COLUMBUS, Ohio, July 29, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, today announced the launch of reAlpha Mortgage, the next chapter in the evolution of its mortgage division. Unifying both realty and mortgage services under the reAlpha brand reflects the company’s ongoing strategy to deliver a seamless, technology-enabled homebuying experience by aligning its operations under a single, more powerful platform.
“We believe this evolution will enable us to operate nationally while maintaining a strong local impact,” said Mike Logozzo, Chief Executive Officer of reAlpha. “By bringing our mortgage expertise and technology infrastructure together under one brand, we plan to accelerate our ability to deliver efficiency, access, and value for our customers.”
To lead this next phase of growth, reAlpha has appointed an experienced leadership team to helm reAlpha Mortgage, with Jamie Cavanaugh serving as Chief Executive Officer and Rocky Billore as Chief Sales Officer. Together, they bring deep industry expertise and a shared commitment to scaling reAlpha’s mortgage operations and delivering customer-centric innovation.
Additionally, Christopher Griffith, former CEO of Be My Neighbor Mortgage, has been named SVP, Mortgage at reAlpha Tech Corp., where he will focus on long-term strategy and innovation across the broader mortgage ecosystem.
reAlpha Mortgage serves a wide range of homebuyers with a full suite of products, including Conventional, VA, FHA, and USDA loans. Backed by an expansive lender network and AI-enhanced operations, the company aims to transform the mortgage experience, making it faster, simpler, and more affordable.
The transition to reAlpha Mortgage reflects the Company’s strategy to create a seamless, end-to-end experience that brings together real estate, mortgage, and title under one technology-driven platform. It strengthens customer trust through brand consistency and positions reAlpha to scale with greater efficiency and impact.
reAlpha plans to expand reAlpha Mortgage into additional U.S. states over the coming months as part of its platform rollout. The Company is also advancing AI integration across its mortgage operations to enhance internal efficiency and operational consistency at scale.
Visit reAlphaMortgage.com to explore home loan options and take the next step toward homeownership.
About reAlpha Tech Corp.
reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit http://www.realpha.com.
Forward-Looking Statements
The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Executive Officer, Mike Logozzo, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Media Contact:
Cristol Rippe, Chief Marketing Officer
Investor Relations Contact:
Adele Carey, VP of Investor Relations
