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
The co-ownership platform is now offering a 2-year, 10% annualized promissory note backed by luxury real estate with investors receiving quarterly interest payments, according to Pacaso
Joe Gaeta, formerly of Zillow, 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
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
Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shut out of the traditional second-home market
Acquiring Realtor.com would significantly advance CoStar's push into residential real estate — and bring it into greater conflict with the industry's existing power players
With Pacaso Now, the company is offering a 5% down payment option for a one-eighth share, thereby providing second-home buyers 3 options after 12 months, according to an announcement
The 'remote work-friendly property brand' is in beta with a property sales portal, a marketplace, for selling short-term rental properties. Each listing’s financial filings are provided in full detail
Second-home mortgage rate locks were most common in Washington County, Utah, and Osceola County, Florida, according to luxury co-ownership company Pacaso's research
Luxury buyers finally decided to take a pause in 2022 as economic volatility shook the market. But despite a market slowdown, luxury companies and agents kept making interesting moves
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
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 owners now have elevated access to Alto, a luxury rideshare company, and Surf Air, a membership-based regional airline, to help owners get to, from and around their homes
Legislators declined to label it a 'timeshare' company, but approved rules that would set limits on where Pacaso can operate. The vote could set the stage for challenges elsewhere in the US
Called the Second Home Specialist Certification, the curriculum will expand agents' knowledge of the unique nature of selling high-end homes in destination markets