MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. [NYSE:JCAP] [the “Company”] announced today that
it has closed a $20.1 million investment in Miami, Florida. The proposed
all climate controlled self-storage project will consist of a single
eight-story building with approximately 96,295 net rentable square feet.
The project will be constructed in the Little Havana section of Miami on
NW 27th Street, between the Dolphin Expressway and Tamiami Trail. This
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that
its Board of Directors declared a cash dividend of $0.35 per share of
common stock for the quarter ending December 31, 2017. The dividend is
payable on January 12, 2018 to stockholders of record on January 2, 2018.
About Jernigan Capital, Inc.
Jernigan Capital, Inc. is a New York Stock Exchange-listed real estate
investment trust (NYSE: JCAP) thatmore...
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) today provided commentary on growth
in self-storage supply in the top 50 US MSAs. John A. Good, the
Company’s President and Chief Operating Officer, made the following
“Based on US Census Bureau data, between 2010 and the end of 2014,
estimates are that between 250 and 285 new self-storage facilities (17.5
million to 20.0 million net rentable square feet) were delivered in the
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP), a leading capital partner for
self-storage entrepreneurs nationwide, today announced results for the
quarter ended September 30, 2017, and provided fourth quarter and
updated full-year 2017 guidance along with preliminary expectations for
Highlights for the quarter include:
Reported earnings per share and adjusted earnings per share of $0.29
and $0.35, respectivelymore...