No Longer Reporting
The company has not filed an annual or quarterly report since its FY2023 10-K, filed Feb 22, 2024. Its latest SEC filing is a 424B5 from Aug 7, 2025.
10-K for FY2023, filed Feb 22, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Owns and leases outpatient medical facilities and other health care properties to physicians, hospitals and health care systems.
10-K for FY2023, filed Feb 22, 2024
We invest in real estate that is integral to providing high-quality health care services. Our properties are typically located on a campus…View ↗
We intend to grow our portfolio of high-quality health care properties leased to physicians, hospitals, health care delivery systems, and…View ↗
How Did They Make Money?
Health care providers pay rent to lease space in its properties; leases commonly include rent increases over time.
10-K for FY2023, filed Feb 22, 2024
We receive a cash rental stream from health care providers under our leases. Approximately 93% of the annualized base rent payments from…View ↗
We seek to structure our leases to generate attractive returns on a long-term basis. Our leases typically have initial terms of 5 to 15…View ↗
FY2023
$543.5M
10-K for FY2023, filed Feb 23, 2024
Revenue, FY2023
$543.5M ↗
revenue
Who Were Their Customers?
Health care systems, hospitals and physician groups are tenants in its properties, leasing space from the company.
10-K for FY2023, filed Feb 22, 2024
We intend to grow our portfolio of high-quality health care properties leased to physicians, hospitals, health care delivery systems, and…View ↗
We seek to invest in properties occupied by health care systems with dominant market shares and high credit quality, especially those who…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 8 cents of every revenue dollar as net income in FY2023.
10-K for FY2023, filed Feb 23, 2024
Net income, FY2023
$43.8M
10-K for FY2023, filed Feb 23, 2024
8% of revenue
▼ −60%
vs FY2022 ($110M, 21%)
How Were They Changing?
Since the FY2023 annual report
Mar 1, 2024
Healthpeak completed its merger with Physicians Realty
DOC DR Holdco assumed Physicians Realty Trust’s obligations under its senior notes, and Healthpeak and Healthpeak OP guaranteed them.
8-K, filed Mar 1, 2024
In connection with the Mergers, on the Closing Date, DOC DR Holdco (as successor to Physicians Realty Trust), DOC DR OP Sub (as successor…View ↗
Grew.
Revenue grew 31% in 4 years, from $415.3M in FY2019 to $543.5M in FY2023, about 7% a year.
10-K for FY2021, filed Feb 24, 2022
10-K for FY2023, filed Feb 23, 2024