Jernigan Capital, Inc. announced the promotion of Ms. Kelly P. Luttrell to Senior Vice President, Chief Financial Officer and Treasurer, effective May 3, 2017. Ms. Luttrell will also serve as Senior Vice President, Chief Financial Officer and Treasurer of the company's advisor. Ms. Luttrell succeeds William C. Drummond, who will retire from the company.

Mr. Drummond will continue to serve as the company's Chief Financial Officer during the transition period, and thereafter has agreed to provide consulting services to the company's advisor into 2018. Ms. Luttrell has extensive public company experience and has served as the company's Corporate Controller since September 2015 and added the title Vice President of Financial Reporting in July 2016. Prior to joining the company, Ms. Luttrell served as Controller and Finance Director of MicroPort Orthopedics, Inc. Prior to joining MicroPort, Ms. Luttrell was in the audit practice at Ernst & Young for 11 years, where she served in a leadership role on numerous audit engagements for large publicly-traded clients, including clients in the REIT industry.