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Wednesday, October 24 • 9:20am - 9:35am
Beyond Renting & Owning: Re-Inventing the American Dream

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Since 2008, there have been 6 million would-be homeowners who have been forced to rent due to their financial situation or other factors. While home prices rose 150% since the bottom of the recession, and homeowners saw their wealth increasing, renters saw wealth stagnation. The result: the lowest level of homeownership in history and an increase in wealth inequality. Divvy was founded in 2017 on a belief in access to homeownership. The company allows renters to pick out any home, Divvy buys it on their behalf and the renter leases the home back while building equity with every payment. This means wealth creation for renters who traditionally couldn’t access the real estate market. Hear co-founder Adena Hefets tell the story of how Divvy is pioneering fractional home ownership, and perhaps revolutionizing the future for the American Dream of owning a home.

avatar for Adena Hefets

Adena Hefets

Co-Founder & COO, Divvy Homes
Adena is the Cofounder & COO, of Divvy Homes, a fractional homeownership platform with the mission of giving access to homeownership to everyone. Prior to founding Divvy Homes, Adena invested in early stage companies at DFJ, where she led their fintech investing practice. Adena started... Read More →

Wednesday October 24, 2018 9:20am - 9:35am
The Avant-Garde at Expo Hall, Level 2