Steven Schafer

Steven applies over four decades of broad experience and proven skills in residential, commercial and industrial development.

President & CEO

An accomplished real estate developer, investor and land assemblage specialist

Success as a builder of more than 2,000 homes and multi–family units in eight Metro Detroit communities in the 1990’s and 2000’s supported a transition into residential development, retail mixed–use development and showcase industrial projects across the country.Today, Steve primary focus is on assembling and entitling land for single–family and multi–family developments for large publicly traded home–builders in Michigan and Florida.

By aligning a strategic vision with real estate cycles and economic trends, Schafer grew from a local subdivision developer to the leader of an expanding enterprise with a Southeast regional office and five–state presence. He sold the residential operation to a national firm in the early 2000’s, an example of farsighted timing.

In addition to closing deals, his strengths include envisioning best–use applications to maximize land value for property owners and eliciting support for redevelopment proposals by showing its benefits to the broader community. Steve has recently worked with several golf course owners to redevelop their struggling courses into vibrant mixed–use single–family subdivisions. He has worked hand–in–hand with government officials and the surrounding community to bring about development that all parties can be proud of. Additionally, Steve has worked with municipal leaders and neighbors to explain how brownfield reclamation creates tax revenue and employment opportunities through productive renewal of abandoned properties. Schafer has been involved in some of the more complicated brownfield redevelopment projects in both Michigan and Florida.

Commitment

Relationships based on commitment, trust and reliability form the foundation of Steve Schafer’s approach, whether at corporate conference rooms, public hearings or across a kitchen table. “It’s important to get personal rapport, and I have a good track record of assembling large tracts of land,” says the executive who has personally delivered turkey dinners to prospective property owners for Thanksgiving. That’s how Steve Schafer likes to work.

    President & CEO

    The company founder began as a licensed builder, earning a Master Builder designation and remains actively engaged inacquiring parcels for major developments. Schafer has developed more than 15 million square feet of commercial space,including two projects exceeding 3 million square feet each. Since the early 2000s, Steve has entitled more than 5,000 lots for development by national home–builders in many Metro Detroit communities.

    Contact:

    (248) 932–7500

    Email

    Contact Us

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    31400 Northwestern Highway Suite H
    Farmington Hills, Michigan 48334
    (248) 914 - 7499
    spencer@schafer-dev.com