Windermere Partners with UW to Launch Internship Program

The University of Washington College of Built Environments (CBE) announced a new paid internship program, Aspire, that offers financial support, mentoring, and skill-building through academic and professional office settings to students, with a focus on those from historically underrepresented or marginalized groups. In partnership with Windermere Real Estate, this CBE-led internship will begin today, July 13, and will focus on the single and multi-family residential real estate market in the greater Seattle area. 

During the eight-week paid summer internship, the eight interns will work and study for 25 hours per week. They will interact with real estate industry and academic leaders, while learning about the important role homeownership plays in building thriving communities. The program participants will gain skills in financial principles, sales, marketing, intercultural fluency, and leadership. At the end of the internship period, interns will present their work to industry professionals and participate in tours showcasing a range of processes in the home buying sector. 

Students who complete the eight-week Aspire internship will also receive a $5,000 scholarship, funded by Windermere and awarded in Autumn 2021. This scholarship aims to help the next generation of real estate professionals lead and build our communities in inclusive and equitable ways. Windermere has committed to continuing to support this internship through the upcoming academic year and beyond.

Windermere president, OB Jacobi, stated that this partnership is a continuation of the more than three decades long relationship between Windermere and UW, which started with the first Windermere Cup Rowing Regatta in 1987, and has continued through ongoing financial gifts to both athletic and academic programs at the university. 

“After learning about Windermere’s commitment to increasing diversity within the real estate industry, Renee Cheng approached us with an opportunity to partner with the College of Built Environments on the Aspire internship program,” said Jacobi. “Our goal is to inspire interest and engage students of color in the wide variety of careers and leadership opportunities available to them in real estate.”

Renee Cheng, Dean of the College of Built Environments at the University of Washington, highlighted the Aspire program’s real world learning experiences: “It can be difficult for our students to appreciate the historical role of homeownership in building generational wealth, particularly if their own lived experience includes housing insecurity. This program equips students with the context and confidence to engage with the role of home in the built environment.”

Aspire program manager Alexis Wheeler agreed, saying that “in addition to building intergenerational wealth, homeownership cultivated a sense of belonging and stability, encouraging people to grow into the fullest version of themselves and fostering vibrant communities throughout our region. Through the Aspire program, students will also develop an appreciation for this aspect of ‘home’ and its role promoting a more inclusive and equitable society.” 

The Aspire internship specifically sought students from historically underrepresented or marginalized groups and/or those with lived experiences with housing insecurity. With a robust slate of over 40 applicants, the CBE and Windermere were able to select a strong inaugural cohort of Aspire interns, which includes students majoring in Real Estate and Community, Environment, & Planning (CEP), as well as majors beyond the CBE. 

The Aspire Internship will run from July 13-September 1, 2021. This is an ongoing internship opportunity for CBE and other UW students, offered in collaboration with our community partners.

To learn more about our DEI Initiatives like this one, visit Windermere.com/dei.

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Fifth Season of #TackleHomelessness Raises $32,100 For Mary’s Place

Windermere and the Seattle Seahawks partnered for the fifth season to #TackleHomelessness, raising money for Mary’s Place, a local organization dedicated to supporting families in the Seattle area on their journey out of homelessness since 1999. For every defensive tackle made in a Seahawks home game this season, Windermere donated $100 to Mary’s Place.

 

As the “Official Real Estate Company of the Seattle Seahawks,” Windermere is proud to announce that this season, the Seahawks defensive efforts raised an additional $32,100, bringing our five-season total to $160,300.

 

The #TackleHomelessness partnership is in harmony with the mission of the Windermere Foundation—to support low-income and homeless families throughout the Western U.S. Since the Foundation began in 1989, we have raised over $43 million for those in need in the communities where we work, live, and serve.

 

For more information on the Windermere Foundation or to donate, visit Windermere.com/foundation

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Windermere Acquires Sacramento’s Largest Independent Real Estate Company

The heads of Windermere Real Estate Geoff Wood, Jill Jacobi Wood, and OB Jacobi have announced that Windermere has acquired the largest independent real estate company in Sacramento, CA, Lyon Real Estate. Founded in 1946 by William L. Lyon, Lyon Real Estate has over 800 agents in 17 offices throughout the greater Sacramento area and generated $2.86 billion in sales last year. It is ranked 111 out of the top 500 independent brokerages in the US according to Real Trends.

“Windermere has been looking for the right opportunity to grow our network in Northern California and approached Lyon because of their strong, reputable brand and the commonalities between our two companies,” said Windermere co-president, OB Jacobi. “They’re a second-generation, family-owned organization. They’re agent-centric and customer-focused. And they care deeply about giving back to their community. We couldn’t think of a better fit for Windermere,” he added.

Jacobi shared that under the terms of the acquisition, Lyon Real Estate will continue to operate under their name and brand, and will maintain the current leadership team, including president and chief operating officer Pat Shea.

“This is the blending of two accomplished companies which will each maintain its own identity for the time being, and when the time is right, the Lyon brand will further immerse itself into our organization,” said Jacobi, adding, “Because of the strength of the Lyon brand, we want to be very thoughtful about this process.”

Shea said that over the years Lyon has been contacted by a number of suitors seeking a strategic growth opportunity, but the right fit didn’t come along until they were approached by Windermere, whose company leadership Shea has gotten to know over the past 10 years as fellow members of Leading Real Estate Companies of the World. “We picked Windermere because it is well suited to maintain Lyon’s legacy and grow it in the future,” said Shea, adding, “This also fits in with the Lyon family’s succession plan whose first priority was to leave the company they built and had run over the past 75 years in the best possible hands for the long term.”

Jacobi said that while Lyon is still operating under its existing brand, it is now a part of the greater Windermere network and will benefit from Windermere’s enhanced marketing resources, professional development, relocation and referral services, and in-house chief economist, Matthew Gardner.

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