The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.
High interest rates and mortgage rates thwarted those plans. By Matthew Goldstein Divvy Homes, a Silicon Valley-backed company that promised an alternative path to homeownership for consumers of ...
Rent-to-own startup Divvy Homes is being sold for $1 billion, but that doesn’t mean shareholders are walking away with a windfall. Some may be walking away with nothing at all. Common ...
After a turbulent few years for companies operating in the real estate market, Divvy Homes announced Wednesday that it is getting acquired by a division of Brookfield Properties for “a total ...
This week we’re looking at the story behind the sale of Divvy Homes, Ramp’s new product, some notable fundraising deals, and more! No doubt Divvy was hurt by interest rates surging in 2022 ...
A digital version of the old rent-to-own model, Divvy buys homes for clients who can’t qualify for a standard mortgage and then becomes their landlord. A 1-2% upfront fee and a portion of ...
Brookfield Asset Management Ltd. is nearing a deal to buy 3,800 single-family rentals for about $950 million through an acquisition of startup Divvy Homes, according to a person familiar with the ...
The proptech market is off to a turbulent start in 2025. Divvy Homes, once a Silicon Valley darling, faced a harsh reality as it traded sky-high valuations for a humbling sale to Brookfield ...
Founded in 2017, Divvy bills itself as a way to bridge the gap that aspiring home buyers struggle to cross. Many of its customers are health-care workers, teachers and independent contractors.
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.
Divvy Homes CEO and co-founder Adena Hefets · TechCrunch · Image Credits:Divvy Homes / CEO and co-founder Adena Hefets Mary Ann Azevedo Updated Mon, Jan 27, 2025, 1:27 PM 1 min read ...
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