Modern Luxury, Shared Smartly: Introducing Pacaso Co-Ownership for Global Buyers

by Craig Hogan & Rudy Zavala

Welcome to the new era of second homeownership—smarter, streamlined, and surprisingly seamless.

For many of our clients here in Chicago, life isn’t tied to just one address. From Aspen to the Amalfi Coast, the desire for a second home is real—but so are the complexities that come with owning one. That’s where Pacaso steps in, offering an elevated solution that aligns beautifully with how today’s luxury buyers live, travel, and invest.

Read how today's luxury buyers are reshaping expectations →

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What Is Pacaso?

Pacaso is revolutionizing second home ownership through co-ownership. Unlike a timeshare, this is true property ownership—shared across 2 to 8 vetted buyers. Each co-owner enjoys equity, appreciation, and access, all while avoiding the burden of full-time maintenance or underused square footage.

With a fully managed experience, Pacaso takes care of everything: design, furnishing, LLC formation, scheduling, repairs, utilities—even conflict resolution. Owners simply arrive, relax, and enjoy their home—on their terms.

Learn more about the co-ownership model →

It’s a strategy that echoes our belief in working smarter, not harder →

Pacaso Ownership Comparison

Why It Works for Our Clients

We serve a global clientele who spend their lives between cities, time zones, and priorities. For them, Pacaso isn’t just a second home—it’s a smarter way to live luxuriously across borders.

  • Global Reach: Pacaso homes span top-tier second-home destinations, from Palm Springs and Miami to London and Marbella.

  • Flexibility Without Sacrifice: Own the time you’ll use, with the freedom to book instantly via the Pacaso app.

  • Hassle-Free Luxury: Their concierge-style management matches the experience our clients expect—and deserve.

Much like our own listing approach in top-tier Chicago neighborhoods →

Explore the FAQ and details →

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Why Engel & Völkers Trusts Pacaso

Engel & Völkers advisors worldwide are already leveraging Pacaso to expand their offerings and meet their clients' evolving needs. It’s more than a partnership—it’s a mindset shift toward modern luxury.

As Engel & Völkers advisors, we’re proud to present this opportunity to our network. Whether you’re a Chicago-based client looking to escape the winters or a global buyer wanting a stake in America’s finest destinations, Pacaso delivers.

Our brand alignment matters—see why we chose Engel & Völkers as our home →

 

Let’s Talk About What Ownership Could Look Like for You

If you’ve ever dreamed of owning a second home but held back due to cost, logistics, or uncertainty—Pacaso may be your answer. We’d love to walk you through the options and see if it’s the right fit for your lifestyle.

"The business of life is the acquisition of memories. In the end, that's all there is."
– Bill Perkins, Die With Zero: Getting All You Can
From Your Money and Your Life

Smart luxury doesn’t have to be all or nothing. Sometimes, the most sophisticated move is a shared one.

Looking for inspiration on living more intentionally in your spaces? →

Or how Chicago homeowners are maximizing outdoor living →


Ready to explore co-ownership in your favorite destination?
Let’s talk. We’ll connect you directly with the Pacaso team and help you evaluate your next move with confidence.

 

— Craig Hogan & Rudy Zavala
Hogan Zavala Group | Engel & Völkers Chicago

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Craig Hogan | Rudy Zavala

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