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Realty Income combines steady income, fair valuation, and strong profitability with a 5.53% yield, supported by a resilient ...
The purchase price of the home from Divvy was $147,500 at a 5.25% mortgage, bringing her monthly payments, which include her mortgage and property taxes, down to $1,145—far less than her rental ...
Rent-to-own deals are nothing new. These transactions, in which a portion of the buyer’s monthly rent payment is ultimately applied toward a down payment, traditionally have been used by home ...
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 ...
Maymont Homes, the Brookfield unit that is buying Divvy, operates in over 40 markets across the United States. In a written statement, Divvy said it has “created 2,000 homeowners to date.” ...
Divvy was co-founded by Chief Executive Officer Adena Hefets in 2017 with a rent-to-own model. The company acquired homes on behalf of its customers, who then rented the properties with a contractual ...
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.
With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are ...
Now, the startup rent-to-own landlord with a portfolio of single-family properties across more than a dozen U.S. markets is being acquired by Maymont Homes, a branch of Brookfield Properties.
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 ...
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