While there are many long-only real estate focused funds, there are few that take a long/short approach to investing in REITs. One that does is the Altegris/AACA Real Estate Long Short Fund (RAAAX), and that fund is managed by the CEO of American Assets Capital Advisors, Burl East. East, along with Dick Pfister, executive vice president of Altegris, speak with Deirdre Bolton of Fox Business about the outlook for REITs and the structure of the fund. East also explains the current focus of the fund’s portfolio and where he sees some longer term opportunities in the REIT universe.
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