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Healthpeak Properties Inc (PEAK) Q1 2021 Earnings Call Transcript


Operator
Good morning, and welcome to the Healthpeak Properties, Inc. First Quarter Conference Call. [Operator Instructions] [Operator Instructions]
I would now like to turn the conference over to Andrew Johns, Vice President, Corporate Finance and Investor Relations. Please go ahead.
Andrew Johns
Vice President-Corporate Finance and Investor Relations
Thank you, and welcome to Healthcare s First Quarter 2021 Financial Results Conference Call. Today s conference call will contain certain forward-looking statements. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, our forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our expectations. A discussion of risks and risk factors included in our press release are detailed in our filings with the SEC. We do not undertake a duty to update any forward-looking statements. ....

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Healthpeak Reports First Quarter 2021 Results


Healthpeak Reports First Quarter 2021 Results
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DENVER, May 4, 2021 /PRNewswire/  Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the first quarter ended March 31, 2021.
FIRST QUARTER 2021 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS
–      Net income of $0.27 per share, NAREIT FFO of $0.07 per share, FFO as Adjusted of $0.40 per share and blended Total Same-Store Portfolio Cash (Adjusted) NOI growth of 4.3%
–      From our February 9, 2021 earnings release through April 30, 2021, closed on an additional $1 billion of senior housing sales including 31 SHOP assets at a blended 2.6% annualized trailing 3-month cap rate
$564 million sale of a 12-property SHOP portfolio, totaling 1,043 units, operated by Oakmont Senior Living ....

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