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Scott Brinker

President & CEO of Healthpeak Properties · Healthpeak Properties

Merged Healthpeak with Physicians Realty Trust to create the largest pure-play healthcare REIT focused on outpatient medical offices and life science facilities.

Scott Brinker serves as President and CEO of Healthpeak Properties, a healthcare-focused real estate investment trust that was significantly strengthened by its 2024 merger with Physicians Realty Trust. The combined company is the largest pure-play healthcare REIT focused on outpatient medical offices and life science real estate in the United States. Healthpeak's portfolio is concentrated in two high-conviction property types: outpatient medical offices (located on or adjacent to major hospital campuses, where structural demand is growing as healthcare shifts from inpatient to outpatient settings) and life science facilities (laboratory and research buildings in premier biotech clusters including South San Francisco, San Diego, Boston/Cambridge, and the Research Triangle). The company exited its senior housing segment to focus entirely on these two categories. The healthcare real estate thesis is compelling: an aging U.S. population drives increasing healthcare utilization, the outpatient shift creates demand for modern medical office facilities, and the biotech industry's growth fuels life science space demand. However, the life science segment has faced headwinds from biotech funding slowdowns and sublease supply. Key stock drivers include occupancy rates, rental rate growth, life science supply/demand dynamics, interest rates (critical for REITs), new development pipeline, and biotech venture funding trends.

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