Divvy Homes, Brookfield Properties

Once valued at over $2B, rent-to-own startup Divvy Homes is selling to Brookfield for about $1 billion
After a turbulent few years for proptech, Divvy Homes announced Wednesday that it is selling to a division of Brookfield Properties for about $1 billion.
Divvy Homes shareholders could walk away with nothing after $1B sale
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.
Brookfield Properties’ rental division to acquire Divvy Homes in ‘fire sale’
Following multiple rounds of layoffs and other turmoil, Divvy Homes is reportedly being acquired by a division of Brookfield Properties.
Some shareholders of rent-to-own startup Divvy Homes may not see a dime from $1B sale
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.
Brookfield Subsidiary Picks Up Troubled Rent-To-Own Startup In 'Fire Sale'
Once valued at almost $2B, the company is being “sold for parts” in what was characterized as a fire sale by FastCompany, which first reported the news. A sales price was not available, and Brookfield and Divvy did not immediately respond to Bisnow ’s requests for comment.
Divvy Homes in $1 billion 'fire sale' after interest rate hikes slam business model
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Divvy Homes, Once Valued at $2 Billion, Is Sold for Half That Price
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Lessons From Divvy And Industrious For The Next Wave Of Proptech
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Brookfield nears US$950 million purchase of Divvy Homes
Brookfield Asset Management Ltd. is nearing a deal to buy 3,800 single-family rentals for about US$950 million through an ...
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Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion
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 about $1 ...