reAlpha Mortgage Grows Footprint into Nevada, Names Jennifer Buserini to Spearhead Market Launch
DUBLIN, Ohio, Oct. 01, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), an AI-powered real estate technology company, today announced the expansion of its mortgage division, reAlpha Mortgage, into Nevada. This milestone reinforces the Company's national rollout strategy and positions reAlpha to serve one of the country's fastest-growing mortgage1 and housing markets (in terms of housing inventory).2
Nevada represents a significant opportunity for reAlpha, with over $24 billion in mortgage origination volume recorded in 2024, reflecting a 21.8% year-over-year increase.2 The Las Vegas–Henderson metro area alone accounted for approximately $18 billion in originations, growing 27.4% over the same period.3 Nevada also ranks as the sixth fastest-growing state in the U.S. by population, supported by inbound migration4 and a housing market that is becoming more favorable for buyers, as inventory levels rise across Nevada.5
To lead the launch, reAlpha has appointed Jennifer Buserini as the Company's originating loan officer for the state of Nevada. Ms. Buserini is among the most productive mortgage professionals in the region. According to Real Estate Track Record, LLC, a mortgage market intelligence platform, as of September 30, 2025, Ms. Buserini has:
- Closed 178 mortgage loans totaling approximately $75.5 million from 2023 through year-to-date 2025
- Ranked in the Top 150 for loan volume statewide across all lenders and banks
- Consistently placed in the Top 25 among producing broker loan officers in the Las Vegas and Henderson area (excluding banks and lenders)
"I'm thrilled to have someone as accomplished as Jennifer leading our expansion into Nevada," said Jamie Cavanaugh, CEO of reAlpha Mortgage. "Her consistent production, deep understanding of the local market, and track record of serving borrowers with care and precision make her the ideal fit for this next phase of growth. With Ms. Buserini's leadership and our AI-powered platform supporting her, we believe we can serve Nevada homebuyers with expertise and scale."
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1 2023–2024 States by Mortgage Origination Volume, Origination Data, https://originationdata.com/states.
2 Nevada's ranking as a fastest-growing housing market is based on inventory growth. Housing inventory is surging across the country this year, with these 10 states leading the way, New York Post, https://nypost.com/2025/08/13/real-estate/housing-inventory-is-surging-across-the-country-this-year-with-these-10-states-leading-the-way
3 2023–2024 Mortgage Volume by City (MSA), Origination Data, https://originationdata.com/metros.
4 Is Nevada one of the fastest-growing states in the country?, The Nevada Independent, https://thenevadaindependent.com/article/is-nevada-one-of-the-fastest-growing-states-in-the-country
5 LVR Report Suggests Housing Market Shifting Toward Buyers, Nevada Business, https://nevadabusiness.com/2025/06/lvr-report-suggests-housing-market-shifting-toward-buyers/
reAlpha Mortgage offers a full suite of mortgage products, including Conventional, VA, FHA, and USDA loans, supported by a network of more than 100 lenders network and AI-optimized operations. The Company continues to integrate technology across its mortgage operations with the goal of making the experience faster, simpler, and more affordable.
With licensing now secured in 31 states, reAlpha Mortgage is demonstrating meaningful progress toward its national rollout strategy. The launch in Nevada reflects this expansion, reinforcing the Company's commitment to building a nationwide presence. By unifying realty, mortgage, and title services under one technology-driven platform, reAlpha aims to streamline the homebuying journey while reducing costs and increasing transparency for consumers.
For more information about reAlpha Mortgage and its products, visit www.realpha.com/mortgage.
About reAlpha Tech Corp.
reAlpha Tech Corp. (NASDAQ:AIRE) is an AI-powered real estate technology company that aims to transform 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 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 the Chief Executive Officer of reAlpha Mortgage, Jamie Cavanaugh, 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; reAlpha's ability to reduce its manual loan processing time and manual effort of its employees through the implementation of its Loan Officer Assistant and CRM platform across real estate and mortgage operations; reAlpha's ability to improve data accuracy and boost engagement of its brand through its redesigned website and the integration of CRM platform across real estate and mortgage operations; reAlpha's ability to enhance its operational efficiency, improve cross-functional coordination and support the reAlpha platform's continued growth through the implementation of its new internal organizational structure; reAlpha's ability to continue attracting loan officers and maintain its relationship with its REALTOR® affiliate to expand its operations nationally; 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
