BofA bullish on three REITs

|By:, SA News Editor

The team launches coverage today with Buys on American Realty Capital (ARCP -0.4%), Ashford Hospitality Prime (AHP +2%), and Physicians Realty Trust (DOC +0.7%).

In one other REIT coverage initiation, Jefferies starts Brookdale Senior Living (BKD -0.4%) with a Buy and $40 price target. Last week, Fortress Investment sold another large chunk of its stake in the company.