JERNIGAN CAPITAL, INC. ANNOUNCES SEPTEMBER AND CUMULATIVE INVESTMENT ACTIVITY

MEMPHIS – October 5, 2015 – Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced today its investment activity through September 30, 2015. Loans Closed since April 1, 2015:  $140M Term Sheets Signed: $150M Term Sheets Issued: $91M Loans in Underwriting: $50M Identified Projects for Future Underwriting: $328M   About Jernigan Capital, Inc. Jernigan Capital is a commercial real estate finance company that provides financing to private developers, owners and operators of self-storage facilities. Jernigan Capital offers financing solutions for the ground-up construction of self-storage facilities or major self-storage redevelopment opportunities, as well as for the acquisition of, refinancing of existing indebtedness on, or recapitalization of stabilized self-storage facilities. Jernigan Capital intends to elect to be taxed as a real estate investment trust and is externally managed by JCap Advisors, LLC.   Forward-Looking Statements   This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding our loan pipeline and anticipated loan closings in the third quarter and fourth quarter 2015 and beyond. The ultimate occurrence of events and results referenced in these forward-looking statements is subject to known and unknown risks and uncertainties, many of which are beyond our control. These forward-looking statements are based upon the Company’s present intentions and expectations, but the events and results referenced in these statements are not guaranteed to occur. Investors should not place undue reliance upon forward-looking statements. There is the risk that we will fail to successfully negotiate term sheets and enter into definitive agreements with respect to prospective loan transactions included in the pipeline described...