“This agreement is about building an operating system for modern homebuying,” Mike Logozzo, CEO of reAlpha, said in a statement. “Buyers don’t experience brokerage, lending and closing as separate categories. They experience one process where clarity and execution matter.”
Logozzo said the acquisition is expected to position the company to “further reduce friction between transfers and provide a more coordinated experience.”
InstaMortgage is based in California, but operates in 32 states, including New York, New Jersey, Illinois and Ohio. The company said it has helped more than 3,500 borrowers secure mortgages.
“reAlpha’s vision for an integrated AI-powered homebuying platform aligns with how we see the market evolving, and we’re excited about what this could mean for borrowers, loan officers and partners as we work toward closing,” said Shashank Shekhar, Founder and CEO of InstaMortgage.
reAlpha plans to finance the cash portion of the transaction with cash. The companies expect to close the deal in the first half of 2026, pending regulatory approval.
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