secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHPEAK PROPERTIES, INC. (DOC)
CIK:        0000765880
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001628280-26-004623
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthpeak forms Janus Living for senior housing IPO; Q4 FFO $0.47, same-store NOI +3.9%
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- Planned IPO of Janus Living, a dedicated senior housing REIT, to unlock value; Healthpeak to retain ownership stake.
- Announced $1B capital recycling plan in 2026 via asset sales, recapitalizations, loan repayments.
- Q4 2025: Net income $0.16/sh, FFO as Adj $0.47, AFFP $0.40; Total same-store NOI +3.9%.
- Acquired 1.4M sq ft South San Francisco campus for $600M; JV interest in 19-community senior housing for $314M.
- Net debt to Adjusted EBITDAre at 5.2x; Q1 2026 dividend $0.305/sh ($1.22 annualized).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/765880/000162828026004623/0001628280-26-004623-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/765880/000162828026004623/peak-20260202.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-004623

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