Real estate investment trusts or REITs have come a long way since they were first signed into law back in the 1960s.
Q3 2019 hedge fund letters, conferences and more

The first REITs primarily consisted of mortgage companies, but over the past few decades, REITs managing everything from cell phone towers to hotels and single-family homes have sprung up.
But despite the range of REITs now on offer, investors are still underweight the sector...

