Summary
Healthpeak Properties is a self-administered real estate investment trust that invests directly or through joint ventures in private-pay healthcare facilities in the United States. The company merged with Physicians Realty in March 2024. Along with the merger, the company changed its ticker from PEAK to DOC. DOC’s assets include life science facilities, medical office buildings, small regional hospitals and medical centers, and CCRCs. Total 2024 revenues were $7.1 billion.
Prior to the merger, Healthpeak’s portfolio consisted of 477 and post-merger, the REIT had 733. At the end of 2024, the REIT had 33 projects in development and 697 total properties, of which about 75% were outpatient medical. Based on 2024 cash NOI, about one-fourth is from California propertie
