COVID-19 drives private takeover of Memphis self-storage company
Jernigan Capital was a publicly traded Memphis company on a path to grow in the self-storage industry before COVID-19. The pandemic slammed the stock and helped take it private.
There are 4 article(s) tagged Dean Jernigan:
Jernigan Capital was a publicly traded Memphis company on a path to grow in the self-storage industry before COVID-19. The pandemic slammed the stock and helped take it private.
Dean Jernigan founded Storage USA in Memphis in 1984 before selling it and now will become a consultant for his latest self-storage company that bears his name.
Good morning, it’s Wednesday, Dec. 18. Today, the federal government is expected to announce a new initiative for seven cities, one of them being Memphis.
Memphis-based, publicly traded Jernigan Capital has invested about $200 million in self-storage projects around the country this year and is in the early stage of a shift into acquisition and ownership of facilities it financed.
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