10 Best Performing Real Estate Stocks to Buy According to Analysts

8. Healthpeak Properties, Inc. (NYSE:DOC)

Average Upside Potential: 17.02%

Gain Over Past 1 Year: 20.31%

Number of Hedge Fund Holders: 37

Healthpeak Properties, Inc. (NYSE:DOC) is a real estate investment trust and S&P 500 company that invests in assets serving the US healthcare industry. The REIT is an owner, operator and developer of real estate focused on healthcare discovery and delivery. Healthpeak Properties has a diversified portfolio of healthcare properties across three core asset classes of Lab, Outpatient Medical, and continuing care retirement community (CCRC) real estate.

Healthpeak Properties, Inc. (NYSE:DOC) remains uniquely positioned. The REIT boasts a high-quality Outpatient Medical portfolio affiliated with leading health systems. In this regard, the Outpatient fundamentals have improved over the past five years thereby driving higher occupancy and rent growth. At the same time, the REIT continues to outperform the broader Lab market and has a highly differentiated 15-property senior housing portfolio with more than 7,000 units. Senior Housing fundamentals are also strong due to an aging population.

Healthpeak has been executing well, with its double-digit earnings growth over the last three years. The REIT experienced a record year of leasing in 2024 with more than 8 million square feet of executions across Outpatient Medical and Lab. Simultaneously, the firm achieved nearly $50 million of merger-related synergies during the year while completing property management internalization in 14 markets totaling over 19 million square feet.