Real Estate Woes Won't Stop Bahn

It’s no secret that the current recession has had an impact on St. Louis, and South County is no exception. The commercial real estate industry, in particular, seems to have been hit hard.

Just ask commercial real estate broker, Stephen Bahn. Bahn has been selling and leasing commercial real estate for 35 years. He is aware of the financial flux that has gripped the market.

“The recession has knocked me back at least 10 years, probably 15," he said. "A lot of people have lost equity in their properties, as I have. It will probably be a long stairwell back.”

But Bahn is a realist. He has managed to rally his resources to remain viable. For the first time, he has taken on an associate.

“And I am taking listings now that I wouldn’t take two years ago,” he said. “I’m no miracle worker. But if you’re realistic and you’ve got a thick skin, then you can sell your property today.”

Historically speaking, Bahn has always been true to the reality of life circumstances. One way or another, land was going to be a part of it. As a lifelong South County resident, his family had roots in the golf course industry. They owned Bahn-Fire Golf Course and what used to be known as Arrowhead Golf Club on Telegraph Road.

He considered being a golf course superintendent, but didn't like the salary. One thing led to another, and he ended up in the asphalt laying business.

“I started doing a lot of work for commercial developers, and I just decided I wanted to have people pave my properties and not the other way around,” Bahn said.

The leap into commercial real estate was seamless.   

“I just did it,” he said. “I went out and got my license and started on Telegraph Road and have just grown from there.”

Bahn likes his independence and that he has “chosen not to be a suit.” He also harbors a secret desire to be a pizza cook. Although retirement is not near, pizza could play a role.

For now, however, the business of real estate occupies his mind.

“I don’t do deals for a one-time commission," he said. "I do deals for a lifelong relationship.”