Austin Allison, CEO and co-founder of Pacaso, is obsessed with efficiency and out-of-the-box thinking. In October 2020 he founded Pacaso and within six months it became the fastest company to ever reach unicorn status in the U.S. Pacaso’s category-creating co-ownership model empowers a new, more diverse and inclusionary sphere of second home buyers to own a share of a second home and experience true real estate ownership. Pacaso now operates in more than 40 top second-home destinations across the U.S. and Europe. In 2021 Allison led Pacaso to sell nearly 400 units and drove nearly $300 million in revenue. In the first six months of 2022, Pacaso generated more revenue than all of 2021.
Pacaso’s biggest impact in the real estate industry was proving that an alternative isn’t just viable, but in high demand. Leading brokerages are embracing co-ownership as a result. Thanks to Allison, Real Estate Standards Organization (RESO) now defines “co-ownership” as a property type.
CEO and Co-Founder