B.F. Saul Company is a privately-owned real estate enterprise founded in 1892 in Washington, D.C. by 19-year-old Bernard Francis Saul. The firm began as a mortgage banking and land development operation, financing the sale of family-owned botanical nurseries. Today, led by B. Francis Saul II, the company operates through multiple divisions focusing on commercial real estate ownership, development, construction, property management, insurance, and hotel operations. The company owns and manages a portfolio that includes shopping centers, office buildings, industrial properties, luxury residential developments, and hotels totaling over 3,400 guest rooms, plus the Hay-Adams Hotel opposite the White House. B.F. Saul Company's primary geographic focus is the Washington, D.C./Baltimore metropolitan area, where over 85% of its property operating income originates.