Remember that preferred shareholders are senior to the entire equity stack and sit senior to all common distributions. Given the dislocation in the sector today, we consider preferreds an excellent source of revenue and sustainability during the pandemic.
from
https://www.forbes.com/sites/bradthomas/2020/08/29/pandemic-proof-performance-own-reit-preferreds/
from EveryHouse https://everyhouse0.blogspot.com/2020/08/pandemic-proof-performance-own-reit.html
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from Everyhouse https://everyhouse0.wordpress.com/2020/08/30/pandemic-proof-performance-own-reit-preferreds/
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from Short Sale https://shortsale2.blogspot.com/2020/08/pandemic-proof-performance-own-reit.html
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from Short Sale https://shortsale6.wordpress.com/2020/08/30/pandemic-proof-performance-own-reit-preferreds/
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