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Exhibit 99.1 Healthpeak Reports Third Quarter 2021 Results DENVER , November 2 , 2021 - Healthpeak Properties , Inc. ( NYSE : PEAK ) today announced results for the third quarter ended September 30 , 2021 . THIRD QUARTER 2021 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS Net income of $ 0.10 per share , Nareit FFO of $ 0.36 per share , FFO as Adjusted of $ 0.40 per share , and blended Total Same - Store Portfolio Cash ( Adjusted ) NOI growth of 3.2 % • Life Science and MOB Same - Store Portfolio Cash ( Adjusted ) NOI growth of 6.8 % and 2.9 % , respectively Total pro forma Same - Store Portfolio Cash ( Adjusted ) NOI growth of 4.1 % excluding government grants received under the CARES Act at our CCRC properties Announced $ 782 million of new acquisitions : " " Through a series of eight separate transactions , and $ 625 million of initial investment , assembled 36 acres of income - producing properties and covered land plays in the Alewife submarket of West Cambridge to support significant future life science development activity over the next decade or more Acquired a five acre covered land play in the Sorrento Mesa submarket of San Diego for $ 20 million to further strengthen our sizable position in the submarket and support future development $ 137 million of new on - campus MOB acquisitions Life science development leasing : " Signed 178,000 square feet of new leases at our active developments , including 36,000 square feet at The Shore at Sierra Point Phase II , bringing the project to 100 % pre - leased , and 142,000 square feet at 101 CambridgePark Drive , bringing the project to 88 % pre - leased Active life science developments 87 % pre - leased as of the end of the third quarter New life science development start : • Commenced construction on the first phase of Vantage , a 343,000 square foot Class A life science development in South San Francisco Closed the final $ 149 million of senior housing dispositions , bringing total sales proceeds to $ 4 billion since July 2020 Balance sheet : • In September , closed on an upsized $ 3 billion revolving credit facility , extending maturity to 2026 " Sold 9.1 million shares of common stock under our ATM equity program on a forward basis , which is expected to result in net proceeds of approximately $ 320 million • Net debt to adjusted EBITDAre of 5.0x as of September 30 , 2021 The Board of Directors declared a quarterly common stock cash dividend of $ 0.30 per share to be paid on November 19 , 2021 , to stockholders of record as of the close of business on November 8 , 2021 Received the Green Star designation from GRESB and named a constituent in the FTSE4Good Index , each for the tenth consecutive year ; short - listed by IR Magazine for the Corporate Governance Awards - Best Proxy Statement for the second consecutive year Page 1