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Jernigan Capital invests in north Jersey development

Published 12/18/2017, 07:12 AM
Updated 12/18/2017, 07:12 AM
© Reuters.  Jernigan Capital invests in north Jersey development
  • The proposed 836-unit, 78.4K square-foot self-storage facility is in Dover, about 30 miles west of Manhattan.
  • Jernigan (NYSE:JCAP) invested $10.6M, making this the company's 2nd investment in the "underserved" north Jersey market.
  • Construction is expected to begin in Q1, and be completed early in 2019. It's JCAP's fourth project with the developer, Structure Development.
  • Source: Press Release
  • Now read: Humpty Dumpty Sat On A Wall, This Net Lease REIT Had A Great Fall


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