RISMEDIA, January 7, 2010—Real Living Helios Realty and Real Living Infinity, the Chicago network partners of one of the nation’s largest residential real estate networks, announced a merger that will combine the companies’ operations after five years of independent growth. The new company will operate as Real Living Helios Realty.
The announcement from these two local, independently owned firms comes on the heels of the merger announced in late 2009 between Real Living Network Services–the national franchisor of the Real Living real estate brand–and GMAC Real Estate, a merger that will extend Real Living, one of the real estate industry’s first consumer lifestyle brands, across more than 600 independently owned offices nationwide, with more than 10,000 sales professionals conducting over $20 billion in annual transactions.
In Chicago, the new Real Living Helios Realty will be led by Tripti Kasal, the founder of Infinity Realty and longtime leader in the Chicago residential property market, as well as by Andrew Magliochetti and Joe Magliochetti, brothers and co-founders of Helios Realty. Tripti Kasal will be managing broker and will oversee day-to-day operations, while the Magliochettis will focus on business development, agent development and the growth of complementary businesses.
“The combination of our firms makes sense in so many ways, not least among them that we have been operating independently for years under the same franchise brand and in the same neighborhoods,” said Kasal. “Both companies share many of the same core values and together we will be even better at delivering outstanding results for our customers.”
