This Is Warren Buffett's Favorite REIT. Should You Buy It?

Warren Buffett is famous for his attraction to certain economic sectors. Insurance is one, banks and financial services another, and he's also more than dipped his toes into the energy and industrials sectors, too. One asset category decidedly not associated with the great investor is real estate investment trusts (REITs).

Yet for several years now, STORE Capital (NYSE: STOR) has occupied the lone REIT slot in the equity portfolio of Buffett's investment vehicle Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Here's a closer look at the REIT, which is one of the less-famous of the renowned financier's investments.

STORE Capital is an equity REIT, which we can say is the more common type of REIT that invests in physical property (as opposed to the mortgages underlying it). As its name implies, STORE Capital specializes in retail spaces, but it works in a niche that sets it apart.

Source Fool.com