Jefferson Capital Interests (JCAP) Reports Q2 Loss Per Share of 20c

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Jernigan Capital Announces Results for the Quarter Ended June 30, 2015

August 11, 2015 4:15 PM EDT

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Jernigan Capital, Inc. (NYSE: JCAP) today announced results for the quarter ended June 30, 2015. Highlights include:

Completed $120 million initial public offering Closed $74.5 million of loan commitments during the quarter, deploying $22.4 million Generated > $500.0 million loan pipeline Added substantial management depth and streamlined operations Paid initial dividend of $0.35 per share

Our first quarter as a public company was marked by strong acceptance by self-storage developers of our loan products, as... More