reAlpha Completes Acquisition of InstaMortgage Adding Direct Lending

reAlpha Tech Corp. (NASDAQ: AIRE) completed its acquisition of InstaMortgage Inc. on Aug 19, 2026, bringing direct lending capabilities into its real estate technology platform. The total consideration was approximately $8.5 million, consisting of $0.5 million in cash, $1.5 million in reAlpha common stock at closing, and up to $6.5 million in deferred payments over three years. At least $1.5 million of the deferred portion must be paid in cash, with the remainder payable in cash or stock at reAlpha's election.

InstaMortgage, founded in 2008, operates a full-cycle lending business covering origination, underwriting, funding and loan sale. The combined mortgage platform now covers 38 states and Washington, D.C. The parties waived two outstanding state regulatory approvals to proceed with closing and begin integration.