Calvin V. Thomas, MAI


With over 40 years of appraisal and consulting experience, Calvin has been with Lipman Frizzell & Mitchell LLC since 1996 and became a partner in 1998. Prior to LFM, he was Senior Vice President of a regional appraisal firm in Baltimore. He has also served as an appraiser and mortgage loan officer for various local and regional banks. Calvin is a licensed Certified General Appraiser in Maryland, Virginia, and Washington DC. He holds the MAI designation of the Appraisal Institute and is a licensed real estate broker in Maryland. He earned his Bachelor of Science degree in Economics from the University of Maryland.

Calvin has analyzed and appraised real estate projects throughout the Mid-Atlantic States and has worked nationwide on portfolio valuations. He has testified as an expert witness for U.S. Bankruptcy Court, Maryland Tax Court, Circuit Court of Prince George’s County, and the Circuit Court of Baltimore. His primarily areas of expertise are income producing properties, vacant land, rights-of-way, religious buildings, schools and other special purpose real estate.

What Our Clients are Saying

Gill Wylie, President, Johns Hopkins Medical Management Corporation


"Over the past 20 years, Johns Hopkins Medical Management Corporation has used the valuation, appraisal and financial analysis services of Lipman, Frizzell & Mitchell and been very pleased with the quality of their work. They are very client oriented and provide the quick response and analysis services which are necessary in today’s fast moving environment. We have found them to be creative and their advice is well documented, resulting in the well-grounded and sound business decisions."