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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

Comment by dt_coreon Jul 29, 2021 10:23pm
111 Views
Post# 33630470

RE:RE:RE:AGCO conference - team looking for PA tech acquisitions

RE:RE:RE:AGCO conference - team looking for PA tech acquisitions Well if Raven was always considered to be a natural acquirer of AJX since their respective model compliment rather than compete with each other than it's reasonable to assume that combination would still make sense even if Raven is owned by AGCO. Having said that I think other OEM's and potentially some private equity firms could be interested in AJX BUT if we are about to get a significant lift in fundamentals then it's better to wait for better numbers before entertaining a sale.
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