Image: Logo of BIA Philadelphia

BUILDING INDUSTRY ASSOCIATION of Philadelphia

News & Resources

BIA Celebrates Black History Month: Paul L. Badger, Jr.

Like many organizations in Philadelphia and around the country, the BIA has recognized the benefits of having a diverse membership and the need for more equity and inclusion. Several years ago, the Board of Directors amended our bylaws for the specific purpose of adding diversity to BIA’s governing body.

Last year, deep political discord and civil unrest highlighted inequities in the Black community and amplified the need for BIA to take action. We are grateful to have the candor and guidance of the Black members on the board to lead our efforts to foster equity and inclusion in the residential development and construction industry. We look to all of you to help us move this initiative forward over the coming months.

In celebration of Black History Month, our weekly feature on Black developers continues. This week, we are pleased to spotlight another BIA Board member, Paul Badger.

null

Paul L. Badger, Jr., The Badger Group, LLC

How did you get your start in real estate development?

My real estate career started shortly after I graduated from business school. I was working as a marketing director for Johnson & Johnson and began investing in real estate as a part-time venture. My mission was to improve our communities by supplying quality housing to deserving individuals in challenged neighborhoods. As my business grew, so did the demands on my time and effort. In 1996, I decided to follow my true passion, and The Badger Group was launched full time.

Which of your projects has meant the most to your career?

My current project at Broad and South Streets has meant the most to my career to date. It is a multi-phased, mixed-use project including residential, commercial, and entertainment components. Although in early design, the size and scope of the project are already providing exposure that will be an asset to other projects. In addition, it will offer a significant social component, which is something I strive to include in all my projects whenever possible.

What will it take for more Black developers to succeed in the real estate market?

Three primary things: access to deals, financial resources, and greater exposure to the industry. The most successful developers are those who have access to the best deals and the financial resources (debt/equity) to execute them. This often comes from long-term industry relationships which are sometimes multi-generational. Because Black developers have historically been underrepresented in our industry, they often lack the relationships and resources to be competitive. Early exposure to the industry and being afforded access to deals and capital are the keys to success.

Recent News

March 5, 2021
Marketing Talk, Straight Up: Millennials and the Multifamily Marketplace
March 1, 2021
Philadelphia’s Housing Market Moves from Red Hot to White Hot in Q4
February 27, 2021
BIA Celebrates Black History Month: Jordan Parisse-Ferrarini
February 25, 2021
BIA YP Speaker Series: Brian Emmons, Southern Land Company
February 20, 2021
BIA Celebrates Black History Month: Rick Young
February 13, 2021
BIA Celebrates Black History Month: Paul L. Badger, Jr.
February 6, 2021
BIA Celebrates Black History Month: Herb J. Reid III
February 5, 2021
Marketing Talk, Straight Up: Keys to Launching a Successful Real Estate Project
January 28, 2021
Philadelphia’s New Lead Disclosure & Certification Law Now in Effect
January 13, 2021
SillDry: The Future of Building Envelope Protection
December 13, 2020
Why BIA Supported the Abatement Bills AND the 1% Tax on Residential Development
December 10, 2020
PGW EnergySense Provides Cost-Saving Opportunities
November 19, 2020
Philadelphia’s Suburbs Surge Forward in Q3 while the City Pauses
October 31, 2020
Design Your Buildings for Safer Passage
October 26, 2020
Updated Philadelphia House Price Indices: 2020 Q3
October 8, 2020
It’s a wrap! 2020 Builders Conference a Virtual Success
September 17, 2020
Consumer Housing Trends in a Changing Market
September 13, 2020
Prevent Falls in Construction
September 6, 2020
L+I Issues Code Bulletin For Fire Watch
July 27, 2020
Preparing to Dig: Planning and Safety Tips for Construction Excavation in an Urban Environment
July 13, 2020
New Postal Guide for Builders and Developers
June 23, 2020
Building Affordable Now a Win-Win for Private Market Developers
June 21, 2020
eCLIPSE Q&A
June 16, 2020
Intro to L+I Audits & Investigations and more from the GA Committee

<

>