reAlpha completes InstaMortgage acquisition, adding direct lending capabilities

reAlpha Tech Corp. (Nasdaq: AIRE) completed its acquisition of InstaMortgage Inc. on Aug. 19, 2026, adding direct mortgage lending to its AI-powered real estate platform. The transaction was valued at approximately $8.5 million, subject to closing adjustments, including $0.5 million in cash, $1.5 million in reAlpha shares issued at closing and up to $6.5 million in deferred consideration payable over three years in cash or shares, with at least $1.5 million required to be paid in cash. The combined mortgage operation can originate, underwrite and fund loans in 38 states and Washington, D.C., although regulatory approvals remain outstanding in Virginia and New York. The companies waived the related closing condition so integration could begin, while InstaMortgage may stop operating in one or both states pending approval.

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