Jernigan Capital, Inc. Announces Agreement to Internalize External Manager MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (the “Company”) (NYSE: JCAP) today announced that it has executed a definitive asset purchase agreement with JCAP Advisors, LLC (“the Advisor”), the Company’s external advisor, in which Jernigan Capital Operating Company, LLC (the “Operating Company”), will acquire the business assets and liabilities of the Advisor, thereby internalizing the Advisor (the "Internalization" or the "Transaction"). Consideration to the Advisor will consist exc