Collabra appoints former Bright MLS exec to board of directors

David Charron joins Collabra’s board as the real estate technology and analytics company makes a bid to partner with more multiple listing services. 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

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

Property investing is so hard, even Spencer Rascoff steers clear of it

The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview. Continue reading

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

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

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

Lake Homes Realty relocates headquarters amid exec shuffle

Joe Gaeta, formerly of Zillow Group, and Kiki Wanshura, formerly of Pacaso, have joined the lake markets-focused brokerage. Heather Glass, who joined the company in 2020 has also been promoted. 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