Press Releases

Jernigan Capital Announces Dividend for Third Quarter 2017

August 2, 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 September 30, 2017. The dividend is payable on October 13, 2017 to stockholders of record on

Jernigan Capital Announces $0.50 Earnings Per Share and $0.55 Adjusted Earnings Per Share for Second Quarter 2017

August 2, 2017
Jernigan Capital, Inc. (NYSE:JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended June 30, 2017, issued earnings guidance for the third quarter of 2017, and adjusted earnings guidance for the full-year

Jernigan Capital, Inc. Closes Jacksonville Self-Storage Development Investment and Announces Opening of Three Newly-Developed Self-Storage Facilities

July 28, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed an $8.0 million investment in a proposed multi-story climate-controlled 749 unit facility in Jacksonville, Florida. The proposed 68,700 net rentable square foot facility will be a

Jernigan Capital, Inc. Closes New Credit Facility

July 25, 2017
- $100 Million Committed Amount, Expandable Up to $200 Million - - Provides Additional Lower-Cost Capital to Fund Robust Investment Pipeline -
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has entered into a credit agreement for a secured revolving credit facility with a syndicate of banks led by KeyBank National Association and Raymond James Bank, N.A. The $100 million credit

Jernigan Capital Announces Date for Second Quarter 2017 Results and Webcast

July 6, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three months and six months ended June 30, 2017 on Wednesday, August 2, 2017 after the market close. The Company will host a webcast and conference call for

Jernigan Capital, Inc. Closes Approximately $50 Million of New Self-Storage Development Investments

July 5, 2017
-Initial Investment Commitment in New York City- -Adds New Developer and Continues Programmatic Investing with Two Developers-
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed three new self-storage development investment commitments totaling $49.7 million as follows: $26.5 million in a proposed 40,593 net rentable square feet, 1,424-unit

Jernigan Capital Announces Closing of Public Offering of Common Stock, Including Full Exercise by Underwriters of Overallotment Option

June 27, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") today announced the closing of its previously announced offering of 3,500,000 shares of its common stock. In addition, the Company announced that the underwriters exercised in full their option to purchase an additional

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

June 22, 2017
Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") today announced that it has priced an underwritten public offering of 3,500,000 shares of its common stock, which was upsized from the previously announced offering of 3,000,000 shares of common stock, at a public

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

June 21, 2017
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") today announced that it has commenced an underwritten public offering of 3,000,000 of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 450,000 of