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 $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.
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 ...
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 ...
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Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggleRent-to-own proptech startup Divvy Homes is being acquired in a fire sale by Charleston, South Carolina-based Maymont Homes, Fast Company reported last week. Maymont is a division of Brookfield ...
This week we’re looking at the story behind the sale of Divvy Homes, Ramp’s new product, some notable fundraising deals, and more! To get a roundup of TechCrunch’s biggest and most important ...
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 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 ...
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 ...
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.
"Divvy cares about it's employees. It is the only place I have ever worked where I feel heard, seen, and appreciated. Divvy pays well, the benefits are amazing and working here allows me to have a ...
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