Citybiz Interview with Brian Friedman, Founder of Friedman Capital

Brian Friedman is the CEO of BOA Acquisition Corp, a newly organized blank check company whose purpose is to pursue acquisition opportunities in PropTech and to find technological solutions to unlock real estate opportunities. Brian is also a partner at his namesake firm, Friedman Capital and the co-founder and managing partner of Foxhall Partners. In these roles Brian oversees the real estate investing practice and leads his firms in opportunistic, value-added, core-plus equity. The firms actively participate in debt investments in the Washington, D.C. metropolitan area, with a primary focus on urban and infill neighborhoods.

Currently Brian owns commercial, residential, retail, and/or hospitality properties in Charleston, South Florida, California, Washington D.C. and New Mexico. In addition, he develops lifestyle properties in senior housing and student housing sectors. Brian’s portfolio includes historic, iconic properties such as the Watergate offices and Line hotel in D.C., the Rosewood Inn of the Anasazi in Santa Fe, and Liberty Station in San Diego.

Brian acts as an Adjunct Professor at Georgetown University’s Master of Professional Studies program, where he teaches a course on development and construction project management. He is a member of the Pension Real Estate Association (PREA), the Urban Land Institute (ULI) and the International Council of Shopping Centers (ICSC). He is a founding board member of the Adams Morgan Youth Leadership Academy and serves on the Mind Matters committee at Washington Hebrew. Friedman also spends time volunteering at Iona Senior Services of Washington D.C. and is a non-practicing Certified Public Accountant. Brian Friedman received his B.S., M.A., and M.B.A. from the Kogod School at The American University.

Interview questions:

Introduction | Please provide an introduction to Friedman Capital

Milestones | Friedman Capital was founded in 2010. Can you provide some milestones since the launch?

The Line | Being that The Line is the project that solidified your presence in DC, can you tell me more about that purchase?

Projects 2021 | What are the projects that you are working on this year?

Brand Identity | Your portfolio includes a lot of historic buildings, can you tell me what attracts you to properties?

Market | What is your prediction on the hospitality and commercial real estate market? Will we ever be where we were pre-Covid?

Career | Your career included the CIA, KPMG and FMG. Tell us about your career and the decision to launch Friedman Capital. (Online site for pharmaceuticals while at American University, renting houses in Adams Morgan…)

Connect with Brian on LinkedIn

Friedman Capital: Friedman Capital is a Washington D.C. based, family-owned investment firm focused on control and significant growth capital investments in the North American Distribution and Healthcare Services industries. Friedman Capital also invests in select Real Estate opportunities.

Foxhall Partners: Organized in 2010, Foxhall Partners is a Washington, D.C.-based design-driven and community-oriented commercial real estate firm specializing in hospitality, retail, lifestyle rental apartments and mixed-use developments in select United States metropolitan markets. Foxhall’s Hospitality Group focuses on high design lifestyle hotels and participates in the restoration of properties in collaboration with outstanding partners in select United States markets. For more information, please visit www.FoxhallPartners.com.

BOA Acquisition Corp: BOA Acquisition Corp is a newly organized blank check company whose purpose is to pursue acquisition opportunities in PropTech. We are investors, operators and leaders in the real estate sector seeking to leverage our financial shared experience and in-depth knowledge to find technological solutions to solve problems. We deliver sector-specific expertise to unlock opportunities. Website http://www.boaacquisition.com.

Recent press release: Friedman Capital Acquires DC Hotel In Georgetown, The Graham Hotel