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Great Ajax

Priced, NYSE: AJX

Recently-formed REIT focusing on re-performing and non-performing mortgages.

Industry: Financials

First Day Return: -1.8%

Great Ajax Corp. focuses primarily on acquiring, investing in and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences and, to a lesser extent, of single-family properties themselves. We also invest in loans secured by multi-family residential and commercial mixed use retail/residential properties, as well as in the properties directly. The multi-family and commercial mixed-use properties generally have loan values (of up to approximately $5 million.
IPO Data
IPO Date 02/13/2015
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $71
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Beaverton, OR, United States
Founded 2014
Employees at IPO 0
Website www.great-ajax.com

Great Ajax (AJX) Performance