Press Releases

  • 8/2/17
    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 September 30, 2017. The dividend is payable on October 13, 2017 to stockholders of record on October 2, 2017. About Jernigan Capital, Inc. Jernigan Capital, Inc. is a New York Stock Exchange-listed real estate investment trust (NYSE:JCAP) thatmore...
  • 8/2/17
    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 June 30, 2017, issued earnings guidance for the third quarter of 2017, and adjusted earnings guidance for the full-year 2017. Highlights for the quarter include: Earnings per share and adjusted earnings per share of $0.50 and $0.55, respectively;more...
  • 7/28/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed an $8.0 million investment in a proposed multi-story climate-controlled 749 unit facility in Jacksonville, Florida. The proposed 68,700 net rentable square foot facility will be a ground-up project located on Edison Ave. and will be visible from both Interstates 10 and 95. The proposed facility, which is approximately a half mile from downtown Jacksonville,more...
  • 7/25/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has entered into a credit agreement for a secured revolving credit facility with a syndicate of banks led by KeyBank National Association and Raymond James Bank, N.A. The $100 million credit facility, which has an accordion feature permitting expansion up to $200 million, subject to certain conditions including obtaining additional commitments from lenders, will providemore...