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Great Ajax Corp T.AJX


Primary Symbol: AJX

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.


NYSE:AJX - Post by User

Post by stockgainson Nov 08, 2018 7:46am
85 Views
Post# 28942283

New headquarters - now in Arizona

New headquarters - now in ArizonaScottsdale, AZ, Nov. 08, 2018 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX), the Autosteering Company™, announced the relocation of its corporate headquarters from Hiawatha, Kansas to Scottsdale, Arizona. The move, effective immediately, is expected to add jobs in engineering, program management, finance and customer support. 

“Upon the sale of the Outback business, that included the Hiawatha facility where our corporate office resided, we decided that Arizona was the right fit for our new corporate headquarters,” said Dave Vaughn, AgJunction president and chief executive officer. “The decision to select Arizona as AgJunction’s new headquarters was based on the successful growth of our technology Center of Excellence in Scottsdale and the state’s focus on the autonomous and agriculture technology industries.” 

In April, AgJunction created two technology Centers of Excellence, with one based in Scottsdale, AZ, to accelerate innovation in developing low-cost, simple-to-use precision agriculture solutions for all farmers. 

“AgJunction is taking on a technological challenge to reduce cost and complexity of autosteering, the heart of precision agriculture,” said Brett McMickell, AgJunction senior vice president of global product development. “Arizona provides access to a technology-focused workforce, universities, and an innovative business ecosystem essential for the developing products that all farms can afford and operate.” 
Read more at https://www.stockhouse.com/news/press-releases/2018/11/08/agjunction-selects-arizona-for-new-corporate-headquarters#Mwoyk28hpPqJ86UO.99
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