Brookfield Property Preferred LP's BPYPM is an exchange-traded preferred stock in the REITs sector. At a recent price of $16.00, BPYPM yields 9.77% on its $25 liquidation preference and 6.25% coupon. It trades at a discount of 36.0% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-07-26. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.