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Healthpeak Properties
DOC · NYSEReal Estate (Healthcare REIT)
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Capitalwho funds itREITs & ownerswho owns the propertyPropertyportfoliosthe buildings & sitesBrokerage &managementwho leases & runs itTenantswho rents the spaceEnd demandwhat drives itI&LInvestors & lendersM&BMortgages & bondsDOCHealthpeak PropertiesOMBOutpatient medical buildingsLLLife-science labsSC(Senior-living communities (CCRC)P&SOProperty & senior-living operatorsHCAHCA HealthcareCSHCommonSpirit HealthAMGNAmgen···Hospitals & health systems···Biotech & pharma tenantsSENSenior residents & familiesP&APPatients & ageing populationG&RGovernments & regulators
Company details
Market cap
~$14B
Div yield
~6%
FFO/share (adj)
~$1.84
Revenue
~$2.8B
Properties
~700
Portfolio
~52M sq ft
Net debt/EBITDA
5.3×
SS NOI growth
+3.5%
In plain English
Healthpeak is a healthcare landlord. It owns the buildings where modern medicine happens — outpatient medical offices next to hospitals, life-science labs in biotech clusters like South San Francisco, and senior-living communities — and collects rent from health systems, drug companies and care operators. Formed in its current shape by the 2024 all-stock merger of equals with Physicians Realty Trust, which is why it trades under the ticker DOC.
In simple terms
What Healthpeak Properties really sells
Healthpeak is a healthcare landlord. It owns the buildings where modern medicine happens — outpatient medical offices next to hospitals, life-science labs in biotech clusters like South San Francisco, and senior-living communities — and collects rent from health systems, drug companies and care operators. Formed in its current shape by the 2024 all-stock merger of equals with Physicians Realty Trust, which is why it trades under the ticker DOC.
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Risk read
Moderate
SteadierMore speculative
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