reAlpha completes $8.5 million acquisition of InstaMortgage
- reAlpha Tech completed its acquisition of InstaMortgage, adding mortgage lending capabilities to its homebuying platform.
- The transaction carries total consideration of approximately $8.5 million, including cash, stock and deferred payments.
- The acquisition expands reAlpha’s integrated homebuying platform across 38 states and Washington, D.C.
reAlpha Tech Corp (NASDAQ:AIRE) completed its acquisition of InstaMortgage on August 19, 2026, adding direct mortgage lending capabilities to its real estate technology platform.
The acquisition of InstaMortgage, a multi-state mortgage lender with in-house underwriting and funding, is intended to support reAlpha’s integrated homebuying services across 38 states and Washington, D.C.
The total consideration for the transaction is approximately $8.5 million, consisting of $0.5 million in cash, $1.5 million in reAlpha common stock issued at closing and up to $6.5 million in deferred consideration over three years.
reAlpha and InstaMortgage waived closing conditions related to two outstanding state regulatory approvals, with the affected states accounting for portions of InstaMortgage’s loan origination volume.
The company said InstaMortgage may temporarily cease operations in those states while regulatory approvals remain pending.
reAlpha said the acquisition strengthens its ability to provide homebuying services by combining real estate technology, financing and mortgage operations.
