Miami Beach formally recognizes Pacaso’s co-ownership model

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

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 leads in community-based real estate investing: Tech Review

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 firms up co-ownership union with HomeServices of America

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

Pacaso launches low-down payment option for new second home buyers

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

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

Pacaso, Realm link up to promote luxury co-ownership

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

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

‘Bet on the Midwest’: Zillow’s 2023 housing market predictions

The listings giant predicts a surge of interest in Midwest markets and a new crop of first-time landlords among other items. 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