Sheldon A. Stern, MAI


Sheldon has been within LFM for 30 years and holds the MAI designation of the Appraisal Institute. He is a licensed real estate broker in Maryland and a Certified Property Manager (CPM) from the Institute of Real Estate Management. Sheldon received a bachelor’s degree from University of Maryland and master’s degrees from University of Baltimore and American University. His master’s from American University is in real estate and urban development. Sheldon sits on the Board of Directors of CHAI, Comprehensive Housing Assistance, a non-profit housing agency.

He has qualified as an expert witness for Federal Bankruptcy Court, and testified before the Property Tax Assessment Appeals Board (PTAAB) and MICPEL Trial Advocacy Program. His valuation experience focuses on apartment buildings; retail, office, and industrial properties, and residential subdivisions. Assignments have included tax credit valuations, Fannie Mae and Freddie Mac reports, HUD MAP valuations and HUD rent comparability studies.

What Our Clients are Saying

Donn Weinberg, Executive V.P. and Trustee


"We at The Harry and Jeanette Weinberg Foundation have consulted on a variety of real estate matters with Lipman Frizzell and Mitchell over the past 15 or so years. Their advice has been instrumental in our decision-making on many matters, including evaluation of pro-forma submissions from managing partners, decisions to sell properties, decisions to purchase property, and the like. Taking their advice has saved us money and made us money, and we continue to weigh their expertise very heavily in making our big decisions on real estate."