secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHPEAK PROPERTIES, INC. (DOC)
CIK:        0000765880
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001628280-24-003886
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthpeak Q4 FFO as Adj $0.46/share; Same-store NOI +3.6%; new $236M lab JV
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- Q4 net income $0.13/share, Nareit FFO $0.48, FFO as Adj $0.46, AFFO $0.36; FY23 net income $0.56, Nareit FFO $1.79, FFO as Adj $1.78, AFFO $1.53.
- Total Same-Store Portfolio Cash NOI growth 3.6% Q4, 4.8% full-year.
- Q4 lease executions 1.1M sq ft (743K outpatient, 312K lab); YTD 2024 lab leases 58K sq ft + 115K under LOI.
- Entered $236M JV selling 65% interest in Callan Ridge lab campus in San Diego (Jan 2024).
- Net Debt to Adjusted EBITDAre 5.2x; issued $750M senior unsecured notes at ~5.35% blend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765880/000162828024003886/0001628280-24-003886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765880/000162828024003886/peak-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-003886

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer