content: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
       Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
  
         Date of Report (Date of earliest event reported): January 27, 2006
                                                           ----------------
  
                              BellaVista Capital, Inc.
  --------------------------------------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
           Maryland                  0-30507                       94-3324992
  --------------------------------------------------------------------------------
  (State or other jurisdiction    (Commission                     (IRS Employer
       of incorporation)           File Number)                Identification No.)
  
               420 Florence Street, Suite 200, Palo Alto, CA 94301
  --------------------------------------------------------------------------------
             (Address of principal executive offices)     (Zip Code)
  
         Registrant's telephone number, including area code: (650) 328-3060
                                                             --------------
  
                                         N/A
            -------------------------------------------------------------
            (Former name or former address, if changed since last report)
  
  
  <PAGE>
  
  
  
  
  Item 7.01  Regulation FD Disclosure.
  
  On January 27, 2006, the registrant mailed a letter dated January 26, 2006, to
  its shareholders. A copy of the letter is attached to this report as Exhibit
  20.1.
  
  The letter attached to this report as Exhibit 20.1 contains forward-looking
  statements. All statements other than statements of historical fact may be
  forward-looking statements. These include statements regarding the registrant's
  future financial results, operating results, business strategies, projected
  costs and capital expenditures, products, competitive positions, and plans and
  objectives of management for future operations. Forward-looking statements may
  be identified by the use of words such as "may," "will," "should," "expect,"
  "plan," anticipate," "believe," "estimate," "predict," "intend" and "continue,"
  or the negative of these terms, and include the assumptions that underlie such
  statements. The registrant's actual results could differ materially from those
  expressed or implied in these forward-looking statements as a result of various
  risks and uncertainties, including those set forth in the registrant's most
  recent annual report on Form 10-K in the section entitled "Item 7: Management's
  Discussion and Analysis of Financial Condition and Results of Operations -
  General Risks Related to Construction Mortgage Lending" and " - Specific Risks
  of Investment in Our Securities." All forward-looking statements in the letter
  attached to this report are based on information available to the registrant as
  of the date hereof and the registrant assumes no obligation to update any such
  statements.
  
  Item 9.01.  Financial Statements and Exhibits
  
  
  Exhibit 20.1      Letter to Shareholders dated January 26, 2006
  
  SIGNATURES
  
  Pursuant to the requirements 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.
  
  Dated:   January 27, 2006          BellaVista Capital, Inc.
  
  
  
                                     By:  /s/ MICHAEL RIDER
                                          --------------------------------
                                          Michael Rider, Chief Executive Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "bellavista8k.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 3699}]
metadata_filer: {"company-data": {"conformed-name": "BELLAVISTA CAPITAL INC", "cik": "0001086670", "assigned-sic": "6798", "irs-number": "943324992", "state-of-incorporation": "MD", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30507", "film-number": "06557813"}, "business-address": {"street1": "420 FLORENCE STREET, SUITE 200", "city": "PALO ALTO", "state": "CA", "zip": "94301", "phone": "6503283060"}, "mail-address": {"street1": "420 FLORENCE STREET, SUITE 200", "city": "PALO ALTO", "state": "CA", "zip": "94301"}, "former-company": {"former-conformed-name": "PRIMECORE MORTGAGE TRUST INC", "date-changed": "20000425"}}
text: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
       Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
         Date of Report (Date of earliest event reported): January 27, 2006
                                                           ----------------
  
                              BellaVista Capital, Inc.
  --------------------------------------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
           Maryland                  0-30507                       94-3324992
  --------------------------------------------------------------------------------
  (State or other jurisdiction    (Commission                     (IRS Employer
       of incorporation)           File Number)                Identification No.)
  
               420 Florence Street, Suite 200, Palo Alto, CA 94301
  --------------------------------------------------------------------------------
             (Address of principal executive offices)     (Zip Code)
  
         Registrant's telephone number, including area code: (650) 328-3060
                                                             --------------
  
                                         N/A
            -------------------------------------------------------------
            (Former name or former address, if changed since last report)
  Item 7.01  Regulation FD Disclosure.
  
  On January 27, 2006, the registrant mailed a letter dated January 26, 2006, to
  its shareholders. A copy of the letter is attached to this report as Exhibit
  20.1.
  
  The letter attached to this report as Exhibit 20.1 contains forward-looking
  statements. All statements other than statements of historical fact may be
  forward-looking statements. These include statements regarding the registrant's
  future financial results, operating results, business strategies, projected
  costs and capital expenditures, products, competitive positions, and plans and
  objectives of management for future operations. Forward-looking statements may
  be identified by the use of words such as "may," "will," "should," "expect,"
  "plan," anticipate," "believe," "estimate," "predict," "intend" and "continue,"
  or the negative of these terms, and include the assumptions that underlie such
  statements. The registrant's actual results could differ materially from those
  expressed or implied in these forward-looking statements as a result of various
  risks and uncertainties, including those set forth in the registrant's most
  recent annual report on Form 10-K in the section entitled "Item 7: Management's
  Discussion and Analysis of Financial Condition and Results of Operations -
  General Risks Related to Construction Mortgage Lending" and " - Specific Risks
  of Investment in Our Securities." All forward-looking statements in the letter
  attached to this report are based on information available to the registrant as
  of the date hereof and the registrant assumes no obligation to update any such
  statements.
  
  Item 9.01.  Financial Statements and Exhibits
  
  Exhibit 20.1      Letter to Shareholders dated January 26, 2006
  
  SIGNATURES
  
  Pursuant to the requirements 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.
  
  Dated:   January 27, 2006          BellaVista Capital, Inc.
  
                                     By:  /s/ MICHAEL RIDER
                                          --------------------------------
                                          Michael Rider, Chief Executive Officer