There are 2 article(s) tagged self-storage industry:

• November 2020

  • 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.

    By Wayne Risher November 23, 2020

  • 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.

    By Wayne Risher November 09, 2020