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Ellington Financial Acquires Great Ajax Corp.

Ellington Financial Acquires Great Ajax Corp.

by Phil Hall | Jul 3, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Ellington Financial Inc. (NYSE: EFC), an Old Greenwich, Connecticut-based real estate investment trust (REIT) focused on both residential and commercial mortgage loans, is acquiring Great Ajax Corp. (NYSE: AJX), a New York City-based REIT that invests primarily in...
Jared Kushner’s Father Makes Unsolicited Bid for New Jersey-Based REIT

Jared Kushner’s Father Makes Unsolicited Bid for New Jersey-Based REIT

by Phil Hall | Jun 28, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A company owned by Charles Kushner, the father of former President Donald Trump’s son-in-law and one-time political advisor Jared Kushner, has made an unsolicited offer to buy a real estate investment trust. K Corp Acquisitions LLC, owned by Charles Kushner, reached...
Guest Opinion: What are Income-Producing Farms and How Do They Work?

Guest Opinion: What are Income-Producing Farms and How Do They Work?

by Dutch Mendenhall | May 24, 2023 | Commercial Real Estate News, Guest Opinion, News/Current Events, Real Estate News, WRE News Exclusive

Recent years have seen a surge in interest in alternative asset classes for investment, as many investors shy away from the volatility of the stock market in search of other forms of investing that offer better — and perhaps safer — returns. Many alternative...
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