--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-24-029661" form_type: "8-K" ticker: "DOC" cik: "0000765880" company_name: "HEALTHPEAK PROPERTIES, INC." filed_at: "2024-03-01T23:59:59+00:00" generated_at: "2026-06-05T05:53:45.852008+00:00" event_type: "m_and_a" sentiment: "positive" materiality_score: 0.95 calibrated_materiality_score: 0.95 confidence: "high" source: SEC EDGAR --- # Healthpeak closes Physicians Realty Trust acquisition; ticker to change to DOC ## Summary - Each Physicians Realty Trust common share converted into 0.674 Healthpeak shares. - Board expanded from 8 to 13; John T. Thomas named Vice Chair, four others appointed. - Assumed ~$1.25B in debt: $400M DOC term loan, $750M incremental term loan, and $1.25B DOC notes. - Authorized shares increased to 1.5B; NYSE ticker changes to DOC on March 4, 2024. - Healthpeak and Healthpeak OP guaranteed DOC notes; $1.22M consent fee paid to noteholders. ## SEC filing metadata - accession: 0001104659-24-029661 - form_type: 8-K - ticker: DOC - cik: 0000765880 - company_name: HEALTHPEAK PROPERTIES, INC. - filed_at: 2024-03-01T23:59:59+00:00 - event_type: m_and_a - sentiment: positive - materiality_score: 0.95 - calibrated_materiality_score: 0.95 - confidence: high - sec_items: 1.01, 2.01, 2.03, 5.02, 5.03, 7.01, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/tm247564d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-24-029661 - JSON: https://secwatch.observer/filing/0001104659-24-029661.json - Plain text: https://secwatch.observer/filing/0001104659-24-029661.txt ## Key facts - Executive change Ava E. Lias-Booker was appointed as Director at HEALTHPEAK PROPERTIES, INC.. - Action: appointed - Role: Director source text: appointed John T. Thomas, Tommy G. Thompson, Pamela J. Kessler, Ava E. Lias-Booker and Richard A. Weiss to the Board, with Mr. Thomas being appointed as Vice Chair of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Executive change Richard A. Weiss was appointed as Director at HEALTHPEAK PROPERTIES, INC.. - Action: appointed - Role: Director source text: appointed John T. Thomas, Tommy G. Thompson, Pamela J. Kessler, Ava E. Lias-Booker and Richard A. Weiss to the Board, with Mr. Thomas being appointed as Vice Chair of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Executive change Tommy G. Thompson was appointed as Director at HEALTHPEAK PROPERTIES, INC.. - Action: appointed - Role: Director source text: appointed John T. Thomas, Tommy G. Thompson, Pamela J. Kessler, Ava E. Lias-Booker and Richard A. Weiss to the Board, with Mr. Thomas being appointed as Vice Chair of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Executive change Pamela J. Kessler was appointed as Director at HEALTHPEAK PROPERTIES, INC.. - Action: appointed - Role: Director source text: appointed John T. Thomas, Tommy G. Thompson, Pamela J. Kessler, Ava E. Lias-Booker and Richard A. Weiss to the Board, with Mr. Thomas being appointed as Vice Chair of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Executive change John T. Thomas was appointed as Vice Chair of the Board at HEALTHPEAK PROPERTIES, INC.. - Action: appointed - Role: Vice Chair of the Board source text: appointed John T. Thomas, Tommy G. Thompson, Pamela J. Kessler, Ava E. Lias-Booker and Richard A. Weiss to the Board, with Mr. Thomas being appointed as Vice Chair of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Governance Changes HEALTHPEAK PROPERTIES, INC.: Increased maximum number of directors to thirteen (effective 2024-02-28). - Change: bylaw amendment - Effective: 2024-02-28 source text: to increase the maximum number of directors of the Board to thirteen members evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Governance Changes HEALTHPEAK PROPERTIES, INC.: Increased authorized shares of common stock from 750,000,000 to 1,500,000,000 (effective 2024-02-29). - Change: charter amendment - Effective: 2024-02-29 source text: increases the authorized number of shares of Healthpeak Common Stock from a total of 750,000,000 to 1,500,000,000. evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Material Agreements HEALTHPEAK PROPERTIES, INC. entered into Revolver Amendment with Bank of America, N.A. valued at Consent and Amendment No. 2 and Joinder to Second Amended and Restated Credit Agreement (effective 2024-03-01). - Action: entry - Agreement: credit facility - Counterparty: Bank of America, N.A. - Value: Consent and Amendment No. 2 and Joinder to Second Amended and Restated Credit Agreement - Effective: 2024-03-01 source text: On the Closing Date, concurrently with the consummation of the Mergers, Healthpeak OP and Healthpeak entered into (a) the Consent and Amendment No. 2 and Joinder (the " Revolver Amendment ") to its Second Amended and Restated Credit Agreement, dated as of September 20, 2021, by and among Healthpeak OP, Healthpeak, DOC DR Holdco, DOC DR OP Sub, the lenders party thereto and Bank of America, N.A., as administrative agent evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm - Material Agreements HEALTHPEAK PROPERTIES, INC. entered into DOC Amendment to Third Amended and Restated Credit Agreement with KeyBank National Association valued at $400 million term loan; borrowings repaid and revolvers terminated (effective 2024-03-01). - Action: entry - Agreement: credit facility - Counterparty: KeyBank National Association - Value: $400 million term loan; borrowings repaid and revolvers terminated - Effective: 2024-03-01 source text: On the Closing Date, upon consummation of the Mergers, Healthpeak, Healthpeak OP, DOC DR Holdco and DOC DR OP Sub executed the Consent and Third Amendment (the " DOC Amendment ") to that certain Third Amended and Restated Credit Agreement, dated as of September 24, 2021, by and among Physicians Partnership, as borrower, Physicians Realty Trust, as guarantor, the lenders party thereto and KeyBank National Association, as administrative agent evidence_url: https://www.sec.gov/Archives/edgar/data/765880/000110465924029661/0001104659-24-029661-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.