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 ...
Brookfield Nears $950 Million Purchase of Divvy Homes
Brookfield Asset Management Ltd. is nearing a deal to buy 3,800 single-family rentals for about $950 million through an ...
Divvy Homes, Once Valued at $2 Billion, Is Sold for Half That Price
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent ...
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 ...
Lessons From Divvy And Industrious For The Next Wave Of Proptech
The acquisitions of the proptechs Divvy and Industrious highlight the importance of balancing growth expectations with ...
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 ...
Yahoo Finance1d
Once valued at over $2B, rent-to-own startup Divvy Homes is selling to Brookfield for about $1 billion
Maymont Homes, the Brookfield unit that is buying Divvy, operates in over 40 markets across the United States. In a written statement, Divvy said it has “created 2,000 homeowners to date ...
Bloomberg L.P.6d
Brookfield Nears $950 Million Purchase of Divvy Homes
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 Business Journals7d
Divvy Homes in $1 billion 'fire sale' after interest rate hikes slam business model
Even amid Fed rate cuts, 30-year mortgages have crossed above 7%, taking a toll on startups that help Americans buy and sell homes. San Francisco-based proptech Divvy Homes said Wednesday that it ...