Jernigan Capital, Inc. (NYSE:JCAP) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
On August 2, 2017, Jernigan Capital, Inc. (“the Company”) issued a press release announcing its financial position as of June 30, 2017, results of operations for the three and six month periods ended June 30, 2017, and other related information. Also onAugust 2, 2017, the Company made available on its website at www.jernigancapital.com certain supplemental information concerning the Company’s financial results and operations for the three and six months endedJune 30, 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 2.02. | Regulation FD Disclosure |
The disclosure contained in Item 2.02 is incorporated herein by reference.
| Item 2.02 | Financial Statements and Exhibits |
| Exhibit No. | Description |
| 99.1 | Press release dated August 2, 2017 |
| 99.2 | Jernigan Capital, Inc. Second Quarter 2017 Supplemental Information |
Jernigan Capital, Inc. ExhibitEX-99.1 2 v472069_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 JERNIGAN CAPITAL ANNOUNCES $0.50 EARNINGS PER SHARE AND $0.55 ADJUSTED EARNINGS PER SHARE FOR SECOND QUARTER 2017 MEMPHIS,…To view the full exhibit click here
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.
