Pacaso

Pacaso is a real estate company based in Cincinnati, Ohio, that specializes in fractional ownership of luxury second homes. Founded by former Zillow executives, Pacaso aims to make second-home ownership more accessible through a co-ownership model. The company focuses on high-demand vacation destinations, allowing multiple buyers to purchase shares in luxury properties, typically ranging from 1/8 to 1/2 ownership. Pacaso offers a comprehensive service that includes property management, maintenance, and concierge services to ensure a seamless experience for owners. They provide a digital platform for usage scheduling, allowing owners to access their homes based on their ownership share. Additionally, owners can benefit from potential property value appreciation and have the option to sell their shares through Pacaso’s marketplace. The company targets affluent individuals, families, and investors looking for flexible and manageable second-home ownership solutions.