Stephen Palms Recognized in Midwest Real Estate Journal Hall of Fame
Miller Canfield is pleased to announce that Stephen G. Palms has been named to the Midwest Real Estate Journal’s Hall of Fame.
Palms is a principal in Miller Canfield’s Real Estate Group. His work includes many large scale projects, a $560 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 for affordable housing projects valued at $200 million.
“We are tremendously proud of Steve not only for this recognition but for the outstanding work he does for his clients. This work has, without a doubt, made a positive impact on the communities where his clients invest and do business,” said Miller Canfield CEO Michael McGee.
Palms was the lead attorney in the Miller Canfield team that represented the Ilitch organization in structuring a transaction with the City of Detroit and the State of Michigan for the development of the new sports and entertainment facility that is the home for the Detroit Red Wings and Detroit Pistons as well as a venue for other events. The project also encompasses the development of the area around the new arena, commonly referred to as District Detroit, which will include office, retail, hotel and residential developments.
Palms is a member of the University Musical Society Board of Directors at the University of Michigan, an organization that brings world-class music, dance and theater to the University of Michigan. He also actively supports land conservancies both in Washtenaw County and Leelanau County. He previously served on boards for Artrain USA and Performance Network. He has earned a highly coveted Band 1 ranking in “Chambers USA” and is recognized in both Best Lawyers in America and Michigan Super Lawyers. He is a frequent lecturer on real estate topics.