Healthpeak Q2 FFO as Adjusted $0.46; raises FY guidance midpoint by $0.02

HEALTHPEAK PROPERTIES, INC.

Q2 net income $0.08 per share; FFO as Adjusted $0.46 per share, flat YoY.
Total same-store Adjusted NOI growth 1.8% (Outpatient Medical +2.5%, Lab -3.2%, Senior Housing +19.2%).
Raised full-year 2026 diluted FFO as Adjusted guidance to $1.73-$1.77 per share (midpoint +$0.02).
Closed $2.1B outpatient medical JV with Brookfield, generating $1.025B proceeds; retains 51% interest.
Board authorized new $500M share repurchase program; Q3 dividend $0.305 per share ($1.22 annualized).

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