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Jernigan Capital Completes Heitman Joint Venture with $75 Million Institutional Co-Investment

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MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) today announced that one of the largest and best respected public pension plans in the world has executed a co-investment agreement with an affiliate of Heitman Capital Management, LLC (“Heitman”) pursuant to which such co-investor has committed $75 million to the previously announced joint venture between the Company and the Heitman affiliate (the “Heitman Joint Venture”). With the commitment, the Heitman Joint


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