(:JCAP)

Nov 06, 2020 04:15 pm ET
NexPoint Completes Acquisition of Jernigan Capital Inc.
Jernigan Capital, Inc. (NYSE: JCAP) announced today the completion of its previously announced acquisition by affiliates of NexPoint Advisors, L.P. (“NexPoint”), in an all-cash transaction valued at approximately $900 million, including debt and preferred stock to be assumed or refinanced. Pursuant to the transaction, holders of Jernigan’s common stock and holders of units of operating company interests in Jernigan Capital Operating Company, LLC are entitled to receive $17.30 per share/unit in cash. In connection with the transaction, all of Jernigan’s outstanding Series B preferred sha
Oct 26, 2020 06:20 pm ET
Jernigan Capital, Inc. Shareholders Approve Acquisition by Nexpoint
Jernigan Capital, Inc. (NYSE: JCAP) (“Jernigan” or the “Company”) announced that its shareholders approved the acquisition of Jernigan by affiliates of NexPoint Advisors, L.P. (“NexPoint”) at its special meeting of stockholders held earlier today. Shares representing approximately 77.67% of the Company outstanding stock voted at the special meeting, with approximately 97.65% of such shares voting FOR approval of the merger.
Sep 17, 2020 06:00 pm ET
Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Jernigan Capital, Inc. (JCAP)
Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:20-cv-07160 on behalf of shareholders of Jernigan Capital, Inc. (“Jernigan” or the “Company”) (NYSE:JCAP)...
Sep 16, 2020 02:31 pm ET
Bragar Eagel & Squire, P.C. Reminds Investors that it is Investigating the Boards of Directors of Rosetta Stone, Momenta, Jernigan, and Varian on behalf of Stockholders and Encourages Investors to Con
Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Rosetta Stone Inc. (NYSE: RST), Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA), Jernigan Capital, Inc. (NYSE: JCAP), and Varian...
Sep 16, 2020 01:17 pm ET
Lifshitz Law Firm, P.C. Announces Investigation of Cellular Biomedicine Group, Inc. (NASDAQ: CBMG), GCI Liberty, Inc. (NASDAQ: GLIBA), Jernigan Capital, Inc. (NYSE: JCAP), and Otelco Inc. (NASDAQ: OTE
Cellular Biomedicine Group, Inc. (NASDAQ: CBMG) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CBMG to members of CBMG management. If you are a CBMG...
Sep 01, 2020 07:40 pm ET
Lifshitz Law Firm, P.C. Announces Investigation of Cellular Biomedicine Group, Inc., GCI Liberty, Inc., Jernigan Capital, Inc., and NTN Buzztime, Inc.
Cellular Biomedicine Group, Inc. (NASDAQ: CBMG) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CBMG to members of CBMG management. If you are a CBMG investor, and would...
Sep 01, 2020 10:57 am ET
Moore Kuehn Encourages JCAP, BYFC, RST, and BMCH Investors to Contact Law Firm
Moore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders.  Moore Kuehn may ultimately seek...
Aug 20, 2020 02:03 pm ET
Lifshitz Law Firm, P.C. Announces Investigation of Jernigan Capital, Inc. (NYSE: JCAP, JCAP-PB), NTN Buzztime, Inc. (NYSE: NTN), Spring Bank Pharmaceuticals, Inc. (NASDAQ: SBPH), and Varian Medical Sy
Jernigan Capital, Inc. (NYSE: JCAP, JCAP-PB)Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of JCAP to an affiliate of NexPoint Advisors, L.P. Under the terms of the agreement,...
Aug 17, 2020 06:45 pm ET
MERGER ALERT - JCAP, VAR, and CBMG: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies
NEW YORK, NY / ACCESSWIRE / August 17, 2020 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
Aug 13, 2020 09:00 pm ET
PFNX, OTEL, JCAP, and VAR SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts
Rigrodsky & Long, P.A. announces that it is investigating: Pfenex Inc. (NYSE American: PFNX) regarding possible breaches of fiduciary duties and other violations of law related to Pfenex’s agreement to be acquired Ligand Pharmaceuticals...
Aug 11, 2020 11:55 am ET
MERGER ALERT - JCAP and VAR: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies
NEW YORK, NY / ACCESSWIRE / August 11, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:
Aug 07, 2020 08:00 am ET
Jernigan Capital Announces Dividends for Third Quarter 2020
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a cash dividend on the Series B Preferred Stock in the amount of $0.4375 per share for the quarter ending September 30, 2020. The dividend is payable on October 15, 2020 to holders of Series B Preferred Stock of record on October 1, 2020. The quarterly distribution represents an annualized dividend rate of $1.75 per share.
Aug 06, 2020 07:51 pm ET
JERNIGAN INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Jernigan Capital, Inc. - JCAP
NEW ORLEANS, Aug. 6, 2020 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Jernigan Capital, Inc. (NYSE: JCAP) to an affiliate of NexPoint Advisors, L.P.  Under the terms of the proposed transaction, shareholders of Jernigan will receive only $17.30 in cash for each share of Jernigan that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Aug 06, 2020 04:15 pm ET
Jernigan Capital Reports Second Quarter Results
Jernigan Capital, Inc. (NYSE: JCAP), an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended June 30, 2020.
Aug 04, 2020 07:01 am ET
(JCAP) Alert: Johnson Fistel Investigates Proposed Sale of Jernigan Capital; Is $17.30 a Fair Price?
SAN DIEGO, Aug. 4, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Jernigan Capital, Inc. ("Jernigan Capital" or the "Company") (NYSE:JCAP) breached their fiduciary duties in connection with the proposed sale of the Company to NexPoint Advisors, L.P. ("NexPoint"). 
Aug 03, 2020 08:50 pm ET
Aug 03, 2020 04:02 pm ET
JERNIGAN CAPITAL, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
Rigrodsky & Long, P.A. announces that it is investigating Jernigan Capital, Inc. (“Jernigan”) (NYSE: JCAP) regarding possible breaches of fiduciary duties and other violations of law related to Jernigan’s agreement to be acquired by an affiliate of...
Aug 03, 2020 02:27 pm ET
INVESTOR ALERT: Monteverde & Associates PC Announces an Investigation of Jernigan Capital, Inc. - JCAP
NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Jernigan Capital, Inc. ("JCAP" or the "Company") (NYSE: JCAP) relating to its sale to NexPoint Advisors, L.P. Under the terms of the agreement, JCAP shareholders will receive $17.30 in cash for each share of JCAP stock owned.
Aug 03, 2020 12:53 pm ET
JERNIGAN CAPITAL ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of JCAP and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Jernigan Capital, Inc. (NYSE: JCAP) breached their fiduciary duties or violated the federal securities laws in connection with the company’s merger with NexPoint Advisors, L.P.
Aug 03, 2020 11:38 am ET
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Jernigan Capital, Inc.
Rowley Law PLLC is investigating potential securities law violations by Jernigan Capital, Inc. (NYSE: JCAP) and its board of directors concerning the proposed acquisition of the company by NexPoint Advisors, L.P. Stockholders will receive $17.30 in cash for each share of Jernigan Capital stock that they hold. The transaction is valued at approximately $900 million and is expected to close in the fourth quarter of 2020.
Aug 03, 2020 11:38 am ET
Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Jernigan Capital, Inc. has obtained a Fair Price in its transaction with NexPoint
MILWAUKEE, Aug. 3, 2020 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Jernigan (NYSE: JCAP) for possible breaches of fiduciary duty and other violations of the law in connection with the sale to NexPoint.
Aug 03, 2020 08:00 am ET
Jernigan Capital to be Acquired by a NexPoint Advisors, L.P. Affiliate for $17.30 per Share in an All Cash Deal
Jernigan Capital, Inc. (NYSE: JCAP) (“JCAP” or the “Company”), an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced that it has entered into a definitive merger agreement with an affiliate of NexPoint Advisors, L.P. (together “NexPoint”) under which it will be acquired by NexPoint in an all-cash transaction valued at approximately $900 million, including debt and preferred stock to be assumed or refinanced (the “Merger Agreement”). The agreement has been unanimously approved by the Company’s Board of Directors. The transac
Jul 14, 2020 08:30 am ET
Jernigan Capital Announces Date for Second Quarter 2020 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three month and six month periods ended June 30, 2020 on Thursday, August 6, 2020 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 10:00 a.m. ET on Friday, August 7, 2020.
May 08, 2020 08:45 am ET
Jernigan Capital Announces Dividends for Second Quarter 2020
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a cash dividend of $0.23 per share of common stock for the quarter ending June 30, 2020. The dividend is payable on July 15, 2020 to stockholders of record on July 1, 2020. The quarterly distribution represents an annualized dividend rate of $0.92 per share.
May 07, 2020 04:10 pm ET
Jernigan Capital Reports First Quarter Results
Jernigan Capital, Inc. (NYSE: JCAP), an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended March 31, 2020.
Apr 17, 2020 05:03 pm ET
Jernigan Capital Announces Change to Virtual Format for 2020 Annual Meeting of Stockholders
Jernigan Capital, Inc. (NYSE: JCAP) announced today that, due to the ongoing COVID-19 pandemic and in order to continue to abide by social distancing orders issued by the City of Memphis and otherwise to protect the health and safety of employees, stockholders and the greater community, its 2020 Annual Meeting of Stockholders (the “Annual Meeting”) will change to an audio, virtual-only format. The date and time of the Annual Meeting will not change and will take place at 8:00 a.m. Central Daylight Time on April 28, 2020. There also is no change to the items of business to be addressed at the m
Apr 17, 2020 04:15 pm ET
Jernigan Capital Announces Date for First Quarter 2020 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three month period ended March 31, 2020 on Thursday, May 7, 2020 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 12:00 p.m. ET on Friday, May 8, 2020.
Mar 26, 2020 04:31 pm ET
Jernigan Capital Upsizes Credit Facility to $375 Million with Reduced Pricing, Extended Maturity and Additional Banks; Provides Liquidity and Business Updates
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced that on March 26, 2020, it entered into an amended and restated senior secured revolving credit facility of up to $375 million with a syndicate of banks led by KeyBank National Association and BMO Harris Bank N.A. The $375 million credit facility, which has an accordion feature permitting expansion up to $750 million, subject to certain conditions including obtaining additional commitments from lenders, has a three-year term that expires March 24, 2023 and two one-year extension options.
Feb 26, 2020 04:05 pm ET
Jernigan Capital Reports Fourth Quarter Results; Introduces 2020 Guidance
Jernigan Capital, Inc. (NYSE: JCAP), an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter and year ended December 31, 2019.
Feb 21, 2020 05:21 pm ET
Jernigan Capital Announces Dividends for First Quarter 2020
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a cash dividend of $0.23 per share of common stock for the quarter ending March 31, 2020. The dividend is payable on April 15, 2020 to stockholders of record on April 1, 2020. The quarterly distribution represents an annualized dividend rate of $0.92 per share.
Feb 20, 2020 04:10 pm ET
Jernigan Capital Announces Results of Shareholder Vote and Completion of Internalization Transaction
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced that at the special meeting of stockholders held earlier today, the Company’s stockholders approved the previously announced internalization transaction (the “Internalization”). Shares representing approximately 76% of the Company outstanding stock voted at the special meeting, with approximately 99% of such shares voting FOR approval of the Internalization transaction. The Internalization transaction closed shortly after such approval.
Feb 18, 2020 07:59 am ET
Jernigan Capital Announces Acquisition of Developers’ Interests in Two Properties
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that it has acquired the membership interests of its developer partners in two development investments on its balance sheet, including Boston 2 and Fort Lauderdale. These properties are both Generation V, multi-story facilities with a combined 157,150 net rentable square feet. The current weighted average physical occupancy of the facilities is 45.7%. Both of the properties are branded and managed by CubeSmart.
Feb 12, 2020 04:30 pm ET
Jernigan Capital Announces Acquisition of Developers’ Interests in Seven Properties
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that it has acquired the membership interests of its developer partners in six development investments on its balance sheet, including Atlanta 5, Atlanta 6, Atlanta 7, Charlotte 2, Knoxville, and Louisville 1. Additionally, in November, the SL1 Venture in which the Company has a 10% interest, purchased the membership units of the LLC that owned the Raleigh development. These seven properties are all Generation V, multi-story facilities with a combined 540,222 net of rentable square feet. The current weighted average physical o
Feb 05, 2020 05:11 pm ET
Jernigan Capital Announces the Date of Its Fourth Quarter 2019 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three and twelve month periods ended December 31, 2019 on Wednesday, February 26, 2020 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 11:00 a.m. ET on Thursday, February 27, 2020.
Jan 22, 2020 08:30 am ET
Jernigan Capital, Inc. Announces Taxable Composition of 2019 Distributions
Jernigan Capital, Inc. (the “Company”) (NYSE: JCAP) announced today the taxable composition of its 2019 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 law to be a return of invested capital and is not currently taxable to the extent of shareholder basis. Shareholders are advised to consult with their tax advisors with respect to the individual consequences of the distributions. The composition presented is applicable to all dividend distributions during 2019. The classifica
Dec 16, 2019 06:24 pm ET
Jernigan Capital, Inc. Announces Agreement to Internalize External Manager
Jernigan Capital, Inc. (the “Company”) (NYSE: JCAP) today announced that it has executed a definitive asset purchase agreement with JCAP Advisors, LLC (“the Advisor”), the Company’s external advisor, in which Jernigan Capital Operating Company, LLC (the “Operating Company”), will acquire the business assets and liabilities of the Advisor, thereby internalizing the Advisor (the "Internalization" or the "Transaction"). Consideration to the Advisor will consist exclusively of units of membership interests in the Operating Company (“OpCo Units”), which may be tendered for redemption one year after
Nov 08, 2019 07:00 am ET
Jernigan Capital To Be Added to the MSCI US REIT Index
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that it will be added to the MSCI US REIT Index (RMZ), effective as of the close of November 26, 2019.
Oct 31, 2019 08:00 am ET
Jernigan Capital Announces Dividends for Fourth Quarter 2019
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, 2019. The dividend is payable on January 15, 2020 to stockholders of record on January 2, 2020. The quarterly distribution represents an annualized dividend rate of $1.40 per share.
Oct 30, 2019 04:02 pm ET
Jernigan Capital Reports Third Quarter EPS and Adjusted EPS Above High End of Guidance Range; Tightens Full-Year EPS Guidance Range and Raises Full-Year Adjusted EPS Guidance Range
Jernigan Capital, Inc. (NYSE: JCAP), an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended September 30, 2019.
Oct 16, 2019 05:00 pm ET
Jernigan Capital Announces Date for Third Quarter 2019 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three and nine month periods ended September 30, 2019 on Wednesday, October 30, 2019 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 11:00 a.m. ET on Thursday, October 31, 2019.
Sep 17, 2019 04:15 pm ET
Jernigan Capital Announces Acquisition of Developers’ Interests in Six Properties and Other Business Updates
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that it has acquired the membership interests of its developer partners in the five self-storage facilities underlying its Miami bridge portfolio as well as its Jacksonville 2 development investment. These six properties are all Gen-V, multi-story facilities with a combined 437,343 net rentable square feet, located in strong submarkets in the Miami and Jacksonville MSAs. The current weighted average physical occupancy of the facilities is 73.6%, exceeding the Company’s average pro-forma physical occupancy at this stage of leas
Aug 02, 2019 08:30 am ET
Jernigan Capital Announces Dividends for Third Quarter 2019
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, 2019. The dividend is payable on October 15, 2019 to stockholders of record on October 1, 2019. The quarterly distribution represents an annualized dividend rate of $1.40 per share, which is the annual dividend rate that the Company has maintained since its IPO in 2015.
Jul 31, 2019 04:10 pm ET
Jernigan Capital Reports Second Quarter EPS and Adjusted EPS Above High End of Guidance Range, Raises Full-Year 2019 Adjusted EPS Guidance and Tightens Full-Year 2019 EPS Guidance Range
Jernigan Capital, Inc. (NYSE: JCAP), an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended June 30, 2019.
Jul 15, 2019 04:30 pm ET
Jernigan Capital Announces Date for Second Quarter 2019 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three and six month periods ended June 30, 2019 on Wednesday, July 31, 2019 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 11:00 a.m. ET on Thursday, August 1, 2019.
May 03, 2019 08:30 am ET
Jernigan Capital Announces Dividends for Second Quarter 2019
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 June 30, 2019. The dividend is payable on July 15, 2019 to stockholders of record on July 1, 2019. The quarterly distribution represents an annualized dividend rate of $1.40 per share, which is the annual dividend rate that the Company has maintained since is IPO in 2015.
May 01, 2019 04:01 pm ET
Jernigan Capital Reports First Quarter Earnings per Share and Adjusted Earnings per Share Above High End of Guidance Range
Jernigan Capital, Inc. (NYSE: JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended March 31, 2019.
Apr 12, 2019 08:30 am ET
Jernigan Capital Announces Date for First Quarter 2019 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three month period ended March 31, 2019 on Wednesday, May 1, 2019 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 8:00 a.m. ET on Thursday, May 2, 2019.
Apr 11, 2019 07:50 am ET
Report: Developing Opportunities within Floor & Decor, Carvana, Phibro Animal Health, Simulations Plus, Nature's Sunshine Products, and Jernigan Capital — Future Expectations, Projections Moving into
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Floor & Decor Holdings, Inc. (NYSE:FND), Carvana Co. (NYSE:CVNA),...
Apr 10, 2019 08:00 am ET
WillScot Corporation Announces Appointment of New Director
WillScot Corporation (NASDAQ: WSC) today announced the appointment of Rebecca L. Owen to its board of directors, effective April 9, 2019. Ms. Owen is the founder and chairperson of Battery Reef, LLC, a commercial real estate investment and...
Feb 28, 2019 01:17 pm ET
Jernigan Capital Announces Date for Fourth Quarter 2018 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three and twelve months period ended December 31, 2018 on Wednesday, February 27, 2019 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 11:00 a.m. ET on Thursday, February 28, 2019.
Feb 27, 2019 04:01 pm ET
Jernigan Capital Reports Full-Year Earnings per Share and Adjusted Earnings per Share Above Midpoint of Guidance Range; Introduces 2019 Guidance
Jernigan Capital, Inc. (NYSE: JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter and year ended December 31, 2018 and introduced earnings per share and adjusted earnings per share guidance for 2019.
Feb 22, 2019 04:30 pm ET
Jernigan Capital Announces Dividends for First Quarter 2019
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 March 31, 2019. The dividend is payable on April 15, 2019 to stockholders of record on April 1, 2019. The quarterly distribution represents an annualized dividend rate of $1.40 per share, which is the annual dividend rate that the Company has maintained since is IPO in 2015.
Feb 05, 2019 07:50 am ET
New Research Coverage Highlights Altria Group, Jernigan Capital, ProAssurance, Castle Brands, Citi Trends, and Digimarc — Consolidated Revenues, Company Growth, and Expectations for 2019
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Altria Group, Inc. (NYSE:MO), Jernigan Capital, Inc. (NYSE:JCAP),...
Jan 24, 2019 04:55 pm ET
Jernigan Capital, Inc. Announces Taxable Composition of 2018 Distributions
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 law to be a return of invested capital and is not currently taxable to the extent of shareholder basis. Shareholders are advised to consult with their tax advisors with respect to the individual consequences of the distributions. The composition presented is applicable to all
Jan 02, 2019 06:00 am ET
Jernigan Capital Upsizes Credit Facility to $235 Million, Extends Maturity and Adds Banks
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 Bank, N.A., and BMO Harris Bank N.A. The $235 million credit facility, which has an accordion feature permitting expansion up to $400 million, subject to certain conditions including obtaining additional commitments from lenders, has a three-year term that expires December 28, 2021
Dec 26, 2018 04:30 pm ET
Jernigan Capital Announces Acquisition of Developer’s Interest in Recently Completed Self-Storage Property in New York MSA
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 rentable square feet, multi-story, 100% climate-controlled facility ideally located in a dense, underserved submarket on Long Island. The facility, which opened for business on September 29, 2017, had a physical occupancy of approximately 56.5% as of December 21, 2018, exceeding the Co
Dec 06, 2018 04:59 pm ET
Jernigan Capital Adds Rebecca Owen and Randy Churchey to Board of Directors
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, the Board will expand to eight members.
Nov 07, 2018 08:45 am ET
Recent Analysis Shows MGM Growth Properties, LaSalle Hotel Properties, Hanesbrands, Independence Realty Trust, Jernigan Capital, and Norbord Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of MGM Growth Properties LLC (NYSE:MGP), LaSalle Hotel Properties...
Nov 02, 2018 03:41 pm ET
Jernigan Capital Announces Dividends for Fourth Quarter 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 January 2, 2019. The quarterly distribution represents an annualized dividend rate of $1.40 per share, which is the annual dividend rate that the Company has maintained since its IPO in 2015.
Oct 31, 2018 04:05 pm ET
Jernigan Capital Reports Third Quarter Earnings per Share and Adjusted Earnings per Share at Top End of Guidance Range
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.
Oct 29, 2018 04:05 pm ET
Jernigan Capital Announces Promotions of John Good to Chief Executive Officer and Jonathan Perry to President and Chief Investment Officer
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-year period of succession planning begun in October 2016 by Dean Jernigan, Founder, Chairman and Chief Executive Officer of the Company and concluding with the hiring of Mr. Perry as Executive Vice President and Chief Investment Officer in June 2018. Mr. Jernigan will continue as
Oct 09, 2018 04:05 pm ET
Jernigan Capital Announces Date for Third Quarter 2018 Earnings Release and Conference Call
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 for investors and other interested parties at 11:00 a.m. ET on Thursday, November 1, 2018.
Oct 09, 2018 08:40 am ET
Recent Analysis Shows H&E Equipment Services, Big Lots, Jernigan Capital, Consolidated Communications, Semgroup, and Extra Space Storage Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of H Equipment Services, Inc. (NASDAQ:HEES), Big Lots, Inc. (NYSE:BIG),...
Aug 02, 2018 08:30 am ET
Jernigan Capital Announces Dividends for Third Quarter 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 September 30, 2018. The dividend is payable on October 15, 2018 to stockholders of record on October 1, 2018. The quarterly distribution represents an annualized dividend rate of $1.40 per share, which is the annual dividend rate that the Company has maintained since its IPO in 2015.
Aug 02, 2018 08:30 am ET
New Research Coverage Highlights STARWOOD PROPERTY TRUST, INC, Carrols Restaurant Group, Extra Space Storage, Chemed, Craft Brew Alliance, and Jernigan Capital — Consolidated Revenues, Company Growth,
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of STARWOOD PROPERTY TRUST, INC. (NYSE:STWD), Carrols Restaurant Group, Inc....
Jul 31, 2018 04:05 pm ET
Jernigan Capital Reports Second Quarter Results Above Guidance Range with 24% YoY Growth in Net Income and 82% YoY Growth in Adjusted Earnings
Jernigan Capital, Inc. (NYSE: JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended June 30, 2018, initiated earnings per share and adjusted earnings per share guidance for the third quarter 2018 and adjusted its guidance for full year 2018 to reflect the June common stock offering, among other changes.
Jul 12, 2018 07:30 am ET
Jernigan Capital Announces Date for Second Quarter 2018 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three-month period ended June 30, 2018 on Tuesday, July 31, 2018 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 11:00 a.m. ET on Wednesday, August 1, 2018.
Jun 14, 2018 04:05 pm ET
Jernigan Capital, Inc. Announces Exercise of Option to Purchase Additional Shares and Closing of Public Offering of Common Stock
Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") today announced the closing of its previously announced offering of 4,600,000 shares of its common stock, including 600,000 shares issued pursuant to the exercise of the underwriters’ option to purchase additional shares in full, at a public offering price of $18.50 per share. The net proceeds from the offering, excluding estimated expenses payable by the Company and including the proceeds from the exercise of the underwriters’ option to purchase additional shares, are approximately $81.3 milli
Jun 12, 2018 08:56 am ET
Jernigan Capital, Inc. Announces Pricing of Public Offering of Common Stock
Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") today announced that it has priced an underwritten public offering of 4,000,000 shares of its common stock at a public offering price of $18.50 per share, for net proceeds, after the underwriting discount but before estimated expenses of the offering payable by the Company, of approximately $70.7 million.
Jun 11, 2018 04:38 pm ET
Jernigan Capital, Inc. Announces Commencement of Public Offering of Common Stock
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") today announced that it has commenced an underwritten public offering of 3,500,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 525,000 shares of common stock.
May 22, 2018 08:20 am ET
New Research: Key Drivers of Growth for EPAM, Jernigan Capital, Holly Energy Partners, ICU Medical, San Juan Basin Royalty Trust, and Equity Residential — Factors of Influence, Major Initiatives and S
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of EPAM Systems, Inc. (NYSE:EPAM), Jernigan Capital, Inc. (NYSE:JCAP), Holly...
May 14, 2018 07:00 am ET
Jernigan Capital Announces Addition of Jonathan Perry as Executive Vice President and Chief Investment Officer
Jernigan Capital, Inc. (NYSE:JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced that Jonathan Perry will join the Company on or about June 10, 2018 as Executive Vice President and Chief Investment Officer.
May 04, 2018 08:15 am ET
Jernigan Capital Announces Dividends for Second Quarter 2018
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.35 per share of common stock for the quarter ending June 30, 2018. The dividend is payable on July 13, 2018 to common stockholders of record on July 2, 2018. The quarterly distribution represents an annualized dividend rate of $1.40 per share, which is the annual dividend rate that the Company has maintained since its IPO in 2015.
May 02, 2018 04:20 pm ET
Jernigan Capital Reports Record First Quarter Results Above Guidance Range
Jernigan Capital, Inc. (NYSE:JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended March 31, 2018, initiated earnings per share and adjusted earnings per share guidance for the second quarter 2018 and reiterated its guidance for full year 2018.
Apr 18, 2018 07:00 am ET
Jernigan Capital Announces Date for First Quarter 2018 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three month period ended March 31, 2018 on Wednesday, May 2, 2018 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 11:00 a.m. ET on Thursday, May 3, 2018.
Mar 28, 2018 08:10 am ET
Recent Analysis Shows Welltower, Integer, Jernigan Capital, ZTO EXPRESS INC, Kala Pharmaceuticals, and Covenant Transportation Group Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, March 28, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Welltower Inc. (NYSE:WELL), Integer Holdings Corporation...
Mar 07, 2018 06:25 pm ET
Jernigan Capital, Inc. Announces Appointment of New Senior Vice President of Corporate Finance
Jernigan Capital, Inc. (the “Company”) (NYSE:JCAP) today announced the addition of David Corak as Senior Vice President, Corporate Finance, effective March 8, 2018.
Mar 05, 2018 07:30 am ET
Jernigan Capital, Inc. Closes Initial Bridge Loan
Jernigan Capital, Inc. (NYSE:JCAP) [the “Company”] announced today that it has closed its initial investment under its recently launched bridge lending program. The investment was an $83.3 million investment in a portfolio of five self-storage facilities in Miami developed by Miami City Self-Storage (“MCSS”).
Mar 01, 2018 04:47 pm ET
Jernigan Capital Announces Dividends for First Quarter 2018
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a pro rata cash dividend on its Series B Preferred Stock for the period from, and including, the original issue date of January 26, 2018, to, but excluding, April 13, 2018, in the amount of $0.37431 per share. The dividend is payable on April 13, 2018 to holders of Series B Preferred Stock of record on April 2, 2018.
Mar 01, 2018 04:47 pm ET
Jernigan Capital, Inc. to Present at the Raymond James 39th Annual Institutional Investors Conference and at the Citi 2018 Global Property CEO Conference
Jernigan Capital, Inc. [NYSE: JCAP] [the “Company”] announced today that Dean Jernigan, Chairman and Chief Executive Officer; John Good, President and Chief Operating Officer; and Kelly Luttrell, Senior Vice President, Chief Financial Officer and Treasurer, are scheduled to present at the Raymond James 39th Annual Institutional Investors Conference in Orlando, Florida, on Tuesday March 6, 2018 at 4:35 PM EST and at the Citi 2018 Global Property CEO Conference in Hollywood, Florida, on Wednesday, March 7, 2018 at 1:40 PM EST.
Feb 28, 2018 04:21 pm ET
Jernigan Capital Reports 2017 Earnings per Share of $1.10 and Adjusted Earnings per Share of $1.31
Jernigan Capital, Inc. (NYSE:JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter and year ended December 31, 2017 and initiated earnings per share and adjusted earnings per share guidance for the first quarter and full year 2018. Highlights include:
Feb 08, 2018 05:50 pm ET
Jernigan Capital, Inc. Closes $11.7 Million Investment in Minneapolis
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $11.7 million investment in a proposed conversion of an existing building into a multi-story climate controlled 813-unit self-storage project in Minneapolis, Minnesota.
Feb 05, 2018 06:15 pm ET
Jernigan Capital Announces Acquisition of 100% Ownership of Jacksonville and Atlanta Development Properties
Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today that it has acquired the membership interests of its developer partners in three self-storage facilities located in Fleming Island (Jacksonville MSA) Florida, Alpharetta (Atlanta MSA) Georgia and Marietta (Atlanta MSA) Georgia, respectively. All acquisitions were privately negotiated with the development partner without any marketing of the project. Following these acquisitions, the Company now has 100% ownership of four of its initial ten on-balance sheet development investment
Feb 02, 2018 04:15 pm ET
Jernigan Capital Announces Date for Fourth Quarter 2017 Earnings Release and Conference Call
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three and twelve month periods ended December 31, 2017 on Wednesday, February 28, 2018 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 11:00 a.m. ET on Thursday, March 1, 2018.
Jan 26, 2018 04:05 pm ET
Jernigan Capital, Inc. Announces Taxable Composition of 2017 Distributions
Jernigan Capital, Inc. (the “Company”) (NYSE: JCAP) announced today the taxable composition of its 2017 distributions paid to shareholders on its common stock. The amount of distribution referred to as return of capital is considered by US tax law to be a return of invested capital and is not currently taxable to the extent of shareholder basis. Shareholders are advised to consult with their tax advisors with respect to the individual consequences of the distributions. The composition presented is applicable to all dividend distributions during
Jan 25, 2018 07:55 am ET
Recent Analysis Shows TC PipeLines, LP, EPAM, Fortress Transportation and Infrastructure Investors, Jernigan Capital, Kraton, and Comtech Telecommunications Market Influences — Renewed Outlook, Key Dr
NEW YORK, Jan. 25, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of TC PipeLines, LP (NYSE:TCP), EPAM Systems,...
Jan 19, 2018 04:59 pm ET
Jernigan Capital, Inc. Announces Pricing of Public Offering of 7.00% Series B Cumulative Redeemable Perpetual Preferred Stock
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 offering price of $25.00 per share, for net proceeds, after the underwriting discount but before estimated expenses of the offering payable by the Company, of approximately $36.3 million.
Jan 18, 2018 08:43 am ET
Jernigan Capital, Inc. Announces Commencement of Public Offering of Series B Cumulative Redeemable Perpetual Preferred Stock
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").
Dec 28, 2017 05:57 pm ET
Jernigan Capital Completes Record Investment Year
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 total of 2017 investment commitments to $408.7 million, exceeding the Company’s previously announced expectations.
Dec 18, 2017 07:00 am ET
Jernigan Capital, Inc. Closes New Jersey Self-Storage Development
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 communities of Dover, Rockaway, Mine Hill, and Wharton, among others. This is the Company’s second investment in the underserved northern New Jersey market.
Dec 04, 2017 04:15 pm ET
Jernigan Capital, Inc. Closes Boston Area Self-Storage Development
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.
Nov 27, 2017 07:00 am ET
Jernigan Capital Closes $12.6 Million Investment in St. Paul, Minnesota
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-story building with approximately 88,838 net rentable square feet. The ground floor will feature a convenient drive through component for customer ease and convenience.
Nov 16, 2017 06:01 pm ET
Jernigan Capital Closes $20.1 Million Investment in Miami
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 rentable square feet.
Nov 03, 2017 04:15 pm ET
Jernigan Capital Announces Dividend for Fourth Quarter 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 January 2, 2018.
Nov 01, 2017 04:16 pm ET
Jernigan Capital Provides Commentary on New Self-Storage Supply
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:
Nov 01, 2017 04:15 pm ET
Jernigan Capital Announces $0.29 Earnings Per Share and $0.35 Adjusted Earnings Per Share for Third Quarter 2017
Jernigan Capital, Inc. (NYSE:JCAP), a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended September 30, 2017, and provided fourth quarter and updated full-year 2017 guidance along with preliminary expectations for 2018.
Oct 31, 2017 04:15 pm ET
Jernigan Capital, Inc. Closes $14.7 Million Investment in Northern New Jersey
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that it has closed a $14.7 million investment in North Bergen, New Jersey. The investment, a proposed all climate controlled self-storage project, will consist of a single seven-story all climate controlled building with approximately 68,000 net rentable square feet.
Oct 12, 2017 04:20 pm ET
Jernigan Capital, Inc. Closes Sixth Self-Storage Development Investment with Programatic Developer
Jernigan Capital, Inc. [NYSE: JCAP] [the “Company”] announced today that it has closed a $9.4 million investment in a proposed all climate controlled self-storage project in Oakland Park/North Fort Lauderdale, FL. The proposed project will consist of a single five-story all climate controlled building with approximately 58,000 net rentable square feet. Self Storage Associates, Inc./Richard Beavers, headquartered in Ocoee, Florida, is the developer of the proposed project. The Company and Self Storage Associates have co-invested in five other sel
Oct 12, 2017 07:00 am ET
Jernigan Capital Announces Date for Third Quarter 2017 Results and Webcast
Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today it will release financial results for the three months and nine months ended September 30, 2017 on Wednesday, November 1, 2017 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 10:00 a.m. ET on Thursday, November 2, 2017.

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