Press Releases

Jernigan Capital Announces Acquisition of 100% Ownership of Jacksonville and Atlanta Development Properties

February 5, 2018
Company

-Further Executes Long-Term Strategy to Own Developed Assets at Compelling Yields-

Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that it has acquired the membership interests of its developer partners in three self-storage facilities located in Fleming Island (Jacksonville MSA) Florida, Alpharetta (Atlanta MSA) Georgia and

Jernigan Capital Announces Date for Fourth Quarter 2017 Earnings Release and Conference Call

February 2, 2018
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three and twelve month periods ended December 31, 2017 on Wednesday, February 28, 2018 after the market close. The Company will host a webcast and conference call

Jernigan Capital, Inc. Announces Taxable Composition of 2017 Distributions

January 26, 2018
Jernigan Capital, Inc. (the “Company”) (NYSE: JCAP) announced today the taxable composition of its 2017 distributions paid to shareholders on its common stock. The amount of distribution referred to as return of capital is considered by US tax law to be a return of

Jernigan Capital, Inc. Announces Pricing of Public Offering of 7.00% Series B Cumulative Redeemable Perpetual Preferred Stock

January 19, 2018
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") today announced that it has priced an underwritten public offering of 1,500,000 shares of its newly designated 7.00% Series B cumulative redeemable perpetual preferred stock (the "Series B Preferred Stock") at a public

Jernigan Capital, Inc. Announces Commencement of Public Offering of Series B Cumulative Redeemable Perpetual Preferred Stock

January 18, 2018
Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") today announced that it has commenced an underwritten public offering of its newly designated Series B cumulative redeemable perpetual preferred stock (the "Series B Preferred Stock"). The Company expects to

Jernigan Capital Completes Record Investment Year

December 28, 2017
--Two Northeast Investments Bring Annual Total to $408.7 Million--
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

Jernigan Capital, Inc. Closes New Jersey Self-Storage Development

December 18, 2017
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

Jernigan Capital, Inc. Closes Boston Area Self-Storage Development

December 4, 2017
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

Jernigan Capital Closes $12.6 Million Investment in St. Paul, Minnesota

November 27, 2017
-Enters Dense, Rapidly-Growing and Underserved Submarket Between Minneapolis and St. Paul-
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-