secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHPEAK PROPERTIES, INC. (DOC)
CIK:        0000765880
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001628280-24-018179
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthpeak Q1 FFO as Adjusted $0.45 beats; raises full-year guidance midpoint by $0.02
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- Q1 net income $0.01/sh; FFO as Adj $0.45 (vs $0.42 YoY); AFFO $0.41 (vs $0.38).
- Same-store Cash NOI grew 4.5%; full-year FFO as Adj midpoint +$0.02; NOI growth +25 bps.
- Repurchased $100M stock at avg $17.11; YTD dispositions $363M; new $750M term loan at 4.5% fixed.
- Net debt to EBITDAre 5.2x; merger synergy forecast raised by $5M to $45M.
- Internalized property management in 10 markets (17M sq ft) year-to-date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765880/000162828024018179/0001628280-24-018179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765880/000162828024018179/peak-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-018179

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