The 2 companies will also expand listing availability in number of luxury markets, such as La Jolla, Miami, Vail, London and Napa, among other domestic and international destinations
The campaign's transparency was questioned following a decision to post 'cumulative' financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst
The Pacaso CEO peels back the curtain on his company’s evolution to a new chapter as it buys more houses in more markets at lower prices
Awarded since 1998, the Inman Innovator Awards honor the thought leaders making new visions of real estate a reality. Winners will be announced live at Inman Connect Las Vegas, July 30-Aug 1
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
With ⅛ shares available for $840K, the latest opportunity also marks Pacaso's first venture alongside a dedicated homegoods partner
The 2nd-home solution studied 10 of the most active counties for co-ownership and found the trend grew by 21% in 2023, correlating with a rise in the Housing Price Index in those counties
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
On Black Friday and Cyber Monday this year, 2nd-home co-ownership solution Pacaso will offer 0% interest on shares in select homes within its marketplace for the first 3 years of ownership
'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
Buyer demand of fully serviced 2nd homes has led the company to pick up a 4th Cabo home, 4 more in America’s mountain-town destinations, and 2 in Southern California, Pacaso said
Each of NevelHaus' carriage house designs are infused with modernism, characterized by open floor plans and floor-to-ceiling glass openings, meant for simple living
Pacaso employees impacted by the cuts will be provided severance, health care coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday
Pacaso CEO Austin Allison and Board Chairman Spencer Rascoff spoke to Inman about the emergence of a game-changing second-home model on the eve of its launch into a new market
The company will have 2 homes available for 2nd homeowners. The 1st is a modern, hilltop property overlooking the Sea of Cortez on the peninsula's eastern boundary in Puerto Los Cabos