001474770
		IRS NUMBER:				270896721
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-135512
		FILM NUMBER:		101034835

	BUSINESS ADDRESS:	
		STREET 1:		101 N. MAIN ST
		STREET 2:		12TH FLOOR
		CITY:			GREENVILLE
		STATE:			SC
		ZIP:			29601
		BUSINESS PHONE:		864-679-4771

	MAIL ADDRESS:	
		STREET 1:		101 N. MAIN ST
		STREET 2:		12TH FLOOR
		CITY:			GREENVILLE
		STATE:			SC
		ZIP:			29601
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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        <entityName>CRE Strategic Opportunity Fund</entityName>
        <issuerAddress>
            <street1>101 N. MAIN ST</street1>
            <street2>12TH FLOOR</street2>
            <city>GREENVILLE</city>
            <stateOrCountry>SC</stateOrCountry>
            <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
            <zipCode>29601</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>864-679-4771</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
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        <edgarPreviousNameList>
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            <value>2009</value>
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                <middleName>X</middleName>
                <lastName>CRE Strategic Opportunity Fund Management, LLC</lastName>
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                <street1>101 N Main St</street1>
                <street2>12th Floor</street2>
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                <stateOrCountry>SC</stateOrCountry>
                <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
                <zipCode>29601</zipCode>
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            <relationshipClarification>Manager of the issuer</relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>W</middleName>
                <lastName>Boyd</lastName>
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                <city>Greenville</city>
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                <zipCode>29601</zipCode>
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        <relatedPersonInfo>
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                <firstName>Donald</firstName>
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                <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
                <zipCode>29601</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>X</firstName>
                <middleName>X</middleName>
                <lastName>Poinsett Capital Advisors, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>101 N. Main Street</street1>
                <street2>12th Floor</street2>
                <city>Greenville</city>
                <stateOrCountry>SC</stateOrCountry>
                <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
                <zipCode>29601</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>X</firstName>
                <middleName>X</middleName>
                <lastName>Graycliff Capital Partners, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>101 N. Main Street</street1>
                <street2>12th Floor</street2>
                <city>Greenville</city>
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                <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
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    <offeringData>
        <industryGroup>
            <industryGroupType>REITS and Finance</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.6</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001474770-10-000011</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-11-04</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>25000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>SANDLAPPER Securities, LLC</recipientName>
                <recipientCRDNumber>137906</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>101 N Main St</street1>
                    <street2>12th Floor</street2>
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                    <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
                    <zipCode>29601</zipCode>
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                    <description>COLORADO</description>
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                    <description>FLORIDA</description>
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            <recipient>
                <recipientName>John B. Morris III</recipientName>
                <recipientCRDNumber>5155685</recipientCRDNumber>
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                <associatedBDCRDNumber>137906</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>101 N. Main Street</street1>
                    <street2>12th Floor</street2>
                    <city>Greenville</city>
                    <stateOrCountry>SC</stateOrCountry>
                    <stateOrCountryDescription>SOUTH CAROLINA</stateOrCountryDescription>
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                    <state>NC</state>
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                    <description>SOUTH CAROLINA</description>
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                <foreignSolicitation>false</foreignSolicitation>
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            <recipient>
                <recipientName>John Wyatt Boyd</recipientName>
                <recipientCRDNumber>2090782</recipientCRDNumber>
                <associatedBDName>Sandlapper Securities, LLC</associatedBDName>
                <associatedBDCRDNumber>137906</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>101 N. Main Street</street1>
                    <street2>12th Floor</street2>
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                    <description>GEORGIA</description>
                    <state>NC</state>
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                    <description>SOUTH CAROLINA</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>John Holmes Ferguson</recipientName>
                <recipientCRDNumber>4947624</recipientCRDNumber>
                <associatedBDName>Steven L. Falk &amp; Associates, Inc.</associatedBDName>
                <associatedBDCRDNumber>14297</associatedBDCRDNumber>
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                    <city>Pasadena</city>
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                    <description>NEW YORK</description>
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            </recipient>
            <recipient>
                <recipientName>James Marten Lamont</recipientName>
                <recipientCRDNumber>2846228</recipientCRDNumber>
                <associatedBDName>Independent Financial Group, LLC</associatedBDName>
                <associatedBDCRDNumber>7717</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1400 Grant Avenue</street1>
                    <street2>#101</street2>
                    <city>Novato</city>
                    <stateOrCountry>CA</stateOrCountry>
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                    <zipCode>94948</zipCode>
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            <recipient>
                <recipientName>Gretchen M. Schorr</recipientName>
                <recipientCRDNumber>704073</recipientCRDNumber>
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                <associatedBDCRDNumber>7717</associatedBDCRDNumber>
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                    <street2>Ste #2</street2>
                    <city>Aptos</city>
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            <recipient>
                <recipientName>Orlando C. Fernandez</recipientName>
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            <recipient>
                <recipientName>Richard E. Woollen</recipientName>
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                <associatedBDName>Harrison Douglas, Inc.</associatedBDName>
                <associatedBDCRDNumber>16515</associatedBDCRDNumber>
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            <recipient>
                <recipientName>Steven D. Meahan</recipientName>
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                <recipientName>Russell Lynn Bacon</recipientName>
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                <foreignSolicitation>false</foreignSolicitation>
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            <recipient>
                <recipientName>Joshua Swayne</recipientName>
                <recipientCRDNumber>4296721</recipientCRDNumber>
                <associatedBDName>Pacific West Securities</associatedBDName>
                <associatedBDCRDNumber>6390</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>420 Boylston Avenue E</street1>
                    <city>Seattle</city>
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                <recipientName>Mark C. Pedersen</recipientName>
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                <recipientName>John L. Mitchell</recipientName>
                <recipientCRDNumber>336967</recipientCRDNumber>
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                </statesOfSolicitationList>
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                <recipientName>Joshua C. Koehnen</recipientName>
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                <recipientName>Levick (Lee) Henry</recipientName>
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                <recipientName>Patrick L. Horn</recipientName>
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            <recipient>
                <recipientName>Richard J. Zaegel</recipientName>
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                    <description>VIRGINIA</description>
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            <recipient>
                <recipientName>Robyn H. Lee</recipientName>
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                    <street1>1777 Borel Place</street1>
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                    <city>San Mateo</city>
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                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>25000000</totalOfferingAmount>
            <totalAmountSold>6014568</totalAmountSold>
            <totalRemaining>18985432</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>104</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>2625000</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>250000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>CRE Strategic Opportunity Fund</issuerName>
                <signatureName>Paul M. Aiesi</signatureName>
                <nameOfSigner>Paul M. Aiesi</nameOfSigner>
                <signatureTitle>Vice President</signatureTitle>
                <signatureDate>2010-08-24</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----