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Jernigan Capital, Inc. Closes Sixth Self-Storage Development Investment with Programatic Developer

Business Wire Thursday, 12 October 2017 ()
Jernigan Capital, Inc. Closes Sixth Self-Storage Development Investment with Programatic DeveloperMEMPHIS, Tenn.--(BUSINESS WIRE)--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 propose
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