Investing.com -- reAlpha Tech Corp (NASDAQ:AIRE) stock rose 5% in Tuesday’s premarket trading after the AI-powered real estate technology company announced the acquisition of Prevu Inc., a digital homebuying platform with real estate brokerage operations across 12 states and Washington, D.C.
The acquisition expands reAlpha’s licensed real estate footprint into 11 new markets and represents a significant step in the company’s multi-service expansion strategy, combining realty and mortgage capabilities to support a broader national presence.
Prevu, headquartered in New York, operates as a digital-first, rebate-oriented brokerage model with over 1,000 completed transactions and a 5-star Google rating. The company’s proprietary platform is designed to streamline real estate transactions and enhance agent productivity.
"Prevu brings both additional market coverage, as well as enhanced operational capabilities that we expect to accelerate reAlpha’s long-term platform strategy," said Mike Logozzo, Chief Executive Officer of reAlpha.
Thomas Kutzman, Chief Executive Officer of Prevu, added, "Our shared commitment to modernizing real estate through technology and operational excellence makes this a natural fit."
The companies have begun early integration planning to combine Prevu’s brokerage operations, technology, and team into reAlpha’s unified homebuying platform, with a focus on ensuring continuity during the transition.
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