Students in Warrington College of Business meet for lecture in Hough Hall.

Real estate professor to retire after more than 50 years with Warrington

GAINESVILLE, Fla. – Wayne Archer, William D. Hussey Professor and Executive Director of the Kelley A. Bergstrom Real Estate Center, is set to retire after a 50-plus year career with the University of Florida Warrington College of Business.

Archer, who started with Warrington as an assistant professor of real estate in 1971, will retire in 2022. He has spent his entire academic career preparing students for careers in real estate and beyond at the Warrington College of Business.

“The driving factor for me over the years has been our impressive UF students, and I will miss the privilege of teaching them,” Archer said. “Also, I will be bowing out of a great professional team. But I feel tremendous satisfaction with what we have accomplished in bringing the Bergstrom Real Estate Center and our academic real estate program to the pinnacle of the profession.

“The beauty of my job is that I don’t really have to quit. I can continue with research and reading that I’ve never had time to do. And, in my spare time, maybe I can do a better job of maintaining the two-story treehouse our family built in our backyard many years ago.”

Archer’s half-century career with Warrington began with an assistant professor role from 1971 to 1993, followed by nine years as an associate professor and a full professor position starting in 2003. Over the course of his career, Archer has made over 50 academic research presentations, with his main areas of interest being real estate finance, mortgage securitization and office markets and real estate price indices. He is the author, along with Warrington’s David Ling, of Real Estate Principles: A Value Approach, which is now in its sixth edition.

Archer’s teaching focus is on real estate finance, mortgage markets and real estate market analysis. For much of the 1970s and 1980s, he advised the student real estate organization at Warrington. He is a member of the American Real Estate Society and American Real Estate and Urban Economics Association, the latter of which he served as a board member. He is a Fellow of the Weimer School of Advanced Studies at the Homer Hoyt Institute, served as an educational consultant for the Florida Real Estate Commission for almost 15 years and regularly consults with various businesses. Archer served on the editorial board of Real Estate Economics from 2000-2007. In addition, Archer spent two years as a guest researcher at the Federal Home Loan Bank Board in Washington, D.C.

Archer earned his Ph.D. in economics from Indiana University in 1974, master’s degree in 1968 from Wichita State University and bachelor’s degree in 1963 from Westmar College.