Property Strategist Discusses Urdang, REIT Hedge Funds

Plymouth Meeting, Pa.-based Urdang Capital Management is readying to launch its first hedge fund, a long/short vehicle that invests in real estate investment trusts, according to a source close to the firm. Managers at the firm did not return calls seeking details, but one industry expert did give us his thoughts on whether he thinks it is a good time to be launching a REIT hedge fund.