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.

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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