Healthpeak Properties is a self-administered real estate investment trust that invests directly or through joint ventures in private-pay healthcare facilities in the United States. Prior to the merger, the company's portfolio consists of 477 properties and 18 development and redevelopment projects at year-end 2023. Its assets include life science facilities, medical office buildings, small regional hospitals and medical centers, and continuing care retirement communities (CCRC). About 64% of assets are outpatient medical offices with approximately 22% located in Texas. The CCRC segment includes 15 high-end independent living, assisted-living, and skilled nursing facilities. Portfolio income i