MBJ: Jernigan has ‘transformational’ quarter, $800 million in prospective projects
A relatively new addition to the Memphis-based public companies list, Jernigan Capital Inc. announced fourth quarter 2016 results that were “transformational.”
In its year-end and Q4 2016 report — released March 2017 — Dean Jernigan, chairman and CEO of Jernigan Capital said ithat Q4 was a “transformational” one for the company. Jernigan Capital is a capital partner for self-storage entrepreneurs across the U.S.
Jernigan was founded in 2013 and announced in August 2015 that it would move its headquarters to Memphis. Prior to that, the company was based in Miami, Florida, with an additional office in Memphis.
According to the report, Jernigan’s current pipeline includes more than $800 million in prospective projects in different stages of underwriting.