Press Releases

Jernigan Capital, Inc. Closes Initial Los Angeles Self-Storage Development Investment

September 14, 2017
-Partners with Seasoned Self-Storage Developer in Highly-Visible Project Near LA Stadium and Entertainment District at Hollywood Park-
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $28.7 million investment in a proposed multi-story, primarily climate-controlled self-storage facility in Inglewood, California. The proposed 120,038 net rentable square foot facility

Jernigan Capital, Inc. Comments on Impact of Hurricanes Irma and Harvey

September 13, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) commented today on the impact of Hurricanes Irma and Harvey on the Company’s projects in Florida and Texas. The Company’s four operating properties in the Tampa, Orlando and Jacksonville MSAs sustained

Jernigan Capital, Inc. Closes Development Investment in Orlando

August 30, 2017
Company
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $9.0 million investment in a proposed multi-story climate-controlled 779-unit facility in Orlando, Florida. The proposed 77,125 net rentable square foot facility will be a

Jernigan Capital Announces Dividend for Third Quarter 2017

August 2, 2017
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

Jernigan Capital Announces $0.50 Earnings Per Share and $0.55 Adjusted Earnings Per Share for Second Quarter 2017

August 2, 2017
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

Jernigan Capital, Inc. Closes Jacksonville Self-Storage Development Investment and Announces Opening of Three Newly-Developed Self-Storage Facilities

July 28, 2017
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

Jernigan Capital, Inc. Closes New Credit Facility

July 25, 2017
- $100 Million Committed Amount, Expandable Up to $200 Million - - Provides Additional Lower-Cost Capital to Fund Robust Investment Pipeline -
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

Jernigan Capital Announces Date for Second Quarter 2017 Results and Webcast

July 6, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three months and six months ended June 30, 2017 on Wednesday, August 2, 2017 after the market close. The Company will host a webcast and conference call for

Jernigan Capital, Inc. Closes Approximately $50 Million of New Self-Storage Development Investments

July 5, 2017
-Initial Investment Commitment in New York City- -Adds New Developer and Continues Programmatic Investing with Two Developers-
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed three new self-storage development investment commitments totaling $49.7 million as follows: $26.5 million in a proposed 40,593 net rentable square feet, 1,424-unit