Extra Space Storage
From Jernigan Capital to NexPoint Storage
Former Jernigan Capital CEO John Good unveils plans and strategies for NexPoint’s new platform dedicated to self storage.
LSC Development Lands $60M Refi for New York Storage Assets
The four-year, non-recourse bridge loan encumbers three facilities encompassing nearly 312,000 square feet on Long Island.
Extra Space Storage Adds 37 Properties to Management Portfolio
The company invested $300 million in Jernigan Capital’s preferred stock and will assume management of its assets.
St. John Properties Opens 133 KSF Baltimore Storage Facility
Last year, Truist Bank provided a $21.5 million loan for the development of the fully climate-controlled property.
Extra Space Storage Acquires Suburban Tampa Asset
The property features 713 climate-controlled units spread across four buildings totaling 83,270 square feet.
Extra Space Storage Promotes 2 Executives
Samrat Sondhi will serve as chief marketing officer, while Matthew Herrington was promoted to chief operations officer.
CPE Announces the 2019 Executives of the Year
Now in its 23rd year, the CPE Executive of the Year Awards program is adjudicated by a peer vote among leading executives from across the commercial real estate industry and based on accomplishments in the past year. Here’s what made the winners stand out.
Virginia Storage Facility Receives $12M Financing
Working on behalf of Compson Development, Talonvest Capital arranged the loan to refinance a 599-unit storage property.
Hampshire Cos. Continues Self Storage Expansion
The company has started the redevelopment of a former industrial facility in Glen Cove, N.Y.
CREDE, Cornerstone Capital Open Florida Storage
The partnership has delivered a 661-unit facility in Fort Myers. Extra Space Storage is the manager of the asset.