Jernigan Capital
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.
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.
NexPoint Advisors Announces $900M Merger
The company has agreed to acquire self storage owner and investor Jernigan Capital in an all-cash transaction.
Jernigan Capital Lands Expanded, Extended Credit Facility
The self-storage owner/lender’s new credit facility adds $140 million to its predecessor’s total value, more than a year to its maturity and three new banks to the lending syndicate, all while trimming credit spreads.
MCSS Development Sells 480 KSF Self Storage Portfolio
The company built the collection of five multi-story trophy properties between 2016 and 2018.
Jernigan Buys Stake in NY Self-Storage Facility
The REIT acquired its development partner’s interest in the 105,300-square-foot, multi-story facility at 1775 Fifth Ave. in Bay Shore, on Long Island.
Miami City Self Storage Expands SoFla Footprint
The company opened an 81,299-square-foot facility in Pembroke Park, Fla., which is the fourth asset that it owns in South Florida.
Jernigan Invests $83M in Miami Self-Storage Portfolio
The portfolio includes five Generation V self-storage facilities developed by Miami City Self-Storage. CubeSmart is the manager of each property.
Jernigan Continues Self-Storage Investment
The company has invested nearly $12 million in a proposed 813-unit storage facility in Minneapolis. The project is slated for completion by the second quarter of 2019.
Jernigan Brings Annual Investments to $409M
The company has closed the year with two investments totaling $26.2 million. The two facilities are located in the Northeast U.S., one near Boston and the other in Hackensack, N.J.