Memphis self-storage firm taken private by NexPoint

By , Daily Memphian Updated: November 09, 2020 2:21 PM CT | Published: November 09, 2020 2:21 PM CT

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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Topics

Jernigan Capital NexPoint Advisors Extra Space Storage self-storage industry
Wayne Risher

Wayne 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.


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