
Healthpeak Properties, Inc. (DOC), headquartered in Denver, Colorado, owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. Valued at $14.94 billion by market cap, the company owns and develops healthcare real estate for Lab, Outpatient Medical, and CCRC tenants. It has over $20 billion of owned real estate.
The leading healthcare REIT have underperformed the broader market considerably over the past year. DOC has gained 1.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.2%. In 2024 alone, DOC stock is up 8.1%, while the SPX is up 11.5% on a YTD basis.