Family Office Insights Investor Luncheon, Thursday, November 10th, opportunity to meet with the Vistia Group team. Vistia is a transformative real estate finance company that allows homeowners to open new doors to access capital with no debt. Vistia provides homeowners with a debt free sum in exchange for a portion of property appreciation over 10 years. A Vistia Agreement allows homeowners to “Access Tomorrow’s Equity Today.”
Firm Overview:
Vistia was created to help solve the hardships associated with the financing market for residential market. Today’s debt-only methods of financing create inefficiencies in capital and risk allocation among homeowners. Our equity-based financing options provide homeowners with additional flexibility, while simultaneously providing investors with an attractive avenue for real estate investment.
Read more: Peer Insights Report Interview with Steven Coulis
Investment Management Strategy:
Our investment philosophy emphasizes the value of asset allocation on returns and a skepticism of the value of active management relative to fees, especially in the context of a low rates environment. In additions to its low correlation to other assets, residential real estate is one of few assets which has empirically offered protection against inflation; we firmly believe it has a place in all well diversified portfolios.
Through Vistia’s innovative approach to equity-based home finance, we’re able to offer exposure to real estate as an asset class in an efficient and differentiated manner:
- diversify exposure in a given geography
- eliminate transaction costs associated with cash purchases
- harvest significant illiquidity premium
- emphasize tax efficiency
- provide embedded downside protection to property prices
Vistia Group Executives:
Steven Coulis, Founder & CEO
Steven brings 9-plus years’ experience in the capital markets and hedge fund industries. He most recently served as a senior global macro trader specializing in emerging Latin American markets at Pharo Management, a $5 billion AUM hedge fund management company, and is a CFA charterholder. Steven began his career as an FX options trader at Lehman Brothers. He holds a BS in Finance and Legal Studies from Indiana University’s Kelley School of Business.
Jonathan Birnbaum, Partner & COO
Jonathan most recently served as the COO of Morgan Stanley’s 100+ person US Credit business, where he managed the implementation of technology-based solutions to improve the efficiency of business processes and streamline workflows. Previously over his 8 year tenure at the firm, he was a VP of Trading on the Emerging Markets desk in Fixed Income, and was recently named to the 2016 Forbes 30 Under 30: Finance list. He holds BS degrees in Computer Science and Finance from MIT, and an executive MBA from Columbia Business School.
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