New real estate scholarship will help students seal the deal
Developer Steve Clark '65 named the award in honor of his father
Tyler Rosenhamer is the first recipient of the Layman L. Clark/Kansas CCIM Chapter Scholarship in Real Estate, established by Steve Clark, shown here in his Wichita office with Rosenhamer.
The qualities Tyler Rosenhamer possessed as a champion wrestler in high school are likely to serve him well as he pursues a career in real estate development.
Tenacity. Focus. Strategic thinking.
All are necessary in the highly competitive arena of commercial real estate, says Steve Clark, one of Wichita’s most successful developers. A 1965 graduate of Wichita State, with a bachelor’s degree in business administration, Clark last year provided a gift of $50,000 to establish a scholarship in real estate. Rosenhamer, who wrestled at Bishop Carroll High School and turned down wrestling scholarships elsewhere to attend WSU, is the inaugural recipient.
Clark says the 80/20 rule applies to real estate development: 80 percent of those who get in probably won’t survive.
“It’s not an easy field in which to get established, but there’s a great deal of opportunity for those who are well prepared,” he said. The scholarship he established is aimed at helping deserving students “fulfill their maximum potential. They need a lot of patience, a lot of tenacity and a willingness to work hard.”
“ I've been able to stay focused, get great advice and mentoring, and really think about my degree."
- Tyler Rosenhamer
Hard work is something Rosenhamer embraces. A senior who will graduate next May, he won an internship at C.E. Machine this semester, owns a lawn care business and puts a high priority on networking with faculty and business professionals.
“I have a lot of entrepreneurship in me,” he said. “My dream is to own a successful business or multiple businesses and, with my income, invest in different real estate opportunities. I’ve built a lot of good contacts with the real estate world through networking. I feel like this scholarship is the result of some of that networking.”
The scholarship is named in honor of Clark’s father, Layman L. Clark, but also acknowledges in its title the Kansas Certified Commercial Investment Member Chapter, which helps select the recipient.
Clark has investments and businesses primarily in other states, but his local projects include the Waterfront development at 13th Street and Webb Road. His father, also a real estate developer, was his earliest mentor.
“He had all these very admirable characteristics that were associated with a different time in our country, a different culture,” Clark said. “He worked hard and he played hard. It would be better for our country today if more people had those qualities.”
Rosenhamer, 21, has no regrets about giving up on a college wrestling career. He feels well-positioned for success in his chosen field.
“One of the reasons I came here was the Barton School of Business. It has a great reputation,” he said. “I’ve been able to stay focused, get great advice and mentoring, and really think about my degree. For me, Wichita State has delivered everything I expected it to.”
If you would like to establish a scholarship to help students fulfill their maximum potential, please contact Terre Johnson, WSU Foundation vice president for major gifts, at (316) 978-3808 or at firstname.lastname@example.org.