Jernigan Capital Announces Results of Shareholder Vote and Completion of Internalization Transaction
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced that at the special meeting of stockholders held earlier today, the Company’s stockholders approved the previously announced internalization transaction (the “Internalization”). Shares representing approximately 76% of the Company outstanding stock voted at the special meeting, with approximately 99% of such shares voting FOR approval of the Internalization transaction. The Internalization transaction
Jernigan Capital Announces Results of Shareholder Vote and Completion of Internalization Transaction
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE: JCAP) (the “Company”) announced that at the special meeting of stockholders held earlier today, the Company’s stockholders approved the previously announced internalization transaction (the “Internalization”). Shares representing approximately 76% of the Company outstanding stock voted at the special meeting, with approximately 99% of such shares voting FOR approval of the Internalization transaction. The Internalization transaction