The rising cost of home loans seems to be pummeling a darling of the venture-capital business. Divvy Homes, which offers a rent-to-own service for buyers who may struggle to come up with large down ...

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 ...

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 ...

Divvy Homes, the rent-to-own startup that gained attention and investment from Tiger Global and other high-profile investors, is laying off 94 employees. The layoffs — its third round in the past year ...

Rent-to-own startup Divvy Homes is being acquired in a fire sale by Charleston, South Carolina-based Maymont Homes, according to multiple people familiar with the matter. Maymont, a division of ...

While rent-to-own is not a new concept in the housing market, a new real estate company is set to launch that aims to rebrand renting to own into a buyer-friendly proposition. Divvy Homes, which ...

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 ...

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 ...

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 ...

Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to ...

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 ...