Great Ajax Corp T.AJX

Primary Symbol: AJX

Real Estate

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.

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Great Ajax Corp > Half way through the "Stay"

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Comment by dt_coreon Apr 13, 2021 10:54am

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Post# 32984753

RE:Half way through the "Stay"

My expectation is that nothing will come of the Stay. AJX is in a strong position and Ag Leader may simply want to drag out the process knowing it's going to end badly for them.

I'm hoping to hear something from AJX / Kubota regarding an OEM supply arrangement over the next few months.

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