Pacaso | Latest News & Updates - Dec 11, 2024 Release
Pacaso has partnered with MoXi - Global Homeownership to enable American buyers to co-own luxury vacation homes in Mexico using MoXi's financing solutions, as announced by Joe Maehler, Pacaso's Chief Investments Officer...
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Pacaso
🌎 pacaso.comPacaso is a real estate company that specializes in luxury vacation home co-ownership, making second-home ownership more accessible. Founded by former Zillow executives, Pacaso offers a modern approach to buying and owning vacation homes through property-specific LLCs, managing all aspects of ownership, and utilizing proprietary technology for easy scheduling and property management.
Pacaso - Latest News and Updates
- Pacaso has partnered with MoXi - Global Homeownership to enable American buyers to co-own luxury vacation homes in Mexico using MoXi's financing solutions, as announced by Joe Maehler, Pacaso's Chief Investments Officer.
- Pacaso has introduced a new feature called Global Swap, allowing owners to exchange stays in luxury homes worldwide, as shared by Co-Founder & CEO Austin Allison.
- Jesse Erven has left Pacaso as Home Manager to join Drift Vacation Homes as Director of Operations in the United States.
- Pacaso will cover the first three months of operating expenses for select homes purchased by December 31, 2024.
- Pacaso introduced Marea, a new luxury retreat in San José del Cabo, which is the company's third most-searched market.
- Pacaso, co-founded by former Zillow execs, has transformed the $1.3 trillion vacation home market by earning over $100 million in gross profit through luxury property co-ownership.
- Austin Allison, CEO of Pacaso, discussed on a podcast how the company's co-ownership model can help address housing affordability challenges.
- Pacaso, backed by investors like SoftBank and Maveron, is offering a last chance to invest before a share price change due to 38% adjusted gross profit growth, with over $1B in transactions and 1,500+ homeowners in their fractional ownership marketplace.
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