Press Releases

  • 6/21/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") today announced that it has commenced an underwritten public offering of 3,000,000 of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 450,000 of shares of common stock. The Company intends to use the net proceeds from the offering to fund its development portfolio and for general corporate purposesmore...
  • 6/19/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) who provides debt and equity capital to private developers, owners, and operators of self-storage facilities announced today that it has closed a $10.8 million self-storage development investment commitment in Baltimore, Maryland. The proposed 83,450 net rentable square feet, 993-unit multi-story climate controlled facility will be a conversion of a former textiles office and warehouse located on Washingtonmore...
  • 6/12/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) who provides debt and equity capital to private developers, owners, and operators of self-storage facilities announced today that it has closed a $10.3 million self-storage development investment commitment in St. Petersburg, Florida. The proposed $10.3 million multi-story climate-controlled 73,500 net rentable square foot, 811-unit facility will be a ground-up project located on 30th Ave. S between 34th St. Smore...
  • 5/22/17
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) who provides debt and equity capital to private developers, owners, and operators of self-storage facilities announced today that it has closed a $9.2 million self-storage development investment commitment in Tampa, Florida. The proposed 70,888 net rentable square foot facility will be well-located in an area of the Tampa MSA that is experiencing significant population growth. This will be a ground-up projectmore...