Great Ajax Corp is an externally managed real estate investment trust (REIT) that acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. We also invest in loans secured by multi-family residential and commercial mixed use retail/residential properties. In addition, we hold real-estate owned (REO) properties acquired upon the foreclosure, other settlement of our owned non-performing loans, or that we acquire in the market. These are principally single-family homes, although we also own smaller commercial properties. We opportunistically determine whether to sell any REO asset, sometimes offering mortgage financing to the purchaser, or to hold the REO as a rental property. We believe that our tailored approach to each asset we acquire will generate attractive risk-adjusted returns for our stockholders over the long term through dividends and capital appreciation.
Performance Details
1 Year Return
-27.78%
2 year return
-31.65%
3 year return
-33.89%
5 year return
-20.88%
10 year return
N/A
Market Cap
$122 M
Dividend Yield
7.87%
Dividend Amount
$0.06
Ex-Dividend Date
2024-08-15
Last updated: Nov. 7 2024
Corporate Information
Nareit member since
2019
Address
C/O Rithm Capital Corp.
799 Broadway, 8th Floor
New York, NY 10003
United States
Company Contacts
Lawrence Mendelsohn
CEO
Russell Schaub
President
Mary Doyle
CFO
Brauhn Doud, Heidi Huch, Thuat To
Investor Relations