Great Ajax Corp (NYSE:AJX) was established in 2014 and is headquartered in Beaverton, Oregon, USA. Its main business is the acquisition, investment and management of refinancing and non-performing mortgage loans guaranteed by family homes and family properties.
Great Ajax (AJX) Real Estate Investment Trust Company invests in non-performing loans guaranteed by single family assets/real estate, multi-family residential, commercial and residential retail, and residential property guarantees.
Great Ajax was established in Maryland on January 30, 2014, and all business is conducted through Great Ajax Operating Partnership LP , a wholly-owned subsidiary based in Delaware . In order to achieve reasonable tax avoidance, AJX strives to be certified as a real estate investment trust company, so it is generally not subject to federal corporate income tax if it distributes more than 90% of the tax payable to shareholders.
Great Ajax Corp (AJX) investment reference:
Great Ajax was listed on the New York Stock Exchange on February 14 , 2015 (the same day as BLPH ), with an issue price of US$ 14.25 per common share and a total share capital of 5 million shares.
Company official website: http://www.great-ajax.com/
Yahoo Finance: http://finance.yahoo.com/q?s=AJX
Encyclopedia of America: https://www.thisyear.com/ajx.html