Start-Up Offers Co-Ownership in Vacation Homes

It's called Kocomo, it's located in Mexico City, and it just raised $50 million in debt and $6 million in equity funding. Kocomo markets to Americans and Canadians who want to buy vacation homes in Mexico -- and maybe other exotic locales in the future. Kocomo is focused on American and Canadian investors who want to own fractional interests in luxury homes located in Mexico.