The Radius+ Team" • 12 Jan 2021
Jay Fitzgerald • 14 Dec 2020
Extra Space Storage Exceeds Expectations in the Pandemic-Era
For Extra Space Storage, anticipated headwinds from the coronavirus pandemic have shifted to tailwinds.
John Egan
NexPoint Completes Acquisition of Jernigan Capital, Outlines Growth Plan for NexPoint Storage Platform
JCAP will change its corporate name to NexPoint Storage Partners and will do business under that name going forward.
The Radius+ Team
Extra Space Storage (EXR) Makes $300 Million Preferred Equity Investment in Jernigan Capital (JCAP)
Investment to provide a 10.7% yield and result in the addition of 37 stores to the Extra Space Storage Platform
Jernigan Capital to be Acquired by a NexPoint Advisors
The acquisition by Nexpoint is an an all-cash transaction valued at approximately $900 million.
Jernigan Capital Announces Acquisition of Developers’ Interests in Two Properties
JCAP further executes long-term strategy to wholly own JCAP-financed development projects.
Self Storage Lender NexPoint Real Estate Files for IPO
Before the IPO, the company plans to assemble a portfolio of commercial real estate loans, bonds, and investments.
Dean Jernigan Retires, Jernigan Capital Internalizes Advisor Group
Company will lower annual dividend 34% to reflect transition to an equity REIT
Christin Yates