Posted inDivvy Homes Inc Interest Rates Mergers, Acquisitions and Divestitures Real Estate and Housing (Residential) Renting and Leasing (Real Estate)
Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts
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 mortgage rates thwarted those plans.