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RISMEDIA, October 15, 2012–Margherita Verani, Giovanni Verani, and Karl Norwood announced today the merger of their companies which are two of the oldest and best known real estate companies in New Hampshire. “The merger between us is a natural progression we welcome with open arms,” said 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.

Throughout the years both companies have cooperated and competed in delivering exceptional customer service to their clients. 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,” said 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,” said 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 continued: “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 added, “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.”

NAI Norwood Group, a large commercial real estate brokerage and consulting company, will continue to remain owned and operated by the Norwood family as they continue to build upon their worldwide affiliation with NAI Global. “Our clients, owners, and occupants of commercial real estate will continue to have the reputable Norwood name to turn to when they are in need of brokerage or consulting services,” stated Chris Norwood, executive vice president of NAI Norwood Group.