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reAlpha Mortgage Grows Footprint into Nevada, Names Jennifer Buserini to Spearhead Market Launch

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reAlpha Tech Corp. (Nasdaq: AIRE) has announced the expansion of its mortgage division into Nevada, marking a significant step in its national rollout strategy. The expansion targets Nevada's thriving mortgage market, which recorded $24 billion in origination volume in 2024, showing a 21.8% year-over-year increase.

The company has appointed Jennifer Buserini as the originating loan officer for Nevada. Buserini's impressive track record includes closing 178 mortgage loans totaling $75.5 million from 2023 through 2025 YTD, ranking in the Top 150 for loan volume statewide. reAlpha Mortgage, now licensed in 31 states, offers Conventional, VA, FHA, and USDA loans through its AI-powered platform and network of over 100 lenders.

reAlpha Tech Corp. (Nasdaq: AIRE) ha annunciato l'espansione della sua divisione mutui in Nevada, segnando un passo significativo nella sua strategia di rollout nazionale. L'espansione mira al fiorente mercato ipotecario dello stato, che nel 2024 ha registrato $24 miliardi in origination, con un aumento del 21,8% rispetto all'anno precedente. L'azienda ha nominato Jennifer Buserini come ufficiale di origination loan per il Nevada. Il curriculum di Buserini comprende la chiusura di 178 mutui ipotecari per un totale di $75.5 milioni dal 2023 al 2025 YTD, classificandosi tra i Top 150 per volume di mutui a livello statale. reAlpha Mortgage, ora autorizzata in 31 stati, offre mutui Conventional, VA, FHA e USDA tramite la sua piattaforma alimentata dall'AI e una rete di oltre 100 prestatori.

reAlpha Tech Corp. (Nasdaq: AIRE) ha anunciado la expansión de su división hipotecaria a Nevada, un paso significativo en su estrategia de despliegue a nivel nacional. La expansión apunta al próspero mercado hipotecario de Nevada, que registró $24 mil millones en originaciones en 2024, con un aumento interanual del 21,8%. La empresa ha nombrado a Jennifer Buserini como oficial de originación de préstamos para Nevada. El impresionante historial de Buserini incluye el cierre de 178 préstamos hipotecarios por un total de $75.5 millones entre 2023 y 2025 YTD, clasificándose en el Top 150 por volumen de préstamos a nivel estatal. reAlpha Mortgage, ya autorizada en 31 estados, ofrece préstamos Conventional, VA, FHA y USDA a través de su plataforma impulsada por IA y una red de más de 100 prestamistas.

reAlpha Tech Corp. (나스닥: AIRE)가 네바다주로 모기지 부서를 확장했다고 발표했으며, 이는 전국 롤아웃 전략에서 중요한 단계입니다. 확장은 2024년 네바다의 활발한 모기지 시장을 겨냥하며 2024년 origination 규모가 $2400억으로 증가율은 전년 대비 21.8%를 기록했습니다. 회사는 네바다의 발행 대출 담당자로 Jennifer Buserini를 임명했습니다. Buserini의 인상적인 기록은 2023년부터 2025년 YTD까지 178건의 모기지 대출 총액 $75.5백만을 마감했고 주내 대출 볼륨 상위 150위에 들었습니다. 현재 31개 주에서 면허를 보유한 reAlpha Mortgage는 AI 기반 플랫폼과 100개 이상 대출업체 네트워크를 통해 Conventional, VA, FHA 및 USDA 대출을 제공합니다.

reAlpha Tech Corp. (Nasdaq: AIRE) a annoncé l'expansion de sa division hypothécaire au Nevada, marquant une étape significative dans sa stratégie de déploiement national. L'expansion vise le marché hypothécaire florissant du Nevada, qui a enregistré $24 milliards en origination en 2024, avec une augmentation annuelle de 21,8%. L'entreprise a nommé Jennifer Buserini comme agente d’origination de prêts pour le Nevada. Le parcours impressionnant de Buserini comprend la clôture de 178 prêts hypothécaires pour un total de 75,5 millions de dollars entre 2023 et 2025 YTD, se classant dans le Top 150 par volume de prêts au niveau de l'État. reAlpha Mortgage, désormais autorisée dans 31 états, propose des prêts Conventional, VA, FHA et USDA via sa plateforme alimentée par l'IA et un réseau de plus de 100 prêteurs.

reAlpha Tech Corp. (Nasdaq: AIRE) hat die Erweiterung ihrer Hypothekenabteilung nach Nevada angekündigt, ein bedeutender Schritt in ihrer nationalen Rollout-Strategie. Die Expansion zielt auf den florierenden Hypothekarmarkt Nevadas ab, der im Jahr 2024 $24 Milliarden Origination verzeichnete und eine jahresweise Steigerung von 21,8% aufwies. Das Unternehmen hat Jennifer Buserini zur Originierung von Darlehen für Nevada ernannt. Buserinis beachtliche Bilanz umfasst den Abschluss von 178 Hypothekendarlehen im Gesamtwert von $75,5 Millionen von 2023 bis 2025 YTD, was sie in den Top-150 nach Darlehensvolumen im Bundesstaat platziert. reAlpha Mortgage ist nun in 31 Bundesstaaten lizenziert, bietet Conventional-, VA-, FHA- und USDA-Darlehen über seine KI-gestützte Plattform und ein Netzwerk von über 100 Kreditgebern an.

reAlpha Tech Corp. (بورصة ناسداك: AIRE) أعلنت توسيع قسم الرهن العقاري لديها إلى نيفادا، وهو خطوة مهمة في استراتيجية الإطلاق الوطني. تستهدف التوسعة سوق الرهن العقاري المزدهر في نيفادا، الذي سجل $24 ملياراً في عمليات التمويل في 2024، مع زيادة سنوية قدرها 21.8%. عينت الشركة جنيفر بوزيريني كمسؤولة عن إصدار القروض في نيفادا. يشمل سجل بوزيريني المثير للإعجاب إغلاق 178 قرضاً رهانياً بإجمالي 75.5 مليون دولار من 2023 حتى 2025 YTD، لتصنف ضمن أفضل 150 من حيث حجم القروض على مستوى الولاية. تملك reAlpha Mortgage الآن ترخيصاً في 31 ولاية، وتوفر قروضا نمطية، VA، FHA وUSDA من خلال منصتها المدعومة بالذكاء الاصطناعي وشبكتها التي تضم أكثر من 100 مقرض.

reAlpha Tech Corp.(纳斯达克:AIRE)宣布将其抵押贷款部扩展至内华达州,这是其全国布局策略中的一个重要步骤。此次扩展瞄准内华达州繁荣的抵押贷款市场,该市场在2024年实现$240亿的原始贷款量,同比增长21.8%。公司任命Jennifer Buserini为内华达州的放款官。Buserini 的出色业绩包括在2023年至今2025年年初至今期间完成的178笔抵押贷款,合计$7,550万美元,在州内的贷款总量中排名前150。reAlpha Mortgage 现已在31个州取得执照,通过其人工智能驱动的平台及超过100家放款机构的网络,提供Conventional、VA、FHA和USDA贷款。

Positive
  • Nevada mortgage market shows strong growth with $24B in origination volume, up 21.8% YoY
  • Las Vegas-Henderson metro area grew 27.4% with $18B in originations
  • Hired top-performing loan officer Jennifer Buserini with $75.5M in closed loans
  • Company now licensed in 31 states, showing successful expansion
  • AI-powered platform integration aims to reduce costs and increase efficiency
Negative
  • None.

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.”

_____________________________

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

media@realpha.com

Investor Relations Contact:

Adele Carey, VP of Investor Relations

investorrelations@realpha.com


FAQ

What is reAlpha Mortgage's (AIRE) expansion strategy in Nevada?

reAlpha Mortgage is expanding into Nevada's $24B mortgage market, appointing Jennifer Buserini as originating loan officer to lead operations in one of the country's fastest-growing mortgage markets.

How many states is reAlpha Mortgage (AIRE) now licensed in?

reAlpha Mortgage is now licensed in 31 states, demonstrating significant progress in its national rollout strategy.

What types of mortgage products does reAlpha (AIRE) offer?

reAlpha Mortgage offers Conventional, VA, FHA, and USDA loans through its network of more than 100 lenders and AI-optimized operations.

Who is Jennifer Buserini and what is her role at reAlpha Mortgage?

Jennifer Buserini is reAlpha's new originating loan officer for Nevada, having closed 178 mortgage loans totaling $75.5M from 2023-2025 YTD and ranking in the Top 150 for loan volume statewide.

What is the size of Nevada's mortgage market that reAlpha (AIRE) is entering?

Nevada's mortgage market recorded $24 billion in origination volume in 2024, with a 21.8% year-over-year increase. The Las Vegas-Henderson metro area alone accounted for $18 billion.
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