Latest news with #Healthpeak
Yahoo
14-05-2025
- Business
- Yahoo
Got $1,000 to Invest? This Healthy Monthly Dividend Stock Could Turn It Into Over $70 of Annual Passive Income.
Healthpeak Properties pays a monthly dividend yielding 7%. The healthcare REIT's portfolio produces stable and growing income. It has a very healthy financial profile. 10 stocks we like better than Healthpeak Properties › Investing money in dividend-paying stocks is an easy way to start generating passive income. Many companies pay dividends, which gives you lots of options. One ideal option for those seeking to collect recurring passive income is Healthpeak Properties (NYSE: DOC). The real estate investment trust (REIT) recently switched to paying monthly dividends instead of the typical quarterly schedule, which better aligns the payment with your monthly expenses. It also offers a very attractive dividend yield currently above 7% (significantly higher than the S&P 500's sub-1.5% yield). A $1,000 investment would produce more than $70 of annual passive income at that rate. Here's a closer look at this top-notch income stock. Healthpeak Properties owns a diversified portfolio of healthcare real estate. It invests in state-of-the-art lab campuses, outpatient medical buildings, and continuing care retirement communities. It focuses on owning high-quality buildings in prime locations because they benefit from growing demand. The healthcare REIT's outpatient medical building portfolio provides it with stable and growing rental income. It signs five-to-seven-year leases that feature low-single-digit annual rent bumps with high-quality healthcare systems that need space near hospitals. Meanwhile, its purpose-built lab portfolio is in high demand by biopharma companies, which drives healthy rent growth as legacy leases expire. Finally, its high-quality senior housing properties appeal to active seniors, which drives longer stays and higher occupancy. Healthpeak's portfolio works together to deliver stable and growing rental income to support the REIT's monthly dividend. It generated $1.60 per share of adjusted funds from operations (FFO) in 2024. That can easily cover its annual dividend outlay of $1.22 per share. Healthpeak has been growing its adjusted FFO briskly in recent years (19% over the past three years). Several factors are driving this growth. A big growth catalyst was its 2023 merger with Physicians Realty Trust. The deal created a premier owner, operator, and developer of healthcare real estate. It has been steadily capturing synergies from that transaction ($50 million last year and another $15 million expected in 2025), which have helped boost its bottom line. Healthpeak has also benefited from rent growth across its portfolio. Last year was a record year of leasing across its outpatient medical and lab portfolio. It signed new leases at much higher rates than expiring contracts (7% on average for outpatient and 11% for lab). It was also a record year of performance by its senior housing portfolio (21% same-store net operating income growth). On top of that, the REIT is investing capital to grow its portfolio. It has spent money on several marquee lab development and redevelopment projects that have the potential to add more than $60 million to its bottom line in 2025 and beyond. It has also agreed to invest $161 million across several properties, including a preferred equity investment in a lab development project, a loan to develop a medical office building in Texas, and a loan to redevelop a lab building in California. Healthpeak also entered into a partnership with a company to develop residential housing as part of a mixed-use lab and residential area in Massachusetts. Healthpeak has ample financial flexibility to continue making new investments. The company currently has about $500 million to $1 billion in capacity to make accretive new investments or repurchase its shares. These growth drivers should enable the REIT to increase its high-yielding dividend. It recently bumped its payout up by 1.7%. Healthpeak Properties' high-quality portfolio of healthcare properties produces stable and growing rental income. That supports the REIT's high-yielding monthly dividend. With built-in growth and ample investment capacity, Healthpeak should be able to increase its high-yielding payout in the future. That makes it a great option for those seeking to generate a healthy stream of passive income. Before you buy stock in Healthpeak Properties, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Healthpeak Properties wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $598,613!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $753,878!* Now, it's worth noting Stock Advisor's total average return is 922% — a market-crushing outperformance compared to 169% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Matt DiLallo has no position in any of the stocks mentioned. The Motley Fool recommends Healthpeak Properties. The Motley Fool has a disclosure policy. Got $1,000 to Invest? This Healthy Monthly Dividend Stock Could Turn It Into Over $70 of Annual Passive Income. was originally published by The Motley Fool Sign in to access your portfolio
Business Wire
24-04-2025
- Business
- Business Wire
Healthpeak and Hines Announce a Strategic Partnership on the Cambridge Point Mixed-Use Development in Cambridge, Massachusetts
DENVER--(BUSINESS WIRE)--Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, and Hines, a global real estate investment manager, announced today a long-term partnership to develop the residential components of Healthpeak's Cambridge Point master-planned district in the Alewife neighborhood of Cambridge, Massachusetts. Hines will lead the residential development in coordination with Healthpeak as master developer. Hines, with its partners, will capitalize the residential developments and intends to commence construction on the first residential building within the first 12 months following receipt of entitlements, which is anticipated in the second half of 2026. Situated adjacent to the MBTA Rapid Transit Rail Station in the Alewife neighborhood, Cambridge Point is a 40-acre master plan that has total development potential of up to five million square feet. The project is anticipated to include multifamily residential units, research and lab space, and community-oriented ground-floor neighborhood retail uses. The pedestrian-oriented district will be defined by a highly walkable retail corridor, an extensive green open space network connecting Fresh Pond and Alewife Brook Reservation, and publicly beneficial infrastructure, including a pedestrian bridge to connect the community directly to the MBTA red line with a short ride to Kendall Square and South Station. 'We are thrilled to welcome Hines as a key partner in realizing our long-term vision for Cambridge Point,' shared Kelvin Moses, Healthpeak's Chief Financial Officer. He continued, 'Hines' reputation of delivering exceptional mixed-use and residential communities in urban centers aligns seamlessly with our commitment to quality and community impact. At Healthpeak, our real estate advances health and innovation—and with approximately 60 million square feet under management nationwide, we're deepening our investment in Cambridge with a long-term vision of contributing to a vibrant, mixed-use district.' 'Hines has a deep-rooted history in the Boston area, including our work at Fuse Cambridge in Alewife, and we're proud to partner with Healthpeak to continue shaping the community's built environment,' said Sarah Hawkins, Senior Managing Director and head of Hines' U.S. East market. 'Our goal is to deliver housing that will integrate innovation, intentional design, and a robust sense of place, reflecting the values of Cambridge for generations.' Hines has been invested in the Greater Boston market for over 40 years, with nearly $3 billion in existing properties and active developments, including the approximately two million square feet mixed-use project, South Station Tower, along with multiple multifamily and industrial developments. Cambridge Point represents the final large-scale development opportunity in Cambridge. It builds on Healthpeak's existing footprint in the region, where the company is already the largest commercial property owner in West Cambridge. The district is uniquely positioned to serve as a new gateway to Greater Boston's life sciences ecosystem, combining research, residential, and retail uses into one cohesive, transit-oriented environment. The master plan is expected to be built over multiple phases, including more than seven acres of publicly beneficial open space, streetscape improvements, active retail corridors, and green building strategies in alignment with Healthpeak's corporate responsibility objectives. 'Cambridge Point aligns Healthpeak's core values through community development—it's about shaping a place where people can live healthy lives, establish connections, innovate, and thrive,' said Scott Bohn, Chief Development Officer and Head of Lab at Healthpeak. 'Through our collaboration with Hines, we can contribute positively to the neighborhood in ways that reflect the values of the Cambridge community and support its ongoing growth as a global hub for innovation and discovery.' ABOUT HEALTHPEAK PROPERTIES Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery. For more information regarding Healthpeak, visit ABOUT HINES Hines is a leading global real estate investment manager. We own and operate $90.1 billion¹ of assets across property types and on behalf of a diverse group of institutional and private wealth clients. Every day, our 5,000 employees in 30 countries draw on our 68-year history to build the world forward by investing in, developing, and managing some of the world's best real estate. To learn more, visit and follow @Hines on social media. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2024.
Yahoo
03-04-2025
- Business
- Yahoo
Healthpeak Properties Announces First Quarter 2025 Earnings Release Date and Conference Call Details
DENVER, April 03, 2025--(BUSINESS WIRE)--Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, is scheduled to report first quarter 2025 financial results after the close of trading on the New York Stock Exchange on Thursday, April 24, 2025. Healthpeak will host a conference call and webcast on Friday, April 25, 2025, at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) to review its financial performance and operating results. The conference call can be accessed in the following ways: Healthpeak's website: Webcast: Joining via webcast is recommended for those who will not be asking questions. Telephone: The participant dial-in number is (800) 715-9871. An archive of the webcast will be available on Healthpeak's website through April 24, 2026, and a telephonic replay can be accessed through May 2, 2025, by dialing (800) 770-2030 and entering conference ID number 95156. ABOUT HEALTHPEAK PROPERTIES Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. For more information regarding Healthpeak, visit View source version on Contacts Andrew Johns, CFASenior Vice President – Investor Relations720-428-5400 Sign in to access your portfolio
