Group investing solution Fractional raises $15M

Fifth Wall led Fractional’s funding, which brings its total funding to date to $20.55 million. The funds will be used to expand the product, hire and broaden its education initiatives. 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’s Marnie Blanco on why co-ownership is poised for a big 2024

Pacaso’s senior vice president of industry relations sat down with Inman ahead of Inman Connect New York next week to share the vacation-home platform’s big expansion plans for the new year. Continue reading

Pacaso to stuff stockings with 2nd-home shares

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

Pacaso launches luxury home fund for accredited real estate investors

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

After clamp down in Park City, Pacaso gets a big reprieve in Utah

A bill moving swiftly through Utah’s Legislature would prevent cities and counties in the state from placing restrictions on co-owned homes. The reversal is a big win for Pacaso and its rivals. Continue reading

Beyond REITs: 6 ways to invest in real estate without much cash

Not everyone has $50,000 or more lying around and just begging to be invested in real estate. Here are six ways to invest without a huge upfront cost. Continue reading

Utah’s red rock and Florida’s coast: 2022’s top second-home markets

Washington County, a one-time remote region of southern Utah’s high desert, experienced the most number of mortgage rate locks for second homes, experiencing a year-over-year jump of 10.3 percent. Continue reading

Boutique transportation services now part of Pacaso owner amenities

Pacaso owners now have elevated access to Alto, a luxury rideshare company, and Surf Air, a membership-based regional airline. Continue reading