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 ...

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 ...

According to Divvy, the infusion of cash will accelerate its geographic expansion and support the launch of new products, including brokerage and title insurance. “We’re starting to build out ...

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 ...

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.

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 ...

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 ...

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’s last known funding occurred in August 2021 — a $200 million Series D funding led by Tiger Global Management and Caffeinated Capital. The Series D round was announced just six months ...

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 ...