About Lauer, Jersa & Associates

Lauer, Jersa & Associates was founded by Russell Lauer in 1996 as The Lauer Appraisal Company and was changed to Lauer, Jersa & Associates in 2019 when Michael Jersa joined as a partner.   Lauer, Jersa & Associates has in house research on over 10,000 commercial properties in the St. Louis area and appraising experience in a wide variety of commercial property types.  Our team is listed below.

Michael Jersa

Michael was a commercial broker since 2008 and began appraising in 2012.  Michael became a partner in 2019, is a certified general appraiser, in Missouri and Illinois, is a CCIM and is a candidate for designation in the Appraisal Institute



314-531-4000 ext 105

Keith McFarland, ASA

Keith has worked in the commercial appraisal field since 1987. Prior to joining Lauer Appraisal, Mr. McFarland was Associate Director of St. Louis Operations for Cushman & Wakefield, operated his own appraisal practice, and served as Appraisal Director for Marshall and Stevens Valuation.



314-531-4000 ext 102

Russell Lauer

Russ has been appraising for over 30 years and is our resident MAI appraiser.  Russ is a certified general appraiser in Missouri and Illinois and has experience in all property types as well as real estate investing. 

Senior Appraiser/Consultant


314-531-4000 ext 101

Jeff Hilgert

Jeff has been appraising since 2011 and is a certified general appraiser licensed in Missouri.   Jeff has experience in all commercial property types including special purpose properties and vacant land.

Senior Appraiser


314-531-4000 ext 106

Susan Meldrum

Susan is a certified general appraiser licensed in Missouri with 15 years experience in all forms of commercial real estate property types.  Susan is currently working towards her MAI designation.

Senior Appraiser


314-531-4000 ext 104

Andrea Jersa

Andrea has over 20 years experience in the financial services  industry and joined Lauer in 2018.  Andrea is working on her certified general appraisal license.



314-531-4000 ext 109