Press Releases

  • 10/3/16
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that on September 28, 2016, the Company closed a $9.2 million development investment in Columbia, SC. The proposed 798 unit multi-story facility will provide state-of-the-art, all climate-controlled storage in the heart of downtown Columbia. Hallmark Self Storage, headquartered in Columbia, is the developer of the proposed project. This is the first self-storage development inmore...
  • 9/21/16
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that on September 20, 2016, the Company closed a $12.9 million on-balance sheet development investment in Charlotte, NC. The proposed 938 unit multi-story facility will provide state-of-the-art, all climate-controlled storage in the heart of downtown Charlotte. Pamlico Investments, Inc., headquartered in Charlotte and in Lakewood, Colorado, is the developer of the proposedmore...
  • 9/2/16
    MEMPHIS, Tennessee--(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 September 30, 2016. The dividend is payable on October 14, 2016 to stockholders of record on October 1, 2016. About Jernigan Capital, Inc. Jernigan Capital, Inc. is a New York Stock Exchange-listed real estate investment trust (NYSE: JCAP) that provides debt andmore...
  • 8/29/16
    MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that on August 25, 2016, the Company closed an $11 million development investment in Northglenn, CO, a submarket in the Denver MSA. This multi-story 879 unit facility with 86,657 net rentable square feet will provide state-of-the-art, all climate-controlled storage to a high-income underserved area of suburban Denver. The investment was made through Storage Lenders I, LLC, themore...