Press Releases

Jernigan Capital, Inc. Announces Taxable Composition of 2018 Distributions

January 24, 2019
Jernigan Capital, Inc. (the “Company”) (NYSE:JCAP) announced today the taxable composition of its 2018 distributions paid to shareholders on its common stock and Series B preferred stock. The amount of distribution referred to as return of capital is considered by US tax

Jernigan Capital Upsizes Credit Facility to $235 Million, Extends Maturity and Adds Banks

January 2, 2019
Featured

-Provides Capital to Fund the Company’s Current Development Pipeline and Developer Buy-Outs-

Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced that on December 28, 2018, it entered into an amended and restated senior secured revolving credit facility of up to $235 million with a syndicate of banks led by KeyBank National Association, Raymond James

Jernigan Capital Announces Acquisition of Developer’s Interest in Recently Completed Self-Storage Property in New York MSA

December 26, 2018
Featured

Further Executes Long-Term Strategy to Wholly Own JCAP-Financed Development Projects in Top MSAs

Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has acquired the membership interest of its developer partner in a recently completed self-storage facility located at 1775 Fifth Avenue in Bay Shore, New York. The project is a 105,347 net

Jernigan Capital Adds Rebecca Owen and Randy Churchey to Board of Directors

December 6, 2018
Company
Jernigan Capital, Inc. (NYSE:JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced that Rebecca Owen and Randy Churchey will join the Company’s Board of Directors as independent members, effective immediately. With the additions of Ms. Owen and Mr. Churchey,

Jernigan Capital Announces Dividends for Fourth Quarter 2018

November 2, 2018
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 December 31, 2018. The dividend is payable on January 15, 2019 to stockholders of record on

Jernigan Capital Reports Third Quarter Earnings per Share and Adjusted Earnings per Share at Top End of Guidance Range

October 31, 2018
Jernigan Capital, Inc. (NYSE: JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended September 30, 2018, and reaffirmed earnings per share and adjusted earnings per share guidance for full-year 2018

Jernigan Capital Announces Promotions of John Good to Chief Executive Officer and Jonathan Perry to President and Chief Investment Officer

October 29, 2018

Dean Jernigan to Continue Serving Company as Executive Chairman

Jernigan Capital, Inc. (NYSE: JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced the promotions of John A. Good to Chief Executive Officer and Jonathan Perry to President and Chief Investment Officer. The promotions follow a two-

Jernigan Capital Announces Date for Third Quarter 2018 Earnings Release and Conference Call

October 9, 2018
Company
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three and nine months period ended September 30, 2018 on Wednesday, October 31, 2018 after the market close. The Company will host a webcast and conference call

Jernigan Capital Announces Dividends for Third Quarter 2018

August 2, 2018
Company
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, 2018. The dividend is payable on October 15, 2018 to stockholders of record on