Healthpeak Properties, Inc. · NYSE:DOC
Healthpeak Properties — Investor Presentation (November 2020)
12 slides from Healthpeak Properties's investor presentation, Nov 9, 2020
Slide 1: Investor Presentation Healthpeak Properties November 9, 2020
Investor Presentation Healthpeak Properties November 9, 2020 200 Cambridge Discovery Park Boston, MA
Slide 2: Disclaimers and Forward-Looking Statements
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: Third Quarter and Recent Highlights
Third Quarter and Recent Highlights (1) Investor Presentation - November 2020 3 Earnings Senior Housing Dispositions Life Science and Medical Office Acquisitions Active Development FFO as Adjusted of $0.40 per share | Blended YOY Same - Store Cash NOI results of 2.8% In various stages on the sales o
Slide 4: Cambridge Discovery Park Acquisition Overview
Investor Presentation - November 2020 4 200 Cambridge Discovery Park Boston, MA Acquisition Overview (Binding Contract) ■ Highly strategic location within walking distance of Healthpeak’s CambridgePark Drive campus □ Located on a 27 - acre master planned development that offers a campus feel in an a
Slide 5: West Cambridge Submarket
West Cambridge Submarket Investor Presentation - November 2020 5 TO LEXINGTON Including Cambridge Discovery Park, Healthpeak will control nearly two - thirds of a 1.5 million sq. ft. transit - oriented submarket proximate to Route 2 & Alewife Discovery Park 101 CPD 35 CPD 87 CPD
Slide 6: 101 CambridgePark Drive Development Overview
Investor Presentation - November 2020 6 Development Overview ■ 159K square foot, five - story class A laboratory building with estimated total spend of $174M ■ Located in West Cambridge submarket of Boston, MA ■ Creates a 450K square foot campus in West Cambridge when considered with Healthpeak’s ho
Slide 7: Professional Center II Acquisition Overview
Investor Presentation - November 2020 7 Professional Center II Indianapolis, IN Acquisition Overview (Closed) ■ Primarily on - campus portfolio with 6 of the 7 properties located on - campus with a physical connection to the host hospital ■ Strong tenant base with 77% leased to investment grade heal
Slide 8: South San Francisco Land Acquisition Overview
Investor Presentation - November 2020 8 Acquisition Overview (Binding Contract) ■ When combined with Healthpeak’s Forbes and Modular Labs III sites, it could allow for a campus with an estimated minimum size of approximately 1M square feet over 20 acres ■ Better positions Healthpeak as tenants grow
Slide 9: Life Science Land Bank & Entitlements
Life Science Land Bank & Entitlements ■ Land bank is comprised of sites located in the life science markets of San Francisco and San Diego ■ Plan to strategically activate land bank over time as leasing progress and market conditions warrant Key Future Life Science Development Opportunities Entitled
Slide 10: Portfolio Enhancement and Growth through Densification Opportunities
Portfolio Enhancement and Growth through Densification Opportunities 10 Investor Presentation - November 2020 In addition to our land bank, we have the ability to densify existing campuses due to excess land and FAR, providing a decade pl us of development opportunities on core campuses that we can
Slide 11: Transaction Adjustments Since Last Quarter
Transaction Adjustments Since Last Quarter Transaction August 5, 2020 Outlook (1) Closed (7/1 - 11/1) New Acquisitions November 2, 2020 Outlook Equity forwards $1,062 $- $- $1,062 Dispositions (2) 275 115 - 390 Assumed debt (3) - - 30 30 Revolver draw / (paydown) (37) 85 775 823 Total Sources $1,300
Slide 12: Healthpeak Properties
— ye Healthpeak PROPERTIES
Healthpeak Properties — Investor Presentation (November 2020) on 6ix