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Rithm Capital, Great Ajax Enter Strategic Transaction; Great Ajax Enters One-year Term Loan Agreement With Subsidiary Of Rithm For Up To $70M

Author: Benzinga Newsdesk | February 26, 2024 05:58pm

Subject to the receipt of shareholder approval, Great Ajax will enter into a management agreement with an affiliate of Rithm to serve as its external manager. The transaction will enable Great Ajax to shift its strategic direction and capitalize on commercial real estate investment opportunities.

Posted In: AJX RITM


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