Real Estate 2023: FRANK ‘BUDDY’ GADAMS
FOUNDER AND PRESIDENT, MARATHON DEVELOPMENT GROUP, NORFOLK
Gadams and his firm are known for their commercial and residential projects, but he has also led community-based projects like the restoration of the Suffolk Center for Cultural Arts.
Gadams founded Marathon in 2000. He is also one of the founders of the YPO (formerly Young Presidents’ Organization) Virginia Chapter.
A Downtown Norfolk Council member, Marathon focuses on the historic restoration of landmark buildings. Notable projects the firm has repurposed into apartments in Norfolk include The Rockefeller (formerly the Union Mission building), Icon Norfolk (formerly the Bank of America building) and Savoy Apartments (formerly the Hotel Savoy).
An investor and member of the board of directors for ReAlta Life Sciences, a clinical-stage biotech company, Gadams also serves on boards for the Benedictine Schools of Richmond and the Slover Library Foundation. He volunteers for Saint Patrick Catholic School.
Gadams is a marathon runner who has competed in more than 25 races, including a 150-mile ultramarathon through the Sahara Desert. He holds a bachelor’s degree in finance from James Madison University.