B. F. Saul Company

What B. F. Saul Company does

B. F. Saul Company is a privately-held, family-owned diversified real estate company founded in 1892 in Washington, D.C. by B. Francis Saul II and now operating under third and fourth generation family leadership. Headquartered in Bethesda, Maryland at 7501 Wisconsin Avenue, the company operates across multiple real estate verticals and affiliated businesses, employing more than 1,600 people.

Core revenue operations flow through several divisions. B. F. Saul Property Company manages and leases more than 30 office, industrial, and flex properties totaling over 3 million square feet across the Washington metropolitan area (Maryland, Virginia, and DC), with marquee assets including the LEED Gold-certified Tysons Park Place II, 8201 Greensboro Drive, Dulles North Corporate Park, and 7501 Wisconsin Avenue. B.F. Saul Residential oversees 2,249 luxury apartments with a disclosed 1,800-unit pipeline, including the Kennedy-Warren (a National Register historic landmark), Park Van Ness, Lyon Place at Clarendon Center, The Waycroft, and recent openings The Milton at Twinbrook Quarter (2024) and Hampden House (2025). B.F. Saul Hospitality Group owns and operates 19 business-class hotels containing 3,437 rooms spanning four states with National Capital emphasis, anchored by The Hay-Adams (a member of The Leading Hotels of the World, adjacent to the White House), and franchised under Intercontinental Hotels Group, Marriott International (SpringHill Suites, Courtyard), Hilton (Hampton Inn & Suites), and Best Western. B.F. Saul Insurance operates as a regional diversified insurance brokerage providing Commercial Lines, Financial Lines (D&O/E&O/Cyber), and Personal Lines to real estate companies, associations, not-for-profits, and professional services firms. The Construction & Development Division provides full-service construction management, including LEED-certified ground-up development.

Revenue mechanics are a mix of transaction-fee leasing, managed-services property management, hotel revenue per available room, insurance brokerage commissions, and construction-management fees, with quote-based, per-negotiation commercial pricing. Affiliated but separately operated businesses include Saul Centers, Inc. (NYSE: BFS, a publicly-traded equity REIT holding 51 shopping center and office properties totaling 8.2 million square feet), Chevy Chase Trust (investment and wealth management with more than $27 billion in AUM), and ASB Capital Management (investment management for pension plans, endowments, and foundations). The customer base spans enterprise commercial tenants (Adobe, BAE Systems, Hilton Worldwide), affluent residential renters in DC metro luxury properties, business and leisure hotel guests, and insurance buyers in real estate / association / professional services segments, with primary geographic concentration throughout the Washington, D.C. metropolitan area.

Name

B. F. Saul Company

Legal name

B. F. Saul Company

Website

https://bfsaul.com

Company type

Private

Founded year

1892

Operating status

Operating

Headcount range

251–500 employees

Short description

B. F. Saul Company is a privately-held, family-owned diversified real estate company founded in 1892 and headquartered in Bethesda, Maryland, operating office leasing, luxury residential, hospitality, insurance brokerage, and construction divisions across the Washington, DC metropolitan area with affiliated investment management and a publicly-traded REIT.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Management of Companies and Enterprises (551), Real Estate Property Managers (53131), Real Estate and Rental and Leasing (53)

SIC

Real Estate (6500), Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate leasing
• Luxury apartment management
• Hotel ownership management
• Commercial insurance brokerage
• Construction management services

Headquarters

HQ city

Bethesda

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Commercial Real Estate Leasing: Income from leasing office and industrial properties across the Mid-Atlantic region. The Office and Industrial Division oversees 17 facilities totaling over 3 million square feet.
2. Residential Property Management: Revenue from managing luxury residential apartment communities including The Kennedy-Warren, Park Van Ness, Lyon Place at Clarendon Center, The Waycroft, The Milton at Twinbrook Quarter, and Hampden House.
3. Hotel Management & Ownership: Revenue from owning and managing 19 business class hotels with 3,437 rooms, including The Hay-Adams luxury hotel recognized as one of The Leading Hotels of the World.
4. Commercial Insurance: B.F. Saul Insurance operates as a regional diversified insurance brokerage providing Commercial Lines (property and casualty), Financial Lines (D&O/E&O Cyber), and Personal Lines coverage.
5. Construction & Development: Full-service construction management including conceptual budgeting, design, development and on-site project management for tenant interiors to full-scale development projects.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

B.F. Saul Company is a diversified, privately-held real estate company that owns, develops, leases, and manages commercial office and industrial properties (3+ million sq ft across 17 facilities), luxury residential apartments (2,249 units), and hotels (19 properties with 3,437 rooms including the flagship Hay-Adams). The company also operates a commercial and personal lines insurance brokerage and a full-service construction management division, primarily serving the Washington, DC metropolitan area.

Product overview

B. F. Saul Company is a privately-owned real estate company founded in 1892, operating as a holding company with multiple operating divisions and affiliated companies. The core portfolio is managed through B. F. Saul Property Company, which encompasses Office & Industrial Leasing (3M+ sq ft across Maryland, Virginia, and DC), Residential Property Management (2,249 luxury apartments), the B.F. Saul Hospitality Group (19 hotels with 3,400+ rooms), and the Construction & Development Division. The company also maintains affiliated companies including Saul Centers (NYSE-listed REIT with shopping centers), Chevy Chase Trust ($27B AUM wealth management), ASB Capital Management (investment management), and B.F. Saul Insurance (commercial and personal lines brokerage). The company primarily serves the Washington, D.C. metropolitan area and surrounding regions.

Differentiator

Problem solved

Functional benefit

Brands

• B.F. Saul Property Company: Office and industrial property management division managing over 30 properties and 3 million+ square feet
• B.F. Saul Residential
• B.F. Saul Insurance (BFSI)
• B.F. Saul Hospitality Group
• B. F. Saul The Construction Division

Products and services

• Office & Industrial Leasing Markets and leases over three million square feet of office and flex projects. Portfolio includes properties ranging from one-story corporate parks to 15-story Class A office buildings across Maryland, Virginia, and Washington, DC.
• Residential Property Management Oversees 2,249 luxury apartments with an 1,800-unit pipeline. Portfolio includes The Kennedy-Warren, Park Van Ness, Lyon Place at Clarendon Center, The Waycroft, The Milton at Twinbrook Quarter, and Hampden House in the Washington Metropolitan Area.
• B.F. Saul Hospitality Group Operates business class hotels in airport, urban and suburban markets across four states with emphasis on the National Capital region. Portfolio includes full-service hotels with food and beverage facilities, select service, extended stay hotels, and two conference centers.
• The Hay-Adams Hotel Luxury hotel property recognized as one of The Leading Hotels of the World. Located in Washington, DC adjacent to the White House.
• B. F. Saul Insurance Regional diversified insurance brokerage and advisory firm offering Commercial Lines (property and casualty), Financial Lines (D&O/E&O Cyber), and Personal Lines (homeowners and auto) for successful families and real estate clients.
• Construction & Development Division Provides full-service construction management including conceptual budgeting, design, development, and on-site project management. Has constructed flagship properties including Tysons Park Place II (LEED Gold Certified), Tysons Courtyard by Marriott, Hampton Inn & Suites at Dulles Airport, and SpringHill Suites at Dulles Airport.
• Chevy Chase Trust Investment and wealth management firm with more than $27 billion in assets under management. Specializes in proprietary thematic investment research, customized portfolio management, financial planning and trust services for individuals, endowments and institutions.
• ASB Capital Management Investment management firm that helps pension plans, unions, corporations, endowments, foundations, and charitable organizations across the country through its Investment Management and Real Estate Investments Divisions.
• Saul Centers, Inc. Self-managed, self-administered equity real estate investment trust (NYSE: BFS) operating 51 community and neighborhood shopping center and office properties totaling approximately 8.2 million square feet of leaseable area.

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered flagship, core and minor.

• Saul Centers, Inc.flagshipOthersSaul Centers, Inc. (NYSE: BFS) is a self-managed, self-administered equity real estate investment trust formed in 1993 and headquartered in Bethesda, Maryland. It operates and manages a real estate portfolio of 51 community and neighborhood shopping center and office properties totaling approximately 8.2 million square feet of leaseable area.
• Chevy Chase TrustcoreOthersChevy Chase Trust is the pre-eminent investment and wealth management firm in the Washington, D.C. area with more than $27 billion in assets under management. The firm specializes in proprietary thematic investment research, customized portfolio management, financial planning and trust services for individuals, endowments and institutions.
• ASB Capital ManagementcoreOthersASB Capital Management helps pension plans, unions, corporations, endowments, foundations, and charitable organizations across the country through its Investment Management and Real Estate Investments Divisions.
• B.F. Saul InsurancecoreOthersB.F. Saul Insurance operates as a regional diversified insurance brokerage and advisory firm providing Commercial Lines (property and casualty), Financial Lines (D&O/E&O Cyber), and Personal Lines (homeowners and auto) coverage for successful families and businesses in key segments including Real Estate, Associations, Not For Profit organizations, and Professional Services firms.
• B.F. Saul Hospitality GroupcoreOthersB.F. Saul Hospitality Group specializes in operating business class hotels in airport, urban and suburban markets across four states with emphasis on the National Capital region. The portfolio includes full service hotels with extensive food and beverage facilities, select service and extended stay hotels, and two conference centers.
• The Hay-Adams HotelflagshipOthersThe Hay-Adams is a luxury hotel property recognized as one of The Leading Hotels of the World. Located in Washington, DC, it is one of the company's flagship hospitality properties.
• Intercontinental Hotels GroupminorChannel Partner/ Reseller/ DistributorB.F. Saul Hospitality Group franchises first class brands from Intercontinental Hotels Group as part of its hospitality operations.
• Marriott InternationalminorChannel Partner/ Reseller/ DistributorB.F. Saul Hospitality Group franchises first class brands from Marriott International including SpringHill Suites and Courtyard by Marriott as part of its hospitality operations.
• HiltonminorChannel Partner/ Reseller/ DistributorB.F. Saul Hospitality Group franchises first class brands from Hilton including Hampton Inn & Suites as part of its hospitality operations.
• Best WesternminorChannel Partner/ Reseller/ DistributorB.F. Saul Hospitality Group franchises first class brands from Best Western as part of its hospitality operations.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Saul Centers, Inc. NYSE-listed equity REIT (BFS) that is an affiliated entity of B.F. Saul Company, operating 51 community/neighborhood shopping centers and office properties totaling 8.2M sq ft. Directly comparable as a DC-area real estate platform with overlapping office assets and shared management lineage.
• JBG SMITH Properties: NYSE-listed REIT (JBGS) focused on mixed-use, office, multifamily, and retail properties in the Washington DC metropolitan area. Directly comparable to B.F. Saul's DC-metro office and residential strategy and a primary regional competitor for trophy assets.
• The Donohoe Companies: Privately-held, Bethesda-based real estate company with DC metro commercial, hospitality, and development operations. Comparable to B.F. Saul as a diversified, family-influenced DC regional real estate platform spanning multiple property types.
• AvalonBay Communities: NYSE-listed REIT (AVB) that develops, acquires, and operates luxury apartment communities in high-barrier-to-entry US markets including the DC metro area. Directly comparable to B.F. Saul Residential's luxury apartment strategy in the Washington region.
• Pebblebrook Hotel Trust: NYSE-listed REIT (PEB) owning and operating urban and resort hotels, including properties in the DC metro. Comparable to B.F. Saul Hospitality Group as a hotel owner-operator with urban and business-travel exposure.
• Brandywine Realty Trust: NYSE-listed REIT (BDN) with a portfolio of Class A office, mixed-use, and residential properties primarily in Philadelphia, Austin, and the DC metro. Comparable as an office-heavy operator with overlapping DC metro exposure and similar suburban office park assets.

Broad incumbents

• Boston Properties (BXP): NYSE-listed REIT and one of the largest publicly-traded developers and owners of Class A office properties in the US, with significant DC metro exposure. Comparable as a major office landlord and developer competing for premium DC tenants and assets.
• Vornado Realty Trust: NYSE-listed REIT (VNO) with a high-quality office portfolio concentrated in NYC and select DC assets. Comparable as a large, established office-focused operator with similar trophy-asset strategies, though operating in a different primary market.
• Equity Residential: NYSE-listed REIT (EQR) operating a large portfolio of upscale apartment properties in urban and high-density suburban markets. Comparable as a major institutional luxury multifamily operator, though more geographically diversified than B.F. Saul.

Regional players

• Carr Properties: Privately-held DC-based real estate investment and development firm focused on Class A office and mixed-use properties in the Washington DC metro. Comparable to B.F. Saul's Office & Industrial Division as a DC-focused office operator and developer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/b.-f.-saul-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about B. F. Saul Company