Pacaso plans to launch 'bespoke' co-ownership mortgage in Q4
A new $100M credit facility with Texas Capital Bank will enable vacation home loans to be originated by a 3rd party, then securitized and sold to investors in non-qualified mortgages
by Matt Carter Sep 16
Pacaso, The Agency partner on co-ownership sales
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
by Craig C. Rowe Feb 25
Co-ownership of Michael Jordan’s former mansion starts at $1M
After languishing on the market for more than a decade, the basketball legend's Highland Park, Illinois, estate is now a timeshare, with co-ownership beginning at $1M, plus 2% annual expenses
by Richelle Hammiel Jan 14
The real estate listings Inman's staff couldn't stop scrolling in 2024
From cabins on Lake Tahoe to multifamily in the Chicago suburbs, Inman's writers spent hours clicking through listing photos and imagining life in new properties. These are their dream homes
Pacaso fundraising campaign continues apace despite critique
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
by Craig C. Rowe Oct 22
Austin Allison and Pacaso are coming for the masses
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
by Taylor Anderson Jul 15
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
by Taylor Anderson Mar 26
Pacaso, Serena & Lily offer luxury listing along Florida's '30A'
With ⅛ shares available for $840K, the latest opportunity also marks Pacaso's first venture alongside a dedicated homegoods partner
by Craig C. Rowe Mar 7
Co-ownership trends offer an affordability solution: Pacaso
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
by Craig C. Rowe Feb 14
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
by Ben Verde Jan 18