FAQs

General FAQs

1. When was Healthpeak organized?

Healthpeak is a Maryland corporation organized in March of 1985 for the purpose of qualifying as a real estate investment trust, or REIT.

2. When does Healthpeak's fiscal year end?

Our fiscal year ends every year on December 31st.

3. How can I receive a copy of recent Healthpeak information?

To view or download our latest annual reports, a 10-Q, 10-K or other SEC filings, please visit our Investor Relations page.

4. Can I receive email alerts from Healthpeak?

Yes. To sign up for email alerts on company events, SEC filings, press releases and closing stock price information, click on Investor Resources or Contact Us.

5. If I still have questions, whom should I contact?

Registered holders (persons holding shares directly registered with EQ Shareowner Services or held in stock certificate form) with questions about their statements, dividend payments, registration changes, lost stock certificates, stock holdings or related matters should contact EQ Shareowner Services, at 800-468-9716. Beneficial shareholders (persons holding shares through their broker) should contact their respective brokers on all matters.

For all other inquiries please email Investor Relations at investorrelations@healthpeak.com

Name Change FAQs

1. What is the official new company name?

We changed our corporate name from HCP, Inc. to Healthpeak Properties, Inc. on October 30, 2019.  Although our name has changed, we remain the same legal entity as before.

2. When does the name change take effect?

Our name change became effective on October 30, 2019 for all purposes other than trading on the New York Stock Exchange.  We will begin trading under our new name and ticker symbol, “PEAK,” on the New York Stock Exchange at the opening of trading on November 5, 2019.

3. How does this change impact stockholders? Can I still trade my shares of HCP, Inc. common stock?

This change does not impact stockholders.  Our stock will automatically begin trading under our new name and ticker symbol on November 5, 2019.  Our new name and logo will appear on your share statements, dividend checks and other communications from us going forward.

If you hold physical stock certificates for your shares, the stock certificates will remain valid and you are not required to submit for new certificates due to the corporate name change.  However, you do have the option of requesting new certificates reflecting the new name by contacting our stock transfer agent, EQ Shareowner Services at 800-486-9716 or online at www.shareowneronline.com.

4. How does this change affect relationships with vendors, operators and other counterparties?

The name change does not affect relationships with vendors, operators and other counterparties. Our company is still the same legal entity, so all of our outstanding agreements and obligations continue with full force and effect.  If you do business with us and have questions about how the name change may affect you, please reach out to your typical contact person at our company or contact Investor Relations at investorrelations@healthpeak.com

5. Is the website changing?

Yes! Our new website is www.healthpeak.com.  We revamped our website in connection with our rebranding and encourage you to take a look to find out more about our strategy, portfolio, management team and corporate responsibility. You can access our Investor Relations page directly at ir.healthpeak.com.

6. Will I still be able to access documents and information published before the name change?

Yes.  You will have the same access to documents and information published before the name change on our new website, www.healthpeak.com.

REIT-Related FAQs

1. What is a REIT?

REITs - or Real Estate Investment Trusts - are corporations that combine the capital of many investors to acquire or provide financing for income producing real estate. A corporation must meet several requirements in order to qualify as a REIT but one of the most important is that it must distribute at least 90 percent of its taxable income, excluding capital gains, to its shareholders annually. When a corporation elects REIT status, then it is permitted to deduct dividends paid to its shareholders from its federal tax bill. For additional information about REITS, please visit our industry trade association’s website at www.nareit.org.

2. What are Healthcare REITs?

Healthcare REITs invest in healthcare-related properties such as senior housing facilities, medical office buildings, life science laboratory office space, hospitals and skilled nursing facilities. Healthcare REITs do not provide healthcare services since healthcare REITs cannot typically operate the properties they own.

3. What makes a publicly-traded REIT attractive to investors?

Access/Affordability: REITs allow everyday investors to invest in income-producing real estate by purchasing shares in a REIT rather than making the large capital investments typically required to purchase real estate. Investors can determine the level of their investment by adjusting the number of shares they purchase and hold.

Corporate Governance/Disclosure Obligations: REITs that have securities registered with the SEC and that are listed on a major securities exchange such as the NYSE are subject to SEC and NYSE rules and regular disclosure obligations. These obligations include quarterly and yearly financial reporting that provide a valuable source of information for investors.

Liquidity: Shares of publicly traded REITs are readily convertible to cash because they are traded on public exchanges similar to the stocks of other listed companies.

Operational Oversight: Independent directors, independent financial analysts, independent auditors and the business and financial media monitor a publicly-traded REIT’s financial reporting on a regular basis. This scrutiny provides investors with a measure of protection and more than one barometer of the REIT’s financial condition.

Professional Management: REIT managers are typically skilled, experienced, real estate professionals. A successful management team is one that is able to quickly and effectively reinvest available cash flows, consistently complete new projects on time and within budget, and develop strategies for developing new revenue opportunities.

Portfolio Diversification: Real estate can help minimize risk by providing added diversification to an existing investment portfolio. Moreover, an investment in a REIT can represent an investment that is diversified across a range of real estate properties in a variety of geographic locations.

Total Return Opportunity: REITs typically provide both attractive dividend income and the potential to realize long-term capital appreciation. There can be no assurances that investors in HCP will reap any or all of these advantages.

Stock-Related FAQs

1. On which exchange are Healthpeak’s common stock traded?

Our common stock trades on the New York Stock Exchange (NYSE: HCP, to be updated to NYSE: PEAK effective November 5, 2019).

2. How frequently does Healthpeak pay a dividend on its stock?

To date, our Board of Directors has authorized the payment of quarterly cash dividends on our common stock. There can be no assurance that these cash dividends will be paid in the future.

3. What is Healthpeak’s current common stock dividend?

Please see our Stock and Dividend page.

4. What is the tax treatment of Healthpeak common stock dividends?

Healthpeak calculates the tax treatment of its common stock dividends based on its operations during the tax year. This tax treatment is reflected on the stockholder’s Form 1099 and is announced in a press release early each year. For a breakdown of common stock dividend tax treatment see our Stock and Dividend page.

5. Will dividend income be reported on a Form 1099?

Dividend income paid on Healthpeak common stock will be reported to both the stockholder and the IRS. If stock is held in a direct registration account or via a stock certificate, your Form 1099 will be mailed out by the transfer agent. If you have questions regarding your Form 1099 please contact EQ Shareowner Services at 800-468-9716. If stock is held in a brokerage account, your Form 1099 will be prepared and mailed out by your broker. Any information or questions regarding your Form 1099 should be directed to your broker.

6. How does Healthpeak’s Dividend Reinvestment and Stock Purchase Plan (DRIP) work?

Healthpeak’s DRIP is designed to provide participants with a convenient and economical method to reinvest all or a portion of their dividends and purchase shares of our common stock. The DRIP is available to both existing stockholders and individual investors wishing to make an initial investment. There are no fees or brokerage commissions on purchases and we will bear the expenses for open market purchases.

If you are interested in investing through the DRIP or finding out more details, please read the information available, including the plan prospectus, on our Stock and Dividend page.

This is neither an offer to sell, nor a solicitation of an offer to buy, any security. Such offer may only be made by means of a prospectus. Please read the prospectus carefully before making any investment. Information contained on our website is not incorporated by reference into the prospectus.

7. How do I replace a lost stock certificate?

You may request affidavit forms for lost stock certificates from EQ Shareowner Services which charges a replacement fee. Stockholders should direct questions relating to the replacement of lost stock certificates to EQ Shareowner Services at 800-468-9716.