Each year the WSU Center for Real Estate and the Kansas Chapter of Certified Commercial Investment Members (CCIM) present their annual Lifetime Achievement Award. The award honors local professionals who have made outstanding contributions to the commercial real estate profession and is a great honor and a tribute to individuals who represent the finest examples of Wichita’s rich history of entrepreneurship in the real estate industry.
2021 Honoree – Stanley D. Longhofer
In 2021, the Kansas CCIM Chapter surprised Dr. Stan Longhofer by selecting him as the latest recipient of the Lifetime Achievement Award. “I was truly stunned and deeply honored,” said Longhofer. “While I have devoted the bulk of my professional life to educating and serving the professional real estate community throughout Kansas, I never expected that my work would be recognized and appreciated in this way. The past recipients of this award are legends in the Wichita commercial real estate community, and I am humbled to be included in their company.”
Dr. Longhofer is a full professor and holds the Stephen L. Clark Chair of Real Estate and Finance at in the Barton School of Business Wichita State University. He was hired in 1999 to rebuild a virtually dormant real estate program and to rebuild relationships with the area real estate community. In 2000, he founded the Center for Real Estate to help deepen the connections between the professional real estate community and WSU’s educational and research programs. Through the Center, Dr. Longhofer provides research services and educational programs to real estate professionals throughout the region. Since coming to WSU, he has given over three hundred presentations about the economy and real estate markets, and he has organized and taught dozens of educations programs for professional groups throughout the Central Plains.
His insights regarding real estate market conditions are widely quoted in local and national media outlets, including the Economist, Forbes, USA Today, and the Christian Science Monitor, and he has been featured as an op-ed columnist in the Washington Post and the Wall Street Journal’s online edition. Dr. Longhofer is a prolific academic researcher as well, and his work has been published in a variety of leading academic journals. In addition, he has written numerous popular articles on real estate and financial markets that have appeared in publications such as the Appraisal Journal, Investor’s Business Daily, the Cato Institute’s Regulation magazine, and Commercial Investment Real Estate.
Dr. Longhofer’s biggest impact on the commercial real estate industry, however, has been through the work of his former students. As a professor and mentor, Longhofer has helped mold the Wichita commercial real estate industry for nearly a quarter of a century by teaching and encouraging innumerable students, many of whom have become leaders in the profession.
Prior to coming to Wichita State, Dr. Longhofer was a financial economist with the Federal Reserve Bank of Cleveland researching problems in mortgage discrimination, financial contracting, and bankruptcy. While there, he also served as a founding member of the Federal Reserve System’s Fair Lending Advisory Group, consulting with bank examiners on fair-lending issues and developing statistical techniques to uncover mortgage discrimination.
Dr. Longhofer earned his M.S. and Ph.D. degrees in economics from the University of Illinois and holds a B.B.A. from Wichita State.