Healthpeak Properties reports that it sees varying amounts of risk from the COVID-19 outbreak across its business segments, according to a presentation posted Monday on the company’s website. Company executives categorized its medical office building, life science and hospital segments at lower financial risk and its senior housing operating properties at an increased risk. Its triple-net senior housing and continuing care retirement communities are at moderate risk, the company said.
Healthpeak’s senior housing operating portfolio accounts for 15% of the company’s pro forma portfolio income, CCRCs account for 11% and triple-net leased properties account for 7%; life science makes up 31% of its pro forma portfolio income, medical office 29%, and hospital 6%.
“When the extent and timing of the outbreak becomes more clear, and we are then in a position to estimate the impact, we will make additional disclosures and update our guidance as appropriate,” the real estate investment trust said.