As an investment vehicle, and regarding the tax consequences, real estate investment trusts (REITs) are organized as REITs.
As the name suggests, REITs are organized as trusts. The assets held in the trust and the distributions made can affect the tax consequences of the trust. As an investment vehicle, shares are sold to investors and these shares may trade on stock exchanges.
Real estate investment trusts (REITs) are securities that own and, in most cases, manage income-generating real estate or related assets that trade like stocks on major stock exchanges. Many REITs are registered with the SEC and listed on exchanges.
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I would say false. the par value is not necessarily the amount that the investor must pay in order to purchase the preferred stock. the par value is known to be the market price of the stock however, investors may offer the stock above or below the par value depending on the decision of the board