reAlpha’s ‘Be My Neighbor’ Secures Mortgage Broker License in New Mexico
17 Ottobre 2024 - 12:00PM
reAlpha Tech Corp. (“reAlpha” or the “Company”) (Nasdaq: AIRE), a
real estate technology company developing and commercializing
artificial intelligence (“AI”) technologies, today announces the
operational expansion of its subsidiary, Be My Neighbor (“BMN”).
BMN, a veteran-operated mortgage brokerage company, has obtained
its broker license in the State of New Mexico.
“Securing this license in New Mexico is a
pivotal step in our expansion strategy,” said Nathan Nottingham,
Chief of Staff of BMN. “We’re excited to bring our client-focused
mortgage services to New Mexico, providing residents with a more
personalized and efficient home financing experience.”
As part of its strategic growth plan, BMN will
continue to expand into additional states, delivering accessible,
transparent, and community-driven mortgage solutions.
About reAlpha Tech Corp.reAlpha
Tech Corp. (Nasdaq: AIRE) is a real estate technology company
developing an end-to-end commission-free homebuying platform.
Utilizing the power of AI and an acquisition-led growth strategy,
reAlpha’s goal is to offer a more affordable, streamlined
experience for those on the journey to homeownership. For more
information, visit www.realpha.com.
About Be My Neighbor Debt Does
Deals, LLC (d/b/a Be My Neighbor) is a veteran-operated mortgage
brokerage company operating in 27 states. The company believes that
one house has the power to make a life-changing impact for a family
and future generations. Their mission is to bring humanity back
into the biggest financial real estate decision that a person will
make in their lifetime by showing them how to build generational
wealth through smart real estate decisions and actually enjoy the
process along the way. For more information, visit
bemyneighbor.mortgage.
Forward-Looking StatementsThe
information in this press release includes “forward-looking
statements”. Forward-looking statements include, among other
things, statements about BMN’s recently acquired broker license in
New Mexico; the anticipated benefits of BMN’s expansion into New
Mexico and plan to expand into additional states; reAlpha’s and
BMN’s ability to anticipate the future needs of the short-term
rental market; future trends in the real estate, technology and
artificial intelligence industries, generally; and reAlpha’s and
BMN’s future growth strategy and growth rate. 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 limited operating history and that reAlpha
has not yet fully developed its AI-based technologies; reAlpha’s
ability to commercialize its developing AI-based technologies;
whether reAlpha’s technology and products will be accepted and
adopted by its customers and intended users; reAlpha’s ability to
integrate the business of BMN into its existing business and the
anticipated demand for BMN’s services in any of the markets reAlpha
or BMN operates or provide services in; BMN’s ability to expand
into additional states; reAlpha’s ability or the inability to
maintain and strengthen reAlpha’s brand and reputation; the
inability to accurately forecast demand for short-term rentals and
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; 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 U.S. Securities and Exchange
Commission (“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.
Company ContactInvestor
Relationsinvestorrelations@realpha.com
Media Contactirlabs on behalf
of reAlphaFatema Bhabrawalafatema@irlabs.ca
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