Real Estate MBA Student Wins Elite Texas Award

Published on June 10, 2010

Bauer MBA Honored with Texas Business Hall of Fame Scholarship

Justin Boyar, MBA student and co-president of the Bauer Real Estate Club, was named one of 19 Texas students to receive a prestigious scholarship from the Texas Business Hall of Fame.

Justin Boyar, an MBA student at the C. T. Bauer College of Business at the University of Houston, was recently named among 19 students across Texas to be awarded a scholarship from the Texas Business Hall of Fame.

The prestigious award recognizes students who are future entrepreneurs and leaders of Texas’s business community with a $10,000 unrestricted scholarship.

“These 2010 scholarship recipients represent the best of the young men and women of Texas. They have an entrepreneurial spirit, high integrity and a strong personal drive,” foundation chairman Amy Chronis said. “We congratulate them on their success and expect them to compete, contribute and thrive in this highly connected world, making their communities better places to live.”

Boyar was nominated by his professors for initiative in bringing real estate-focused learning and networking opportunities to UH Bauer. As co-founder and president of the Bauer MBA Society Real Estate Club, he has bridged connections with civic leaders and executives at leading commercial real estate firms in Houston, creating real-world opportunities for his peers to learn about real estate development.

“Since I was young, I’ve been interested in how cities are formed, how they are developed and built,” Boyar said.

Working closely with Associate Dean Latha Ramchand, Boyar influenced the creation of a real estate certificate within the graduate finance curriculum for others who aspire to work in real estate.

Boyar is interning at Transwestern headquarters in Houston this summer, one of the largest privately held commercial real estate and development firms in the country.  Creating opportunities for real estate in academics not only serves his personal interests, he said, but fills a huge need in the city of Houston.

“Houston has one of the strongest and fastest growing economies in the world, and we have one of the largest concentrations of national and international real estate companies centered in our city,” Boyar said. “There is a need that needs to be filled, and it’s exciting to see it’s actually happening at the University of Houston.”

The Texas Business Hall of Fame will honor Boyar and other scholarship recipients at a luncheon ceremony on Nov. 8. In addition to the scholarship winners, the organization will honor prominent business leaders at its 28th Annual Induction Dinner that evening. Since its inception, the Texas Business Hall of Fame Foundation has inducted 154 honorees, such as former President George H.W. Bush, Dan Duncan and Drayton McLane; San Antonio legends, Tom Benson, L. Lowry Mays and Red McCombs; Austin leader Michael Dell; and Dallas visionaries Ray Hunt, Herb Kelleher and Boone Pickens.

“This scholarship is a high honor,” Boyar said. “It’s something I am immensely proud of, and something that could not have been achieved without the collaboration of my MBA team members and the receptivity of Bauer faculty who have elevated the idea of a real estate curriculum from vision to reality.”

By Lori Reichardt

About the Texas Business Hall of Fame Foundation

The Texas Business Hall of Fame Foundation is a non-profit organization of 70 directors who are business leaders from cities throughout the state. The Organization’s mission is to recognize the accomplishments and contributions of Texas business leaders, to perpetuate and inspire the values of entrepreneurial spirit, personal integrity and community leadership in all generations of Texans. This mission is achieved by inducting honorees at an annual dinner, publicizing their accomplishments throughout the state and providing financial support for higher education in Texas. For additional information, contact the TBHF office at 713.993.9433 or visit

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