Rate cuts are here, or almost nearly here, as September is highly expected to see at least a 25 basis point cut. That has been fueling interest rate-sensitive sectors such as real estate. The Cohen & Steers Quality Income Realty Fund (NYSE:RQI) and the Cohen & Steers Real Estate Opportunities and Income Fund (NYSE:RLTY) are two funds that have been benefiting from the expected rate cuts. These are leveraged closed-end funds focused on investing in mostly equity real estate investment trusts ("REITs") but also carry sleeves of preferred and other fixed-income holdings.