MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) today announced results for the year
ended December 31, 2015 and reported on recent capital activities.
Closed $175.7 million of investment transactions during nine months
between IPO and year-end;
Created robust pipeline in excess of $600 million at March 7, 2016,
including $119.4 million subject to active term sheets;
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (the “Company”) (NYSE: JCAP) announced today it
will release financial results for the twelve months ended December 31,
2015 on Monday, March 7, 2016 after the market closes. The Company will
host a conference call for investors and other interested parties at
11:00 a.m. ET on Tuesday, March 8, 2016.
The conference call will be accessible by telephone and the Internet. To
access the call, participants from withinmore...
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (the “Company”) (NYSE: JCAP) announced today the
taxable composition of its 2015 distributions paid to shareholders on
its common stock. The amount of distribution referred to as return of
capital is considered by the Internal Revenue Service to be a return of
invested capital and is not currently taxable. This amount should be
applied to reduce the shareholders' tax cost basis of the related
shares. The compositionmore...
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) announced that its Board of
Directors declared a cash dividend of $0.35 per share of common stock
for the quarter ending December 31, 2015. The dividend is payable on
January 15, 2016 to stockholders of record on January 1, 2016.
About Jernigan Capital, Inc.
Jernigan Capital is a preferred capital source for self-storage
entrepreneurs, providing debt and equity capital to private developersmore...