Jay Bailey, president and CEO of the Atlanta-based Russell Innovation Center for Entrepreneurs, or RICE, is committed to championing Black entrepreneurs and creating unparalleled opportunities. Urban Land recently interviewed Bailey on the subject of how commercial real estate can be used to help close the racial wealth gap. Jay Bailey, president and CEO of the Atlanta-based Russell Innovation Center for Entrepreneurs, or RICE, is committed to championing Black entrepreneurs and creating unparalleled opportunities. Urban Land recently interviewed Bailey on the subject of how commercial real estate can be used to help close the racial wealth gap.