Pacaso fundraising campaign continues apace despite critique

The campaign’s transparency was questioned following a decision to post “cumulative” financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst. Continue reading

Pacaso is now offering shares in homes for as little as $130K

The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers. Continue reading

Pacaso, Serena & Lily offer luxury listing along Florida’s ’30A’

Second home solution Pacaso has shares available in a new luxury six-bedroom home along Florida’s sought-after 30A corridor. Continue reading

Co-ownership trends offer an affordability solution: Pacaso

Second-home solution Pacaso studied 10 of the most active counties in the country for co-ownership and found the trend grew by 21 percent in 2023. The pace of co-owned closings correlates with a rise in Housing Price Index (HPI) in those counties. Continue reading

Roofstock founder: ‘Take the long view’ on single-family rentals

“We’re encouraging people to think beyond this point of the interest rate cycle,” Roofstock CEO Gary Beasley said at Inman Connect Las Vegas on Wednesday. Continue reading

Pacaso surging through summer on 2nd-home demand

Co-ownership company Pacaso has rebounded from a slow start to 2023 with a bevy of new luxury-home acquisitions and its fastest ever sell-out: A four-bedroom, four-bathroom home in Cabo San Lucas, Mexico. Continue reading

Pacaso ventures into New York’s Hudson Valley, joins with NevelHaus

Each of NevelHaus’ carriage house designs is infused with modernism, characterized by open floor plans and floor-to-ceiling glass openings, meant for simple living and depicting smart, low-maintenance architecture. Continue reading

Pacaso slashes 30% of workforce, citing rising rates and home prices

Pacaso employees impacted by the cuts will be provided severance, healthcare coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday. Continue reading

Pacaso co-founders: ‘We’re in the early days of exciting new category’

Pacaso CEO Austin Allison and Board Chairman Spencer Rascoff spoke to Inman about the emergence of a game-changing second-home model on the eve of its launch into a new market in California. Continue reading