Great Ajax Corporation is a Real Estate Investment Trust (“REIT”) focused primarily on acquiring, investing in, and managing a portfolio of single-family re-performing and non-performing first-lien mortgage loans (“RPLs” and “NPLs”). NPLs are loans that have gone delinquent. RPLs are loans that have gone delinquent for a period of time and subsequently the borrower began making payments again. Often, this is a result of the mortgages being modified (principal reduction, interest reduction, etc.). Through a 144A offering anchored by Flexpoint Ford, Great Ajax initially raised $135 million of equity for this strategy. Great Ajax acquires its loans through a proprietary network of banks, brokers, funds, and government auctions. Simultaneously, Flexpoint Ford made separate investments in Thetis Asset Management and Gregory Funding, respectively the external manager and servicer of Great Ajax.
Steven L. Begleiter is a member of the Great Ajax Corporation’s Board of Directors.
Steven L. Begleiter is a member of the Great Ajax Corporation’s Board of Directors.
Location: United States, Oregon, Beaverton
Investors 1
| Date | Name | Website |
| - | Flexpoint ... | flexpointf... |
Mentions in press and media 5
| Date | Title | Description |
| 07.02.2025 | Franklin Templeton's Bold Move into Crypto ETFs: A New Era of Investment? | Franklin Templeton is making waves. The investment giant is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a new crypto index exchange-traded fund (ETF). This move comes at a time when the crypto market is... |
| 04.02.2025 | Rithm SPAC affiliate seeks to raise $200M for acquisition | A “blank check” special purpose acquisition company (SPAC) affiliated with asset manager Rithm Capital has filed paperwork with the Securities and Exchange Commission (SEC) to raise $200 million for an acquisition in the financial services ... |
| 27.09.2024 | Rithm Capital's Bold Move: A $395 Million Stock Offering Amid Market Uncertainty | Rithm Capital is making waves. The New York-based asset manager plans to offer up to 34.5 million shares of common stock. This move aims to raise approximately $395 million. The funds will be used for general corporate purposes. This includ... |
| 24.09.2024 | Rithm will publicly offer up to 34.5M shares of common stock | New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez, announced on Tuesday that it plans to raise money for “general corporate purposes” by selling up to 34.5 million shares of common stock to investors in a p... |
| 05.03.2021 | Great Ajax : Fourth Quarter 2020 Earnings Conference Call - Presentation | Fourth Quarter and Year‐End 2020 Investor Presentation March 4, 2021 Safe Harbor Disclosure We make forward‐looking statements in this presentation that are subject to risks and uncertainties. These forward‐looking statements include info... |