---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-019678"
form_type: "8-K"
ticker: "DOC"
cik: "0000765880"
company_name: "HEALTHPEAK PROPERTIES, INC."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:35:50.187196+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Healthpeak Q1 net income $0.06/sh, FFO as Adjusted $0.46; same-store NOI up 7%

## Summary
- Net income $42.4M ($0.06 diluted EPS); Nareit FFO $0.45/sh, FFO as Adjusted $0.46/sh, AFFO $0.43/sh.
- Total same-store portfolio Cash (Adjusted) NOI growth 7.0% YoY.
- Executed 1.2M sf leases in Q1; outpatient medical +4% cash releasing spreads, lab +5%.
- Repurchased 5.1M shares at avg $18.50 ($94M total) during Q1 and through April 24.
- Issued $500M of 5.375% senior unsecured notes due 10 years; Net Debt/EBITDAre 5.2x; $2.8B liquidity.

## SEC filing metadata
- accession: 0001628280-25-019678
- form_type: 8-K
- ticker: DOC
- cik: 0000765880
- company_name: HEALTHPEAK PROPERTIES, INC.
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/765880/000162828025019678/0001628280-25-019678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/765880/000162828025019678/peak-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-019678
- JSON: https://secwatch.observer/filing/0001628280-25-019678.json
- Plain text: https://secwatch.observer/filing/0001628280-25-019678.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.