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): September 30, 2008
                                                          ------------------
  
                              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.)
  
  
                          15700 Winchester Blvd,
                              Los Gatos, CA                 95030
  --------------------------------------------------------------------------------
                 (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 1.01 Entry into a Material Definitive Agreement.
  
  On September 30, 2008, the registrant entered into a Separation Agreement with
  Michael Rider, the registrant's Chief Executive Officer and Chief Financial
  Officer and a Director of registrant, terminating his employment with the
  registrant effective as of that date and setting forth the terms of his
  termination. The agreement provides for payment of Mr. Rider's salary for a
  period of six months following termination, and constitutes a settlement of all
  obligations due Mr. Rider by the registrant and a release of all claims by Mr.
  Rider against the registrant.
  
  On September 30, 2008, the registrant entered into an independent contractor
  agreement with Michael Rider. The agreement provides for the performance of
  financial consulting services by Mr. Rider upon request by the registrant.
  
  As of October 1, 2008, the registrant  entered into a Management  Agreement with
  RMRF Enterprises,  Inc., dba Cupertino  Capital,  a California  corporation (the
  "Manager").  The  agreement  provides for the Manager to perform  administrative
  services,  property  management  services  and  loan  servicing  as  part of the
  operation of the registrant's  business and assets.  Compensation payable to the
  Manager for its management services under the agreement include a one time start
  up fee in the amount of $75,725,  and quarterly fees in the amount of (i) 0.125%
  of the portion of the registrant's  estimated net asset value, as established by
  the board of directors and reported by the registrant  for its previous  quarter
  ("NAV"),  allocable to portfolio assets sourced by the Manager,  plus (ii) 0.25%
  of the NAV attributable to portfolio assets not sourced by the Manager. The term
  of the agreement is one year, with annual renewal for additional  successive one
  year terms unless  terminated  by either party prior to a date 90 days after the
  end of the initial or any renewal period.
  
  Item 1.02  Termination of a Material Definitive Agreement
  
  The Compensation Agreement dated May 12, 2007 between the registrant and Michael
  Rider was terminated effective upon the execution of the Separation Agreement
  described in Item 1.01 above.
  
  Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
  Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  
  On September 30, 2008, the registrant entered into a Separation Agreement with
  Michael Rider, the registrant's President, Chief Executive Officer and Chief
  Financial Officer, terminating his employment with the registrant effective as
  of that date, and Mr. Rider resigned from the registrant's board of directors
  effective as of such date.
  
  Effective as of September 30, 2008, the registrant's board of directors
  appointed William Offenberg, the Executive Chairman of the registrant's board of
  directors, as Chief Executive Officer of the registrant, and appointed Jeffrey
  Black, a member of the registrant's board of directors, as Chief Financial
  Officer of the registrant, in each case to serve in such offices at the will of
  the board of directors.
  
  
  
  <PAGE>
  
           William Offenberg, age 55, has been a member of the registrant's Board
  since July 2005. Prior to joining the Board, Mr. Offenberg acted as a consultant
  to the Board since July 2004. From 1998 to 2005, Mr. Offenberg was an Operating
  Partner at Morgenthaler Partners, a $2 billion private equity firm, where he
  specialized in recapitalizations and leveraged buyouts. In his capacity as
  Operating Partner, Mr. Offenberg has served in a variety of executive and board
  positions at various Morgenthaler portfolio companies. Between 1993 and 1997,
  Mr. Offenberg was President and Chief Executive Officer of Gatan International,
  a developer of scientific instrumentation. Prior to joining Gatan, Mr. Offenberg
  was President of Spectra-Physics Analytical from 1986 to 1993. Between 1977 and
  1986, Mr. Offenberg held various management positions at Perkin-Elmer's
  Instrument Group. Mr. Offenberg began his career as a chemist at Atlantic
  Richfield. Mr. Offenberg has degree in Chemistry from Bowdoin College and did
  graduate work in analytical chemistry at Indiana University.
  
           Jeffrey Black, age 53, has been a member of the registrant's board of
  directors since July 2005. He is a Senior Vice President in the Silicon Valley
  office of Grubb & Ellis, a national real estate company, where he has worked
  since 1977. In his 30 years as a real estate broker, he has concluded real
  estate transactions in excess of $1 billion. Notable clients that Mr. Black has
  represented include eBay, Altera, Amdahl, AT&T, Exxon Corporation, Marriott, TRW
  Corporation, VLSI Technology, Steelcase, Advanced Micro Devices and Ernst &
  Young. He has been named one of the Top 10 Brokers Nationwide (Grubb & Ellis
  2003); No. 4 Broker in Silicon Valley (San Jose Business Journal 2003); the Hall
  of Fame Award (Association of Silicon Valley Brokers 1997). Mr. Black has a
  Bachelor's of Science and Commerce degree in Finance from the University of
  Santa Clara.
  
  
  <PAGE>
  
  
  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:   September 30, 2008                BellaVista Capital, Inc.
  
  
  
                                             By:   /s/ WILLIAM OFFENBERG
                                                   -------------------------------
                                                   William Offenberg, Chief
                                                   Executive Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "bellavista8k1008.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 7189}]
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": "081101188"}, "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): September 30, 2008
                                                          ------------------
  
                              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.)
  
                          15700 Winchester Blvd,
                              Los Gatos, CA                 95030
  --------------------------------------------------------------------------------
                 (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 1.01 Entry into a Material Definitive Agreement.
  
  On September 30, 2008, the registrant entered into a Separation Agreement with
  Michael Rider, the registrant's Chief Executive Officer and Chief Financial
  Officer and a Director of registrant, terminating his employment with the
  registrant effective as of that date and setting forth the terms of his
  termination. The agreement provides for payment of Mr. Rider's salary for a
  period of six months following termination, and constitutes a settlement of all
  obligations due Mr. Rider by the registrant and a release of all claims by Mr.
  Rider against the registrant.
  
  On September 30, 2008, the registrant entered into an independent contractor
  agreement with Michael Rider. The agreement provides for the performance of
  financial consulting services by Mr. Rider upon request by the registrant.
  
  As of October 1, 2008, the registrant  entered into a Management  Agreement with
  RMRF Enterprises,  Inc., dba Cupertino  Capital,  a California  corporation (the
  "Manager").  The  agreement  provides for the Manager to perform  administrative
  services,  property  management  services  and  loan  servicing  as  part of the
  operation of the registrant's  business and assets.  Compensation payable to the
  Manager for its management services under the agreement include a one time start
  up fee in the amount of $75,725,  and quarterly fees in the amount of (i) 0.125%
  of the portion of the registrant's  estimated net asset value, as established by
  the board of directors and reported by the registrant  for its previous  quarter
  ("NAV"),  allocable to portfolio assets sourced by the Manager,  plus (ii) 0.25%
  of the NAV attributable to portfolio assets not sourced by the Manager. The term
  of the agreement is one year, with annual renewal for additional  successive one
  year terms unless  terminated  by either party prior to a date 90 days after the
  end of the initial or any renewal period.
  
  Item 1.02  Termination of a Material Definitive Agreement
  
  The Compensation Agreement dated May 12, 2007 between the registrant and Michael
  Rider was terminated effective upon the execution of the Separation Agreement
  described in Item 1.01 above.
  
  Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
  Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  
  On September 30, 2008, the registrant entered into a Separation Agreement with
  Michael Rider, the registrant's President, Chief Executive Officer and Chief
  Financial Officer, terminating his employment with the registrant effective as
  of that date, and Mr. Rider resigned from the registrant's board of directors
  effective as of such date.
  
  Effective as of September 30, 2008, the registrant's board of directors
  appointed William Offenberg, the Executive Chairman of the registrant's board of
  directors, as Chief Executive Officer of the registrant, and appointed Jeffrey
  Black, a member of the registrant's board of directors, as Chief Financial
  Officer of the registrant, in each case to serve in such offices at the will of
  the board of directors.
  William Offenberg, age 55, has been a member of the registrant's Board
  since July 2005. Prior to joining the Board, Mr. Offenberg acted as a consultant
  to the Board since July 2004. From 1998 to 2005, Mr. Offenberg was an Operating
  Partner at Morgenthaler Partners, a $2 billion private equity firm, where he
  specialized in recapitalizations and leveraged buyouts. In his capacity as
  Operating Partner, Mr. Offenberg has served in a variety of executive and board
  positions at various Morgenthaler portfolio companies. Between 1993 and 1997,
  Mr. Offenberg was President and Chief Executive Officer of Gatan International,
  a developer of scientific instrumentation. Prior to joining Gatan, Mr. Offenberg
  was President of Spectra-Physics Analytical from 1986 to 1993. Between 1977 and
  1986, Mr. Offenberg held various management positions at Perkin-Elmer's
  Instrument Group. Mr. Offenberg began his career as a chemist at Atlantic
  Richfield. Mr. Offenberg has degree in Chemistry from Bowdoin College and did
  graduate work in analytical chemistry at Indiana University.
  
           Jeffrey Black, age 53, has been a member of the registrant's board of
  directors since July 2005. He is a Senior Vice President in the Silicon Valley
  office of Grubb & Ellis, a national real estate company, where he has worked
  since 1977. In his 30 years as a real estate broker, he has concluded real
  estate transactions in excess of $1 billion. Notable clients that Mr. Black has
  represented include eBay, Altera, Amdahl, AT&T, Exxon Corporation, Marriott, TRW
  Corporation, VLSI Technology, Steelcase, Advanced Micro Devices and Ernst &
  Young. He has been named one of the Top 10 Brokers Nationwide (Grubb & Ellis
  2003); No. 4 Broker in Silicon Valley (San Jose Business Journal 2003); the Hall
  of Fame Award (Association of Silicon Valley Brokers 1997). Mr. Black has a
  Bachelor's of Science and Commerce degree in Finance from the University of
  Santa Clara.
  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:   September 30, 2008                BellaVista Capital, Inc.
  
                                             By:   /s/ WILLIAM OFFENBERG
                                                   -------------------------------
                                                   William Offenberg, Chief
                                                   Executive Officer