Healthpeak Properties, Inc. (NYSE: DOC) is a real estate investment trust (REIT) specializing in owning, operating, and developing high-quality healthcare real estate properties. The company focuses on outpatient medical and lab buildings, leveraging its expertise and partnerships to meet the real estate needs of healthcare providers and organizations. Healthpeak aims to deliver value to stockholders through strategic investments, operational excellence, and a strong financial strategy.
- Outpatient Medical - Owns and operates outpatient medical buildings, providing essential real estate solutions for healthcare delivery systems and specialty physician groups.
- Lab - Develops and manages lab buildings, catering to the real estate needs of pharmaceutical, biotechnology, and medical device companies.
- CCRC - Operates continuing care retirement communities (CCRCs), offering residential and healthcare services for senior living.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Scott M. Brinker ExecutiveBoard | President and Chief Executive Officer | Executive Board Member, National Association of Real Estate Investment Trusts (Nareit) | Scott M. Brinker is the President and Chief Executive Officer of Healthpeak Properties, Inc. (DOC) since October 2022, and he has served as a Director since 2022. Previously, he was President and Chief Investment Officer from January 2020 to October 2022 and Executive Vice President and Chief Investment Officer from March 2018 to December 2019, and he is an active member of the Executive Board of the National Association of Real Estate Investment Trusts (Nareit). | View Report → |
Adam G. Mabry Executive | Chief Investment Officer | Adam G. Mabry has been the Chief Investment Officer at DOC since October 2022, and previously served as Senior Vice President – Investments from February 2018 to October 2022 and as Vice President – Corporate Transactions from June 2017 to January 2018. | ||
Ankit B. Patadia Executive | Executive Vice President and Treasurer – Corporate Finance | Ankit B. Patadia has been the Executive Vice President and Treasurer – Corporate Finance at Healthpeak Properties, Inc. (DOC) since February 2023, and previously served as Senior Vice President and Treasurer – Corporate Finance from February 2019 to January 2023. | ||
Kelvin O. Moses Executive | Executive Vice President – Investments and Portfolio Management | Kelvin O. Moses is the Executive Vice President – Investments and Portfolio Management at Healthpeak Properties, Inc. since March 2025. He previously served as Senior Vice President – Investments and Portfolio Management from January 2022 to March 2025, and as Vice President – Investments from January 2019 to January 2022. | ||
Lisa A. Alonso Executive | Executive Vice President and Chief Human Resources Officer | Lisa A. Alonso is the Executive Vice President and Chief Human Resources Officer at DOC since January 2020, previously serving as Senior Vice President – Human Resources from February 2018 to December 2019 at Healthpeak Properties. She also held key HR roles at The Irvine Company’s Resort at Pelican Hill and California First National Bancorp, contributing to the development of effective human resources strategies. | ||
Peter A. Scott Executive | Chief Financial Officer | Peter A. Scott is the Chief Financial Officer of Healthpeak Properties, Inc. (DOC) since February 2017, and previously served as Executive Vice President and Chief Financial Officer until July 2021. He has held roles at Barclays, Credit Suisse, and Lehman Brothers. | ||
Scott R. Bohn Executive | Chief Development Officer and Head of Lab | Scott R. Bohn is the Chief Development Officer and Head of Lab at Healthpeak Properties, Inc. (DOC) since February 2024. He has held several key leadership roles at the company, including serving as Chief Development Officer and Co-Head of Lab from October 2022 to February 2024. | ||
Shawn G. Johnston Executive | Executive Vice President and Chief Accounting Officer | Shawn G. Johnston is the Executive Vice President and Chief Accounting Officer at DOC since February 2019, and previously served as Senior Vice President and Chief Accounting Officer from August 2017 until January 2019. | ||
Tracy A. Porter Executive | Executive Vice President and General Counsel | Tracy A. Porter is the Executive Vice President and General Counsel at Healthpeak Properties, Inc. (DOC) since March 2025. Previously, she held roles including Senior Vice President – Deputy General Counsel from January 2023 to March 2025. | ||
Ava E. Lias-Booker Board | Independent Director | Member of the Board of Directors, University of Maryland Saint Joseph’s Medical Center; Gubernatorial appointee, University of Maryland Medical System Board of Directors; Member of the Boards of Visitors, Duke University School of Law; Member of the Boards of Visitors, University of Maryland Francis King Carey School of Law | Ava E. Lias-Booker has served as an Independent Director at Physicians Realty Trust (DOC) since 2022, continuing her role after the company’s merger in 2024. She brings extensive legal and governance experience from her tenures at McGuireWoods LLP, Saul Ewing LLP, and Gordon, Feinblatt, Rothman, Hoffberger & Hollander LLP. | |
Brian G. Cartwright Board | Independent Director | Chair of the Board of Trustees, Pacific Legal Foundation | Brian G. Cartwright has been serving as an Independent Director at DOC since 2013, bringing extensive corporate governance, regulatory, and legal expertise from his roles as General Counsel of the SEC (2006–2009) and Partner at Latham & Watkins LLP (1988–2005). | |
Governor Tommy G. Thompson Board | Independent Director | Combined Company Board of Healthpeak Properties Inc. | Governor Tommy G. Thompson is an experienced leader with a background in government and healthcare, currently serving as an Independent Director at Physicians Realty Trust (DOC) since March 1, 2024. He previously served as the Chairman of the Board of Trustees at Physicians Realty Trust from 2013 until the merger in 2024, demonstrating his commitment to strategic corporate governance. | |
James B. Connor Board | Independent Director | Board member at Prologis, Inc.; Board member at EPR Properties | James B. Connor is a seasoned real estate leader with extensive experience, having served in top leadership roles such as Chairman and CEO at Duke Realty Corporation until its acquisition in October 2022. He has been serving as an Independent Director at Healthpeak Properties (DOC) since 2023 and contributes his expertise on both the Audit and Compensation and Human Capital Committees. | |
John T. Thomas Board | Vice Chair of the Board | John T. Thomas has served as Vice Chair of the Board at DOC since 2024. Previously, he held executive roles including President, CEO, and Trustee of Physicians Realty Trust from 2013 to 2024. | ||
Katherine M. Sandstrom Board | Independent Chair of the Board | Toll Brothers, Inc.; EastGroup Properties, Inc.; Urban Edge Properties | Katherine M. Sandstrom has been a director at DOC since 2018 and assumed the role of Independent Chair of the Board in 2023, bringing over 20 years of real estate finance and investment experience. She previously held senior positions at Heitman LLC, including serving as Senior Managing Director and Global Head of Public Real Estate Securities. | |
Pamela J. Kessler Board | Independent Director | Co-President, Chief Financial Officer, and Corporate Secretary at LTC Properties, Inc. | Pamela J. Kessler is an Independent Director at Healthpeak Properties, Inc. (formerly Physicians Realty Trust, ticker: DOC) since 2024, serving on the Audit Committee. She brings extensive financial expertise and over 30 years of experience in the industry, having held executive roles at LTC Properties, Inc. since May 2020. | |
R. Kent Griffin Board | Independent Director | Managing Director at PHICAS Investors | R. Kent Griffin, Jr. has been serving as an Independent Director at DOC since 2018. He brings extensive experience in real estate and corporate finance from his leadership roles at BioMed Realty Trust and PHICAS Investors, contributing valuable oversight and strategic guidance. | |
Richard A. Weiss Board | Independent Director | Finance Committee Chair at Advocate Aurora Health; Board Chair at Washington Hospital Center; Trustee at Medical College of Wisconsin; Board Member and Chair of the Audit Committee at Ascendium Education Group | Richard A. Weiss serves as an Independent Director at DOC since 2024 and is a member of the Investment Committee. He has over 50 years of experience in public finance law and healthcare governance and previously served as a Trustee from 2013 until 2024. | |
Sara G. Lewis Board | Independent Director | Board Leadership Fellow at the National Association of Corporate Directors (since 2012); Board Member at The Brookings Institution (since 2016); Senior Trustee at The Brookings Institution (since 2024); Member of Leadership Board and Corporate Governance Committee at the U.S. Chamber of Commerce Center for Capital Markets Competitiveness (since 2015); Audit Committee Council Member at the Center for Audit Quality; Board Member at Freeport-McMoRan, Inc.; Board Member at Weyerhaeuser Company | Sara G. Lewis has served as an Independent Director at DOC since 2019 and currently chairs the Compensation Committee while serving on the Governance Committee. She brings over 30 years of experience in corporate finance and has held various key board roles including active positions at The Brookings Institution, the U.S. Chamber of Commerce Center for Capital Markets Competitiveness, and on the boards of Freeport-McMoRan, Inc. and Weyerhaeuser Company. |
Research analysts who have asked questions during HEALTHPEAK PROPERTIES earnings calls.
Austin Wurschmidt
KeyBanc Capital Markets Inc.
2 questions for DOC
Farrell Granath
Bank of America
2 questions for DOC
Jamie Feldman
Wells Fargo & Company
2 questions for DOC
Juan Sanabria
BMO Capital Markets
2 questions for DOC
Michael Carroll
RBC Capital Markets
2 questions for DOC
Michael Muller
JPMorgan Chase & Co.
2 questions for DOC
Michael Stroyeck
Green Street Advisors, LLC
2 questions for DOC
Nicholas Yulico
Scotiabank
2 questions for DOC
Nick Joseph
Citigroup Inc.
2 questions for DOC
Omotayo Okusanya
Deutsche Bank AG
2 questions for DOC
Ronald Kamdem
Morgan Stanley
2 questions for DOC
Vikram Malhotra
Mizuho Financial Group, Inc.
2 questions for DOC
Wesley Golladay
Robert W. Baird & Co.
2 questions for DOC
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Physicians Realty Trust | 2024 | All-stock merger where each Physicians Realty Trust shareholder received 0.674 shares of Healthpeak common stock per share; the transaction closed on March 1, 2024, expanding Healthpeak’s portfolio with 299 outpatient medical buildings and driving expected synergies of up to $60M over 2024–2025, financed partly by a $750M loan. |
Northwest Medical Plaza | 2022 | Completed in May 2022, this acquisition involved a 68,000 sq ft medical office building in Bentonville, AR for $26M, with 98% leased occupancy and strong strategic positioning, being directly attached to a 128-bed full-service hospital. |
Webster MOB Portfolio | 2022 | Finalized in March 2022, the deal acquired a portfolio of two medical office buildings in Houston, TX for a total of $43M, enhancing the firm's healthcare real estate presence. |
Vista Sorrento Phase II | 2022 | Completed in January 2022, this acquisition secured a life science property in San Diego, CA for $24M, thereby strengthening the company’s life science asset portfolio. |
67 Smith Place | 2022 | Finalized in January 2022, the acquisition of this life science asset in Cambridge, MA for $72M further augmented the company's position in the innovative research space market. |
Recent press releases and 8-K filings for DOC.
- On August 14, 2025, Healthpeak OP, LLC, a subsidiary of Healthpeak Properties, Inc., completed an underwritten offering of $500.0 million aggregate principal amount of its 4.750% senior notes due 2033.
- The estimated net proceeds from the offering are approximately $491.4 million.
- Healthpeak OP intends to use the net proceeds to repay borrowings outstanding under its commercial paper program and for general corporate purposes.
- The notes will mature on January 15, 2033, and interest will be paid semi-annually on January 15 and July 15, beginning on January 15, 2026.
- The notes are fully and unconditionally guaranteed on a joint and several basis by Healthpeak Properties, Inc., DOC DR Holdco, LLC, and DOC DR, LLC.
- Healthpeak reported strong financial results for Q2 2025, leading to the reaffirmation of FFO as adjusted and same store cash NOI expectations.
- The outpatient medical segment achieved near record levels for same store growth, retention, and releasing spreads, while the CCRC portfolio saw record leasing volumes and 50% higher annual NOI than pre-pandemic levels.
- Despite an occupancy decline in the lab R&D business due to tenant capital raising challenges, leading indicators are turning positive, including a reduction in spec new supply and recent M&A deals.
- The company maintains a strong balance sheet with $2.3 billion of liquidity and continues to prioritize balance sheet discipline and opportunistic capital allocation. Regulatory changes, such as a proposed CMS rule to reverse the inpatient-only list, are expected to be positive for the business.
- Healthpeak Properties, Inc. reported Q1 2025 financial results with net income per common share of $0.06, Nareit FFO of $0.45 per share, FFO as Adjusted of $0.46 per share, and AFFO of $0.43 per share.
- The company declared a monthly cash dividend of $0.10167 per share (annualized to $1.22 per share) for Q2 and executed share repurchase activity, repurchasing approximately 5.1 million shares at a weighted average price of $18.50.
- Operational highlights include executing 1.2 million square feet in new and renewal leases, forming a long-term partnership with Hines for the multifamily component of Cambridge Point, and maintaining approximately $2.8 billion in available liquidity.
- Kelvin Moses is named Chief Financial Officer of Healthpeak Properties, effective immediately as of April 24, 2025.
- Moses, previously serving as Executive Vice President – Investments and Portfolio Management, brings extensive experience including leading a $5 billion merger integration.
- Peter Scott resigned as CFO on April 2, 2025 to assume the CEO role at Healthcare Realty Trust, marking a notable leadership transition.
- The company confirmed his departure was voluntary, with no severance entitlement, and indicated that an internal successor will be named soon as part of its succession plan.