Divvy Homes letting 95 employees go, including senior managers
The third round of layoffs in the last 12 months takes effect Nov. 7 and affects employees in 21 states, including Divvy's chief legal officer, vice president of compliance and head of design
by Matt Carter Sep 11
Divvy stays mum as employees report a new round of layoffs
At least 7 former employees posted on LinkedIn Thursday to say they had been laid off from the rent-to-own company
by Ben Verde Sep 8
Divvy Homes' employees say there has been another round of layoffs
Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday
by Matt Carter Feb 15
Is Divvy Homes actually helping renters become homeowners?
Fast Company claims Divvy charges higher rents than other landlords in some markets, drags its feet on maintenance and has stepped up evictions of clients
by Matt Carter Oct 25
Divvy Homes slashes 12% of staff as rates continue to climb
The company, valued at $2B as of August 2021, has reduced its employee count by 40 people, the latest in a run of real estate companies that have enacted layoffs
by Craig C. Rowe Sep 28
These are the 15 best real estate companies to work for in 2022
Last week, 'Fortune' and Great Place to Work released a list of the 35 Best Workplaces in Real Estate in 2022. Zillow, Opendoor and Pacaso were all near the top of the list
by Lillian Dickerson Sep 12
CoStar, Adena Hefets take top Inman Innovator awards at ICLV
Out of nearly nearly 600 nominations received from the public, these are the real estate industry innovators that stood out in 2022, according to an announcement at Connect Las Vegas on Friday
UpEquity latest Power Buyer to join zavvie's solutions marketplace
Austin, Texas-based mortgage platform has more avenues to partner with real estate brokerages as it looks to expand its footprint to 23 states by the end of the year
by Matt Carter Jul 11
As Power Buyers gain popularity, distinguish between friend and foe
Era Ventures Managing Partner Clelia Peters spoke with Ribbon co-founder Wei Gan and Divvy Homes CEO Adena Hefets at Inman Connect New York about the ways Power Buyers operate
by Matt Carter Apr 20
Divyy Homes CEO: Rising home prices and rates are business drivers
'Our goal is not necessarily to expand a ton into new markets,' Divvy CEO Adena Hefets told Inman ahead of Inman Connect New York next week following company's latest $200M round
by Matt Carter Apr 15
Lennar to spin off real estate tech investments
Through LENx division, homebuilder has invested in a portfolio of two dozen companies including Opendoor, Blend Labs, Divvy Homes and Doma
by Matt Carter Mar 18
Zavvie leans into power buyers with marketplace update
Real estate startup zavvie has added 9 power buyers to its marketplace. Now zavvie users can compare cash offer and rent-to-own options in one place
by Marian McPherson Nov 29
The transaction of the future is all cash and requires less paperwork
Clelia Peters asked speakers during an Inman Connect panel a series of rapid-fire questions about how agents and real estate tech companies would handle real estate transactions in the future
by Lillian Dickerson Oct 27
Divvy Homes brings in $735M debt financing just months after Series D
The news follows Divvy's $200M Series D, netted just 2 months ago, and will allow it to serve more Americans on their path to homeownership through its rent-to-own program
by Lillian Dickerson Oct 13
3 moments that made Adena Hefets into an industry disruptor
From watching her parents struggle to make ends meet as a child to connecting with an excellent mentor as an adult, these are the moments that shaped Hefets' career
by Lillian Dickerson Oct 13