Brookfield-backed Maymont Homes completed the acquisition of a property portfolio from Divvy Homes for $1bn.

Brookfield-backed Maymont Homes, a fully integrated acquisition, renovation and property management company, completed the acquisition of a property portfolio from Divvy Homes, a tech-enabled real estate platform, for $1bn. “We’re thankful to our residents who put their trust in us, and can assure them that Maymont will continue Divvy’s mission to support our residents on their path towards homeownership. This transaction provides the backing of one of the largest and most reputable real estate firms," Adena Hefets, Divvy Homes CEO.