Deutsche Bank analyst Darren Lehrich provided a nice pop to shares of Brookdale Senior Living Friday when he wrote that the company could separate its property holdings and nursing home businesses and place the former into a real estate investment trust. (Apparently, it's what all the cool local kids are doing these days.) If it happens, look for Fortress Investment Group, which owns 14 percent of Brookdale and has two board seats, to drive the train. Fortress has been doing the same at Penn National Gaming.
“To the extent that Fortress played a big role behind the scenes to effect [the Penn deal], it could potentially have implications for [Brookdale],” Lehrich wrote.
SEE ALSO: Details on two other recent instances when market chatter lifted Brookdale shares
POSTDATA: WARRANTY DEEDS