Press Releases

  • 9/18/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $14.7 million investment commitment in a proposed multi-story, all climate-controlled self-storage facility in Miami, Florida. The proposed 69,175 net rentable square foot facility will be a ground-up project located at 4250 S.W. 8th Street in Miami. The proposed facility, located in the Little Gables neighborhood between Miami and Coral Gables, will serve amore...
  • 9/14/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $28.7 million investment in a proposed multi-story, primarily climate-controlled self-storage facility in Inglewood, California. The proposed 120,038 net rentable square foot facility will be a ground-up project located on W. Hyde Park Blvd. situated along the 405 Freeway providing “billboard” visibility to nearly 300,000 cars per day, in addition to beingmore...
  • 9/13/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) commented today on the impact of Hurricanes Irma and Harvey on the Company’s projects in Florida and Texas. The Company’s four operating properties in the Tampa, Orlando and Jacksonville MSAs sustained minimal damage and have reopened for business. The Company has three projects in Miami/Ft. Lauderdale under construction that incurred minimal damage. The resumption of work ismore...
  • 8/30/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $9.0 million investment in a proposed multi-story climate-controlled 779-unit facility in Orlando, Florida. The proposed 77,125 net rentable square foot facility will be a ground-up project located on 9001 Eastmar Commons Orlando, FL, visible to 33,000 cars per day from highways 408 and 417 in a rapidly growing area of the Orlando MSA. Within twomore...