Stephen (Steve) Palms is a seasoned professional. He has represented developers, lenders, borrowers, governmental entities, landlords, tenants, contractors, sellers and purchasers in such areas as development, financing, construction, leasing, and sales and purchases of both improved and unimproved property.

Steve has participated in transactions involving all types of real property, including office buildings, shopping centers, industrial and research parks, hotels, hospitals, schools, stadiums, single-family residential subdivisions, multi-family apartment projects and affordable housing projects.

Steve’s case files are filled with many big-ticket successes, including a $530 million arena, a $300 million ballpark, an $80 million shopping center, a $35 million residential housing community, and two urban office buildings worth $66 million, to name just a few. He also has represented owners and underwriters in issuing tax exempt bonds. His honors include Best Lawyers in America, Real Estate Law, 1983 to 2023, Chambers USA: America’s Leading Business Lawyers, Real Estate Law (Band 1), 2007-present, Michigan Super Lawyers, Real Estate, 2007-present, State Bar of Michigan Pro Bono Honor Roll, 2020-present, DBusiness Magazine, Top Lawyers, Real Estate, 2011-present, University of Michigan Law School, magna cum laude; Associate Editor of the Michigan Law Review; Order of the Coif. Steve is or was involved with the Universal Musical Society Board of Directors, Artrain USA Board and officer, Boy Scouts of America and Performance Network. Steve has been providing pro bono help with conservation easements and other advice to Legacy since 2021.