reAlpha Tech Corp. Appoints Thomas Kutzman as Chief Financial Officer to Support Growth Strategy

Veteran Finance Executive and Prevu Co-Founder Brings Over a Decade of Capital Markets Experience and Real Estate Technology Expertise

DUBLIN, Ohio, Feb. 27, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the "Company" or "reAlpha"), an AI-powered real estate technology company, today announced the appointment of Thomas Kutzman as Chief Financial Officer, effective February 25, 2026. Mr. Kutzman succeeds Piyush Phadke and will oversee the Company's financial operations, capital strategy, and key corporate functions such as human resources and legal, reporting directly to Chief Executive Officer Mike Logozzo.

Kutzman brings more than 12 years of financial markets experience to the role. Prior to co-founding Prevu, he held investment and trading roles at SAC Capital, JPMorgan, Citi, and Jabre Capital Partners, focused on public equities and derivatives across U.S. and European markets, with experience spanning portfolio management, risk assessment, and capital allocation.

He earned a Bachelor of Science in Finance and Accounting from the Leonard N. Stern School of Business at New York University.

In 2015, Kutzman co-founded Prevu, a digital-first homebuying platform that operated across 12 states and Washington, D.C. Under his leadership, Prevu was named to the 2022 Inc. 5000 list of the fastest-growing private companies in America. As co-founder, he oversaw finance, accounting, and go-to-market functions, building the operational infrastructure that enabled the company's growth.

Following reAlpha's acquisition of Prevu in November 2025, Kutzman served as CEO of reAlpha Realty, where he led initial integration planning across real estate, mortgage, marketing, legal, human resources, and finance. His appointment as CFO reflects the Company's confidence in his ability to apply both operational discipline and capital markets expertise to drive long-term shareholder value.

"Thomas brings a rare combination of institutional finance experience and firsthand knowledge of what it takes to build and scale a real estate technology company," said Mike Logozzo, Chief Executive Officer of reAlpha. "He understands our business from the inside and pairs that operational knowledge with the capital markets expertise to help us fund and execute our strategy. I'm excited to partner with him as we pursue the significant opportunity ahead."

"This is an exciting time to step into the CFO role. The intersection of real estate and technology is being fundamentally reshaped by AI, and we're in a secular trend that will define the next decade of innovation in our industry,” noted Kutzman. “I'm grateful to Mike and the board for their trust and confidence as we work together to advance our consumer-focused mission and drive sustainable shareholder value creation."

For more information about Kutzman's appointment and related compensation arrangement, please refer to the Current Report on Form 8-K to be filed with the Securities and Exchange Commission ("SEC").

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.