Healthpeak Properties, Inc. · NYSE:DOC
Healthpeak Properties — Investor Presentation (September 2020)
13 slides from Healthpeak Properties's investor presentation, Sep 3, 2020
Slide 1: Investor Presentation Healthpeak Properties September 3, 2020
Investor Presentation Healthpeak Properties September 3, 2020 The Post Boston, MA
Slide 2: Disclaimers
Disclaimers This Healthpeak Properties, Inc . (the “Company”) presentation is solely for your information, is subject to change and speaks only as of the date hereof . This presentation is not complete and is only a summary of the more detailed information included elsewhere, including in our Securi
Slide 3: Introduction to Healthpeak
Introduction to Healthpeak The Cove San Francisco, CA
Slide 4: Healthpeak at a Glance
5.4% DIVIDEND YIELD (2) Healthpeak Properties Other Public REIT s Other owners of healthcare real estate Total Addressable U.S. Healthcare Real Estate Market (4) SH NNN 9% SHOP 9% CCRC 11% Life Science 36% Medical Office 30% Other 5% Healthpeak’s Portfolio Income (5) Healthpeak at a Glance Key Stati
Slide 5: Seasoned Leadership Team
Seasoned Leadership Team Tom Herzog Chief Executive Officer Joined June 2016 Tom Klaritch Chief Development and Operating Officer Joined October 2003 Lisa Alonso Chief Human Resources Officer Joined November 2014 Investor Presentation - September 3, 2020 Scott Brinker President and Chief Investment
Slide 6: Focused, High-Quality Real Estate Portfolio
Focused, High - Quality Real Estate Portfolio We are well - positioned to serve the aging baby boomer demographic and capture growth Investor Presentation - September 3, 2020 Long - term demographics support growth in our three primary asset classes: Life Science, Medical Office and Senior Housing T
Slide 7: Healthpeak's Premier Real Estate Portfolio
Healthpeak’s Premier Real Estate Portfolio Nine strategic campuses / portfolios represent ~30% of total company Cash NOI (1) Investor Presentation - September 3, 2020 Life Science Medical Office Senior Housing Hayden Research Campus | Boston, MA | Value - Add / Dev. The Cove at Oyster Point | San Fr
Slide 8: Active Development Pipeline
Total Cost to Remaining Percent Est. Initial Costs ($M) Date ($M) (2) Costs ($M) Leased Occupancy Ridgeview San Diego $18 $16 $2 81 SF 100% 4Q 2020 The Shore Ph. I San Francisco $98 $88 $10 92 SF 100% 4Q 2020 75 Hayden Boston $160 $98 $62 214 SF 100% 4Q 2020 The Boardwalk (3) San Diego $164 $66 $99
Slide 9: Balance Sheet and Liquidity
$14 $63 $23 $397 $1,407 $1,375 $757 $36 $70 $652 $752 $617 $399 $- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Thereafter Senior Unsecured Notes Secured Debt Unsecured Term Loan Revolver / CP Revolver Capacity $300M Redemption (1)
Slide 10: Recent Updates
Recent Updates Aegis Dana Point Dana Point, CA
Slide 11: 2Q 2020 and Recent Highlights
2Q 2020 and Recent Highlights (1) Investor Presentation - September 3, 2020 2Q 2020 ■ Earnings □ FFO as Adjusted of $0.40 per share and blended year - over - year Same - Store Cash NOI results of (2.2%) ▪ MOB +1.3% ▪ Life Science +7.3% ▪ Senior Housing (21.2%) ▪ Other +2.9% □ Net Debt to Adjusted EB
Slide 12: August 2020 Preliminary Updates (Life Science, Medical Office and Hospitals)
August 2020 Preliminary Updates (Life Science, Medical Office and Hospitals) Investor Presentation - September 3, 2020 12 Indicator As of, or for the month ended, August 31, 2020, unless otherwise noted Commentary Life Science Occupancy • 96.6% • Up 30 bps since July 31 driven by new lease starts Au
Slide 13: August 2020 Preliminary Updates (Senior Housing)
August 2020 Preliminary Updates (Senior Housing) (1) Properties that are held for sale, in redevelopment or in development are excluded from reporting statistics. (2) Move - in and move - out data excludes skilled nursing beds given the Medicare residents usually have lengths of stay of 30 days or l
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