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About
Great Ajax Corp. acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. It holds real-estate owned (REO) properties acquired upon the foreclosure, other settlement of our owned non-performing loans, or that we acquire in the market. The company was incorporated on January 30, 2014 and is headquartered in Beaverton, OR. | |||
Description
Great Ajax Corp. acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. It also holds real estate-owned properties, such as single-family homes and smaller commercial properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was founded in 2014 and is headquartered in Beaverton, Oregon. | |||
