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.
Topic: self-storage industry
RSSThere are 2 article(s) tagged self-storage industry:
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November 2020
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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.
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