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

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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