Press Releases

  • 12/28/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed two investments in the Northeast, one in the Boston MSA and the other in Hackensack, New Jersey. The aggregate amount of the two investments is $26.2 million, bringing the Company’s total of 2017 investment commitments to $408.7 million, exceeding the Company’s previously announced expectations. The Boston-area project will be located in a submarketmore...
  • 12/18/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $10.6 million investment in a proposed multi-story, climate-controlled 836-unit facility in Dover, New Jersey, approximately 30 miles west of Manhattan, that will serve the communities of Dover, Rockaway, Mine Hill, and Wharton, among others. This is the Company’s second investment in the underserved northern New Jersey market. The proposed 78,425more...
  • 12/4/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $8.7 million investment in a proposed multi-story, climate-controlled 719 unit facility in Salem, NH, a growing suburb of Boston, MA. The proposed 74,625 net rentable square foot facility will be a ground-up, three-story project located at 10 Hampshire Road situated off of Broadway (Route 28) providing visibility to over 20,000 cars per daymore...
  • 11/27/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. [NYSE:JCAP] [the “Company”] announced today that it has closed a $12.6 million investment in a rapidly growing submarket in St. Paul Minnesota. The investment, a proposed all climate controlled self-storage project, will consist of a single five-story building with approximately 88,838 net rentable square feet. The ground floor will feature a convenient drive through component for customer ease and conveniencemore...