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
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 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
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
Fractional and its users find investment properties, create public proposals for like-minded group members and assemble a team of investors to purchase them. Continue reading
Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shutout of the traditional second-home market. Continue reading
With Pacaso Now, the company is offering a 5 percent-down payment option for a one-eighth share, thereby providing second home buyers 3 options after 12 months, according to an announcement. Continue reading
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
Pacaso on Monday announced a joint effort to integrate luxury co-ownership opportunities with Realm’s global network of top-producing real estate agents, the company told Inman exclusively. Continue reading
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