Press Releases

Jernigan Capital, Inc. Announces Pricing of Public Offering of 7.00% Series B Cumulative Redeemable Perpetual Preferred Stock

January 19, 2018
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") today announced that it has priced an underwritten public offering of 1,500,000 shares of its newly designated 7.00% Series B cumulative redeemable perpetual preferred stock (the "Series B Preferred Stock") at a public

Jernigan Capital, Inc. Announces Commencement of Public Offering of Series B Cumulative Redeemable Perpetual Preferred Stock

January 18, 2018
Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") today announced that it has commenced an underwritten public offering of its newly designated Series B cumulative redeemable perpetual preferred stock (the "Series B Preferred Stock"). The Company expects to

Jernigan Capital Completes Record Investment Year

December 28, 2017
--Two Northeast Investments Bring Annual Total to $408.7 Million--
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed two investments in the Northeast, one in the Boston MSA and the other in Hackensack, New Jersey. The aggregate amount of the two investments is $26.2 million, bringing the Company’s

Jernigan Capital, Inc. Closes New Jersey Self-Storage Development

December 18, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $10.6 million investment in a proposed multi-story, climate-controlled 836-unit facility in Dover, New Jersey, approximately 30 miles west of Manhattan, that will serve the

Jernigan Capital, Inc. Closes Boston Area Self-Storage Development

December 4, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $8.7 million investment in a proposed multi-story, climate-controlled 719 unit facility in Salem, NH, a growing suburb of Boston, MA. The proposed 74,625 net rentable

Jernigan Capital Closes $12.6 Million Investment in St. Paul, Minnesota

November 27, 2017
-Enters Dense, Rapidly-Growing and Underserved Submarket Between Minneapolis and St. Paul-
Jernigan Capital, Inc. [NYSE:JCAP] [the “Company”] announced today that it has closed a $12.6 million investment in a rapidly growing submarket in St. Paul Minnesota. The investment, a proposed all climate controlled self-storage project, will consist of a single five-

Jernigan Capital Closes $20.1 Million Investment in Miami

November 16, 2017
—High visibility location in densely populated, underserved sub-market—
Jernigan Capital, Inc. [NYSE:JCAP] [the “Company”] announced today that it has closed a $20.1 million investment in Miami, Florida. The proposed all climate controlled self-storage project will consist of a single eight-story building with approximately 96,295 net

Jernigan Capital Announces Dividend for Fourth Quarter 2017

November 3, 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 December 31, 2017. The dividend is payable on January 12, 2018 to stockholders of record on

Jernigan Capital Provides Commentary on New Self-Storage Supply

November 1, 2017
—Believes Self-Storage Sector Headed for Soft Landing—
Jernigan Capital, Inc. (NYSE:JCAP) today provided commentary on growth in self-storage supply in the top 50 US MSAs. John A. Good, the Company’s President and Chief Operating Officer, made the following observations: “Based on US Census Bureau data,