The views provided on this website are intended to provide an introduction to New Vista Investment Group, LLC (“NVIG, LLC”). Nothing on this website should be construed as a solicitation or offer, or recommendation to buy or to sell any security, or as an offer to provide investment advisory services by New Vista or its affiliates. Information on this website is intended only for resident United States citizens. Nothing contained on this website constitutes investment, legal, tax, or other advice, nor should be relied upon in making any investment or other decision. You should obtain relevant specific professional advice before making any investment decision.
Intellectual Property. This site is owned by New Vista and contains copyrighted material, trademarks, service marks, and other proprietary information including, without limitation, text, photos, graphics, and images. The entire contents of the site (including the arrangement thereof) are protected by copyright and trademark laws. No material from this website can be copied, modified, reproduced, republished, uploaded, posted, transmitted, or distributed in any way without the express prior written permission of New Vista.
Links. For your convenience and information, New Vista has provided “hypertext links” and pointers to certain internet worldwide websites owned and maintained by others. New Vista cannot review said sites, control their contents, or accept responsibility for their content. Moreover, New Vista’s use of the links to other sites should not be misconstrued as an affiliation between the link-to site and New Vista or an endorsement, sponsorship, or recommendation by New Vista of the products and services of the owners of said sites or the advertisers on them.
Disclaimers. Neither New Vista, nor any of its affiliates, makes any warranty of merchantability, warranty of fitness for particular use, warranty of accuracy, adequacy, or completeness of the information materials contained in this site or any warranty of non-infringement. No other warranty of any kind, expressed or implied, shall be construed herefrom regarding the information including reports, research, or any aspect of the site (including, but not limited to, information access). The information and materials contained in the site are provided on a strictly “as-is” basis. We make no commitment to update any information or materials on this website.
You agree to indemnify and hold New Vista and its affiliates, agents, employees, and licensors harmless from any claims or demands, including attorneys fees, made by any third party arising out of your use of any portion of the site or violation of the terms hereof. Under no circumstances, including but not limited to a negligent act, will New Vista or its affiliates or agents be liable for any damages of any kind or nature whatsoever, including, without limitation, direct, indirect, special or consequential damages, losses, or expenses that result from the use of, or the inability to use, any portion of the site, even if an authorized representative of New Vista has been advised of the possibility of such damages. The foregoing disclaimer is effective without regard to the form of any action, including, but not limited to contract, negligence, torts, strict liability or any other theory. Applicable law may not allow the limitation or exclusion of liability or incidental or consequential damages, so the above limitation and/or exclusion may not apply under said circumstances.
Ethics Policy. At New Vista, we are committed to conducting ourselves with total integrity and to the highest standards of ethical business practice. Preserving your trust and confidence reflects our dedication to maintaining long-term client relationships. Toward that end, New Vista has implemented an ethics policy governing the conduct of its employees and personnel. Please contact us if you would like additional information regarding our Ethics Policy.
Business Continuity Plan. New Vista and its affiliates have adopted a Business Continuity Plan to address possible business interruption and/or emergency or catastrophic events. While it is impossible to forecast if or when a potential problem may occur, New Vista believes that it is taking reasonable precautions to enable it to resume operations under a wide variety of scenarios. If New Vista's offices or immediate surroundings become unsuitable for normal operations, New Vista intends to continue business under the provisions of its Plan. Please contact us if you would like additional information regarding our Business Continuity Plan.
USA Patriot Act. The USA Patriot Act, enacted in 2001, is designed to detect, deter, and punish terrorists in the United States and abroad. The USA Patriot Act imposes anti-money laundering requirements on financial institutions. New Vista is committed to fully comply with all applicable laws and regulations regarding money laundering and any activity which facilitates the funding of terrorists or any other criminal enterprises.
Governing Law. This agreement shall be governed by and construed in accordance with laws of the State of Illinois, without giving into effects to any principles of conflict of law. If any provision of this agreement shall be unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from this agreement and shall not affect the validity and forceability of any remaining provisions. New Vista reserves the right to modify the contents of this agreement or the site in its sole discretion.
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New Vista Investment Group, LLC New Vista is a privately held Illinois Limited Liability Company founded in 2009 as a real estate investment advisory firm to provide fiduciary real estate investment management to major institutional clients. On behalf of its clients, New Vista has invested nationally in retail, office, residential, hotel, and industrial real estate. New Vista is registered with the SEC under the Investment Advisors Act of 1940 and is defined as the Firm. The preceding materials have been prepared as an aid for clients, prospective clients, consultants, fund investors, and/or prospective fund investors to understand the performance of funds managed by New Vista. The materials do not purport to be all-inclusive or to contain all the information that a prospective client or fund investor may need or desire in investigating the Fund or its sponsor. Please discuss any questions you may have with an appropriate New Vista representative.
Availability of Adviser’s Form ADV. If a copy of Form ADV Part II has not been provided, please contact New Vista’s Compliance Department (312-629-3549) for a copy.
Timing. The discussion materials are necessarily based on the financial, economic, market, and other conditions as in effect on, and the information reasonably available as of, a given date. These notes are updated periodically. This version was released on April 1, 2010 and, unless otherwise indicated, all information contained herein is as of the end of the preceding calendar quarter.
Discretion. New Vista has discretion over all portfolios under management. Discretion is defined as responsibility for major investment decisions. The majority of investment portfolios are structured as joint ventures. Typically, the venture partner is a regional or national real estate firm who will provide day to day operational management for the properties. If the investment is owned solely by a New Vista investor, New Vista will hire a firm for property management purposes.
Historical Performance Limitations: Limitations of Projections: Possibility of Loss. This description of products, services, and performance results of the composites are not an offering or a solicitation of any kind. Historical Performance is not an indication of future results. Losses can result from investment in real estate. To the extent target returns for one of New Vista’s funds are indicated, there can also be no assurance that such target returns will be achieved or that there will not be loss of principal. Forward-looking information is inherently uncertain and no assurance can be given as to outcome.
Valuations. Real estate investments in client portfolios are valued on an annual basis and appraised triennially by an independent Member of the Appraisal Institute. Both internal and external valuations rely primarily on the application of market discount rates to future projections of cash flow. Appraisals are conducted triennially based on the anniversary date of each individual investment or individual fund.
NCREIF Index. The National Council of Real Estate Investment Fiduciaries’ (NCREIF) Property Index (NPI) has been taken from published sources. The NCREIF Property Index is unleveraged, includes various real estate property types, excludes cash and other non-property related assets and liabilities, income and expenses.
Consumer Price Index. The Consumer Price Index (Reference 1982-1984) has been taken from published sources including the Bureau of Labor and Statistics. The CPI for all urban consumers covers approximately 87% of the total population.
Advisory Fee Components. Advisory fees, which may vary from fund to fund (and client to client, based on different factors, such as size of investment and investment timing), may include asset management, financing, acquisition, disposition, and performance/incentive fees. Asset management fees are charged during the holding period of an investment. If applicable, acquisition, disposition and financing fees are generally, charged following a transaction event such as a purchase, sale, or refinancing of a real estate investment. Performance/incentive fees, if applicable, are generally charged after one or more predetermined performance levels have been achieved, and may or may not be subject to recalculation based on future performance.