Margherita Verani, Giovanni Verani, and Karl Norwood announced recently the merger of their companies, two of the oldest and best known real estate firms in New Hampshire, the companies reported. “The merger between us is a natural progression we welcome with open arms,” says Margherita Verani, President of Prudential Verani Realty.
Both of these family-run real estate organizations have had parallels throughout the past forty-plus years planting their roots in New England. Verani, founded in 1967, and The Norwood Group, founded in 1968, both started as companies based on the pillars of customer service. With Osvaldo Verani owning his own restaurant and Karl Norwood his own milk delivery business prior to founding The Norwood Group with his wife Louise, each taking with them their passion for providing quality customer service. This is what made them the real estate companies they are today.
Earlier this year, Prudential Real Estate & Relocation was acquired by Brookfield Residential Property Services from Prudential Financial Inc. With The Norwood Group already under the Brookfield umbrella, this natural expansion seemed to be the perfect fit for both Verani Realty and The Norwood Group who will continue on under the banner of Prudential Verani Realty.
”When the purchase of the Prudential franchise by Brookfield Properties was announced, the number of similarities between us made this natural alliance seem even more inevitable. We are both long-standing New Hampshire real estate families who share similar history, core values, and company philosophies. We look forward to this new opportunity,” says Giovanni Verani, Vice President of Prudential Verani Realty.
“The Verani team and our group have always had mutual respect for each other over the years,” states Karl Norwood, President of Real Living | The Norwood Group. “With Brookfield’s purchase of Prudential, our two companies were already aligned. With the same corporate ownership, it made sense to continue that partnership at the state level.” Norwood went on to say “We feel this is a unique opportunity for our associates to have available the highest level of technology and expanded national relocation business ensuring continued exceptional service for our customers and clientele.”
Giovanni adds, “We are absolutely thrilled to have the wonderful associates of Real Living | The Norwood Group joining us in providing home owners and buyers with the most professional real estate services available today.”