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Healthpeak Properties, Inc. (NYSE: DOC) is a self-managed healthcare real estate investment trust (REIT) focused on acquiring, selectively developing, owning, and managing healthcare properties. These properties are primarily leased to physicians, hospitals, and healthcare delivery systems. The company aims to invest in real estate that is essential for providing high-quality healthcare services.
Healthpeak's diversified portfolio includes around 459 in-place properties, which encompass medical office buildings, life science properties, senior housing, hospitals, and skilled nursing/post-acute care facilities. These assets are typically located on or near healthcare campuses and are strategically affiliated with hospitals or other healthcare facilities.
The company’s management team brings extensive public healthcare REIT experience and has well-established relationships with key stakeholders in the healthcare delivery system. This expertise and network provide Healthpeak with quality investment opportunities aimed at generating attractive risk-adjusted returns for shareholders.
Recent achievements of the company include the acquisition of several high-value properties, partnerships with leading healthcare providers, and the development of state-of-the-art facilities. Financially, Healthpeak has demonstrated resilience and growth, maintaining a strong balance sheet and a strategic approach to capital allocation.
Healthpeak continues to explore new projects and ventures to enhance its portfolio and meet the evolving needs of the healthcare industry. The company remains committed to providing critical real estate solutions that support the delivery of exceptional healthcare services.
Physicians Realty Trust (DOC) reported a strong first quarter of 2022, achieving $130.4 million in total revenue, a 15.0% increase from last year. Net income per share stood at $0.06, while Normalized FFO was $0.27 per share. The Trust completed a $22.0 million investment for a 49% stake in three properties and declared a quarterly dividend of $0.23 per share. Notably, total expenses rose to $116.1 million, up from $95.1 million year-over-year. The portfolio remained strong with a 95% leasing rate, and the company expects continued growth in response to inflationary pressures.
Physicians Realty Trust (NYSE:DOC) has declared a quarterly cash dividend of $0.23 per common share for the quarter ending March 31, 2022, marking the 35th consecutive quarterly dividend. The dividend will be payable on April 14, 2022. The company plans to release its Q1 2022 financial results on May 4, 2022, before the market opens, followed by a conference call at 10:00 a.m. ET to discuss the results. The company emphasizes disciplined capital allocation and the predictability of cash flows from medical office buildings.
On February 22, 2022, Ava E. Lias-Booker was appointed to the Board of Trustees for Physicians Realty Trust (NYSE:DOC), expanding the Board from eight to nine members. Her appointment is effective March 1, 2022, and she will stand for election at the 2022 annual meeting. Ms. Lias-Booker, a seasoned lawyer with over 30 years of experience, is a partner at McGuireWoods LLP, leading their litigation practice in Baltimore. Her expertise includes complex commercial litigation and she emphasizes diversity and inclusion. The Trust's leadership expressed strong confidence in her contributions.
Physicians Realty Trust (DOC) reported its fourth quarter and full year 2021 results, achieving a net income of $0.12 per share and normalized FFO of $0.26 per share. Total revenue increased to $116.1 million, marking a 4.2% rise year-over-year. The company completed $852.2 million in investments during Q4, including the acquisition of the Landmark Portfolio. The portfolio was 95% leased, with a 2.9% growth in cash NOI. A quarterly dividend of $0.23 per share was declared, while general and administrative expenses guidance for 2022 is between $40 million and $42 million.
Physicians Realty Trust (NYSE:DOC) has declared a quarterly cash dividend of $0.23 per common share, marking its 34th consecutive quarterly dividend. The dividend is set for payment on January 18, 2022, to shareholders on record as of January 4, 2022. The Company’s year-to-date acquisitions have surpassed $1.027 billion, significantly enhancing its portfolio of outpatient medical facilities. The fourth quarter earnings release is scheduled for February 23, 2022, to provide further financial insights.
Physicians Realty Trust (NYSE: DOC) has successfully acquired 14 Class-A medical office facilities from Landmark Healthcare Facilities for approximately $750 million. Covering over 1.4 million square feet with a 95% lease rate, the properties are strategically located on or near hospitals. The portfolio is expected to yield a first-year cash return of 4.9%, with 75% of the leased space tied to investment-grade health systems. This acquisition enhances DOC's national presence and establishes new partnerships for future investments.
Physicians Realty Trust (DOC) reported a net income of $22 million for Q3 2021, translating to $0.10 per share. The total revenue for the quarter was $115.3 million, up 5.2% year-over-year. The company also achieved normalized FFO of $0.26 per share. Recent investment activities include $1.04 billion in acquisitions year-to-date and new investments of $108.9 million in Q3. The board declared a dividend of $0.23 per share, paid October 15. Additionally, Moody’s upgraded the company's credit rating from 'Baa3' to 'Baa2'.
Physicians Realty Trust (NYSE:DOC) announced a $500 million senior unsecured notes offering at 2.625%, maturing in 2031. The proceeds, estimated at $495.7 million after discounts, will be used to repay debt and acquire properties, including those in the pending Landmark portfolio acquisition. The closing is scheduled for October 13, 2021, pending customary conditions. The offering follows an effective shelf registration statement filed with the SEC on February 27, 2020. The company focuses on acquiring healthcare properties leased to physicians and healthcare systems.
Physicians Realty Trust (NYSE:DOC) announced the execution of a Master Transaction Agreement to acquire 15 Class-A medical office buildings across eight states for approximately
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