Windermere Cup Returns for 36th Annual Regatta

The 36th annual Windermere Cup will be held Saturday May 7th, 2022, in Seattle, Washington. The rowing regatta hosted by Windermere Real Estate and the University of Washington brings together the best rowing crews in the world for a weekend of festivities and races along Seattle’s scenic Montlake Cut. After a cancellation in 2020 due to the COVID-19 pandemic and a limited event in 2021, the Windermere Cup returns in full force in 2022.

The University of Washington men’s and women’s crews will face off against top international talent in a battle for Windermere Cup supremacy. Held annually on the first Saturday in May, the Windermere Cup is both an international sporting event and a celebration of boating season open day. Following the races, the Seattle Yacht Club hosts their annual Opening Day Boat Parade.

Windermere Cup 2022

Two storied programs make their way to Seattle this year to compete against the University of Washington: the Netherlands Men’s National Team and the Great Britain Women’s National Team. Last year, the Dutch men’s rowing team finished fourth at the Tokyo Olympic Games. At the Under 23 level, the Dutch men’s eight has rowed in the grand final in each of the last four world championships, winning bronze in 2019 and gold in 2017. The British women’s crew won silver at the 2016 Olympic Games in Rio de Janeiro and were one of only seven nations to qualify for the 2020 Tokyo Olympics. Great Britain’s women’s eight also won silver in the World Rowing Under 23 Championships in 2019 and gold in the women’s four in 2021.

These crews face a University of Washington rowing program whose long tradition of winning on both national and global stages shows no signs of slowing. The UW women have won twelve national championships, including two of the last four; while the men’s team has won nineteen national titles, including eight of the last fourteen. In May of last year, the UW men’s team swept all four grand finals at the 2021 Intercollegiate Rowing Association Championship Regatta.

Windermere Party on the Cut: Boats, Bites, Brews, & Bands

The night before the regatta we’ll be hosting this year’s Party on the Cut! The event will take place Friday, May 6th, from 6 pm to 10pm. Come join us on the northeast corner of the Cut for an evening of fun, games, live music, food, and drinks. Tickets are $25 in advance or $35 at the door. This year features live performances from Nite Wave and the Queen tribute band Queen Mother. Tickets can be purchased through Brown Paper Tickets here: Party on the Cut 2022.

For more information and a schedule of events, visit windermerecup.com and follow Windermere Cup on Facebook and Twitter. You can also join in the fun on social media with the official hashtag of this year’s Windermere Cup: #WindermereCup2022

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Windermere Foundation Sets Sights on $50 Million in Total Donations

In honor of Windermere’s 50th anniversary, the Windermere Foundation has set a goal to reach $50 million in total donations raised by the end of 2022. At the end of last year, the Foundation surpassed $46 million in total donations, leaving a nearly $4 million gap to eclipse the $50 million mark. Through the fundraising efforts of offices across the Windermere footprint, 2022 is off to a strong start. Here are a few highlights from early 2022.

Windermere Northern Colorado

Windermere Northern Colorado has burst out the gate this year, organizing multiple fundraising events and supporting multiple local organizations throughout the early months of 2022. ChildSafe, based in Fort Collins, CO, provides children with responsive treatment, education, and recovery from child abuse. The Windermere office has supported ChildSafe in the past and wanted to continue to do so in 2022, donating $10,000 to them in February to help heal the trauma experienced by local victims of child abuse. In March, the office directed its giving efforts to the Weld County School District, with the goal of helping local children and families struggling with homelessness. Windermere Northern Colorado’s donation of $5,000 allowed the school district to purchase grocery gift cards for local families and students in need.

 

Pictured left to right: Weld RE-4 School District Director of Exceptional Student Services JonPaul Burden, Meaghan Nicholl, Elizabeth Dolton.

 

Windermere Utah

For the agents, owners, and staff at Windermere Utah, The Make-A-Wish Foundation has a special place in their hearts. Supporting children in need in their community has been a focal point of the office’s giving over the years, so when looking to kickstart their 2022 giving, Make-A-Wish was a natural fit. The office donated $5,000, which will go toward the organization’s ability to grant another child’s wish.

 

Windermere Coast Offices (Oregon)

The Windermere Coast Offices of Gearhart and Cannon Beach have made it a point to support the aspirations and success of women in their community. They’ve been loyal supporters of the Astoria, OR branch of the American Association of University Women (AAUW) since learning about the organization years ago. AAUW provides scholarships for women who may not otherwise have the resources to pursue and succeed in their educational and vocational goals.

 

To learn more about the Windermere Foundation, visit windermerefoundation.com. To help support programs in your community, click the donate button below.

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Windermere Launches Sam Smith “Hi Neighbor” Homeownership Fund

Windermere Vice President of DEI, Samantha Enos, recently announced our partnership with non-profit Community Development Financial Institution HomeSight on a new loan product to increase purchasing power and help bridge the affordability gap facing Black/African American homebuyers.

The Sam Smith “Hi Neighbor” Homeownership Fund

“The Sam Smith ‘Hi Neighbor’ Homeownership Fund is designed to help low-to-moderate-income home buyers who have historically been underserved by traditional lenders,” said Enos, adding, “Through donations from the Windermere Foundation, U.S. Bank, and JP Morgan Chase, the Sam Smith fund is helping to reduce barriers to homeownership by funding loan products for Black/African American first-time home buyers in Washington State.”

Named after Washington State Legislator Sam Smith, who championed the passing of the state’s Open Housing Law barring discrimination based on race and religion in 1967, our hope is that, together with HomeSight, we can be part of a solution that helps increase Black/African Americans homeownership in the state of Washington.

According to a report by National Association of REALTORS®, Black/African American home buyers are more than twice as likely to be rejected for mortgage loans than white home buyers. Nationwide, only 43% of Black/African Americans can afford to buy a home versus 63% for Whites. In Seattle, the Black/African American homeownership rate is 25.8% compared to 50.9% of White homeowners. While in King County, the median income for Black households is $48,075, about half the median income of White households at $94,533.

Carl Smith, son of Legislator Sam Smith, said “It’s an honor and a pleasure to have the Sam Smith name used to pursue equity in home purchases,” said Mr. Smith, adding, “My grandfather instilled in my father that the way to have freedom is to have land and for people in that era, it was freedom.”

Since launching in November 2021, Windermere has contributed $80,237 to the fund through donations from our agents, offices, and company leadership, including a personal donation of $50,000 from the Jacobi family to help seed the fund. Windermere Co-President, OB Jacobi, said that the goal is for Windermere to raise $250,000 annually. Darryl Smith, Executive Director of HomeSight, adds that the fund has already helped three families realize their dream of homeownership and there are currently four additional families in the process of looking for homes.

HomeSight identifies borrowers that qualify for the Sam Smith fund and grants up to $12,000 to use towards their home purchase costs. The loans can be layered on top of the buyer’s existing mortgage loans or work in conjunction with other HomeSight purchase assistance programs. Sam Smith deferred loans are repayable in thirty years, when the homeowner refinances, or when they sell. Once the loans are paid off, HomeSight resolves the funds, ensuring availability to future borrowers.

For more information on our commitment to diversity, equity, and inclusion, visit windermere.com/dei

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Windermere Real Estate Celebrates 50th Anniversary


In honor of our 50th anniversary, Windermere set a goal to reach $50 million in giving and officially announced our third generation of leadership during our 2022 Kick-Off event. 


Seattle – On Wednesday, January 26, we hosted a virtual event for our agents, franchise owners, and staff, to kick off 2022 and celebrate our 50th anniversary. More than 4,400 people attended the virtual event to hear from several speakers, including company founder, John Jacobi, Windermere Chief Economist, Matthew Gardner, and keynote speakers Matthew Ferrara and Candace Doby. Second-generation leaders, OB Jacobi, Jill Jacobi Wood, and Geoff Wood kicked off the event by reflecting on Windermere’s 50-year history and the pride that comes from still being a family-run organization. They also introduced Lucy Wood, daughter of Jill and Geoff, and the third generation to take on a leadership role within our company.

Founded in 1972 by John Jacobi, Windermere started with seven agents in a single office in Seattle, WA. Over the next two decades, Jacobi would grow Windermere into Seattle’s largest real estate brokerage and eventually the largest in the Pacific Northwest. But according to son, OB, his dad never had aspirations of becoming a large company. “My dad’s goal was to build a real estate office where the agents were respected on the same level as other business professionals, so he made it a priority to hire people who were above all else, professional,” said OB Jacobi, adding, “It was because of the quality of the people who joined Windermere that the company began to grow and thrive.”

Fifty years later, Windermere is the largest regional real estate company in the Western U.S. with over 6,500 agents and 300+ offices in 10 states. Last year we exceeded $43 billion in sales.

During the January 26 event, the second-generation leaders talked about how their dad set out to change the real estate industry. According to son, OB Jacobi, his dad didn’t believe in awards and felt the highest achievement an agent could earn is repeat and referral business from their clients. He also thought it was the responsibility of real estate agents to make their communities a better place to live, and in 1989, through the creation of the Windermere Foundation, pioneered a giving model that is now used by real estate companies around the country.

“My dad and his team came up with an idea that would make it really easy for agents to give back,” said Jill Jacobi Wood. “It was simple but sort of ingenious; every time an agent sold a home, a small donation from their commission would automatically be made to the Windermere Foundation. All that the agents had to do was sign up to donate and we handled the rest.”

Jacobi Wood added that the goal was to create a system that would allow Windermere to make a big difference without being a financial burden on any one person. In its first year (1989), the Windermere Foundation raised $90,000 for low-income and homeless families. In 2021, our network collectively raised over $2.5 million for a total of $46 million in donations. In honor of our 50th anniversary, the Windermere network has been given a new challenge: to reach $50 million in donations by the end of 2022.  

Windermere CEO, Geoff Wood, closed the 50th anniversary event by saying, “Great companies don’t stagnate or stay the same. They are constantly evolving and looking for ways to improve, grow, and give back. Over the past 50 years we have done just that; here’s to 50 more.”  

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Windermere Foundation 2021 Year in Review

For the Windermere Foundation, 2021 was a year of milestones. Windermere owners, staff, and agents stepped up to support their communities in a variety of ways. Their collective efforts helped to raise over $2.5 million in 2021 for low-income and homeless families, bringing the Foundation’s grand total to over $45 million in donations since 1989.

Windermere Foundation 2021 Year in Review

Early 2021

The year got off to a quick start. Windermere offices showed an outpouring of support in their communities, raising nearly $500,000 by the end of March. The Windermere Lane County office in Eugene, Oregon was highly active, raising money for a host of local organizations dedicated to supporting local children who are in crisis due to neglect, abuse, poverty, or homelessness. The office also collected donations for Florence Food Share and Food for Lane County, two local non-profits working to solve hunger issues in the community. All in all, the Lane County office’s donations totaled over $10,000.

Community Service Day

In June, Windermere celebrated its 37th annual Community Service Day, a tradition since 1984 in which our agents, staff, and franchise owners spend the day volunteering in their communities to complete neighborhood improvement projects. The Windermere Pinole and Diablo Realty offices joined together to support the Food Bank of Contra Costa & Solano by working in their warehouse to help bag produce. The offices were able to gather $2,850 in donations, which empowered The Food Bank to deliver 5,700 meals to the local community. The Park City office also made an impact with a local food health organization, EATS Park City, by donating $5,000 to help EATS in their mission to promote nutrition advocacy in the area.

These are just a couple examples of the impact last year’s Community Service Day had throughout the Windermere footprint. By the end of June, the Foundation surpassed $1 million in donations for 2021.

 

Pictured: Scott Tuffnell, Denise Ramirez, Mike Rowland, Renee Rowland, Diane Cockrell, Mona Logasa, Dave Nardi, Ellen Osmundson, Jim Georgantes, Tina Rowland, Jacob Cardinale, Nicolars Ramirez, Luis Ramirez-Agudelo, George Gross, John Kula, Carol Nasser, Neil Zarchin (Food Drive Administrator – Food Bank of Contra Costa and Solano) – Image Source: Windermere Rowland Realty – California

 

Late 2021

Windermere agents, staff, and owners continued to give back to their communities through the summer and fall, eventually passing $1.5 million raised in 2021 by September’s end. Here are a few highlights from the final months of the year.

UW Certificate Scholarship Program

The UW Certificate Scholarship program is part of Windermere’s commitment to better serve and support students of color, especially Black and Hispanic students, who have been impacted by systemic racial inequities. Since it was introduced in 2019, the scholarship program has given a total of $41,000 to scholars to date.

Gina, a 2021 scholar, was able to complete the UW Certificate in Data Visualization with her scholarship from Windermere. Originally from Colombia, Gina moved to the U.S. ten years ago. She eventually found work as a nanny but was laid off in the early days of the COVID-19 pandemic. Gina knew she needed to find a stable career to help support her family and wanted to put her data visualization skills to work. Gina was hired as an Attendance Specialist with her local school district. “Now, you may wonder how an Attendance Specialist can contribute if she has data visualization skills,” she said. “I was a little skeptical at first, but as I started learning more about data, I started connecting the dots. I started collecting data on the reason why the students were not making it to classes and tracking down the kids that needed extra attention.” Gina began making weekly analyses and data visualizations for her team and was soon helping the district connect with students they hadn’t been able to reach for six months. “I can’t thank you enough for this great opportunity,” she said of the UW Certificate Scholarship. “I have helped my community, grown as a professional, and feel empowered as a mom and as a brown woman.”

The Windermere Foundation plans to expand the UW Certificate Scholarship program in the future to help more Black, Indigenous, or People of Color (BIPOC) adult learners.

 

A selfie of a young man and woman and their two kids outside.

2021 UW Certificate Scholar Gina (top left) with her family. Image Source: Gina / Jo Gubas—University of Washington

 

Windermere Sand Point / Lake Oswego West / Fort Collins /

The following Windermere offices didn’t let up in their community efforts during the final weeks of 2021. Windermere Sand Point looked no further than their local elementary school, Sand Point Elementary, when deciding how they could make an impact during the holiday season. The Sand Point office donated $3,000 to the school, which will help to provide low-income students and their families with clothing, shoes, food assistance, and payment aid for after school activities.

The Windermere Lake Oswego West office makes it a point to support Transition Projects annually in any way they can. Transition Projects engages with the local homeless population to support them on their journey out of homelessness while delivering lifesaving and life-changing assistance. In early December, the Lake Oswego West office donated $3,500 to Transition Projects.

Windermere Fort Collins has close ties to ChildSafe Colorado, a local organization that provides therapy for victims of childhood abuse. One of their agents had a personal experience with ChildSafe and couldn’t thank them enough for all they did for their family. The office has rallied to support the organization, as they are unable to provide their services without donations. The Northern Colorado office hosted a tailgate party fundraiser, collecting donations from agents and the public. All in all, they were able to donate $4,000 to ChildSafe in November. 

 

A woman in the foreground holds a basket of donated items and a man in a football jersey behind her carries some items.

Pictured L to R: Suzanne Ekeler, Eric Thompson – Image Source: Natalie Parsons, Windermere Fort Collins

 

To learn more about the Windermere Foundation, visit windermerefoundation.com. To help support programs in your community, click the donate button below.

 

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Windermere Foundation Approaches $1.5 Million Raised in 2021

Windermere offices across the Western U.S. have remained committed to serving their communities in 2021, collectively raising nearly $1.5 million so far this year alone, pushing the foundation’s grand total raised since 1989 to nearly $45 million. After a successful Community Service Day in June and a first half of the year which saw over $1 million raised, Windermere offices have continued to give back this summer. Here are some recent highlights from across our network.

Windermere Utah

Windermere Utah has always been deeply rooted in its community, and 2021 has been no different. This year alone, they have hosted multiple fundraisers and supported several organizations to affect positive change in their community.

One of the greatest challenges the COVID-19 pandemic has put on schoolchildren is access to technology. After searching for a way to provide digital access to local schoolchildren, Windermere Utah came across the organization Spy Hop, based in Salt Lake City. Spy Hop is a digital media arts center that provides classes in film, music, audio, and design for students between the ages of nine and nineteen. They offer mentoring and host technology drives to provide computers for students in need through a program called the Technology Liberation Project. Windermere Utah donated $3,000 to support Spy Hop’s programs while sponsoring their technology drive in August.

The office also rallied together to support Lincoln Elementary School. As a Title I school, they cannot ask for supplies or funds, often leaving them underfunded compared to other schools in the area. Windermere Utah donated $1,000 for kids to purchase the supplies they need for the school year.

 

From Left to Right: Misty Medina, Laurann Turner, Lincoln Elementary Rep, Shawnee Cooper, Lincoln Elementary Rep, Michelle Adkins, Chelle Preslar, Kelly Silvestor, and Stephanie Vera

 

Windermere Evergreen – Evergreen, CO

Windermere Evergreen has close ties to the local Rotary Wildfire Ready program and given the prevalence of wildfires across the Western U.S. in recent years, the office was inspired to tap their Foundation resources to support local wildfire relief efforts. John Putt–managing broker at Windermere Evergreen—is a member of the Rotary Wildfire Ready leadership council. A former paramedic and firefighter, he is passionate about providing resources and education to mountain communities regarding wildfire preparedness. After trying to come up with ways to support the program, they settled on a classic method of bringing the community together—a good old tailgate party.  The office donated $1,000 to support the Rotary Wildfire Ready program, and the first annual Windermere Foundation Tailgate Party saw members of the community come together from all corners of town.

 

The Evergreen, Colorado Rotary Wildfire Ready firetruck.

The Evergreen, Colorado Rotary Wildfire Ready firetruck.

 

Windermere Spokane – Spokane, WA

After hosting a blood drive earlier this year, Windermere Spokane has continued to find ways they can provide for those in need in their community. In early September, they turned their attention toward Spokane’s youth. When they saw the Spokane branch of Volunteers of America announce that they were planning to move their Crosswalk Youth Shelter across town to a new facility, the office jumped at the opportunity to help. Windermere Spokane held a matching fundraiser that ultimately raised over $21,000 for the new shelter. But the office’s recent foundation efforts didn’t stop there.

In preparation for the new school year, the office held their Spokane Sock and Shoe Event to support local low-income and homeless grade school-aged kids with new pairs of shoes and socks. This year’s event provided new shoes and socks for 116 kids.

 

Two women with masks on take a selfie during a clothing drive for local schoolchildren.

Left to Right: Windermere agents Blythe Thimsen and Brenda McKinley

 

A woman in mask holds up pairs of socks during a clothing fundraiser for local schoolchildren.

Windermere agent Brenda McKinley

 

Kritsonis Lindor Team — Windermere Bellevue South – Bellevue, WA

Windermere agents John Kritsonis and Karl Lindor of Kritsonis Lindor have been strong supporters of the Issaquah Food & Clothing Bank in years past, but the continued challenges of the COVID-19 pandemic made it clear that the IFCB needed their support more than ever. After food insecurity for children in their county jumped 54% in 2020, John and Karl knew they had to go all-in for their community. They doubled down on their fundraising campaign with a $25,000 match, ultimately raising $55,958. On August 20, their team spent the day volunteering at the food bank, putting together produce bags, and passing out groceries to families. All in all, they were able to provide groceries to over 120 families and over 350 kids. Their donations will support IFCB’s summer lunch program, which feeds roughly 300 children weekly during the summer.

To learn more about the Windermere Foundation, visit windermerefoundation.com. To help support programs in your community, click the donate button below.

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Windermere Partners with the Seattle Seahawks for Another Season to #TackleHomelessness

All of us at Windermere Real Estate are proud to kick off another season as the “Official Real Estate Company of the Seattle Seahawks.” Since 2016, we’ve partnered with the Seahawks to #TackleHomelessness by donating $100 for every Seahawks defensive tackle made in a home game. And for the third season in a row, the money raised will go to Mary’s Place, a non-profit organization dedicated to supporting homeless families in the greater Seattle area. Mary’s Place works to provide safe and inclusive shelter and services that support women, children, and families through their journey out of homelessness.

Mary’s Place’s mission and the work of the Windermere Foundation go hand-in hand. Last year, we were able to donate $32,100 which brought our #TackleHomelessness total to $160,300 donated over the past five seasons. We look forward to raising even more this year!

Interested in following along with our progress this season? Follow us on Facebook, Twitter, Instagram, and LinkedIn for updates. Go Hawks!

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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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