Quarterly ResultMay 5, 2026, 04:23 PM
Healthpeak Properties Raises 2026 Guidance; Q1 EPS $0.28
AI Summary
Healthpeak Properties, Inc. announced strong financial results for the first quarter ended March 31, 2026, reporting diluted net income of $0.28 per share and FFO as Adjusted of $0.45 per share. The company raised its full-year 2026 earnings guidance following the successful initial public offering of Janus Living, Inc., which generated approximately $880 million in net proceeds. Healthpeak also completed $714 million in senior housing acquisitions, recapitalized an outpatient medical portfolio for $170 million, and repurchased $100 million of common shares.
Key Highlights
- Q1 diluted net income was $0.28 per share.
- Q1 FFO as Adjusted was $0.45 per share.
- Janus Living IPO generated approximately $880 million in net proceeds.
- Healthpeak owns 81.6% equity in Janus Living.
- Acquired $714 million in senior housing properties across 25 communities.
- Recapitalized an outpatient medical portfolio, generating $170 million in proceeds.
- Repurchased 5.9 million common shares for approximately $100 million.
- Raised 2026 diluted EPS guidance to $0.46-$0.50 from $0.34-$0.38.