Healthpeak Properties (DOC) - Hoya Hotseat

Hoya Capital

Healthpeak Properties (DOC) - Hoya Hotseat In the News All DOC Dec 11 Written By Alex Pettee, CFA Hoya Capital Healthpeak Properties (NYSE:DOC) is one of the largest owner of medical office and life sciences buildings in the United States, with interests in 700 properties comprising 49 million square feet. One of 29 REITs listed on the S&P 500, Healthpeak’s portfolio is roughly 70% medical office, 25% life sciences, and 5% senior housing.

Healthpeak CEO Scott Brinker joins the Hoya Hotseat to discuss DOC’s backstory and growth since its IPO four decades ago, its transition from senior housing toward medical office, and broader healthcare industry fundamentals. Continue reading ▶︎ Interviews Press All DOC Hoya Hotseat Alex Pettee, CFA Transcript Health Peak is an S&P 500 company we have a 50 million plus square foot portfolio of high quality lifestyle science and out patient medical real estate and our strategy is really to be the real estate partner of choice for healthcare Discovery and delivery uh there's a pretty good chance that the viewers have received care in one of our outpatient medical buildings or taken medication developed by one of our tenants um our outpatient Business Services more than 30 million patient visits in any given year and our parking lots have have never been busier just given the trend towards Outpatient Care in the agent population and then our life science business is really in the three centers of life science Innovation uh where there's the greatest depth of demand so Boston the Bay Area in San Diego and we have significant scale in all three which allows us to Market to a wide variety of tenants from Venture Capital backed biotechs to Global bio uh biofarma uh companies and and and that also allows us to accommodate the growth of of tenants uh who have successful science yeah so we we went public 40 years ago um 1984 ...