COMMERCIAL REALTOR® BRIEF

 

Data Center Buzz


St. Louis Mayor Cara Spencer recently introduced a new data center policy, which avoids a development moratorium and instead requires special permits, public hearings, and detailed impact reviews for each project. Spencer said the policy, outlined in an executive order, will see the city develop a framework for data centers over the next five months while remaining open to potential new data center project proposals.


We believe this approach balances oversight with growth, ensuring St. Louis can remain competitive in attracting tech infrastructure critical to the region’s future economy.


Read more from St. Louis Public Radio


Review Resolution Number 111 Affirming Support of Executive Order 92


What a Government Shutdown Means For Real Estate

As of October 1, Congress has failed to reach a funding deal, triggering a federal government shutdown. This lapse has halted the National Flood Insurance Program (NFIP) from issuing new policies, threatening 1,400 property transactions per day and adding uncertainty to a housing market that makes up nearly 20% of the U.S. economy.


Beyond NFIP, shutdowns also disrupt IRS income verification, FHA/VA loan processing, and federal housing programs—delays that could affect hundreds of thousands of buyers, sellers, and renters.


The National Association of REALTORS® (NAR) is urging Congress to end the shutdown, reauthorize NFIP, and provide stability for families, businesses, and the housing market.


Read More from NAR®.

Lipsey Co Recap

On Wednesday, Oct. 1, commercial real estate professionals gathered at Maggiano’s Little Italy in Richmond Heights for a four-hour training session led by Mike Lipsey of The Lipsey Company.


The morning kicked off with two sessions: “Win More Tenant Rep Assignments” and “Performance Leasing,” followed by a complimentary lunch and networking. The training continued with “Consultative Brokerage” and “Team Brokerage,” offering practical strategies to elevate client service and team performance.


Attendees left with actionable tools, expert insights, and renewed energy to grow their brokerage's success. Thank you to all who joined us!


View event photos from Lipsey Co. training.

NATIONAL AND STATE ASSOCIATION NEWS

 

NAR® is the largest commercial real estate organization in the U.S., representing over 165,000 commercial members. It's also recognized as one of the nation's most effective advocacy groups.


Want to see how your dues support the industry? Explore NAR’s commercial real estate issue summaries to learn more.


179-D Energy Efficient Commercial Building Tax Provision | Americans with Disabilities Act Reform |  Basel Capital Standards for Banks and Thrifts |Commercial Real Estate Lending | Crowdfunding | Drones | Lease Accounting | Qualified Opportunity Zones | SBA Loans | Section 1031 Like-Kind Exchange | State-Legalized Cannabis Businesses 


View letters to Congress, federal agencies and congressional testimonies.

 

St. Louis Commercial REALTORS® | stlrealtors.com/commercial

314-590-2315 | commercial@stlrealtors.com


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