A Memphis-based public company is continuing to execute on its long-term strategy with a recent property acquisition in New York.
Jernigan Capital Inc., which provides financing for self-storage developments across the United States, announced Dec. 26 it had “acquired the membership interest of its developer partner” in a newly completed self-storage development on Long Island. In other words, JCAP bought out its partner.
“This purchase, along with the six other developer buy-outs completed…
