Press Releases

Jernigan Capital, Inc. Announces New Investment in Atlanta, Georgia

January 19, 2017
Company
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that it has closed a $14.1 million ground-up development investment in Atlanta, Georgia. The proposed 92,935 net rentable square feet, 1,049 unit multi-story facility will provide state-of-the-art, all

Jernigan Capital, Inc. Announces New Investment in New York MSA

January 4, 2017
Company
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $16.1 million development investment in Bay Shore, New York. The project involves the conversion of an existing building into a 107,325 net rentable square feet, 1,191 unit multi-

Jernigan Capital, Inc. Announces New Investment in Raleigh

December 22, 2016
Company
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $8.9 million development investment in Raleigh, North Carolina. The investment was made through Storage Lenders I, LLC, the Company’s joint venture with Heitman Capital Management and

Jernigan Capital, Inc. Announces Opening of Newly-Developed Self-Storage Facility

December 19, 2016
Company
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that on December 16, 2016, the 649-unit multi-story climate-controlled self-storage facility in Northaven, CT, a submarket in the New Haven, CT MSA, in which the Company holds a $6.9 million investment

Jernigan Capital, Inc. Announces Pricing of Public Offering of Common Stock

December 8, 2016
Company
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

Jernigan Capital, Inc. Announces Commencement of Public Offering of Common Stock

December 7, 2016
Company
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,

Jernigan Capital, Inc. Announces New Investments in Jacksonville MSA and Orlando MSA

November 21, 2016
Company
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

Jernigan Capital Announces Dividend for Fourth Quarter 2016

November 3, 2016
Company
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

Jernigan Capital Announces $0.84 Earnings Per Share and $0.90 Adjusted Earnings Per Share For Third Quarter; Increases Annual Guidance

November 2, 2016
Company
Jernigan Capital, Inc. (NYSE: JCAP) today announced results for the quarter ended September 30, 2016, updated annual earnings guidance, and issued earnings guidance for the fourth quarter. Key highlights for the quarter include: Increased book value per