The company was founded in 1985 with 2 acute care hospitals and 22 skilled nursing facilities.[2]
In 1985, the company became a public company via an initial public offering.[3]
Effective September 2007, the company changed its name from Health Care Property Investors, Inc. to HCP, Inc.[2]
In March 2008, the company was added to the S&P 500 Index.[4]
In October 2016, the company completed the corporate spin-off of Quality Care Properties.[3]
In October 2019, the company restructured its joint venture with Brookdale Senior Living.[5] The company also changed its name to Healthpeak Properties, Inc. and ticker symbol from "HCP" to "PEAK" effective November 5, 2019.[6]
In November 2020, the company announced they chose Denver for their new HQ, over Dallas and Nashville.[7]
In March 2024, the company closed its all-stock merger of equals valued at approximately $21 billion with Physicians Realty Trust. Also, the ticker symbol for the company changed from "PEAK" to "DOC" effective March 4, 2024.[8] Healthpeak Properties also obtained a five-year, $750 million unsecured term loan with $210 in Physicians Realty Trust private placement notes to support its development. In addition, the company entered into a swap agreement to lock in an interest rate of 4.5% for the life of the loan.
The Healthpeak Properties Board of Directors has added five new members from the Physicians Realty Trust Board of Directors: John Thomas, Ava Lias-Booker, Pamela Kessler, Governor Tommy Thompson, Richard Weiss.[9]