Bailey is the founder of Morris Bailey Enterprises and its affiliate, JEMB Realty Corporation (“JEMB”), a real estate development, investment and management organization based in New York City.
Through his leadership and strong strategic vision, Mr. Bailey has established a long track record of successful business ventures. Over the last 40 years, Mr. Bailey has made a significant mark as an entrepreneur across a number of enterprises creating a portfolio of balanced investments that include food service, commodities, technology and commercial real estate. Through Morris Bailey Enterprises, JEMB, and BUSAC, the Bailey family of companies have emerged as major players in the commercial real estate sector in both the US and Canada. Together with BUSAC, JEMB’s Montreal based affiliate, the platform owns and operates a high quality portfolio of office, retail, and multifamily properties totaling more than 8 million sq. ft. throughout North America. Mr. Bailey, along with his partner, Joseph Jerome have built a solid reputation as “hands on” Sponsors that understand value creation through the development and repositioning of real estate assets. Mr. Bailey’s holdings in commercial real estate is comprised of a variety of high profile assets that bear witness to the organization’s stability and determination to distinguish itself in the marketplace. Over the years, Mr. Bailey has built successful partnerships in their Canadian and American real estate assets with many major institutional investors and pension funds. Mr. Bailey and Mr. Jerome have acquired, through affiliated entities, a wide variety of real estate projects in the United States and Canada that include office, retail, multifamily and hotel properties. The Canadian assets are operated and managed by BUSAC, which has rapidly become one of Quebec’s pre-eminent business real estate companies with a portfolio totaling more than 3.5 million square feet of rental space in Montreal only. The Bailey Group is also very active in the Energy sector, through its investment in Astoria Energy Plant and other energy related opportunities.
Mr. Bailey continues to seek new and innovative business challenges and investment opportunities across North America and has most recently entered the debt investment arena through founding Basis in partnership with Tammy K. Jones.more » « less