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Great Ajax Corp. (AJX)

NYSE - NYSE Delayed Price. Currency in USD
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9.57-0.34 (-3.43%)
At close: 04:00PM EDT

Great Ajax Corp.

13190 SW 68th Parkway
Suite 201
Tigard, OR 97223
United States
503 505 5670
https://www.greatajax.com

Sector(s)Real Estate
IndustryREIT—Mortgage
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Lawrence A. MendelsohnChairman & CEON/AN/A1961
Mr. Russell A. SchaubPres & DirectorN/AN/A1964
Ms. Mary B. Doyle CPAChief Financial Officer600kN/A1964
Lauren DeMasiSec.N/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it acquires and originates small balance commercial loans (SBC) secured by multi-family residential and commercial mixed-use retail/residential properties; and invests in single-family and smaller commercial properties through a foreclosure event of a loan or a direct acquisition. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon.

Corporate Governance

Great Ajax Corp.’s ISS Governance QualityScore as of June 1, 2022 is 7. The pillar scores are Audit: 9; Board: 8; Shareholder Rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.