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.
Healthpeak Properties (NYSE: PEAK) announced its participation in the Nareit's REITworld 2021 Investor Conference on November 9-10, 2021. The event will feature CEO Tom Herzog and senior management. A presentation related to the conference is available in the Investor Relations section of Healthpeak's website. Healthpeak is a fully integrated real estate investment trust focused on high-quality healthcare real estate, including Life Science, Medical Office, and CCRCs.
Healthpeak Properties reported a net income of $0.10 per share for Q3 2021, compared to a loss of $0.12 in Q3 2020. Nareit FFO per share rose to $0.36, while FFO as Adjusted remained steady at $0.40. The company announced $782 million in new acquisitions, focusing on life science properties, and signed 178,000 square feet of new leases across active developments. Healthpeak's blended Total Same-Store Portfolio Cash NOI growth was reported at 3.2%. A quarterly dividend of $0.30 per share was declared, payable on November 19, 2021.
Healthpeak Properties announced the development of the Vantage campus in South San Francisco, comprising two life science buildings totaling approximately 343,000 square feet and a 30,000 square foot amenity center. The project reflects strong leasing demand in the area and aims to provide expansion space for the growing life science community. Groundbreaking is expected in Q4 2021, with completion anticipated in H2 2023. The Vantage campus adds to Healthpeak's portfolio, alongside The Shore at Sierra Point and Nexus on Grand, highlighting the company's commitment to life science real estate.
Healthpeak Properties announced a quarterly cash dividend of $0.30 per share, payable on November 19, 2021. Stockholders on record as of the close of business on November 8, 2021 will be eligible. As a fully integrated real estate investment trust (REIT) and S&P 500 company, Healthpeak focuses on high-quality real estate in the life science, medical office, and CCRCs sectors. The announcement reaffirms the company's commitment to returning value to shareholders.
Healthpeak Properties, Inc. (NYSE: PEAK) will report its third quarter 2021 financial results after market close on November 2, 2021. A conference call to discuss these results will be held on November 3, 2021, at 9:00 a.m. MT (11:00 a.m. ET). The dial-in number for the call is (888) 317-6003 for U.S. participants, with an international number of (412) 317-6061. Interested parties can also join via webcast. An archive of the call will be available through November 17, 2021.
Healthpeak Properties (NYSE: PEAK) announced the closure of a new $3.0 billion revolving credit facility, increasing its total revolving commitments from $2.5 billion. This facility enhances liquidity, lowers borrowing costs, and extends the maturity date to January 20, 2026, with options for two six-month extensions. The interest rate is set at LIBOR plus 77.5 basis points, representing a 5 basis point reduction. CFO Peter Scott emphasized the achievement's significance for business growth and stockholder returns.
Healthpeak Properties (NYSE: PEAK) announced that CEO Tom Herzog will present at the BofA Securities 2021 Global Real Estate Virtual Conference. The presentation is set for 12:00 p.m. Eastern Time on September 22, 2021. Interested parties can access the live webcast via this link or find details on their website. A replay will also be available post-event. Healthpeak is a real estate investment trust specializing in healthcare-related real estate.
Healthpeak Properties (NYSE: PEAK) reported a net income of $0.51 per share for Q2 2021, with Nareit FFO at $0.28 and FFO as Adjusted at $0.40. The company achieved a blended Total Same-Store Portfolio Cash NOI growth of 1.2% and 7.6% when excluding CARES Act grants. Healthpeak closed $425 million in MOB acquisitions and completed $249 million in senior housing sales. The company declared a quarterly dividend of $0.30 per share, to be paid on August 20, 2021. Updated 2021 guidance suggests diluted earnings per share revised to $0.95 – $1.01.
Healthpeak Properties, Inc. (NYSE: PEAK) has declared a quarterly cash dividend of $0.30 per share. This dividend will be paid on August 20, 2021 to stockholders of record as of August 9, 2021. Healthpeak is a fully integrated real estate investment trust (REIT), specializing in the healthcare real estate market across three key sectors: Life Science, Medical Office, and CCRCs. The company aims for long-term growth in this sector.
FAQ
What is the market cap of Healthpeak Properties (PEAK)?
What does Healthpeak Properties, Inc. specialize in?
What is a recent project of Healthpeak Properties?
Who are some of the key tenants of Healthpeak Properties?
What is the strategic focus of Healthpeak Properties?
How does Healthpeak Properties ensure financial stability?
Where are Healthpeak Properties’ assets primarily located?
What is Healthpeak Properties' approach to environmental sustainability?
How does Healthpeak Properties support long-term growth?
Is Healthpeak Properties involved in senior housing?
What sets Healthpeak Properties apart in the healthcare real estate market?
