New real estate minor at UW thanks to Seattle broker's donation

  • Windermere founder John Jacobi and his wife, Rosalind, have donated $5.4 million to help fund a real estate minor degree at the University of Washington.
  • Windermere president Jill Jacobi Wood said this minor degree is the first step toward an eventual residential real estate master's program.

The University of Washington (UW) has a commercial real estate undergraduate program, but students who want to learn more about residential real estate had no options. Fittingly, as UW was planning to add some residential classes, it received an unexpected windfall — $5.4 million from Windermere founder John Jacobi and his wife, Rosalind.