Press Releases

  • 11/16/17
    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 sub-more...
  • 11/3/17
    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...
  • 11/1/17
    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 observations: “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 topmore...
  • 11/1/17
    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 2018. Highlights for the quarter include: Reported earnings per share and adjusted earnings per share of $0.29 and $0.35, respectivelymore...