Press Releases

  • 12/8/16
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") today announced that it has priced an underwritten public offering of 2,650,000 shares of its common stock at a public offering price of $19.00 per share, for net proceeds, after the underwriting discount but before estimated expenses of the offering payable by the Company, of approximately $47.7 million. The offering is expected to close on December 13, 2016, subject to customarymore...
  • 12/7/16
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") today announced that it has commenced an underwritten public offering of $50,000,000 of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional $7,500,000 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...
  • 11/21/16
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that on November 17, 2016 it closed two new on-balance sheet development investments in the Jacksonville and Orlando, Florida MSAs. The Company made a $7.5 million investment commitment in a proposed 784 unit multi-story facility that will provide state-of-the-art, all climate-controlled storage in east Jacksonville, Florida. Construction of the facility is expected tomore...
  • 11/3/16
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) today announced that its Board of Directors declared a cash dividend of $0.35 per share of common stock for the quarter ending December 31, 2016. The dividend is payable on January 13, 2017 to stockholders of record on January 3, 2017. About Jernigan Capital, Inc. Jernigan Capital, Inc. is a New York Stock Exchange-listed real estate investment trust (NYSE: JCAP) that provides debt andmore...