DOC · 10-Q · 2026Q3 · Full report

Transaction Cost Trends

HEALTHPEAK PROPERTIES, INC. · 2026-11-03 · Importance 71 · Surprise 82

Transaction costs rose $7.3 million year over year to $9.7 million for the third quarter of 2026 and increased $24.9 million to $43.1 million for the first nine months. Third-quarter increases reflected investment pursuit costs and transition costs associated with senior housing operators. The nine-month increase also reflected costs incurred for the Janus Living IPO.

Key facts

• For the nine months ended September 30, 2026, transaction costs increased by $24.890 million to $43.059 million, primarily because of costs incurred for the Janus Living IPO. source
• Healthpeak’s transaction costs increased due to investment pursuit costs and transition costs associated with senior housing operators. source
• Net income for the nine months ended September 30, 2026 was partly offset by increased transaction costs for investment pursuit, senior housing operator transitions, and the Janus Living IPO. source