New Palm Springs Ordinance Sets a Regulatory Precedent for Co-Ownership in California Pacaso, the leading real estate marketplace for co-owned luxury vacation homes, celebrates a significant milestone with the passage of a new ordinance by the Palm Springs City Council. This is the ... 07/26/2024 - 3:30 am | View Link
Palm Springs council approves Pacaso and other ‘co-owned’ homes despite criticism An ordinance allowing co-owned residential homes in the city of Palm Springs survived a last-ditch effort Thursday to prevent it becoming law. 07/25/2024 - 6:45 pm | View Link
Palm Springs gives final approval to new rules governing co-owned homes amid controversy Thursday evening on final approval of a new ordinance allowing up to 30 co-owned homes in the city, ending years of debate and negotiations with co-ownership companies like Pacaso. The decision, ... 07/25/2024 - 5:30 pm | View Link
Prominent neighborhood accuses Palm Springs City Council members of conflict of interest Ahead of a vote Thursday night by the Palm Springs City Council to finalize and adopt new legislation that would allow co-owned homes to operate within the City, some residents who are opposed to the ... 07/24/2024 - 10:05 am | View Link
Palm Springs allows co-owned homes like Pacaso’s, with limits The Bay Area firm, Pacaso, is largely behind the new regulations. The company purchases single-family homes in popular vacation markets and sells shares of those homes to a limited liability company ... 07/11/2024 - 2:02 am | View Link