Jernigan Capital, Inc. (NYSE:JCAP) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
|
Results of Operations and Financial Condition. |
On May 3, 2017, the Company issued a press release announcing its
financial position as of March 31, 2017, results of operations
for the three month period ended March 31, 2017, and other
related information. Also onMay 3, 2017, the Company made
available on its website at www.jernigancapital.com certain
supplemental information concerning the Companys financial
results and operations for the three months endedMarch 31,
2017.Copies of such press release and supplemental information
are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to
this Current Report on Form 8-K and are incorporated herein by
reference.
In accordance with General Instructions B.2 and B.6 of Form 8-K,
the information included in this Current Report on Form 8-K,
including Exhibit 99.1 and Exhibit 99.2 hereto, shall not be
deemed filed for purposes of Section18 of the Securities Exchange
Act of 1934, as amended (the Exchange Act), or otherwise subject
to the liabilities of that section, nor shall it be deemed
incorporated by reference into any filing made by the Company
under the Exchange Act or Securities Act of 1933, as amended,
except as shall be expressly set forth by specific reference in
such a filing.
| Item 7.01. | Regulation FD Disclosure |
The disclosure contained in Item2.02 is incorporated herein by
reference.
| Item 9.01 | Financial Statements and Exhibits |
| (d) Exhibits. | ||
| Exhibit No. | Description | |
| 99.1 | Press release dated May 3, 2017 | |
| 99.2 |
Jernigan Capital, Inc. First Quarter 2017 Supplemental Information |
About Jernigan Capital, Inc. (NYSE:JCAP)
Jernigan Capital, Inc. is a commercial real estate finance company. The Company provides capital to private developers, owners and operators of self-storage facilities. It intends to generate long-term returns on development property investments through a fixed rate of interest on its invested capital together with an interest in the positive cash flows of the self-storage development from operations, sales and/or refinancings. It generates cash flows from construction loans and operating property loans in the form of a fixed interest rate and origination fees. It originates various loans, such as bridge loans and credit lines. It has development property investments in Orlando, Atlanta, Tampa, Chicago and Miami. Its operating property loans are located in New Orleans, Newark, Nashville, Sacramento and Chicago. The Company conducts its investment activities through Jernigan Capital Operating Company, LLC. The Company is externally managed and advised by JCap Advisors, LLC. Jernigan Capital, Inc. (NYSE:JCAP) Recent Trading Information
Jernigan Capital, Inc. (NYSE:JCAP) closed its last trading session down -0.37 at 22.59 with 95,910 shares trading hands.
