The Homer Hoyt Institute
Hoyt, in addition to his theories, had a great interest in research produced by academia. His desire was to bring academia and industry together for the enrichment of both. Towards this end, Hoyt decided to underwrite the formation of the Homer Hoyt Institute in 1967. Income from the sale of his Florida property was used to support research at the American University as part of a consortium of 35 universities. It was later shifted to the creation of an advanced studies institute named in honor of Dean Arthur M. Weimer (1910–1987), Hoyt’s closest friend and co-author of a longstanding leading textbook in real estate. By January 2009, the Institute had admitted over 120 candidates who are national and international leaders in academic and industry research in real estate and related areas to the status of Weimer School Fellows. The Advanced Studies Institute, which oversees the Weimer School, was renamed the Maury Seldin Advanced Studies Institute in Real Estate and Land Economics when Dr. Seldin, the founding president of the Homer Hoyt Institute, retired after twenty-five years of service.
A division of the Homer Hoyt Institute is known as the Hoyt Fellows. It is the industry counterpart of the Weimer School Fellows. The Institute has also formed the Hoyt Institute for Real Estate, which is oriented to those seeking a career in this field.
More information on these Hoyt Group activities is available on the Hoyt Group website:
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