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Fourth Quarter 2016 Earnings Conference Call
Wednesday, March 1, 2017
5:00 PM ET
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.
We were incorporated in Maryland on January 30, 2014. We conduct substantially all of our business through our operating partnership, Great Ajax Operating Partnership LP, a wholly owned Delaware limited partnership, and its subsidiaries. We are the sole general partner of the operating partnership. We elect to be taxed as a REIT for federal income tax purposes, beginning with our taxable year ending December 31, 2014. Our qualification as a REIT will depend upon our ability to meet, on a continuing basis, various complex requirements under the Internal Revenue Code relating to, among other things, the sources of our gross income, the composition and values of our assets, our distribution levels and the diversity of ownership of our capital stock.
Contact InformationGreat Ajax Corp.
9400 SW Beaverton-Hillsdale Hwy
Beaverton, OR 97005