EBSCO Industries is restructuring its Real Estate platform into two strategic divisions: Community Development and Income-Producing Real Estate (IPRE), as part of its growth and expansion strategy.
To lead its IPRE division, EBSCO has appointed Jimmy Adams as CEO, where he will oversee multifamily investments, active adult partnerships, industrial ventures, and future income-generating real estate assets. Adams, a seasoned leader with over 20 years of industry experience, brings a strong track record in business development, having previously co-founded Stout Ventures and served as Executive Vice-Chair at Cushman & Wakefield.
“We are thrilled to welcome Jimmy Adams to EBSCO’s family of businesses,” said J. David Walker, President & CEO of EBSCO Industries. “His expertise and industry insight will drive innovation and growth in our income-producing real estate segment.”
Adams expressed his enthusiasm, saying, “I am honored and excited to join EBSCO Industries. I look forward to building on EBSCO’s foundation to help achieve its ambitious goals.”
Jay Page, who has significantly advanced EBSCO’s real estate investments since 2014, will now serve as CEO of Community Development. In this role, he will manage major projects such as Alys Beach, Lupin Beach, Lake Powell, Mt Laurel, and EBSCO Ecosystems, furthering EBSCO’s development initiatives.
With Adams and Page leading these two focused divisions, EBSCO aims to accelerate its growth in real estate, enhancing its diverse business portfolio and reinforcing its commitment to sustainable and profitable expansion.
About EBSCO Industries, Inc.
Founded in 1944, EBSCO Industries, Inc. has grown into a global company spanning multiple sectors, including Information Services, Outdoor Products, Real Estate, Manufacturing, and Business Services. Headquartered in Birmingham, Ala., EBSCO operates across 23 countries with over 4,500 employees. EBSCO Information Services remains the largest division, providing industry-leading library information resources and discovery services worldwide.
