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

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."