Healthpeak Properties continued its substantial exit from rental senior housing in the second quarter, as well as a strategic acquisition and development pipeline across all of its business segments, CEO Thomas Herzog said Wednesday during a second-quarter earnings call, McKnight’s Senior Living reports.
Herzog said the Denver-based real estate investment trust is down to its final $150 million of rental senior housing sales, which are all under binding contracts. The sales continue the REIT’s progress on its planned exit from senior housing, other than continuing care retirement communities.
Healthpeak has grossed $3.8 billion on closed sales in senior housing since July. Read more.
