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Healthpeak Properties, Inc. - PEAK STOCK NEWS

Welcome to our dedicated page for Healthpeak Properties news (Ticker: PEAK), a resource for investors and traders seeking the latest updates and insights on Healthpeak Properties stock.

Healthpeak Properties, Inc. (NYSE: PEAK) is a fully integrated real estate investment trust (REIT) and S&P 500 company specializing in the ownership, management, and development of high-quality real estate in three primary healthcare sectors: life science, medical office, and senior housing. Healthpeak's portfolio is designed to offer stability during industry cycles, underpinned by a deep understanding of the healthcare real estate market and a strong vision for long-term growth.

Recent highlights include a strategic partnership with Breakthrough Properties to develop the Callan Ridge campus in San Diego's prestigious Torrey Pines cluster. The campus, which will be fully leased to Turning Point Therapeutics, a subsidiary of Bristol-Myers Squibb, incorporates sustainable building features and aims for LEED Gold certification. This three-story, 185,000-square-foot development reflects Healthpeak's commitment to environmental responsibility and innovation in healthcare real estate.

Healthpeak’s diversified portfolio encompasses properties located in prime markets across the United States. The company’s life science assets provide essential infrastructure for research and development activities, while medical office buildings cater to outpatient services and senior housing facilities support aging populations with residential options. This diversified approach mitigates risks and capitalizes on growth opportunities within the healthcare sector.

Financially, Healthpeak maintains a robust balance sheet with a strategic focus on disciplined capital allocation to enhance shareholder value. The company leverages strong relationships with industry-leading tenants and partners to drive occupancy rates and rental income stability. Moreover, Healthpeak’s proactive asset management and development pipeline are poised to sustain future growth, underscoring its role as a pivotal player in the healthcare real estate market.

Healthpeak Properties continues to explore opportunities that align with its mission to provide best-in-class real estate solutions for healthcare delivery and discovery, ensuring a resilient and thriving portfolio capable of weathering industry fluctuations while delivering consistent returns.

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Healthpeak Properties, Inc. (NYSE: PEAK) releases updated investor presentation ahead of investor meetings.
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Healthpeak Properties, Inc. (NYSE: PEAK) announced its second-quarter 2023 financial results. Key highlights include net income of $0.09 per share, Nareit FFO of $0.45 per share, FFO as Adjusted of $0.45 per share, AFFO of $0.40 per share, and blended Total Same-Store Portfolio Cash (Adjusted) NOI growth of 4.8%. The company also reported new and renewal lease executions totaling 745,000 square feet and signed letters of intent on an additional 196,000 square feet of lab leases. Healthpeak's Board of Directors declared a quarterly common stock cash dividend of $0.30 per share. The company published its 12th annual ESG report, highlighting its environmental, social, and governance initiatives and performance.
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Healthpeak Properties, Inc. (NYSE: PEAK) announced its first quarter 2023 financial results, including net income of $0.22 per share and Nareit FFO of $0.42 per share. The company also reported positive growth in its life science and MOB same-store portfolio cash NOI. Healthpeak received several awards for its environmental and governance practices. The company declared a quarterly cash dividend of $0.30 per share. Full-year guidance for 2023 was reaffirmed.
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Healthpeak Properties, Inc. (NYSE: PEAK) will release its first quarter financial results on April 27, 2023, post-market trading. A conference call and webcast are scheduled for April 28, 2023, at 9:00 a.m. MT (11:00 a.m. ET) to discuss the financial performance and operational results for the quarter ending March 31, 2023.

Investors can join the call at (888) 317-6003 for U.S. callers or (412) 317-6061 internationally, using conference ID 8338797. The webcast will be accessible at Healthpeak's website.

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Healthpeak Properties (NYSE: PEAK) announced the immediate appointment of James B. Connor as an independent director to its Board of Directors, expanding the Board to eight members with an average tenure of seven years. Mr. Connor brings over 20 years of real estate experience, previously serving as CEO of Duke Realty Corporation until its acquisition by Prologis in October 2022. His extensive background includes leadership roles at Cushman & Wakefield. Healthpeak's Chairman Brian Cartwright and CEO Scott Brinker expressed confidence in Connor's ability to enhance the Board's expertise in development and commercial real estate, particularly focusing on sectors supporting aging populations.

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FAQ

What is the market cap of Healthpeak Properties (PEAK)?

The market cap of Healthpeak Properties (PEAK) is approximately 9.5B.

What does Healthpeak Properties, Inc. specialize in?

Healthpeak Properties specializes in the ownership, management, and development of real estate in life science, medical office, and senior housing sectors.

What is a recent project of Healthpeak Properties?

A recent project is the Callan Ridge campus in San Diego, developed in partnership with Breakthrough Properties and designed to achieve LEED Gold certification.

Who are some of the key tenants of Healthpeak Properties?

Key tenants include companies like Turning Point Therapeutics, a subsidiary of Bristol-Myers Squibb, among other healthcare and biotech firms.

What is the strategic focus of Healthpeak Properties?

Healthpeak focuses on owning and developing high-quality real estate in key healthcare sectors, maintaining a robust portfolio that provides stability through industry cycles.

How does Healthpeak Properties ensure financial stability?

Healthpeak maintains a strong balance sheet and emphasizes disciplined capital allocation, along with strategic partnerships and proactive asset management.

Where are Healthpeak Properties’ assets primarily located?

Healthpeak's assets are primarily located in prime markets across the United States, providing essential infrastructure for the healthcare sector.

What is Healthpeak Properties' approach to environmental sustainability?

Healthpeak integrates sustainable building features in its developments, such as the Callan Ridge campus which includes electrochromic windows and photovoltaic glass panels.

How does Healthpeak Properties support long-term growth?

The company supports long-term growth through strategic investments, development projects, and maintaining high occupancy rates with industry-leading tenants.

Is Healthpeak Properties involved in senior housing?

Yes, Healthpeak Properties owns and develops senior housing facilities that provide residential options for aging populations.

What sets Healthpeak Properties apart in the healthcare real estate market?

Healthpeak pairs a deep understanding of the healthcare real estate market with a vision for long-term growth and stability, making it a leading player in the industry.

Healthpeak Properties, Inc.

NYSE:PEAK

PEAK Rankings

PEAK Stock Data

9.50B
544.23M
0.18%
96.71%
1.62%
REIT - Healthcare Facilities
Real Estate
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United States
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