Francis Saul III
Founder & CEO
Frank Saul has over 35 years of hands-on experience in the real estate industry, including the development, management and financing of numerous projects in the residential, office, retail and hotel sectors. He is a member of one of the leading real estate families in the U.S. and, during his 25-year tenure with the B.F. Saul real estate organization, he served as President of Saul Centers, Inc. (a New York Stock Exchange REIT) and President of the B. F. Saul Company, which owns and operates multi-family properties with more than 1,400 apartments, 20 hotels with approximately 3,600 rooms, and 3 million square feet of office and flex buildings. He was directly responsible for the acquisition and development of more than 2,300 hotel rooms and over 4 million square feet of retail, mixed use and office space. Some notable projects include: the mixed-use Clarendon Center with 244 residential units, 172,000 square feet of office space, and 42,000 square feet of retail space; and the Park Place II office building in Tysons Corner, which serves as world-wide headquarters for Hilton Hotels. Frank also worked on several iconic historic buildings in Washington, DC, including the restoration of the Kennedy Warren apartment building and the development of its new South Wing, and the acquisition and renovation of the historic Hay-Adams Hotel. Since founding Saul Urban in 2012, Frank has been focusing on the development and repositioning of multi-family projects in urban centers and middle-income housing in suburban and exurban locations.
Frank currently serves on the boards of Chevy Chase Trust Company and ASB Capital Management. His commitment to civic causes and non-profit organizations is extensive and includes serving on the boards of the Center for the Study of the Presidency and Congress, the Jefferson Trust at the University of Virginia, and the Wolf Trap Foundation for the Performing Arts. He is a past Chairman of the Boys & Girls Clubs of Greater Washington, and a past director of the Children’s National Medical Center, and The Conservation Fund.
His professional affiliations include The Economic Club of Washington, DC, and the Urban Land Institute. Frank received his Bachelor of Arts degree from the University of Virginia and his MBA from Northwestern University’s Kellogg School of Business.