Great Ajax Corp (AJX) Reports In-Line Q1 EPS
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Great Ajax Corp. Announces Results for the Quarter Ended March 31, 2019
May 7, 2019 4:05 PM EDTFirst Quarter Highlights
Purchased $7.2 million of re-performing mortgage loans ("RPLs") with an unpaid principal balance (UPB) of $8.5 million and underlying collateral values of $12.2 million; and acquired $17.8 million of small-balance commercial mortgage loans ("SBCs") with collateral values of $28.7 million Formed joint ventures that acquired $388.2 million in UPB of mortgage loans with collateral values of $671.7 million and retained $64.0 million of varying classes of related securities issued by the joint ventures to end the quarter with $182.9 million of investments in debt securities and beneficial interests Acquired one multi-family property for $2.3 million... More