Bernard Saul II
Bernard Francis Saul II is an American billionaire heir and businessman. He is the chairman and chief executive officer of Saul Centers, private real estate firm based in Bethesda, Maryland, since 1993.
- B. Francis Saul II inherited his grandfather’s property management firm, B.F. Saul Company, and turned it into a real estate empire.
- B.F. Saul Company owns 9.3 million square feet of retail and office space across the country along with 19 hotels.
- He also owns The Hay-Adams, a 5-star hotel across the road from the White House that brands itself as “discreetly luxurious.”
- He sold Chevy Chase Federal Savings Bank to Capital One in 2009 for $476 million.
- The majority of his real estate portfolio is managed through Saul Centers, a publicly traded REIT.
