Mortgage REITs: A. have a smaller total market value than do equity REITs. B. are the most common form of REITs. C. take ownership positions in income-producing real estate.
The total market value of mortgage REITs is small compared with the total value of equity REITs. Equity REITs are the most common form of REITs. Equity REITS invest in ownership positions of income-producing real estate. (Study Session 13, LOS 39.c)
