Michael J. Chicorelli, MAI

Michael  joined Lipman Frizzell & Mitchell LLC in August 2005 and in March 2019 became a Principal with the firm. Michael is a graduate of Towson University where he earned a Bachelor’s Degree in Biology, with a Chemistry minor. He obtained a Master’s degree in Environmental Science from Johns Hopkins University. Prior to joining LFM, Michael worked as an environmental engineer and consultant. He holds certified general real estate appraiser licenses in the State of Maryland, Commonwealth of Virginia, and the District of Columbia.

Michael’s appraisal experience includes a focus on right-of-way assignments, with 50+ reports written over the past year related to condemnation proceedings. Other valuation and consulting assignments include: office buildings, shopping centers, industrial properties, mixed-use and urban developments, subdivisions, distressed real estate, tax appeals, estate planning, easement valuation, feasibility studies, government rent studies, and going concern appraisals. Michael has testified as an expert witness for U.S. Bankruptcy Court, Maryland Tax Court, Circuit Court of Prince George’s County, and PTAAB.

What Our Clients are Saying

Stefan F. Tucker • Venable LLP

"As a lawyer specializing in estate and income tax planning, which often encompasses transfers by gift or bequest of interests in real property and interests in closely-held entities, such as partnerships, limited liability companies and S corporations, I am compelled to seek valuations of such interests by recognized experts in the field, so that the valuations attached to the gift or estate tax returns are “adequate disclosure” for Federal tax purposes.

In my practice, I have found that Lipman Frizzell and Mitchell is extraordinarily qualified to prepare the necessary valuations. Ron Lipman, Ryland Mitchell and the others at the firm carefully review all facts and make certain that the relevant documentation accords with their expectations so that their appraisals will stand up under heavy scrutiny by the Internal Revenue Service and State taxing authorities. They carefully consider minority interests in property and in entities, the different types of property within entities, and the presence or absence of restrictions on transfers in the appropriate documentation.

The bottom line is that at all times Lipman Frizzell and Mitchell is at the very top rung of appraisers. I would recommend them to anyone seeking to work with the very best."