Ipo

Jernigan Capital IPO Makes Big Moves in Self Storage

Jernigan Capital IPO Makes Big Moves in Self Storage

Jernigan Capital, founded by former CEO of CubeSmart and Storage USA, is aiming to refinance riskier loans and tendered $5 million in shares this week in a initial public offering (IPO). The mortgage based REIT is focused on lending to self storage facilities and at $19 - $21 per share, it is expected to raise about $100 million in…

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