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Article: Thrift's New Role: Landlord; Chevy Chase Strives To Save Investments
- Article from:
- The Washington Post
- Article date:
- November 4, 1991
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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Nearly every weekend, banker B.F. Saul II makes the hour-long
drive from his home in Chevy Chase to a partly completed housing
development near Dulles International Airport to look for signs of
life.
Like a nervous mother, Saul skitters around the 3,500-acre
Cascades project in Loudoun County, listening in on sales pitches,
shadowing potential home buyers and even occasionally posing as a
customer himself-all in an attempt to better understand what
consumers want.
It may seem an odd role for the hard-boiled financier, who built
Chevy Chase Federal Savings Bank into the Washington area's largest