Tag Archives: co-ownership

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

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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

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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 →

Pacaso chooses Paris as its 4th international destination

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Pacaso has properties in Mexico, the United Kingdom, Spain and now France, as the second home marketplace has acquired its first property in Paris’ 7th arrondissement, according to a January 10 press release sent to Inman.  Continue reading →

Pacaso to stuff stockings with 2nd-home shares

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On Black Friday and the subsequent Cyber Monday annual shopping holidays this year, second home co-ownership solution Pacaso will offer zero percent interest on shares in select homes within its marketplace for the first three years of ownership. Continue reading →

Institutional investors warming up to home equity agreements

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DBRS Morningstar’s rating of $224M securitization by Unlock and Saluda could boost investor appetite for agreements that let homeowners cash out equity in exchange for a stake in their home. Continue reading →

Splitero no longer accepting shared equity applications

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In a separate announcement, San Diego-based fintech announces launch of new real estate brokerage, Splitero Homes, to help homeowners in four states “sell for the highest price.” Continue reading →

Pacaso surging through summer on 2nd-home demand

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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 →

Newport Beach officially calls Pacaso a dirty word: ‘Timeshare’

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The California coastal town of 85,000 voted unanimously to relegate co-owned homes — like those sold by Pacaso and Ember — to areas that typically don’t have luxury homes in them. Continue reading →

Miami Beach formally recognizes Pacaso’s co-ownership model

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Miami Beach officials passed an ordinance that approves co-ownership but requires the presence of a local property manager as well as adherence to a code of conduct, it was announced in April. Continue reading →

Pacaso launches luxury home fund for accredited real estate investors

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The co-ownership platform is now offering a two-year, 10 percent annualized promissory note backed by luxury real estate with investors receiving quarterly interest payments, according to Pacaso. Continue reading →