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  "documentTitle": "Corrections Corporation of America (CXW)",
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  "authorName": "William Ackman",
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  "presentationDate": "2009-10-20 00:00:00",
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  "notes": "The table compares CCA against a benchmark of typical Health Care REITs across seven key metrics.",
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      "text": "Cap Rate: >12%",
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      "text": "Source: Green Street research and Pershing Square estimates. (1) We define typical health care REITs to include senior housing, skilled nursing, MOBs, hospitals and life sciences. (2) Maintenance capex is low for health care REITs due to the triple-net leases associated with senior housing, skilled nursing and hospitals.",
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      "text": "Comparison table between CCA and Typical Health Care REITs across metrics like Primary Tenant, Maint Capex, Growth, Tenant Allowances, Cyclicality, Competition, and Cap Rate.",
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      "text": "Health Care REITs are the Best Comp",
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