Equity Investment Group, Inc., along with its affiliated companies, (EIG) is a diversified, private investment and holding company. Led by its Founder and President/CEO, George B. Huber, EIG has a proven, successful history of investment in and management of real estate and other operating business investments throughout the United States. Since 1990, EIG has developed or purchased for our own account over $1 billion and 20 million square feet of retail shopping centers located throughout the United States along with numerous office and other commercial properties. EIG principals also co-founded Blue Vista Capital Management, LLC, a Chicago-headquartered real estate investment management company that raised and managed in excess of $1 billion AUM and approximately $5.25 billion in total capitalization. EIG's affiliate holdings also include ownership and operational oversight of several regional and national B2B and B2C manufacturing and distribution companies. EIG principals also co-founded Victory Sports, an owner operator of professional minor league sports teams. EIG’s principal offices are located in Fort Wayne, Indiana, with additional offices in Atlanta and Seattle.
Real Estate Investment.
EIG has developed, acquired and managed for its own account over $1 billion in retail, office and other commercial properties throughout the United States. Since 1990, EIG has developed or acquired over 20 million square feet of retail strip center space in 33 states. By the early 2000s, EIG had become a private REIT and one of the largest private owner/managers of retail real estate in the United States, with offices in six states and 120 shopping centers nationwide. Investors included the Government of Singapore Investment Corporation, the Carlyle Group and Northwestern Mutual Life Insurance Company, as well as a strategic investment relationship with Protective Life Insurance Company. In 2003, EIG successfully completed an approximate $450 million sale of a portion of its portfolio to one of the nation’s leading publicly traded shopping center REITs. Today, EIG owns and manages over 4 million square feet of retail shopping centers throughout the United States, providing retail space for some of the nation’s best-known retailers as well as hundreds of regional and local tenants. Its office development portfolio includes a number of financial institutions, including the Indiana headquarters of Wells Fargo, N.A.
Real Estate Investment Management.
EIG principals co-founded/owned/managed Blue Vista Capital Management, LLC, a Chicago-headquartered real estate investment management company. The company raised and managed in excess of $1 billion of institutional equity through four closed-end funds, two separate accounts and one joint venture relationship totaling approximately $5.25 billion of capitalization in multiple asset classes. These asset classes included office, industrial, multi-family, student housing, hotel and self-storage properties across the United States. Recognized by Preqin rankings as a top-performing global real estate investment manager, Blue Vista’s investors and venture partners included many of the country’s leading institutional investors, state pension funds, the world’s largest university endowment, one of the largest sovereign wealth funds and leading insurance companies and equity capital firms. Additionally, EIG principals co-owned/operated Peak Campus Companies, one of the five largest student housing managers and developers in the United States. Peak Campus managed properties at major universities including UC Berkeley, UC Santa Barbara, USC, University of Texas, Texas A&M, University of North Carolina-Chapel Hill and University of Virginia, among others. Peak Campus also developed and/or managed multiple properties for Blue Vista, including University Gateway at USC, the largest student housing transaction ever recorded. In October 2014, Mr. Huber and EIG affiliates divested their position in Blue Vista and Peak in connection with a $225-million strategic partnership with, and investment by, a subsidiary of Switzerland-based Allied World Assurance Company Holdings, AG.
Other Private Investment.
EIG or its principals operate and provide operational oversight for several regional and national B2B and B2C manufacturing and distribution operating companies. These currently include American Wire Rope and Sling, a national fabricator and supplier of overhead lifting and rigging equipment serving steel, utility-heavy construction and other industrial and manufacturing industries; and formerly included Safe-Way Door Company, a nationwide leader in the manufacturing and distribution of residential, commercial and industrial garage doors; Cinda b USA, a designer, manufacturer and distributor of women’s handbags and accessories, with a national wholesale and retail distribution network, whose products are carried by more than 1,000 specialty gift stores and boutiques across the United States and Canada; Materials Handling Company, a material handling supplier and distributor serving the Midwest; and Victory Sports Group, LLC, a sports ownership and management company and founder/owner of professional minor league baseball team Gary SouthShore Railcats and professional minor league hockey team Quad City Mallards. During EIG’s period of ownership, the Railcats won the Northern League Championship twice and the Mallards set a record as the first North American professional hockey team ever to record 50 or more victories in six consecutive seasons.