Memphis self-storage firm taken private by NexPoint
Extra Space Storage bought $300 million of Jernigan Capital preferred shares, gaining control of 37 properties as Jernigan was bought by private equity firm NexPoint Advisors.
Topics
Jernigan Capital NexPoint Advisors Extra Space Storage self-storage industryWayne Risher
Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.