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

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."

Contact

Maryland Office

Lyndwood Executive Center
6085 Marshalee Drive, Suite 200
Elkridge, Maryland 21075
410-423-2300
410-423-2410 (fax)

Virginia Office

1818 Library Street, Ste. 500
Reston, Virginia 20190
703-454-0278
410-423-2410 (fax)

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