B. F. Saul Company
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B. F. Saul Company
B. F. Saul Company is a large, private real estate firm based in Bethesda, Maryland. The company owns and manages several properties in the Washington metropolitan area and one property in Fort Lauderdale, Florida including 20 hotels. Notable properties include the Hay-Adams Hotel and the Kennedy-Warren Apartment Building. The company is an affiliate of Saul Centers, Inc., a public company and real estate investment trust that is a component of the S&P 600 index. History Founding On December 1, 1892, at the age of 19, Bernard Francis Saul founded Saul Company in Washington, D.C. Saul Company became a successful mortgage bank and developer. Within 8 years of starting the firm, B. Francis Saul founded the Home Savings Bank and soon after merged it with the American Security and Trust Company. Saul Company became B. F. Saul Company. Saul's grandson, Bernard Saul II, is currently CEO and chairman of the firm. His great-grandson B.F. Saul III resigned as president of the firm in ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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Rosslyn, Virginia
Rosslyn ( ) is a heavily urbanized unincorporated area in Northern Virginia located in the northeastern corner of Arlington County, Virginia, north of Arlington National Cemetery and directly across the Potomac River from Georgetown and Foggy Bottom in Washington, D.C. Rosslyn encompasses the Arlington neighborhoods of North Rosslyn and Radnor/Ft. Myer Heights, and is located east of Court House, another urbanized Arlington neighborhood. Characterized as one of several "urban villages" by the county, the numerous skyscrapers in the dense business section of Rosslyn make its appearance in some ways more urban than nearby Washington. Rosslyn residents have an average household income of $105,000 and 81% are college graduates. Establishments in the neighborhood include Sinclair Broadcast Group-owned ABC affiliate WJLA located in the Rosslyn Twin Towers, and Marriott International's longest operating hotel, the Key Bridge Marriott. Notable structures include the United States Marine ...
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Homewood Suites By Hilton
Homewood Suites by Hilton is an American chain of all-suite residential-style hotels managed by the Hilton Worldwide. As of December 31, 2019, the chain consists of 505 hotels in 4 countries and territories with 57,545 rooms. 490 Homewood Suites hotels are independently owned and operated by franchisees with 55,899 rooms, while 15 hotels are managed with 1,646 rooms. Homewood Suites competes in the upscale tier of the extended-stay market, along with Staybridge Suites by IHG and Residence Inn by Marriott. History The first Homewood Suites was founded in Omaha, Nebraska in 1989. For the next ten years, the hotel chain was owned by Memphis-based Promus Hotel Corporation, which also owned Embassy Suites, Hampton Inn and Doubletree. Hilton purchased Promus in 1999 for $3.1 billion, making Homewood Suites a Hilton brand alongside the other three Promus chains. In 2000, Homewood Suites changed its name to Homewood Suites by Hilton, reflecting the change of ownership that went in ...
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Target Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a massive, highly publicized security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United ...
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Ballston, Virginia
Ballston is a neighborhood in Arlington County, Virginia. Ballston is located at the western end of the Rosslyn-Ballston corridor. It is a major transportation hub and boasts one of the nation's highest concentrations of scientific research agencies, including the Office of Naval Research, Virginia Tech's Advanced Research Institute, and the Air Force Office of Scientific Research. It is served by the Ballston–MU station on the Orange and Silver Lines of the Washington Metro. By some measures, Ballston is the densest neighborhood in the entire Washington metropolitan area. History Ballston is named after the Ball family, one of whose family cemeteries lies in the neighborhood at N. Stafford Street and Fairfax Drive (Virginia State Route 237). Ballston began as Birch's Crossroads, and later became Ball's Crossroads at what is now the intersection of N. Glebe Road and Wilson Boulevard. A historical marker that stands near the southeastern corner of the intersection reads: ...
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Bisnow Media
Bisnow Media, also known as Bisnow, is a multi-platform digital media company that produces news and live events. Founded in 2005, Bisnow Media is owned by private equity firm Wicks Group and has offices in New York and Washington, D.C. with 75 full-time employees. Covering 27 metropolitan markets across the U.S., Canada and the U.K. with a subscriber base of over 600,000, Bisnow is one of the largest producers of commercial real estate news and events. The company's publications have been described as similar to ''Business Insider'', covering topics such as real estate, technology and businesses with a slight irreverence similar to BuzzFeed. History The company was founded in 2005 by Mark Bisnow, a DC lawyer, business executive, and radio talk show host, who had become known for irreverent "Bisnow on Business" radio spots on the local all-news station and active involvement in local business organizations and philanthropies. Bisnow wanted to take advantage of the new economics ...
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Rockville, Maryland
Rockville is a city that serves as the county seat of Montgomery County, Maryland, and is part of the Baltimore–Washington metropolitan area. The 2020 census tabulated Rockville's population at 67,117, making it the fifth-largest community in Montgomery County. Rockville, along with neighboring Gaithersburg and Bethesda, is at the core of the Interstate 270 Technology Corridor which is home to numerous software and biotechnology companies as well as several federal government institutions. The city, one of the major retail hubs in Montgomery County, also has several upscale regional shopping centers. History Early history Situated in the Piedmont region and crossed by three creeks ( Rock Creek, Cabin John Creek, and Watts Branch), Rockville provided an excellent refuge for semi-nomadic Native Americans as early as 8000 BC. By the first millennium BC, a few of these groups had settled down into year-round agricultural communities that exploited the native flora, includi ...
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Twinbrook (Rockville, Maryland)
Twinbrook is a large residential subdivision in the city of Rockville, Maryland. The name Twinbrook or Twin-Brook came from the four developers, Joseph L. Geeraert, Roland Simmon, Wesley Sauter, and Donald Gingery, who originally established the new subdivision on October 18, 1946. The name was a reference to the two streams that traversed the original 200 acres of the development, both eventually feeding into Rock Creek, which is the namesake feature of Rock Creek Park, a unit of the National Park Service. The older south section of Twinbrook is roughly bounded by First Street on the west, Veirs Mill Road on the north, Halpine Road and Twinbrook Parkway on the east and the B&O railroad and Washington Metropolitan Area Transit Authority tracks to the southwest.https://rockmail.rockvillemd.gov/clerk/egenda.nsf/d5c6a20307650f4a852572f9004d38b8/f88cd2dd3bd4b61985257528006ccf82/$FILE/Attachment%20J%20TNP%20Appendix%201.pdf And, with some exceptions, the smaller north section is bound ...
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Atlanta, Georgia
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 living within the city limits, it is the eighth most populous city in the Southeast and 38th most populous city in the United States according to the 2020 U.S. census. It is the core of the much larger Atlanta metropolitan area, which is home to more than 6.1 million people, making it the eighth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over above sea level, it features unique topography that includes rolling hills, lush greenery, and the most dense urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became the convergence point among several rai ...
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Wheaton Station (Washington Metro)
Wheaton station is a Washington Metro station in Montgomery County, Maryland on the Red Line. The station serves the suburb of Wheaton, and is located at the intersection of Georgia Avenue (Maryland Route 97) and Reedie Drive. The station contains escalators, which are the longest set of single-span escalators in the Western Hemisphere. Service at Wheaton began on September 22, 1990, and it was the northeastern end of the Red Line for nearly eight years, until the Glenmont station opened in July 1998. Notable place nearby * Westfield Wheaton (formerly Wheaton Plaza) Station layout Wheaton station features the longest set of single-span escalators in the Western Hemisphere, each featuring a length of , with a vertical rise of . Wheaton's escalators travel at a speed of per minute (±5%) and are set at an inclination of 30 degrees.Elevator/Escalator Department, WMATA. Reply to a customer inquiry, Case 580424. Answer forwarded by Helen B. Gregory, Customer Service, WMA ...
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Montgomery County, Maryland
Montgomery County is the most populous county in the state of Maryland. As of the 2020 census, the county's population was 1,062,061, increasing by 9.3% from 2010. The county seat and largest municipality is Rockville, although the census-designated place of Germantown is the most populous place within the county. Montgomery County, which adjoins Washington, D.C., is part of the Washington–Arlington–Alexandria, DC–VA–MD–WV metropolitan statistical area, which in turn forms part of the Baltimore–Washington combined statistical area. Most of the county's residents live in unincorporated locales, of which the most urban are Silver Spring and Bethesda, although the incorporated cities of Rockville and Gaithersburg are also large population centers, as are many smaller but significant places. The average household income in Montgomery County is among the highest in the United States. It has the highest percentage (29.2%) of residents over 25 years of age who hold po ...
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