LAI Baltimore May Presentation: “What’s Behind Soaring Construction Costs” with Chip Lambertson, Whiting Turner & Michael Denise, Cushman & Wakefield

To answer these questions, we will have two experts, Chip Lambertson, Vice President for Cost and Estimating at Whiting Turner and Michael Denise, Senior Advisor in the Strategic Advisory division of Cushman & Wakefield.

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Chip Lambertson is the Vice President of Project Costs and Estimating with the Whiting-Turner Contracting Company. Chip has been involved in the construction industry since 1984 when he first joined his father’s independent cost consulting firm and was hired by Whiting-Turner in 1997. He currently manages a group of men and women who provide estimating support for the entire company.

Chip’s outreach spreads farther than Baltimore, where Whiting-Turner’s headquarters is located. He and his group support estimating efforts across the country and have experience working on projects of all sizes and in all industries. Chip is also responsible for informing his company with quarterly economic and market intelligence reports, while specializing in economic forecasting.

Mr. Lambertson was an adjunct professor at the Community College of Baltimore County where he taught in the Construction Management program from 2004 through 2018.

Michael Denise is a Senior Advisor for the Strategic Advisory Services Group of Cushman & Wakefield where he is responsible for providing consultation, valuation, and transaction services for clients seeking to transform and optimize their real estate assets.

Previously, he worked with the Investment Sales Group of Cushman & Wakefield where his focus was on the valuation of Industrial, Office, Multifamily, and Mixed-Use properties around the Baltimore Metropolitan Area. Before coming to Cushman & Wakefield Michael worked primarily in the operational and investment management of multifamily and single-family homes, working for local firms in the Silicon Valley and Baltimore Metro real estate markets.

Prior to entering the real estate world, he served as an active-duty infantry Captain in the United States Marine Corps. His primary responsibilities included the combat advisory of the Singaporean Guardsmen and Liberian Army. Michael finished his military career as the executive officer of a combat training company at the School of Infantry in Camp Pendleton, California. He was awarded the Joint Service Achievement Medal for his work during a deployment to Africa.

Michael’s educational background includes both a Master of Science in Real Estate and Infrastructure and a Master of Business Administration in Finance from Johns Hopkins University’s Carey School of Business. Michael also holds a Bachelor of Arts degree in Political Science from the University of California San Diego.

How can I contact the organizer with any questions?
Matthew L. Kimball, President, Baltimore Chapter
[email protected], (410) 783-6354