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 ...

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. The ...

Helping renters achieve the American dream of homeownership wasn’t quite as profitable as the creators of Divvy Homes hoped. Now, the startup rent-to-own landlord with a portfolio of single-family ...

Mat and Amber Harkless joke that they were the last couple in America to buy a house without a bidding war, just before the market exploded in 2020. Despite high credit scores and no debt, the couple ...

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Adena Hefets, co-founder and CEO of Divvy Homes, to talk about why the rent-to-own model is gaining momentum in today’s housing ...

With U.S. housing supply at record lows, Divvy initially gained traction with families that had been priced out of homeownership, promising them a pathway to the American Dream and distancing its ...

The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and ...

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 shareholders and ...

Divvy Homes, once a high-flying rent-to-home startup, is in the process of being sold to a competitor. Maymont Homes, the build-to-rent arm of Brookfield Properties, is acquiring Divvy, Fast Company ...

The start-up’s innovative business model has helped some renters save for a down payment on their home, but others have walked away frustrated by the company. Shawn Frett and Jeneyha Wheatley-Frett ...