Divvy, Brookfield

Rent-to-own startup Divvy Homes 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.
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 matter.
Brookfield Properties acquiring startup Divvy Homes
Once valued around $2 billion, the rent-to-own startup is being scooped up by Maymont Homes, a competitor in the field.
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 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.
Brookfield Asset Management nears $950 million deal for single-family rentals firm Divvy Homes - Bloomberg
Ltd. is close to finalizing a deal to acquire approximately 3,800 single-family rental properties for around $950 million, Bloomberg News reported. The acquisition is set to be made through Divvy Homes,
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, 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 ...
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 ...
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 ...
Divvy Homes in $1 billion 'fire sale' after interest rate hikes slam business model
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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 ...