Healthpeak Properties owns healthcare-related real estate, including medical office buildings, life science laboratory space and senior housing properties, one of the larger healthcare real estate investment trusts. As a real estate investment trust, the company distributes most of its taxable income to shareholders as dividends, generating revenue from rental income across its portfolio of healthcare-related properties. Its life science laboratory space business leases specialized lab facilities to biotechnology and pharmaceutical research companies, giving Healthpeak exposure to life sciences research and development activity alongside its more traditional medical office and senior housing real estate. The company's rental income and property values are tied to healthcare industry real estate demand, biotechnology research funding trends affecting its lab space tenants, and demographic aging trends supporting demand for medical office and senior housing properties.