 Jernigan Capital, Inc. NYSE: JCAP JCAP or the Company, an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced that it has entered into a definitive merger agreement with an affiliate of NexPoint Advisors, L.P. together NexPoint under which it will be acquired by NexPoint in an all-cash transaction valued at approximately 900 million, including debt and preferred stock to be assumed or refinanced the Merger Agreement. The agreement has been unanimously approved by the Companys Board of Directors. The transaction was recommended to the Companys Board of Directors by a Transaction Committee consisting of all directors other than Jim Dondero, founder and President of NexPoint established to evaluate the transaction. 