On January 22, 2025, Divvy Homes announced a definitive agreement to sell its property portfolio and platform to a Brookfield private real estate fund for approximately $1 billion (around C$1.37 billion). The transaction is expected to close in mid-February, subject to customary closing conditions. Maymont Homes, Brookfield's single-family home rental division, will manage the acquired properties.

Legal advisors for the deal include Latham & Watkins LLP for Brookfield and Wilson Sonsini Goodrich & Rosati PC for Divvy Homes.