<SEC-DOCUMENT>0001104659-20-072046.txt : 20200610
<SEC-HEADER>0001104659-20-072046.hdr.sgml : 20200610
<ACCEPTANCE-DATETIME>20200610165108
ACCESSION NUMBER:		0001104659-20-072046
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20200609
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200610
DATE AS OF CHANGE:		20200610

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HEALTHPEAK PROPERTIES, INC.
		CENTRAL INDEX KEY:			0000765880
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330091377
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08895
		FILM NUMBER:		20955254

	BUSINESS ADDRESS:	
		STREET 1:		1920 MAIN STREET
		STREET 2:		SUITE 1200
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614
		BUSINESS PHONE:		949-407-0700

	MAIL ADDRESS:	
		STREET 1:		1920 MAIN STREET
		STREET 2:		SUITE 1200
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HCP, INC.
		DATE OF NAME CHANGE:	20070911

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEALTH CARE PROPERTY INVESTORS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tm2012075d6_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:us-gaap="http://fasb.org/us-gaap/2019-01-31" xmlns:us-roles="http://fasb.org/us-roles/2019-01-31" xmlns:country="http://xbrl.sec.gov/country/2017-01-31" xmlns:srt="http://fasb.org/srt/2019-01-31" xmlns:hcp="http://hcpi.com/20191121">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html" /></head>
<!-- Field: Set; Name: xdx; ID: xdx_021_US%2DGAAP%2D2019 -->
<!-- Field: Set; Name: xdx; ID: xdx_03F_hcp_hcpi.com_20191121 -->
<!-- Field: Set; Name: xdx; ID: xdx_049_20200608_20200609 -->
<!-- Field: Set; Name: xdx; ID: xdx_05B_edei%2D%2DEntityCentralIndexKey_0000765880 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
  <ix:hidden>
    <ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityCentralIndexKey">0000765880</ix:nonNumeric>
    <ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt:booleanfalse" name="dei:AmendmentFlag">false</ix:nonNumeric>
    </ix:hidden>
  <ix:references>
    <link:schemaRef xlink:href="hcp-20191121.xsd" xlink:type="simple" />
    </ix:references>
  <ix:resources>
    <xbrli:context id="From2020-06-08to2020-06-09">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000765880</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-06-08</xbrli:startDate>
        <xbrli:endDate>2020-06-09</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    </ix:resources>
  </ix:header>
</div>


<p style="margin: 0"></p>

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><div style="border-top: Black 2pt solid; border-bottom: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 6.5in">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES<br />
SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"><span style="text-transform: uppercase"><b>Washington</b></span><b>,
D.C. 20549</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b></b></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>FORM <span id="xdx_90D_edei--DocumentType_c20200608__20200609_z1k3oB6ZXUeh"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b></b></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT<br />
</b><span style="font-size: 10pt">Pursuant to Section&#160;13 or 15(d)<br />
of the Securities Exchange Act of 1934</span><b><br />
</b><span style="font-size: 10pt">Date of Report (Date of earliest event reported): <span id="xdx_90F_edei--DocumentPeriodEndDate_c20200608__20200609_zbZRhHyKXEJ3"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">June 9, 2020</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 1.5in">&#160;</p>

<p style="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span id="xdx_900_edei--EntityRegistrantName_c20200608__20200609_zZfRJahgyemk"><b><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityRegistrantName">Healthpeak Properties, Inc.</ix:nonNumeric></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Exact Name of Registrant as Specified
in its Charter)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b></b></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="text-align: center; width: 33%"><span style="font-size: 10pt"><b><span id="xdx_90C_edei--EntityIncorporationStateCountryCode_c20200608__20200609_zqcakJQrTJ69"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode">Maryland</ix:nonNumeric></span></b></span></td>
    <td style="text-align: center; width: 34%"><span style="font-size: 10pt"><b><span id="xdx_90C_edei--EntityFileNumber_c20200608__20200609_zBeKcPCUH8l4"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityFileNumber">001-08895</ix:nonNumeric></span></b></span></td>
    <td style="text-align: center; width: 33%"><span style="font-size: 10pt"><b><span id="xdx_900_edei--EntityTaxIdentificationNumber_c20200608__20200609_z7qMvVWuv8T2"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityTaxIdentificationNumber">33-0091377</ix:nonNumeric></span></b></span></td></tr>
<tr style="vertical-align: top">
    <td><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(State or other Jurisdiction<br />
 of
        Incorporation)</b></p></td>
    <td><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Commission</b></p>
        <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>File Number)</b></p></td>
    <td><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(I.R.S. Employer</b></p>
        <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Identification No.)</b></p></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b><span id="xdx_90A_edei--EntityAddressAddressLine1_c20200608__20200609_zzje8uTGMuqh"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityAddressAddressLine1">1920 Main Street</ix:nonNumeric></span>, <span id="xdx_906_edei--EntityAddressAddressLine2_c20200608__20200609_z27UICem9kXg"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityAddressAddressLine2">Suite 1200</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b><span id="xdx_90C_edei--EntityAddressCityOrTown_c20200608__20200609_zbpJVeHT158j"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityAddressCityOrTown">Irvine</ix:nonNumeric></span>, <span id="xdx_90B_edei--EntityAddressStateOrProvince_c20200608__20200609_zT2cayzWT2a7"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityAddressStateOrProvince">CA</ix:nonNumeric></span> <span id="xdx_904_edei--EntityAddressPostalZipCode_c20200608__20200609_zkw7w6KE6YH6"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:EntityAddressPostalZipCode">92614</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Address of principal executive offices)
(Zip Code)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(<span id="xdx_90C_edei--CityAreaCode_c20200608__20200609_zbP76o80hv0a"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:CityAreaCode">949</ix:nonNumeric></span>) <span id="xdx_90B_edei--LocalPhoneNumber_c20200608__20200609_zITPEE4P3DW3"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:LocalPhoneNumber">407-0700</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Registrant&#8217;s telephone number,
including area code)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>N/A</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>(Former Name or Former Address, if Changed
Since Last Report)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 30px"><span style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Wingdings"><span id="xdx_901_edei--WrittenCommunications_c20200608__20200609_zsvtZYkLPNo3"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span></span></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Written communications pursuant to Rule&#160;425
    under the Securities Act (17 CFR 230.425)</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 30px"><span style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Wingdings"><span id="xdx_900_edei--SolicitingMaterial_c20200608__20200609_zqxHmMPHvYx8"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span></span></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Soliciting material pursuant to Rule&#160;14a-12
    under the Exchange Act (17 CFR 240.14a-12)</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 30px"><span style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Wingdings"><span id="xdx_90D_edei--PreCommencementTenderOffer_c20200608__20200609_zVPQfIiCwlf3"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></span></span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Pre-commencement communications pursuant to
    Rule&#160;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 30px; font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Wingdings"><span id="xdx_903_edei--PreCommencementIssuerTenderOffer_c20200608__20200609_zwM9hstvxNej"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></span></span></td>
    <td style="font-size: 10pt"><span style="font: 10pt Times New Roman, Times, Serif">Pre-commencement communications
    pursuant to Rule&#160;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to Section 12(b) of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 33%; text-align: center"><span style="font-size: 10pt">Title of each class</span></td>
    <td style="width: 34%; text-align: center"><span style="font-size: 10pt">Trading symbol(s)</span></td>
    <td style="width: 33%; text-align: center"><span style="font-size: 10pt">Name of each exchange on which registered</span></td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center"><span id="xdx_90F_edei--Security12bTitle_c20200608__20200609_z64BRpDt6ll7" style="font-size: 10pt"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:Security12bTitle">Common stock, $1.00 par value</ix:nonNumeric></span></td>
    <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_904_edei--TradingSymbol_c20200608__20200609_ziYIliR8y8A2"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" name="dei:TradingSymbol">PEAK</ix:nonNumeric></span></span></td>
    <td style="text-align: center"><span style="font-size: 10pt"><span id="xdx_905_edei--SecurityExchangeName_c20200608__20200609_z5x6qDo0tFAl"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">The New York Stock Exchange</ix:nonNumeric></span></span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 95%; font-size: 10pt; text-align: right"><span style="font-size: 10pt">Emerging growth company</span></td>
    <td style="width: 5%; font-size: 10pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Wingdings"><span id="xdx_907_edei--EntityEmergingGrowthCompany_c20200608__20200609_zJBCMKq6gp1e"><ix:nonNumeric contextRef="From2020-06-08to2020-06-09" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span></span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. <span style="font-family: Wingdings">&#168;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 1; Options: NewSection -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 8.01&#160; Other Events.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On June 9, 2020,
Healthpeak Properties, Inc., a Maryland corporation (the &#8220;Company&#8221;), entered into an underwriting agreement (the
&#8220;Underwriting Agreement&#8221;) with the representatives of the several underwriters named therein (the
&#8220;Underwriters&#8221;) relating to the sale by the Company (the &#8220;Offering&#8221;) of $600,000,000 aggregate
principal amount of 2.875% senior unsecured notes due 2031.&#160; The net proceeds from the Offering, after deducting the
underwriting discount but before deducting estimated offering expenses payable by the Company, are approximately
$590,850,000, which the Company intends to use (i) to fund the redemption, prior to their stated maturity date, of all
$300,000,000 aggregate principal amount of the 3.15% senior notes due August 2022 that are outstanding, and the payment of
accrued interest and related fees, premiums and expenses in connection therewith and (ii) to fund the purchase price for its
previously announced tender offer to purchase for cash a portion of its 4.250% senior notes due November 2023 and the payment
of accrued interest and related fees, premiums and expenses in connection therewith. The Company intends to use any remaining
net proceeds, including in the event that it does not achieve full participation in the tender offer, for general corporate
purposes, including repayment of any outstanding borrowings under its revolving credit facility (without any permanent
reductions in the commitments thereunder) and/or to repay any outstanding commercial paper.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The foregoing is a summary description of
certain terms of the Underwriting Agreement and is qualified in its entirety by reference to the Underwriting Agreement, which
is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The press release announcing the pricing
of the Offering is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Item 9.01&#160; Financial Statements and Exhibits.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.&#160; The following exhibits are being filed herewith:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 93%; border-collapse: collapse; margin-left: 0.6in">
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 1pt solid; width: 8%"><span style="font: 10pt Times New Roman, Times, Serif"><b>No.</b></span></td>
    <td style="width: 2%; text-align: center">&#160;</td>
    <td style="border-bottom: black 1pt solid; width: 90%; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></span></td></tr>
<tr>
    <td style="vertical-align: top"><a href="tm2012075d6_ex1-1.htm" style="-sec-extract: exhibit"><span style="font: 10pt Times New Roman, Times, Serif">1.1</span></a></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="vertical-align: top"><a href="tm2012075d6_ex1-1.htm" style="-sec-extract: exhibit"><span style="font: 10pt Times New Roman, Times, Serif">Underwriting Agreement, dated June 9, 2020, by and among the Company and the representatives of the Underwriters.</span></a></td></tr>
<tr>
    <td style="vertical-align: top"><a href="tm2012075d6_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif; color: blue">99.1</span></a></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="vertical-align: top"><a href="tm2012075d6_ex99-1.htm"><span style="font: 10pt Times New Roman, Times, Serif; color: blue">Press Release, dated June 9, 2020.</span></a></td></tr>
<tr>
    <td style="vertical-align: top"><span style="font: 10pt Times New Roman, Times, Serif">104</span></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="vertical-align: top"><span style="font: 10pt Times New Roman, Times, Serif">Cover Page Interactive Data File (embedded within the Inline XBRL document)</span></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td colspan="2"><span style="font: 10pt Times New Roman, Times, Serif">HEALTHPEAK PROPERTIES, INC.</span></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td colspan="2"><span style="font: 10pt Times New Roman, Times, Serif">(Registrant)</span></td></tr>
<tr style="vertical-align: top">
    <td style="width: 50%">&#160;</td>
    <td style="width: 4%">&#160;</td>
    <td style="width: 46%">&#160;</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
    <td><span style="font: 10pt Times New Roman, Times, Serif">Date: June 10, 2020</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">By:</span></td>
    <td style="border-bottom: black 1pt solid"><span style="font: 10pt Times New Roman, Times, Serif">/s/ Peter A. Scott</span></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Name:</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Peter A. Scott</span></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Title:</span></td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Executive Vice President and Chief Financial Officer</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font-size: 10pt"><tr style="vertical-align: top; text-align: left"><td style="width: 33%">&#160;</td><td style="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></td><td style="width: 33%; text-align: right">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

</body>
</html>
<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJxFjd0KwjAMhZ9g7xB6LXMdE3F3OlTEKTJEvK0uk+LWjLT+PZJvad0QQyAkJ985QgzEkha6RobjrMhhj01bK4dQYIWM5oz+I1utU/CzwIu2jpVx3foDM/IMemYUypO/d593bbFMQcphlAzlBKI4TcYw3Yjgq2dkKl2icVrVoEwJO6aWNTrFr95hr55kqHl1SQdkq8l4uzDq5TfEkYxhS3f1IL5ayPNMBIOuArFkurXfmJt11MC8xsZn2R79d/AB1gRJDA== -->
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>tm2012075d6_ex1-1.htm
<DESCRIPTION>EXHIBIT 1.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 1.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">$600,000,000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">Healthpeak
Properties, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">(formerly
HCP,&nbsp;Inc.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">(a Maryland
corporation)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">2.875% Senior
Notes Due 2031</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent"><U>UNDERWRITING
AGREEMENT</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>TABLE OF CONTENTS</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><U>Page</U></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: left">Section&nbsp;1.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 82%; text-align: left">Representations and Warranties</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 8%; text-align: right">3</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;2.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Sale and Delivery to Underwriters; Closing</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">11</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;3.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Covenants of the Company</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">12</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;4.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Payment of Expenses</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">15</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;5.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Conditions of the Underwriters&rsquo; Obligations</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">16</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;6.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Indemnification</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">21</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;7.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Contribution</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">24</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">Section&nbsp;8.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Representations, Warranties and Agreements to Survive Delivery</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">25</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;9.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Termination</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">25</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;10.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Default by One or More of the Underwriters</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">25</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;11.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Certain Agreements of the Underwriters</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">26</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;12.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Notices</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">27</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;13.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Parties</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">28</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;14.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Governing Law and Time</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">28</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;15.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Recognition of the U.S. Special Resolution Regimes</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">29</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;16.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">No Advisory or Fiduciary Relationship</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">29</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Section&nbsp;17.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Other Provisions</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">30</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="text-indent: 0.25in; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">$600,000,000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">HEALTHPEAK
PROPERTIES, INC.<BR>
(Formerly, HCP,&nbsp;INC.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">(a Maryland
corporation)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">2.875% Senior
Notes Due 2031</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent"><B><U>UNDERWRITING
AGREEMENT</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">June 9, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Wells Fargo Securities, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">550 South Tryon Street, 5th Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: transparent">Charlotte,
North Carolina 28202</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">Barclays Capital
Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">745 Seventh Avenue</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">New York, New York
10019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.75in 0pt 0; text-indent: 0in; background-color: white">BofA Securities,
Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">One Bryant Park</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">New York, New York
10036</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.95pt; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">Morgan Stanley &amp;
Co. LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">1585 Broadway</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">New York, New York
10036</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent; text-indent: 0.25in">As Representatives
of the several Underwriters</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in; background-color: transparent">Healthpeak
Properties, Inc. (formerly HCP,&nbsp;Inc.), a Maryland corporation (the &ldquo;<B>Company</B>&rdquo;), confirms its agreement with
each of the Underwriters named in Schedule&nbsp;A hereto (collectively, the &ldquo;<B>Underwriters</B>,&rdquo; which term shall
also include any underwriter substituted as hereinafter provided in Section&nbsp;10 hereof), for whom Wells Fargo Securities, LLC,
Barclays Capital Inc., BofA Securities, Inc. and Morgan Stanley &amp; Co. LLC are acting as representatives (the &ldquo;<B>Representatives</B>&rdquo;),
with respect to the issue and sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of the
respective amounts set forth in such Schedule A of $600,000,000 aggregate principal amount of the Company&rsquo;s 2.875% Senior
Notes Due 2031 (the &ldquo;<B>Securities</B>&rdquo;). The Securities are to be issued pursuant to an indenture, dated November&nbsp;19,
2012 (the &ldquo;<B>Base Indenture</B>&rdquo;), between the Company and The Bank of New York Mellon Trust Company, N.A. as trustee
(the &ldquo;<B>Trustee</B>&rdquo;), as supplemented by the Tenth Supplemental Indenture between the Company and the Trustee to
be dated as of June 23, 2020 (the &ldquo;<B>Supplemental Indenture</B>&rdquo; and together with the Base Indenture, the &ldquo;<B>Indenture</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The Company
has filed with the Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;) an automatic shelf registration statement
on Form&nbsp;S-3 (No.&nbsp;333-225318), which registration statement became effective upon filing under Rule&nbsp;462(e) of the
rules and regulations of the Commission (the &ldquo;<B>1933 Act Regulations</B>&rdquo;) under the Securities Act of 1933, as amended
(the &ldquo;<B>1933 Act</B>&rdquo;). Such registration statement covers the registration of the Securities (among other securities)
under the 1933 Act. Such registration statement, in the form in which it became effective, as amended through the date hereof,
including the information deemed pursuant to Rule&nbsp;430B under the 1933 Act Regulations to be part of the registration statement
at the time of its effectiveness (&ldquo;<B>Rule&nbsp;430B Information</B>&rdquo;) and all documents incorporated or deemed to
be incorporated by reference therein through the date hereof, is hereinafter referred to as the &ldquo;<B>Registration Statement</B>.&rdquo;
The Company proposes to file with the Commission pursuant to Rule&nbsp;424(b) of the 1933&nbsp;Act Regulations the Prospectus Supplement
(as defined in Section&nbsp;3(k) hereof) relating to the Securities and the prospectus, dated May 31, 2018 (the &ldquo;<B>Base
Prospectus</B>&rdquo;), and has previously advised you of all further information (financial and other) with respect to the Company
set forth therein. The Base Prospectus together with the Prospectus Supplement, in their respective forms on the date hereof (being
the forms in which they are to be filed with the Commission pursuant to Rule&nbsp;424(b) of the 1933&nbsp;Act Regulations), including
all documents incorporated or deemed to be incorporated by reference therein through the date hereof, are hereinafter referred
to as, collectively, the &ldquo;<B>Prospectus</B>,&rdquo; except that if any revised prospectus or prospectus supplement shall
be provided to you by the Company for use in connection with the offering and sale of the Securities which differs from the Prospectus
(whether or not such revised prospectus or prospectus supplement is required to be filed by the Company pursuant to Rule&nbsp;424(b)
of the 1933&nbsp;Act Regulations), the term &ldquo;Prospectus&rdquo; shall refer to such revised prospectus or prospectus supplement,
as the case may be, from and after the time it is first provided to you for such use. The term &ldquo;<B>Pre-Pricing Prospectus</B>,&rdquo;
as used in this Agreement, means the preliminary prospectus supplement dated June 9, 2020 and filed with the Commission on June
9, 2020 pursuant to Rule&nbsp;424(b) of the 1933 Act Regulations, together with the Base Prospectus used with such preliminary
prospectus supplement in connection with the marketing of the Securities, in each case as amended or supplemented by the Company.
Unless the context otherwise requires, all references in this Agreement to documents, financial statements and schedules and other
information which is &ldquo;contained,&rdquo; &ldquo;included,&rdquo; &ldquo;stated,&rdquo; &ldquo;described in&rdquo; or &ldquo;referred
to&rdquo; in the Registration Statement, the Pre-Pricing Prospectus or the Prospectus (and all other references of like import)
shall be deemed to mean and include all such documents, financial statements and schedules and other information which is or is
deemed to be incorporated by reference in the Registration Statement, the Pre-Pricing Prospectus or the Prospectus as the case
may be; and all references in this Agreement to amendments or supplements to the Registration Statement, the Pre-Pricing Prospectus
or the Prospectus shall be deemed to mean and include the filing of any document under the Securities Exchange Act of 1934, as
amended (the &ldquo;<B>1934&nbsp;Act</B>&rdquo;), after the date of this Agreement which is or is deemed to be incorporated by
reference in the Registration Statement, the Pre-Pricing Prospectus or the Prospectus, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 4; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The Company
understands that the Underwriters propose to make a public offering of the Securities as soon as the Representatives deem advisable
after this Agreement has been executed and delivered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">At or prior
to the time when sales of the Securities were first made (such time, the &ldquo;<B>Time of Sale</B>&rdquo;), the Company had prepared
the following information (collectively the &ldquo;<B>Time of Sale Information</B>&rdquo;): the Pre-Pricing Prospectus and each
 &ldquo;free-writing prospectus&rdquo; (as defined pursuant to Rule&nbsp;405 of the 1933 Act Regulations) listed on Exhibit&nbsp;B
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 1.
<U>Representations and Warranties</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company represents and warrants to each Underwriter as of the date hereof (such date being hereinafter referred to as the &ldquo;<B>Representation
Date</B>&rdquo;), as of the Time of Sale and as of Closing Time referred to in Section&nbsp;2 as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(i)&nbsp; <U>Pre-Pricing
Prospectus</U>. No order preventing or suspending the use of the Pre-Pricing Prospectus has been issued by the Commission,
and each Pre-Pricing Prospectus, at the time of filing thereof, complied in all material respects with the 1933 Act and did
not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or
necessary in order to make the statements therein, in the light of the circumstances under which they were made, not
misleading; <U>provided</U>, <U>however</U>, that the representations and warranties in this subsection&nbsp;(i) shall not
apply to statements in or omissions from the Pre-Pricing Prospectus made in reliance upon and in conformity with information
furnished to the Company in writing by any Underwriter through the Representatives expressly for use in any Pre-Pricing
Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(ii)&nbsp;<U>Time
of Sale Information</U>. The Time of Sale Information, at the Time of Sale did not, and at Closing Time will not, contain any untrue
statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of
the circumstances under which they were made, not misleading; <U>provided</U>, <U>however</U>, that the representations and warranties
in this subsection&nbsp;(ii) shall not apply to statements in or omissions from the Time of Sale Information made in reliance upon
and in conformity with information furnished to the Company in writing by any Underwriter through the Representatives expressly
for use in such Time of Sale Information. No statement of material fact included (or to be included) in the Prospectus will be
omitted from the Time of Sale Information and no statement of material fact included in the Time of Sale Information that is required
to be included in the Prospectus will be omitted therefrom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(iii)
<U>Issuer Free Writing Prospectus</U>. The Company (including its agents and representatives, other than the Underwriters in their
capacity as such) has not prepared, made, used, authorized, approved or referred to and will not prepare, make, use, authorize,
approve or refer to any &ldquo;written communication&rdquo; (as defined in Rule&nbsp;405 of the 1933 Act Regulations) that constitutes
an offer to sell or solicitation of an offer to buy the Securities (each such communication by the Company or its agents and representatives
other than the Underwriters in their capacity as such (other than a communication referred to in clauses&nbsp;(A), (B) and (C)&nbsp;below)
an &ldquo;Issuer Free Writing Prospectus&rdquo;) other than (A)&nbsp;any document not constituting a prospectus pursuant to Section&nbsp;2(a)(10)(a)
of the 1933 Act or Rule&nbsp;134 of the 1933 Act Regulations, (B)&nbsp;the Pre-Pricing Prospectus, (C)&nbsp;the Prospectus, (D)
the documents listed on Exhibit B hereto as constituting part of the Time of Sale Information and (E)&nbsp;any electronic road
show or other written communications, in each case approved in writing in advance by the Representatives. Each such Issuer Free
Writing Prospectus complied in all material respects with the 1933 Act, has been or will be (within the time period specified in
Rule&nbsp;433 of the 1933 Act Regulations) filed (to the extent required thereby) in accordance with the 1933 Act and when taken
together with the Pre-Pricing Prospectus accompanying, or delivered prior to delivery of, such Issuer Free Writing Prospectus,
did not, and at Closing Time will not, contain any untrue statement of a material fact or omit to state a material fact necessary
in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; <U>provided</U>,
<U>however</U>, that the representations and warranties in this subsection&nbsp;(iii) shall not apply to statements in or omissions
from any Issuer Free Writing Prospectus made in reliance upon and in conformity with information furnished to the Company in writing
by any Underwriter through the Representatives expressly for use in any Issuer Free Writing Prospectus. Each Issuer Free Writing
Prospectus, as of its issue date and at all subsequent times through the completion of the public offer and sale of the Securities
or until any earlier date that the Company notified or notifies the Representatives as described in Section&nbsp;3(f), did not,
does not and will not include any information that conflicted, conflicts or will conflict with the information contained in the
Registration Statement, the Prospectus or any Pre-Pricing Prospectus that has not been superseded or modified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(iv)&nbsp;&nbsp;<U>Compliance with Registration Requirements</U>. The Registration Statement is an &ldquo;automatic shelf registration statement&rdquo;
as defined under Rule&nbsp;405 of the 1933 Act Regulations that has been filed with the Commission not earlier than three years
prior to the date hereof; and no notice of objection of the Commission to the use of such Registration Statement or any post-effective
amendment thereto pursuant to Rule&nbsp;401(g)(2) of the 1933 Act Regulations has been received by the Company. Each of the Registration
Statement and the Base Prospectus, at the respective times the Registration Statement and any post-effective amendments thereto
became effective and as of the Representation Date, complied and comply in all material respects with the requirements of the 1933
Act and the 1933 Act Regulations (including Rule&nbsp;415(a) of the 1933 Act Regulations), and the Trust Indenture Act of 1939,
as amended (the &ldquo;<B>1939 Act</B>&rdquo;), and the rules and regulations of the Commission under the 1939 Act (the &ldquo;<B>1939
Act Regulations</B>&rdquo;), and did not and as of the Representation Date and at Closing Time do not contain an untrue statement
of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not
misleading. No order suspending the effectiveness of the Registration Statement has been issued under the 1933 Act and no proceedings
for that purpose or pursuant to Section&nbsp;8A of the 1933 Act against the Company or related to the offering of the Securities
have been instituted or are pending or, to the knowledge of the Company, are contemplated by the Commission, and any request on
the part of the Commission for additional information has been complied with. The Prospectus, at the Representation Date (unless
the term &ldquo;<B>Prospectus</B>&rdquo; refers to a prospectus which has been provided to the Underwriters by the Company for
use in connection with the offering of the Securities which differs from the Prospectus filed with the Commission pursuant to Rule&nbsp;424(b)
of the 1933 Act Regulations, in which case at the time it is first provided to the Underwriters for such use) and at Closing Time,
does not and will not include an untrue statement of a material fact or omit to state a material fact necessary in order to make
the statements therein, in the light of the circumstances under which they were made, not misleading; <U>provided</U>, <U>however</U>,
that the representations and warranties in this subsection&nbsp;(iv) shall not apply to statements in or omissions from the Registration
Statement or Prospectus made in reliance upon and in conformity with information furnished to the Company in writing by any Underwriter
through the Representatives expressly for use in the Registration Statement or the Prospectus or the information contained in any
Statement of Eligibility and Qualification of a trustee under the 1939 Act filed as an exhibit to the Registration Statement (a
 &ldquo;<B>Form&nbsp;T-1</B>&rdquo;). For purposes of this Section&nbsp;1(a), all references to the Registration Statement, any
post-effective amendments thereto and the Prospectus shall be deemed to include, without limitation, any electronically transmitted
copies thereof filed with the Commission pursuant to its Electronic Data Gathering, Analysis, and Retrieval system or its Interactive
Data Electronic Applications system (collectively, &ldquo;<B>EDGAR</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(v)&nbsp;<U>Incorporated
Documents</U>. The documents filed by the Company and incorporated or deemed to be incorporated by reference into the Registration
Statement, the Prospectus and the Time of Sale Information pursuant to Item&nbsp;12 of Form&nbsp;S-3 under the 1933&nbsp;Act, at
the time they were or hereafter are filed with the Commission, complied and will comply in all material respects with the requirements
of the 1934&nbsp;Act and the rules and regulations of the Commission thereunder (the &ldquo;<B>1934&nbsp;Act Regulations</B>&rdquo;),
and, when read together and with the other information in the Registration Statement, the Prospectus and the Time of Sale Information,
at the respective times the Registration Statement and any amendments thereto became effective, at the Representation Date, the
Time of Sale and at the Closing Time, did not, do not and will not contain an untrue statement of a material fact or omit to state
a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances
under which they were made, not misleading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(vi)
<U>Independent Accountants</U>. The accountants who audited the financial statements and supporting schedules included or incorporated
by reference in the Registration Statement and the Prospectus are a registered public accounting firm independent of the Company,
as required by the 1933&nbsp;Act and the 1933&nbsp;Act Regulations and the rules and regulations of the Public Company Accounting
Oversight Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(vii)
<U>Financial Statements</U>. (A) The financial statements and any supporting schedules of the Company and its consolidated subsidiaries
included or incorporated by reference in the Registration Statement, the Time of Sale Information and the Prospectus present fairly
the consolidated financial position of the Company and its consolidated subsidiaries as of the dates indicated and the results
of their respective operations for the periods specified; and, (B) except as otherwise stated in the Registration Statement, the
Time of Sale Information and the Prospectus, said financial statements have been prepared in conformity with generally accepted
accounting principles applied on a consistent basis; and (C) the supporting schedules of the Company and its consolidated subsidiaries
included or incorporated by reference in the Registration Statement present fairly the information required to be stated therein;
and (D) the selected financial data and the summary financial information of the Company, if any, included or incorporated by reference
in the Registration Statement, the Time of Sale Information and the Prospectus present fairly the information shown therein as
of the dates indicated and have been compiled on a basis consistent with that of the audited financial statements included or incorporated
by reference in the Registration Statement, the Time of Sale Information and the Prospectus; and (E) any pro forma financial statements
and the related notes thereto included or incorporated by reference in the Registration Statement, the Time of Sale Information
and the Prospectus present fairly the information shown therein, have been prepared in accordance with the Commission&rsquo;s rules
and guidelines with respect to pro forma financial statements and have been properly compiled on the basis described therein, and
the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect
to the transactions and circumstances referred to therein. The interactive data in eXtensible Business Reporting Language incorporated
by reference in the Registration Statement, the Time of Sale Information and the Prospectus fairly presents the information called
for in all material respects and has been prepared in accordance with the Commission&rsquo;s rules and guidelines applicable thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(viii)
<U>No Material Adverse Change in Business</U>. Since the respective dates as of which information is given in the Registration
Statement, the Time of Sale Information and the Prospectus (in each case as supplemented or amended), except as otherwise stated
therein or contemplated thereby, (A)&nbsp;there has been no material adverse change in the condition, financial or otherwise, or
in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether
or not arising in the ordinary course of business (&ldquo;<B>Material Adverse Effect</B>&rdquo;), (B)&nbsp;there have been no transactions
entered into by the Company or any of its subsidiaries, other than those in the ordinary course of business, which are material
with respect to the Company and its subsidiaries considered as one enterprise, and (C)&nbsp;except for regular quarterly dividends
on the Company&rsquo;s common stock, par value $1.00 per share (&ldquo;<B>Common Stock</B>&rdquo;) there has been no dividend or
distribution of any kind declared, paid or made by the Company on any class of its capital stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(ix)
<U>Good Standing of the Company</U>. The Company has been duly incorporated and is validly existing as a corporation in good standing
under the laws of the State of Maryland with corporate power and authority to own, lease and operate its properties and to conduct
its business as described in the Time of Sale Information and the Prospectus; the Company is duly qualified as a foreign corporation
to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of
the ownership or leasing of property or the conduct of business, except where the failure to so qualify and be in good standing
would not have a Material Adverse Effect; and the Company is in substantial compliance with all laws, ordinances and regulations
of each state in which it owns properties that are material to the properties and business of the Company and its subsidiaries
considered as one enterprise in such state.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(x)&nbsp;<U>Good
Standing of Subsidiaries</U>. Each subsidiary of the Company which is a significant subsidiary (each, a &ldquo;<B>Significant Subsidiary</B>&rdquo;)
as defined in Rule&nbsp;405 of Regulation&nbsp;C of the 1933 Act Regulations has been duly organized and is validly existing as
a corporation, limited liability company or partnership, as the case may be, in good standing under the laws of the jurisdiction
of its organization, has power and authority as a corporation, limited liability company or partnership, as the case may be, to
own, lease and operate its properties and to conduct its business as described in the Time of Sale Information and the Prospectus
and is duly qualified as a foreign corporation, limited liability company or partnership, as the case may be, to transact business
and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing
of property or the conduct of business, except where the failure to so qualify and be in good standing would not have a Material
Adverse Effect; all of the issued and outstanding capital stock of each such corporate subsidiary has been duly authorized and
validly issued, is fully paid and non-assessable and, except for directors&rsquo; qualifying shares, is owned by the Company, directly
or through subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance, restriction on voting or
transfer, equity; and all of the issued and outstanding partnership or limited liability company interests of each such subsidiary
which is a partnership or limited liability company, as applicable, have been duly authorized (if applicable) and validly issued
and are fully paid and non-assessable and (except for other partnership or limited liability company interests described in the
Time of Sale Information and the Prospectus) are owned by the Company, directly or through corporate subsidiaries, free and clear
of any security interest, mortgage, pledge, lien, encumbrance, claim or equity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xi)&nbsp;<U>REIT Status</U>. Commencing with its taxable year ending December&nbsp;31, 1985, the Company has at all times operated in such
manner as to qualify as a &ldquo;real estate investment trust&rdquo; under the Internal Revenue Code of 1986, as amended (the &ldquo;<B>Code</B>&rdquo;),
and any predecessor statute thereto, and intends to continue to operate in such manner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xii)
<U>Capitalization</U>. The shares of issued Common Stock have been duly authorized and validly issued and are fully paid and non-assessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xiii)
<U>Absence of Defaults and Conflicts</U>. Neither the Company nor any of its subsidiaries is in violation of its charter or bylaws
or other organizational documents, as the case may be, or in material default in the performance or observance of any obligation,
agreement, covenant or condition contained in any contract, indenture, mortgage, loan agreement, note, lease or other instrument
to which the Company or any of its subsidiaries is a party or by which it or any of them or their properties may be bound or to
which any of the property or assets of the Company or any of its subsidiaries is subject and in which the violation or default
might result in a Material Adverse Effect; and the execution, delivery and performance of this Agreement, the Indenture and the
Securities and the consummation of the transactions contemplated herein and therein and compliance by the Company with its obligations
hereunder and thereunder have been duly authorized by all necessary corporate action and will not conflict with or constitute a
breach of, or default under, or result in the creation or imposition of any lien, charge or encumbrance upon any property or assets
of the Company or any of its subsidiaries pursuant to, any contract, indenture, mortgage, loan agreement, note, lease or other
instrument to which the Company or any of its subsidiaries is a party or by which it or any of them may be bound or to which any
of the property or assets of the Company or any of its subsidiaries is subject, nor will such action result in any violation of
the provisions of the charter or bylaws of the Company or any law, administrative regulation or administrative or court order or
decree.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xiv)
<U>Absence of Proceedings</U>. Except as disclosed in the Registration Statement, the Time of Sale Information or the Prospectus,
there is no action, suit or proceeding before or by any court or governmental agency or body, domestic or foreign, now pending,
or, to the knowledge of the Company, threatened against or affecting, the Company or any of its subsidiaries, which is required
to be disclosed in the Registration Statement, the Time of Sale Information or the Prospectus, or which might result in any Material
Adverse Effect, or which might materially and adversely affect the properties or assets thereof or which might materially and adversely
affect the consummation of this Agreement or any transaction contemplated hereby; all pending legal or governmental proceedings
to which the Company or any of its subsidiaries is a party or of which any of their respective property or assets is the subject
which are not described in or incorporated by reference in the Registration Statement, the Time of Sale Information or the Prospectus,
including ordinary routine litigation incidental to the business, are, considered in the aggregate, not material to the Company;
and there are no contracts or documents of the Company or any of its subsidiaries which are required to be filed or incorporated
by reference as exhibits to, or incorporated by reference in, the Registration Statement by the 1933&nbsp;Act or by the 1933&nbsp;Act
Regulations which have not been so filed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xv)
<U>Absence of Further Requirements</U>. No authorization, approval, consent, order or decree of any court or governmental authority
or agency is required for the consummation by the Company of the transactions contemplated by this Agreement or in connection with
the offering, issuance or sale of the Securities hereunder, except such as may be required under state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xvi)
<U>Authorization of Underwriting Agreement</U>. This Agreement has been duly authorized, executed and delivered by the Company
and, upon execution and delivery by you, will be a valid and legally binding agreement of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xvii)
<U>Authorization of Indenture</U>. The Base Indenture has been duly authorized, executed and delivered by the Company. The Supplemental
Indenture has been duly authorized and, at Closing Time, will have been duly executed and delivered by the Company, and when duly
executed and delivered by the Trustee, the Indenture will constitute a valid and legally binding obligation of the Company, enforceable
against the Company in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization,
moratorium or other similar laws relating to or affecting creditor&rsquo;s rights generally or by general equitable principles.
The Indenture has been duly qualified under the 1939 Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xviii)
<U>Authorization of the Securities</U>. The Securities have been duly authorized and, at Closing Time, will have been duly executed
by the Company and, when authenticated in the manner provided for in the Indenture and delivered against payment of the purchase
price therefor specified in this Agreement, will constitute valid and legally binding obligations of the Company, enforceable against
the Company in accordance with their terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization,
moratorium or other similar laws relating to or affecting creditors&rsquo; rights generally or by general equitable principles,
and will be in the form contemplated by, and entitled to the benefits of, the Indenture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xix)
<U>Description of the Securities</U>. The Securities and the Indenture will conform in all material respects to the respective
statements relating thereto contained in the Prospectus and will be in substantially the respective forms filed or incorporated
by reference, as the case may be, as exhibits to the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xx)
<U>Seniority of the Securities</U>. The Securities rank and will rank on a parity with all unsecured indebtedness (other than subordinated
indebtedness) of the Company that is outstanding on the date hereof or that may be incurred hereafter, and senior to any subordinated
indebtedness of the Company that is outstanding on the date hereof or that may be incurred hereafter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxi)
<U>Title to Property</U>. The Company and its subsidiaries have good title to all real property or interests in real property owned
by it or any of them in each case free and clear of all liens, encumbrances and defects except such as are stated in or included
in documents incorporated or deemed to be incorporated by reference in the Time of Sale Information or the Prospectus or such as
would not have a Material Adverse Effect; and at the time the Company and its subsidiaries first acquired title or such interest
in such real property, the Company and its subsidiaries obtained satisfactory confirmations (consisting of policies of title insurance
or commitments or binders therefor, opinions of counsel based upon the examination of abstracts, or other evidence deemed appropriate
by the Company under the circumstances) confirming the foregoing. To the best knowledge of the Company, the instruments securing
its real estate mortgage loans in favor of the Company and its subsidiaries create valid liens upon the real properties described
in such instruments enjoying the priorities intended, subject only to exceptions to title which have no material adverse effect
on the value of such interests in relation to the Company and its subsidiaries considered as one enterprise; and at the time the
Company and its subsidiaries first acquired an interest in such real estate mortgage loans, the Company and its subsidiaries obtained
satisfactory confirmations (consisting of policies of title insurance or commitments or binders therefor, opinions of counsel based
upon the examination of abstracts, or other evidence deemed appropriate by the Company under the circumstances).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxii)
<U>Investment Company Act</U>. The Company is not required to be registered, and, after giving effect to the offering contemplated
hereby and the application of the proceeds thereof as described in the Pre-Pricing Prospectus and the Prospectus, will not be required
to be registered, under the Investment Company Act of 1940, as amended (the &ldquo;<B>1940 Act</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxiii)
<U>Rating of the Securities</U>. The Securities have the respective ratings set forth in the Issuer Free Writing Prospectus identified
in Exhibit&nbsp;B hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxiv)
<U>Pending Proceedings and Examinations</U>. The Registration Statement is not the subject of a pending proceeding or examination
under Section&nbsp;8(d) or 8(e) of the 1933 Act, and the Company is not the subject of a pending proceeding under Section&nbsp;8A
of the 1933 Act in connection with the offering of the Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxv)
<U>Disclosure Controls and Procedures</U>. The Company has established and maintains &ldquo;disclosure controls and procedures&rdquo;
(as such term is defined in Rule&nbsp;13a-15(e) and 15d-15(e) under the 1934 Act) that (i)&nbsp;are designed to ensure that material
information relating to the Company, including its consolidated subsidiaries, is made known to the Company&rsquo;s Chief Executive
Officer and its Chief Financial Officer by others within those entities, particularly during the periods in which the filings made
by the Company with the Commission which it may make under Section&nbsp;13(a), 13(c) or 15(d) of the 1934 Act are being prepared,
(ii)&nbsp;have been evaluated for effectiveness as of the end of the Company&rsquo;s most recent fiscal year and (iii)&nbsp;are
effective at a reasonable assurance level to perform the functions for which they were established.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxvi)
<U>Internal Control</U>. The Company has established and maintains &ldquo;internal control over financial reporting&rdquo; (as
such term is defined in Rule&nbsp;13a-15(f) and 15d-15(f) under the 1934 Act) that (i)&nbsp;are designed to provide reasonable
assurance that (A) the reliability of financial reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles and (B) the interactive data in eXtensible Business Reporting Language
incorporated by reference in the Registration Statement, the Time of Sale Information and the Prospectus fairly presents the information
called for in all material respects and is prepared in accordance with the Commission&rsquo;s rules and guidelines applicable thereto;
and (ii)&nbsp;have been evaluated by the management of the Company (including the Company&rsquo;s Chief Executive Officer and Chief
Financial Officer, in each case, serving as of the end of the Company&rsquo;s most recent fiscal year) for effectiveness as of
the end of the Company&rsquo;s most recent fiscal year. In addition, not later than the date of the filing with the Commission
of the Company&rsquo;s most recent Annual Report on Form&nbsp;10-K, each of the accountants and the audit committee of the board
of directors of the Company had been advised of (x)&nbsp;all significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably likely to adversely affect the Company&rsquo;s ability
to record, process, summarize and report financial information and (y)&nbsp;any fraud, whether or not material, that involves management
or other employees who have a significant role in the Company&rsquo;s internal control over financial reporting. Since the date
of the most recent evaluation of such controls and procedures, there have been no changes in the Company&rsquo;s internal control
over financial reporting or in other factors that have materially affected or are reasonably likely to materially affect the Company&rsquo;s
internal control over financial reporting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxvii)
<U>Status Under the 1933 Act</U>. The Company is not an &ldquo;ineligible issuer&rdquo; and is a &ldquo;well-known seasoned issuer,&rdquo;
in each case as defined in the 1933 Act, in each case at the times specified in the 1933 Act in connection with the offering the
Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: white">(xxviii)
 &nbsp;<U>Foreign Corrupt Practices Act</U>. None of the Company, any of its subsidiaries or, to the knowledge of the Company, any
director, officer, agent or employee of the Company or any of its subsidiaries is aware of or has taken any action, directly or
indirectly, that would result in (a)&nbsp;a violation by such persons of the Foreign Corrupt Practices Act of 1977, as amended,
and the rules and regulations thereunder (the &ldquo;<B>FCPA</B>&rdquo;), including, without limitation, making use of the mails
or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization
of the payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any
 &ldquo;foreign official&rdquo; (as such term is defined in the FCPA) or any foreign political party or official thereof or any
candidate for foreign political office, in contravention of the FCPA or (b)&nbsp;an offense under the Bribery Act of 2010 of the
United Kingdom (the &ldquo;<B>UK Bribery Act</B>&rdquo;), or any other applicable anti-bribery or anti-corruption laws. The Company
and, to the knowledge of the Company, its affiliates have conducted their businesses in compliance in all material respects with
the FCPA, the UK Bribery Act and other applicable anti-bribery or anti-corruption laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 33.1pt; text-indent: 61.4pt; background-color: white">(xxvix)
<U>Money Laundering Laws</U>. The operations of the Company and its subsidiaries are in compliance in all material respects with
applicable financial recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as
amended, the money laundering statutes of all applicable jurisdictions, the rules and regulations thereunder and any related or
similar rules, regulations or guidelines, issued, administered or enforced by any governmental agency (collectively, the &ldquo;<B>Money
Laundering Laws</B>&rdquo;); and no action, suit or proceeding by or before any court or governmental agency, authority or body
or any arbitrator involving the Company or any of its subsidiaries with respect to the Money Laundering Laws is pending or, to
the best knowledge of the Company, threatened.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 33.1pt; text-indent: 61.4pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(xxx)
<U>OFAC</U>. None of the Company, any of its subsidiaries or, to the knowledge of the Company, any director, officer, agent, employee
or affiliate of the Company or any of its subsidiaries is currently subject to any United States sanctions administered by the
Office of Foreign Assets Control of the United States Department of the Treasury (&ldquo;<B>OFAC</B>&rdquo;); and the Company will
not, directly or indirectly, use the proceeds of the offering of the Securities hereunder, or lend, contribute or otherwise make
available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities
of any person currently subject to any United States sanctions administered by OFAC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
certificate signed by any officer of the Company and delivered to the Representatives or to counsel for the Underwriters shall
be deemed a representation and warranty by the Company to you as to the matters covered thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 2.
<U>Sale and Delivery to Underwriters; Closing</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the
Company agrees to sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees
to purchase from the Company, the aggregate principal amount of the Securities set forth opposite their names on Schedule A at
a purchase price of 98.475% of the principal amount thereof, plus any additional principal amount of Securities which such Underwriter
may become obligated to purchase pursuant to the provisions of Section&nbsp;10 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payment
of the purchase price for, and delivery of certificates for, the Securities shall be made at the office of Skadden, Arps, Slate,
Meagher &amp; Flom LLP, One Manhattan West, New York, New York 10001 or at such other place as shall be agreed upon by you and
the Company, at 7:00&nbsp;A.M., California time, on June 23, 2020, or such other time not later than ten business days after such
date as shall be agreed upon by the Representatives and the Company (such time and date of payment and delivery being herein called
 &ldquo;<B>Closing Time</B>&rdquo;). Payment shall be made to the Company by wire transfer of immediately available funds to a bank
account designated by the Company against delivery to the Representatives for the respective accounts of the Underwriters of certificates
for the Securities to be purchased by them. Certificates for the Securities shall be in such denominations and registered in such
names as the Representatives may request in writing at least one business day before Closing Time. It is understood that each Underwriter
has authorized the Representatives, for its account, to accept delivery of, receipt for, and make payment of the purchase price
for, the Securities which such Underwriter has agreed to purchase. Wells Fargo Securities, LLC, individually and not as representative
of the Underwriters, may (but shall not be obligated to) make payment of the purchase price for the Securities to be purchased
by any Underwriter whose check has not been received by Closing Time, but such payment shall not release such Underwriter from
its obligations hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 3.
<U>Covenants of the Company</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The Company
covenants with each Underwriter as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance
with Securities Regulations and Commission Requests</U>. The Company will notify the Representatives immediately, and confirm the
notice in writing (i)&nbsp;of the effectiveness of any post-effective amendment to the Registration Statement, (ii)&nbsp;of the
mailing or the delivery to the Commission for filing of the Prospectus or any amendment to the Registration Statement or amendment
or supplement to the Prospectus or any Issuer Free Writing Prospectus or any document to be filed pursuant to the 1934 Act during
any period when the Prospectus is required to be delivered under the 1933 Act, the 1933 Act Regulations, the 1934 Act or the 1934
Act Regulations in connection with sales of the Securities (or required to be delivered but for Rule&nbsp;172 of the 1933 Act Regulations)
(the &ldquo;<B>Prospectus Delivery Period</B>&rdquo;), (iii)&nbsp;of the receipt of any comments or inquiries from the Commission
relating to the Registration Statement or the Prospectus, (iv)&nbsp;of any request by the Commission for any amendment to the Registration
Statement or any amendment or supplement to the Prospectus or for additional information, (v)&nbsp;of the issuance by the Commission
of any order suspending the effectiveness of the Registration Statement or of any order preventing or suspending the use of the
Pre-Pricing Prospectus or the Prospectus, or the initiation of any proceedings for that purpose or pursuant to Section&nbsp;8A
of the 1933 Act, (vi)&nbsp;of the occurrence of any event at any time as a result of which the Prospectus, the Time of Sale Information
or any Issuer Free Writing Prospectus as then amended or supplemented would include any untrue statement of a material fact or
omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light
of the circumstances existing when the Prospectus, the Time of Sale Information or any such Issuer Free Writing Prospectus is delivered
to a purchaser, not misleading; (vii)&nbsp;of the receipt by the Company of any notice of objection of the Commission to the use
of the Registration Statement or any post-effective amendment thereto pursuant to Rule&nbsp;401(g)(2) under the 1933 Act; and (viii)&nbsp;of
the issuance by any state securities commission or other regulatory authority of any order suspending the qualification or the
exemption from qualification of the Securities under state securities or Blue Sky laws or the initiation of any proceedings for
that purpose. The Company will make every reasonable effort to prevent the issuance by the Commission of any such order suspending
the effectiveness of the Registration Statement, preventing or suspending the use of the Pre-Pricing Prospectus or the Prospectus
or suspending any such qualification or exemption of the Securities and, if any such order is issued, to obtain the lifting thereof
at the earliest possible moment. The Company will provide you with copies of the form of Prospectus and each Issuer Free Writing
Prospectus, in such numbers as you may reasonably request, and file or transmit for filing with the Commission such Prospectus
and each Issuer Free Writing Prospectus (including the pricing term sheet in the form approved by the Representatives and in substantially
the form of Exhibit&nbsp;C hereto (the &ldquo;<B>Term Sheet</B>&rdquo;)) to the extent required by Rule&nbsp;433 of the 1933 Act
Regulations in accordance with Rule&nbsp;424(b) of the 1933&nbsp;Act Regulations by the close of business in New York on the second
business day immediately succeeding the date hereof. The Company will pay the registration fees for this offering within the time
period required by Rule&nbsp;456(b)(1)(i) of the 1933 Act Regulations (without giving effect to the proviso therein) and in any
event prior to Closing Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Filing
of Amendments</U>. During the Prospectus Delivery Period, the Company will give the Representatives notice of its intention to
file or prepare any amendment to the Registration Statement or any amendment or supplement to the Prospectus (including any revised
prospectus which the Company proposes for use by the Underwriters in connection with the offering of the Securities that differs
from the prospectus filed with the Commission pursuant to Rule&nbsp;424(b) of the 1933&nbsp;Act Regulations, whether or not such
revised prospectus is required to be filed pursuant to Rule&nbsp;424(b) of the 1933&nbsp;Act Regulations), will furnish the Representatives
with copies of any such amendment or supplement a reasonable amount of time prior to such proposed filing or use, as the case may
be, and will not file any such amendment or supplement or use any such prospectus to which the Representatives or counsel for the
Underwriters shall reasonably object.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Issuer
Free Writing Prospectuses</U>. Before making, preparing, using, authorizing, approving, referring to or filing any Issuer Free
Writing Prospectus related to the Securities, whether before or after the time that the Registration Statement becomes effective,
the Company will furnish to the Representatives and counsel for the Underwriters a copy of the proposed Issuer Free Writing Prospectus
for review and will not make, prepare, use, authorize, approve, refer to or file any such Issuer Free Writing Prospectus to which
the Representatives reasonably object.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Delivery
of Registration Statements</U>. The Company will deliver to the Representatives as many signed copies of the Registration Statement
as originally filed and of each amendment thereto (including exhibits filed therewith and documents incorporated or deemed to be
incorporated by reference therein) as the Representatives may reasonably request and will also deliver to the Representatives as
many conformed copies of the Registration Statement as originally filed and of each amendment thereto (including documents incorporated
or deemed to be incorporated by reference therein but without exhibits filed therewith) as the Representatives may reasonably request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Delivery
of Prospectuses</U>. The Company will furnish to each Underwriter, from time to time during the Prospectus Delivery Period, such
number of copies of the Prospectus (as amended or supplemented) as such Underwriter may reasonably request for the purposes contemplated
by the 1933 Act or the 1934 Act or the respective applicable rules and regulations of the Commission thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Continued
Compliance with Securities Laws</U>. If, at any time during the Prospectus Delivery Period, any event shall occur as a result of
which it is necessary, in the opinion of counsel for the Underwriters or counsel for the Company, to amend or supplement the Prospectus
in order to make the Prospectus not misleading in the light of the circumstances existing at the time it is delivered to a purchaser,
the Company will forthwith amend or supplement the Prospectus (in form and substance satisfactory to counsel for the Underwriters)
so that, as so amended or supplemented, the Prospectus will not contain an untrue statement of a material fact or omit to state
a material fact necessary in order to make the statements therein, in the light of the circumstances existing at the time it is
delivered to a purchaser, not misleading, and the Company will furnish to you a reasonable number of copies of such amendment or
supplement. If, in accordance with the preceding sentence, it shall be necessary to amend or supplement the Prospectus at any time
subsequent to the expiration of nine months after the first date of the public offering of the Securities, the Underwriters shall
bear the expense of preparing, filing and furnishing any such amendment or supplement. If at any time following issuance of an
Issuer Free Writing Prospectus through Closing Time there occurred or occurs an event or development as a result of which such
Issuer Free Writing Prospectus conflicted or would conflict with the information contained in the Registration Statement, the Prospectus,
any Pre-Pricing Prospectus or the Time of Sale Information or included or would include an untrue statement of a material fact
or omitted or would omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances
prevailing at that subsequent time, not misleading, the Company will promptly notify you and will promptly amend or supplement,
at its own expense, such Issuer Free Writing Prospectus to eliminate or correct such conflict, untrue statement or omission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 6pt 0pt 0; text-indent: 0.5in; background-color: transparent">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Time
of Sale Information</U>. If at any time prior to Closing Time (A)&nbsp;any event shall occur or condition shall exist as a result
of which the Time of Sale Information as then amended or supplemented would include any untrue statement of a material fact or
omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances, not misleading
or (B)&nbsp;it is necessary to amend or supplement the Time of Sale Information to comply with law, the Company will immediately
notify the Representatives thereof and forthwith prepare and, subject to paragraph&nbsp;(c) above, file with the Commission (to
the extent required) and furnish to the Underwriters and to such dealers as the Representatives may designate, such amendments
or supplements to the Time of Sale Information as may be necessary so that the statements in the Time of Sale Information as so
amended or supplemented will not, in the light of the circumstances, be misleading or so that the Time of Sale Information will
comply with law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 6pt 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 6pt 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 6pt 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Blue
Sky Qualifications</U>. The Company will endeavor, in cooperation with the Underwriters, to qualify the Securities for offering
and sale under the applicable securities laws of such states and other jurisdictions of the United States as you may designate;
<U>provided</U>, <U>however</U>, that the Company shall not be obligated to file any general consent to service of process or to
qualify as a foreign corporation in any jurisdiction in which it is not so qualified. In each jurisdiction in which the Securities
shall have been so qualified, the Company will file such statements and reports as may be required by laws of such jurisdiction
to continue such qualification in effect for as long as may be required for the distribution of the Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Earnings
Statement</U>. The Company will make generally available to its security holders as soon as practicable, but not later than 90
days after the close of the period covered thereby, an earnings statement (in form complying with the provisions of Rule&nbsp;158
of the 1933 Act Regulations) covering the twelve month period beginning not later than the first day of the Company&rsquo;s fiscal
quarter next following the &ldquo;effective date&rdquo; (as defined in said Rule&nbsp;158) of the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Use
of Proceeds</U>. The Company will use the net proceeds received by it from the sale of the Securities in the manner to be specified
in the Prospectus Supplement under &ldquo;Use of Proceeds.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Preparation
of Prospectus Supplement</U>. Immediately following the execution of this Agreement, the Company will prepare a prospectus supplement,
dated the date hereof (the &ldquo;<B>Prospectus Supplement</B>&rdquo;), containing the terms of the Securities, the plan of distribution
thereof and such other information as may be required by the 1933 Act or the 1933 Act Regulations or as the Representatives and
the Company deem appropriate, and will file or transmit for filing with the Commission in accordance with Rule&nbsp;424(b) of the
1933 Act Regulations copies of the Prospectus (including such Prospectus Supplement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reporting
Requirements</U>. The Company, during the Prospectus Delivery Period, will file promptly all documents required to be filed with
the Commission pursuant to Section&nbsp;13, 14 or 15 of the 1934 Act within the time periods required by the 1934 Act and the 1934
Act Regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Lock-up Period</U>. The Company, during the period beginning on the date hereof and continuing to and including Closing Time
(the &ldquo;<B>Lock-Up Period</B>&rdquo;), will not offer, sell, contract to sell or otherwise dispose of any debt securities of
the Company or warrants to purchase debt securities of the Company substantially similar to the Securities (other than (i)&nbsp;the
Securities or (ii)&nbsp;commercial paper issued in the ordinary course of business), without the prior written consent of the Representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Record
Retention</U>. The Company will, pursuant to reasonable procedures developed in good faith, retain copies of each Issuer Free Writing
Prospectus that is not filed with the Commission in accordance with Rule&nbsp;433 of the 1933 Act Regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 4.
<U>Payment of Expenses</U>. The Company will pay all expenses incident to the performance of its obligations under this Agreement,
including (i)&nbsp;the printing and filing of the Registration Statement as originally filed and of each amendment thereto, and
the Time of Sale Information, the Pre-Pricing Prospectus and the Prospectus and any amendments or supplements thereto and any &ldquo;Canadian&rdquo;
wrappers, (ii)&nbsp; the fees and expenses of the Trustee, including the fees and disbursements of counsel for the Trustee in connection
with the Indenture and the Securities, (iii)&nbsp;any fees payable in connection with the rating of the Securities, (iv) the preparation,
issuance and delivery of the certificates for the Securities to you, (v)&nbsp;the fees and disbursements of the Company&rsquo;s
counsel and accountants, (vi)&nbsp;the qualification of the Securities under securities laws in accordance with the provisions
of Section&nbsp;3(h) hereof, including filing fees and the reasonable fee and disbursements of counsel for the Underwriters in
connection therewith and in connection with the preparation of a Blue Sky Survey, (vii)&nbsp;the printing and delivery to the Underwriters
in quantities as hereinabove stated of copies of the Registration Statement as originally filed and of each amendment thereto,
the Pre-Pricing Prospectus, any Issuer Free Writing Prospectus and of the Prospectus and any amendments or supplements thereto,
(viii)&nbsp;the printing and delivery to you of copies of the Blue Sky Survey, and (ix)&nbsp;any fees or expenses of a depositary
in connection with holding the securities in book-entry form.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 17; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">If this Agreement
is cancelled or terminated by the Representatives in accordance with the provisions of Section&nbsp;5 or Section&nbsp;9(a)(i) hereof,
the Company shall reimburse you for all of your out-of-pocket expenses, including the reasonable fees and disbursements of counsel
for the Underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 5.
<U>Conditions of the Underwriters&rsquo; Obligations</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The obligations
of the Underwriters hereunder are subject to the accuracy of the representations and warranties of the Company herein contained,
to the performance by the Company of its obligations hereunder, and to the following further conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Effectiveness
of Registration Statement</U>. At Closing Time no order suspending the effectiveness of the Registration Statement shall have been
issued under the 1933&nbsp;Act or proceedings therefor initiated or threatened by the Commission pursuant to Rule&nbsp;401(g)(2)
of the 1933 Act Regulations or pursuant to Section&nbsp;8A of the 1933 Act. The Prospectus and each Issuer Free Writing Prospectus
shall have been filed or transmitted for filing with the Commission pursuant to Rule&nbsp;424(b) of the 1933 Act Regulations (in
the case of an Issuer Free Writing Prospectus, to the extent required by Rule&nbsp;433 of the 1933 Act Regulations) and prior to
the Closing Time the Company shall have provided evidence satisfactory to the Representatives of such timely filing or transmittal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Opinions</U>.
At Closing Time the Representatives shall have received:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">(1)&nbsp;The
favorable opinions and negative assurance letter, dated as of Closing Time, of Skadden, Arps, Slate, Meagher &amp; Flom LLP, special
counsel to the Company, as set forth in Exhibit&nbsp;A hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">(2)&nbsp;&nbsp;The
favorable opinion, dated as of Closing Time, of Ballard Spahr&nbsp;LLP, Maryland corporate counsel for the Company, in form and
scope satisfactory to counsel for the Underwriters, to the effect that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 18; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(i)
The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of
Maryland.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(ii)
The Company has the corporate power and authority to own, lease and operate its properties and to conduct its business as described
in the Time of Sale Information and the Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(iii)&nbsp;The authorized capital stock of the Company is as set forth in the Base Prospectus under the caption &ldquo;Description of Capital
Stock.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(iv)&nbsp;The execution and delivery of the Indenture have been duly and validly authorized by all necessary corporate action on the part
of the Company under its charter and bylaws and the Maryland General Corporation Law (the &ldquo;<B>MGCL</B>&rdquo;). The Indenture
has been duly executed and delivered by the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(v)&nbsp;&nbsp;The
issuance of the Securities pursuant to the Indenture, and the offer and sale of the Securities pursuant to this Agreement, have
been duly authorized by all necessary corporate action on the part of the Company under its charter and bylaws and the MGCL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(vi)
Texas HCP,&nbsp;Inc. has been duly incorporated and is validly existing as a corporation in good standing under the laws of the
State of Maryland and has the corporate power and authority to own, lease and operate its properties and to conduct its business
as described in the Prospectus. All of the issued and outstanding shares of capital stock of Texas HCP,&nbsp;Inc. have been duly
authorized and validly issued, are fully paid and non-assessable and are owned by the Company, directly or through subsidiaries,
free and clear of any security interest, mortgage, pledge, lien, encumbrance or claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(vii)
The execution, delivery and performance of this Agreement has been duly and validly authorized by all necessary corporate action
on the part of the Company under its charter and bylaws and the MGCL. This Agreement has been duly executed and delivered by the
Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(viii)
The issuance and sale of the Securities by the Company and the compliance by the Company with the provisions of this Agreement
and the Indenture and the consummation of the transactions contemplated hereby and thereby, will not result in any violation of
the provisions of the charter or bylaws of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(ix)&nbsp;No authorization, approval, consent, decree or order of any Maryland court or governmental authority or agency is required under
the MGCL for the consummation by the Company of the transactions contemplated by this Agreement or in connection with the sale
of the Securities hereunder, except such as may have been obtained or rendered, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 19; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">In
rendering its opinion, Ballard Spahr&nbsp;LLP shall state that each of Sidley Austin&nbsp;LLP, in rendering its opinion pursuant
to Section&nbsp;5(b)(4), and Skadden, Arps, Slate, Meagher &amp; Flom LLP, in rendering its opinions pursuant to Section&nbsp;5(b)(1),
may rely upon such opinion as to matters arising under the laws of the State of Maryland.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">(3)&nbsp;&nbsp;<U>Opinion
of Company Counsel</U>. The favorable opinion, dated as of Closing Time, of Troy E. McHenry, Executive Vice President &ndash; General
Counsel and Corporate Secretary of the Company, in form and scope satisfactory to counsel for the Underwriters, to the effect that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(i)&nbsp;To
such counsel&rsquo;s knowledge and information, the Company is duly qualified as a foreign corporation to transact business and
is in good standing in each jurisdiction in which its ownership or lease of substantial properties or the conduct of its business
requires such qualification, except where the failure to so qualify would not reasonably be expected to have a material adverse
effect on the condition, financial or otherwise, or the earnings, business affairs or business prospects of the Company and its
subsidiaries considered as one enterprise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(ii)&nbsp;To
such counsel&rsquo;s knowledge and information, each Significant Subsidiary of the Company is duly qualified as a foreign corporation,
limited liability company or partnership, as the case may be, to transact business and is in good standing in each jurisdiction
in which its ownership or lease of substantial properties or the conduct of its business requires such qualification, except where
the failure to so qualify and be in good standing would not reasonably be expected to have a material adverse effect on the condition,
financial or otherwise, or the earnings, business affairs or business prospects of the Company and its subsidiaries considered
as one enterprise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(iii)&nbsp;To such counsel&rsquo;s knowledge and information, no material default exists in the due performance or observance by the Company
or any of its subsidiaries of any obligation, agreement, covenant or condition contained in any contract, indenture, mortgage,
loan agreement, note, lease or other instrument described or referred to in the Registration Statement, the Time of Sale Information
or the Prospectus or filed as an exhibit thereto or incorporated by reference therein which would have a material adverse effect
on the condition, financial or otherwise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries
considered as one enterprise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(iv)&nbsp;To such counsel&rsquo;s knowledge and information, there are no contracts, indentures, mortgages, loan agreements, notes, leases
or other instruments or documents required to be described or referred to in the Registration Statement, the Time of Sale Information
or the Prospectus or to be filed as exhibits thereto other than those described or referred to therein or filed or incorporated
by reference as exhibits thereto and the descriptions thereof or references thereto are correct in all material respects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 20; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(v)&nbsp;The
authorized, issued and outstanding capital stock of the Company as of March 31, 2020 is as set forth in the Company&rsquo;s Form
10-Q for the quarterly period ended March 31, 2020 on the Company&rsquo;s unaudited consolidated balance sheet as of March 31,
2020 in the line item &ldquo;Common stock, $1.00 par value.&rdquo; The shares of issued and outstanding Common Stock have been
duly authorized and validly issued and are fully paid and non-assessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(vi)
The issue and sale of the Securities and the compliance by the Company with the provisions of this Agreement, the Indenture and
the Securities, and the consummation of the transactions contemplated herein and therein will not, to the best of such counsel&rsquo;s
knowledge and information, result in any material violation of any order applicable to the Company of any court or governmental
agency or body having jurisdiction over the Company or any of its subsidiaries or any of their properties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">(vii)
To such counsel&rsquo;s knowledge and information, there are no legal or governmental proceedings pending or threatened which are
required to be disclosed in the Time of Sale Information or the Prospectus or otherwise incorporated by reference therein that
are not so disclosed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">(4)&nbsp;The
favorable opinion, dated as of Closing Time, of Sidley Austin&nbsp;LLP, counsel to the Underwriters, with respect to such matters
as the Representatives may reasonably request. In rendering such opinion, Sidley Austin&nbsp;LLP may rely upon the opinion of Ballard
Spahr&nbsp;LLP, rendered pursuant to Section&nbsp;5(b)(2), as to matters arising under the laws of the State of Maryland.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">(5)&nbsp;In
giving its opinion required by subsection&nbsp;(b)(4) of this Section, Sidley Austin&nbsp;LLP shall additionally state that no
facts have come to its attention that have caused it to believe that the Registration Statement, at the time of its effective date
and at the date of the Prospectus Supplement, contained an untrue statement of a material fact or omitted to state a material fact
required to be stated therein or necessary to make the statements therein not misleading, that the Time of Sale Information, at
the Time of Sale, contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein
or necessary to make the statements therein not misleading, or that the Prospectus, as of the date of the Prospectus Supplement
or at Closing Time, included or includes an untrue statement of a material fact or omitted or omits to state a material fact necessary
in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; it being
understood that such counsel shall express no belief with respect to (i)&nbsp;the financial statements, schedules and other financial
data included or incorporated by reference in or omitted from the Registration Statement, the Time of Sale Information or the Prospectus
or (ii)&nbsp;any Form&nbsp;T-1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 21; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">In
giving their opinions, Skadden, Arps, Slate, Meagher &amp; Flom&nbsp;LLP, Troy E. McHenry, Ballard Spahr&nbsp;LLP and Sidley Austin&nbsp;LLP
may rely, to the extent recited therein, (A)&nbsp;as to all matters of fact, upon certificates and written statements of officers
of the Company, and (B)&nbsp;as to the qualification and good standing of the Company and each Significant Subsidiary to do business
in any state or jurisdiction, upon certificates of appropriate government officials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(c)&nbsp;<U>Officers&rsquo;
Certificate</U>. At Closing Time there shall not have been, since the date hereof or since the respective dates as of which information
is given in the Registration Statement and the Prospectus or the Time of Sale Information, any material adverse change in the condition,
financial or otherwise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered
as one enterprise, whether or not arising in the ordinary course of business, and you shall have received a certificate of the
President or a Vice President of the Company and of the chief financial or chief accounting officer of the Company, dated as of
Closing Time, to the effect that (i)&nbsp;there has been no such material adverse change, (ii)&nbsp;the representations and warranties
in Section&nbsp;1 hereof are true and correct with the same force and effect as though expressly made at and as of Closing Time,
(iii)&nbsp;the Company has performed or complied with all agreements and satisfied all conditions on its part to be performed or
satisfied at or prior to Closing Time, (iv)&nbsp;no order suspending the effectiveness of the Registration Statement has been issued
and no proceedings for that purpose have been initiated or, to the best knowledge and information of such officer, threatened by
the Commission, (v)&nbsp;no examination pursuant to Section&nbsp;8(c) of the 1933 Act concerning the Registration Statement has
been initiated by the Commission, and (vi)&nbsp;the Company has not become the subject of a proceeding under Section&nbsp;8A of
the 1933 Act in connection with the offering of the Securities. As used in this Section&nbsp;5(c), the term &ldquo;Prospectus&rdquo;
means the Prospectus in the form first used to confirm sales of the Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(d)&nbsp;<U>Accountants&rsquo;
Comfort Letter</U>. At the time of the execution of this Agreement, the Representatives shall have received a letter from Deloitte&nbsp;&amp;
Touche&nbsp;LLP, dated such date, in form and substance satisfactory to the Representatives, containing statements and information
of the type ordinarily included in accountants&rsquo; &ldquo;comfort letters&rdquo; to underwriters with respect to financial statements
and financial information included and incorporated by reference in the Registration Statement, the Time of Sale Information and
the Prospectus (including, without limitation, the pro forma financial statements) and each substantially in the same form as the
draft letter previously delivered to and approved by the Representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(e)&nbsp;<U>Bring-down
Comfort Letter</U>. At Closing Time, the Representatives shall have received a letter from Deloitte&nbsp;&amp; Touche&nbsp;LLP,
dated as of Closing Time, to the effect that they reaffirm the statements made in their letter furnished pursuant to subsection&nbsp;(d)
of this Section, except that the specified date referred to therein shall be a date not more than three business days prior to
Closing Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 22; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">(f) <U>Accounting
Officer&rsquo;s Certificate.</U> At the time of the execution of this Agreement, the Representatives shall have received a certificate,
in form and substance satisfactory to the Representatives, signed by the chief financial officer, principal financial officer or
chief accounting officer of the Company, acting solely in his or her capacity as such officer, certifying as to the accuracy of
certain financial information included in the Registration Statement, the Time of Sale Information and/or the Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(g)&nbsp;<U>Additional
Documents</U>. At Closing Time, counsel for the Underwriters shall have been furnished with such documents and opinions as they
may reasonably require for the purpose of enabling them to pass upon the issuance and sale of the Securities as herein contemplated
and related proceedings, or in order to evidence the accuracy and completeness of any of the representations and warranties, or
the fulfillment of any of the conditions, herein contained; and all proceedings taken by the Company in connection with the issuance
and sale of the Securities as herein contemplated shall be satisfactory in form and substance to the Representatives and counsel
for the Underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(h)&nbsp;<U>Maintenance
of Ratings</U>. The Company shall have delivered to the Representatives a letter, dated Closing Time, from each such rating agency,
or other evidence satisfactory to the Representatives, confirming that the Securities have the ratings set forth in the Issuer
Free Writing Prospectus identified in Exhibit B hereto; and since the date of this Agreement, there shall not have occurred a downgrading
in the rating assigned to the Securities or any of the Company&rsquo;s other securities by any &ldquo;nationally recognized statistical
rating organization,&rdquo; as that term is defined by the Commission for purposes of Section 3(a)(62) of the 1934 Act, and since
the date of this Agreement, no such organization shall have publicly announced that it has placed the Securities or any of the
Company&rsquo;s other securities on what is commonly termed a &ldquo;watch list&rdquo; for possible down-grading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">If any condition
specified in this Section shall not have been fulfilled when and as required to be fulfilled, this Agreement may be terminated
by the Representatives by notifying the Company at any time at or prior to Closing Time, and such termination shall be without
liability of any party to any other party except as provided in Section&nbsp;4 hereof. Notwithstanding any such termination, the
provisions of Sections&nbsp;1, 4, 6, 7 and 8 shall remain in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 6.
<U>Indemnification</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
of the Underwriters</U>. The Company agrees to indemnify and hold harmless each Underwriter, its directors, officers and agents,
and each person, if any, who controls any Underwriter within the meaning of Section&nbsp;15 of the 1933&nbsp;Act or Section&nbsp;20
of the 1934&nbsp;Act, as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(i)&nbsp;&nbsp;against
any and all loss, liability, claim, damage and expense whatsoever, as incurred, arising out of any untrue statement or alleged
untrue statement of a material fact contained in the Registration Statement (or any amendment thereto), or any omission or alleged
omission therefrom of a material fact required to be stated therein or necessary to make the statements therein not misleading
or arising out of any untrue statement or alleged untrue statement of a material fact contained in the Pre-Pricing Prospectus or
the Prospectus (or any amendment or supplement thereto), or any Issuer Free Writing Prospectus or any Time of Sale Information
or any &ldquo;issuer information&rdquo; (as defined in Rule&nbsp;433(h) under the 1933 Act), filed or required to be filed pursuant
to Rule&nbsp;433(a) under the 1933 Act, any information provided to the investors by, or with the approval of, the Company in connection
with any offering of the Securities, including any roadshow or investor presentation made to investors by the Company (whether
in person or electronically) or the omission or alleged omission therefrom of a material fact necessary in order to make the statements
therein, in the light of the circumstances under which they were made, not misleading;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 23; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(ii)&nbsp;against
any and all loss, liability, claim, damage and expense whatsoever, as incurred, to the extent of the aggregate amount paid in settlement
of any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or of any claim
whatsoever based upon any such untrue statement or omission, or any such alleged untrue statement or omission, if such settlement
is effected with the written consent of the Company; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">(iii)
against any and all expense whatsoever, as incurred (including, subject to Section&nbsp;6(c) hereof, the fees and disbursements
of counsel chosen by the Representatives), reasonably incurred in investigating, preparing or defending against any litigation,
or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever based upon
any such untrue statement or omission, or any such alleged untrue statement or omission, to the extent that any such expense is
not paid under (i)&nbsp;or (ii)&nbsp;above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent"><U>provided</U>, <U>however</U>,
that this indemnity agreement shall not apply to any loss, liability, claim, damage or expense to the extent arising out of any
untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with written information
furnished to the Company by any Underwriter through the Representatives expressly for use in the Registration Statement (or any
amendment thereto) or the Prospectus or any Pre-Pricing Prospectus (or any amendment or supplement thereto), or any Issuer Free
Writing Prospectus or any Time of Sale Information, or made in reliance upon the Trustee&rsquo;s Form&nbsp;T-1 filed as an exhibit
to the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
of the Company, Directors and Officers</U>. Each Underwriter severally and not jointly agrees to indemnify and hold harmless the
Company, its directors, each of its officers who signed the Registration Statement, and each person, if any, who controls the Company
within the meaning of Section&nbsp;15 of the 1933&nbsp;Act or Section&nbsp;20 of the 1934 Act against any and all loss, liability,
claim, damage and expense described in the indemnity contained in subsection&nbsp;(a)&nbsp;of this Section, as incurred, but only
with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the Registration Statement (or
any amendment thereto) or the Prospectus or any Pre-Pricing Prospectus (or any amendment or supplement thereto) or any Issuer Free
Writing Prospectus or any Time of Sale Information in reliance upon and in conformity with written information furnished to the
Company by any Underwriter through the Representatives expressly for use therein, it being understood and agreed upon that such
information shall solely consist of the following: (i) the information in the third paragraph under the caption &ldquo;Underwriting
(Conflicts of Interest)&rdquo; in the Pre-Pricing Prospectus and Prospectus concerning discounts; (ii) the second sentence in the
sixth paragraph under the caption &ldquo;Underwriting (Conflicts of Interest)&rdquo; in the Pre-Pricing Prospectus and Prospectus
concerning market making; and (iii) the information in the eighth paragraph under the caption &ldquo;Underwriting (Conflicts of
Interest)&rdquo; in the Pre-Pricing Prospectus and Prospectus solely as it relates to the Underwriters concerning stabilizing transactions,
overallotment and syndicate covering transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent"></P>

<!-- Field: Page; Sequence: 24; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Actions
Against Parties; Notification</U>. Each indemnified party shall give written notice as promptly as reasonably practicable to each
indemnifying party of any action commenced against it in respect of which indemnity may be sought hereunder, but failure to so
notify an indemnifying party shall not relieve such indemnifying party from any liability hereunder to the extent it is not materially
prejudiced as a result thereof and in any event shall not relieve it from any liability which it may have otherwise than on account
of this indemnity agreement. In the case of parties indemnified pursuant to Section&nbsp;6(a) above, counsel to the indemnified
parties shall be selected by the Representatives, and, in the case of parties indemnified pursuant to Section&nbsp;6(b) above,
counsel to the indemnified parties shall be selected by the Company. An indemnifying party may participate at its own expense in
the defense of any such action; <U>provided</U>, <U>however</U>, that counsel to the indemnifying party shall not (except with
the consent of the indemnified party) also be counsel to the indemnified party. In no event shall the indemnifying parties be liable
for fees and expenses of more than one counsel (in addition to any local counsel) separate from their own counsel for all indemnified
parties in connection with any one action or separate but similar or related actions in the same jurisdiction arising out of the
same general allegations or circumstances. No indemnifying party shall, without the prior written consent of the indemnified parties,
settle or compromise or consent to the entry of any judgment with respect to any litigation, or any investigation or proceeding
by any governmental agency or body, commenced or threatened, or any claim whatsoever in respect of which indemnification or contribution
could be sought under Section&nbsp;6 or Section&nbsp;7 hereof (whether or not the indemnified parties are actual or potential parties
thereto), unless such settlement, compromise or consent (i)&nbsp;includes an unconditional release of each indemnified party from
all liability arising out of such litigation, investigation, proceeding or claim and (ii)&nbsp;does not include a statement as
to or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Settlement
without Consent if Failure to Reimburse</U>. If at any time an indemnified party shall have requested an indemnifying party to
reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any
settlement of the nature contemplated by Section&nbsp;6(a)(ii) effected without its written consent if (i)&nbsp;such settlement
is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii)&nbsp;such indemnifying
party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and
(iii)&nbsp;such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the
date of such settlement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>EDGAR</U>.
For purposes of this Section&nbsp;6, all references to the Registration Statement, any Pre-Pricing Prospectus, Issuer Free Writing
Prospectus or the Prospectus, or any amendment or supplement to any of the foregoing, shall be deemed to include, without limitation,
any electronically transmitted copies thereof filed with the Commission pursuant to EDGAR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 25; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 7.
<U>Contribution</U>. If the indemnification provided for in Section&nbsp;6 hereof is for any reason unavailable to or insufficient
to hold harmless an indemnified party in respect of any losses, liabilities, claims, damages or expenses referred to therein, then
each indemnifying party shall contribute to the aggregate amount of such losses, liabilities, claims, damages and expenses incurred
by such indemnified party, as incurred, (i)&nbsp;in such proportion as is appropriate to reflect the relative benefits received
by the Company, on the one hand, and the Underwriters, on the other hand, from the offering of the Securities pursuant to this
Agreement or (ii)&nbsp;if the allocation provided by clause&nbsp;(i) is not permitted by applicable law, in such proportion as
is appropriate to reflect not only the relative benefits referred to in clause&nbsp;(i) above but also the relative fault of the
Company, on the one hand, and of the Underwriters, on the other hand, in connection with the statements or omissions which resulted
in such losses, liabilities, claims, damages or expenses, as well as any other relevant equitable considerations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The relative
benefits received by the Company, on the one hand, and the Underwriters, on the other hand, in connection with the offering of
the Securities pursuant to this Agreement shall be deemed to be in the same respective proportions that the total net proceeds
from the offering of the Securities pursuant to this Agreement (before deducting expenses) received by the Company and the total
underwriting discount received by the Underwriters, in each case as set forth on the cover of the Prospectus Supplement, bear to
the aggregate public offering price of the Securities as set forth on such cover.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The relative
fault of the Company, on the one hand, and the Underwriters, on the other hand, shall be determined by reference to, among other
things, whether any such untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material
fact relates to information supplied by the Company or by the Underwriters and the parties&rsquo; relative intent, knowledge, access
to information and opportunity to correct or prevent such statement or omission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The Company
and the Underwriters agree that it would not be just and equitable if contribution pursuant to this Section&nbsp;7 were determined
by pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred
to above in this Section&nbsp;7. The aggregate amount of losses, liabilities, claims, damages and expenses incurred by an indemnified
party and referred to above in this Section&nbsp;7 shall be deemed to include any legal or other expenses reasonably incurred by
such indemnified party in investigating, preparing or defending against any litigation, or any investigation or proceeding by any
governmental agency or body, commenced or threatened, or any claim whatsoever based upon any such untrue or alleged untrue statement
or omission or alleged omission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Notwithstanding
the provisions of this Section&nbsp;7, no Underwriter shall be required to contribute any amount in excess of the amount by which
the total price at which the Securities underwritten by it were offered exceeds the amount of any damages which such Underwriter
has otherwise been required to pay by reason of any such untrue or alleged untrue statement or omission or alleged omission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">No person
guilty of fraudulent misrepresentation (within the meaning of Section&nbsp;11(f) of the 1933&nbsp;Act) shall be entitled to contribution
from any person who was not guilty of such fraudulent misrepresentation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 26; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">For purposes
of this Section&nbsp;7, each director, officer and agent of an Underwriter, and each person, if any, who controls an Underwriter
within the meaning of Section&nbsp;15 of the 1933&nbsp;Act or Section&nbsp;20 of the 1934&nbsp;Act shall have the same rights to
contribution as such Underwriter, and each director of the Company, each officer of the Company who signed the Registration Statement,
and each person, if any, who controls the Company within the meaning of Section&nbsp;15 of the 1933&nbsp;Act or Section&nbsp;20
of the 1934&nbsp;Act shall have the same rights to contribution as the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 8.
<U>Representations, Warranties and Agreements to Survive Delivery</U>. All representations, warranties and agreements contained
in this Agreement, or contained in certificates of officers of the Company submitted pursuant hereto, shall remain operative and
in full force and effect, regardless of any investigation made by or on behalf of any Underwriter or any controlling person, or
by or on behalf of the Company, and shall survive delivery of the Securities to the Underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 9.
<U>Termination</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Representatives may terminate this Agreement, by notice to the Company, at any time at or prior to Closing Time (i)&nbsp;if there
has been since the date of this Agreement or since the respective dates as of which information is given in the Prospectus or the
Time of Sale Information, any material adverse change in the condition, financial or otherwise, or in the earnings, business affairs
or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary
course of business, (ii)&nbsp;if there has occurred any material adverse change in the financial markets in the United States,
any outbreak of hostilities or other calamity or crisis or change or development involving a prospective change in national or
international political, financial or economic conditions, in each case the effect of which on the financial markets of the United
States is such as to make it, in the judgment of the Representatives, impracticable to market the Securities or enforce contracts
for the sale of the Securities, (iii)&nbsp;if trading in any securities of the Company has been suspended by the Commission or
a national securities exchange, or if trading generally on either the New York Stock Exchange or in the Nasdaq Global Market has
been suspended, or minimum or maximum prices for trading have been fixed, or maximum ranges for prices for securities have been
required, by the New York Stock Exchange or by the Nasdaq Global Market or by order of the Commission, the Financial Industry Regulatory
Authority or any other governmental authority, or a material disruption has occurred in commercial banking or securities settlement
or clearance services in the United States, or (iv)&nbsp;if a banking moratorium has been declared by either federal, New York,
Maryland or California authorities. As used in this Section&nbsp;9(a), the term &ldquo;Prospectus&rdquo; means the Prospectus in
the form first used to confirm sales of the Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
this Agreement is terminated pursuant to this Section, such termination shall be without liability of any party to any other party
except as provided in Section&nbsp;4 hereof. Notwithstanding any such termination, the provisions of Sections&nbsp;4, 6, 7 and
8 shall remain in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 10.
<U>Default by One or More of the Underwriters</U>. If one or more of the Underwriters shall fail at Closing Time to purchase the
Securities which it or they are obligated to purchase under this Agreement (the &ldquo;<B>Defaulted Securities</B>&rdquo;), the
Representatives shall have the right, within 24 hours thereafter, to make arrangements for one or more of the non-defaulting Underwriters,
or any other underwriters, to purchase all, but not less than all, of the Defaulted Securities in such amounts as may be agreed
upon and upon the terms herein set forth; if, however, the Representatives shall not have completed such arrangements within such
24 hour period, then:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 27; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
the aggregate principal amount of Defaulted Securities does not exceed 10% of the aggregate principal amount of the Securities
to be purchased, each of the non-defaulting Underwriters shall be obligated, severally and not jointly, to purchase the full amount
thereof in the proportions that their respective underwriting obligations hereunder bear to the underwriting obligations of all
non-defaulting Underwriters, or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
the aggregate principal amount of Defaulted Securities exceeds 10% of the aggregate principal amount of the Securities to be purchased
on such date, this Agreement shall terminate without liability on the part of any non-defaulting Underwriter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">No action
taken pursuant to this Section shall relieve any defaulting Underwriter from liability in respect of its default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">In the event
of any such default which does not result in a termination of this Agreement, either the Representatives, on the one hand, or the
Company, on the other hand, shall have the right to postpone Closing Time for a period not exceeding seven days in order to effect
any required changes in the Registration Statement or Prospectus or in any other documents or arrangements. As used herein, the
term &ldquo;Underwriter&rdquo; includes any person substituted for an Underwriter under this Section&nbsp;10.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 11.
<U>Certain Agreements of the Underwriters</U>. Each Underwriter hereby represents and agrees that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">(a)&nbsp;It
has not and will not use, authorize use of, refer to, or participate in the plan for use of, any &ldquo;free writing prospectus,&rdquo;
as defined in Rule&nbsp;405 of the 1933 Act Regulations other than (i)&nbsp;a free writing prospectus that, solely as a result
of use by the Underwriter, would not trigger an obligation to file such free writing prospectus with the Commission pursuant to
Rule&nbsp;433 of the 1933 Act Regulations, (ii)&nbsp;any Issuer Free Writing Prospectus listed on Exhibit&nbsp;B or prepared pursuant
to Section&nbsp;1(a)(iii) or Section&nbsp;3(c) above (including any electronic road show), or (iii)&nbsp;any free writing prospectus
prepared by such Underwriter and approved in writing by the Company in advance of the use of such free writing prospectus. Notwithstanding
the foregoing, the Underwriters may use a term sheet substantially in the form of Exhibit&nbsp;C hereto without the consent of
the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">(b)&nbsp;It
is not subject to any pending proceeding under Section&nbsp;8A of the 1933 Act with respect to the offering (and will promptly
notify the Company if any such proceeding against it is initiated during the Prospectus Delivery Period).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 28; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 12.
<U>Notices</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Unless otherwise
provided herein, all notices required under the terms and provisions hereof shall be in writing, either delivered by hand, by mail
or by telecopier, and any such notice shall be effective when received at the address specified below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">If to the
Company:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Healthpeak Properties,&nbsp;Inc.<BR>
1920 Main Street, Suite 1200<BR>
Irvine, California 92614<BR>
Attention: Troy E. McHenry<BR>
Facsimile: (949) 407-0800</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">With a copy
(which shall not constitute notice) to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Joseph A. Coco, Esq.<BR>
Skadden, Arps, Slate, Meagher &amp; Flom&nbsp;LLP<BR>
Four Times Square<BR>
New York, New York 10036<BR>
Facsimile: (917) 777-3050</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">David J. Goldschmidt,
Esq.<BR>
Skadden, Arps, Slate, Meagher &amp; Flom&nbsp;LLP<BR>
Four Times Square<BR>
New York, New York 10036<BR>
Facsimile: (917) 777-3574</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Laura Kaufmann Belkhayat,
Esq.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Skadden, Arps, Slate,
Meagher &amp; Flom&nbsp;LLP<BR>
Four Times Square<BR>
New York, New York 10036<BR>
Facsimile: (917) 777-2439</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">If to the
Underwriters, delivered via telecopier with a confirmation copy mailed to the addresses set forth below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in; background-color: white">Wells Fargo
Securities, LLC<BR>
550 South Tryon Street, 5th Floor<BR>
Charlotte, North Carolina 28202<BR>
Attention: Transaction Management<BR>
Facsimile: (704) 410-0326</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 29; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Barclays Capital Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">745 Seventh Avenue</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">New York, New York 10019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Attention: Syndicate
Registration</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Facsimile: (646) 834-8133</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">BofA Securities, Inc.<BR>
50 Rockefeller Plaza<BR>
NY1-050-12-01<BR>
New York, New York 10020<BR>
Attention: High Grade Transaction Management/Legal</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Morgan Stanley &amp;
Co. LLC<BR>
1585 Broadway<BR>
New York, New York 10036<BR>
Attention: Investment Banking Division<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">With a copy
(which shall not constitute notice) to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Sharon R. Flanagan, Esq.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">Sidley Austin&nbsp;LLP<BR>
555 California Street, Suite 2000<BR>
San Francisco, California 94104-1715<BR>
Facsimile: (415) 772-7400</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">or at such other address as such
party may designate from time to time by notice duly given in accordance with the terms of this Section&nbsp;12.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 13.
<U>Parties</U>. This Agreement shall inure to the benefit of and be binding upon the Underwriters and the Company and their respective
successors. Nothing expressed or mentioned in this Agreement is intended or shall be construed to give any person, firm or corporation,
other than the Underwriters and the Company and their respective successors and the controlling persons and the officers and directors
referred to in Sections&nbsp;6 and 7 hereof and their heirs and legal representatives any legal or equitable right, remedy or claim
under or in respect of this Agreement or any provision herein contained. This Agreement and all conditions and provisions hereof
are intended to be for the sole and exclusive benefit of the Underwriters and the Company and their respective successors, and
said controlling persons and said officers and directors and their heirs and legal representatives, and for the benefit of no other
person, firm or corporation. No purchaser of Securities from any Underwriter shall be deemed to be a successor merely by reason
of such purchase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 14.
<U>Governing Law and Time</U>. This Agreement shall be governed by and construed in accordance with the laws of the State of New
York applicable to agreements made and to be performed in such State. Unless stated otherwise, all specified times of day refer
to New York City time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 30; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in; background-color: white">Section
15. <U>Recognition of the U.S. Special Resolution Regimes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 6.8pt 0pt 0.75in; text-indent: 22.5pt">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT>In the event that any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution
Regime, the transfer from such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will
be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement,
and any such interest and obligation, were governed by the laws of the United States or a state of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 22.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 22.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 22.5pt">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT>In the event that any Underwriter that is a Covered Entity or a BHC Act Affiliate of such Underwriter becomes subject to
a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Underwriter
are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution
Regime if this Agreement were governed by the laws of the United States or a state of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 37.2pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 37.2pt">For purposes of this Section 15: (A) a
 &ldquo;BHC Act Affiliate&rdquo; has the meaning assigned to the term &ldquo;affiliate&rdquo; in, and shall be interpreted in accordance
with, 12 U.S.C. &sect; 1841(k)&#894; (B) &ldquo;<B>Covered Entity</B>&rdquo; means any of the following: (i) a &ldquo;covered entity&rdquo;
as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect; 252.82(b)&#894; (ii) a &ldquo;covered bank&rdquo;
as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect; 47.3(b)&#894; or (iii) a &ldquo;covered FSI&rdquo;
as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect; 382.2(b)&#894; (C) &ldquo;Default Right&rdquo;
has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. &sect;&sect; 252.81, 47.2 or 382.1,
as applicable&#894; and (D) &ldquo;U.S. Special Resolution Regime&rdquo; means each of (i) the Federal Deposit Insurance Act and
the regulations promulgated thereunder and (ii) Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the
regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">Section 16. <U>No
Advisory or Fiduciary Relationship</U>. The Company acknowledges and agrees that (i)&nbsp;the purchase and sale of the Securities
pursuant to this Agreement, including the determination of the public offering price of the Securities and any related discounts
and commissions, are arm&rsquo;s-length commercial transactions between the Company, on the one hand, and the Underwriters, on
the other hand, (ii)&nbsp;in connection with the offering contemplated hereby and the process leading to such transaction each
Underwriter is and has been acting solely as a principal and is not the agent or fiduciary of the Company or its stockholders,
creditors, employees or any other party, (iii)&nbsp;no Underwriter has assumed or will assume an advisory or fiduciary responsibility
in favor of the Company with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether
such Underwriter has advised or is currently advising the Company on other matters) and no Underwriter has any obligation to the
Company with respect to the offering contemplated hereby except the obligations expressly set forth in this Agreement, (iv)&nbsp;the
Underwriters and their respective affiliates may be engaged in a broad range of transactions that involve interests that differ
from those of the Company, and (v)&nbsp;no Underwriter has provided any legal, financial, accounting, regulatory or tax advice
with respect to the offering contemplated hereby and the Company has consulted its own legal, financial, accounting, regulatory
and tax advisors to the extent it deemed appropriate. The Underwriters acknowledge and agree that the Underwriters are not an agent
of the Company for any purpose under this Agreement including, for the avoidance of doubt, for any purpose related to the representations
and warranties of the Company contained in Section 1 of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white"></P>

<!-- Field: Page; Sequence: 31; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">Section 17.
<U>Other Provisions</U>. This Agreement supersedes all prior agreements and understandings (whether written or oral) between the
Company and the Underwriters, or any of them, with respect to the subject matter hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">The Company
and each of the Underwriters hereby irrevocably waives, to the fullest extent permitted by applicable law, any and all right to
trial by jury in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2pt; text-indent: 34pt; background-color: white">Section
18. <U>Counterparts and Electronic Signatures.</U> This Agreement may be executed by any one or more of the parties hereto in any
number of counterparts, each of which shall be deemed to be an original, but all such respective counterparts shall together constitute
one and the same instrument.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2pt; text-indent: 34pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2pt; text-indent: 34pt; background-color: white">The words
 &ldquo;execution,&rdquo; signed,&rdquo; &ldquo;signature,&rdquo; and words of like import in this Agreement or in any instruments,
agreements, certificates, legal opinions, negative assurance letters or other documents entered into or delivered pursuant to or
in connection with this Agreement or the Indenture shall include images of manually executed signatures transmitted by facsimile
or other electronic format (including, without limitation, &ldquo;pdf&rdquo;, &ldquo;tif&rdquo; or &ldquo;jpg&rdquo;) and other
electronic signatures (including, without limitation, DocuSign and AdobeSign). The use of electronic signatures and electronic
records (including, without limitation, any contract or other record created, generated, sent, communicated, received, or stored
by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of
a paper- based record-keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures
in Global and National Commerce Act, the New York State Electronic Signatures and Records Act and any other applicable law, including,
without limitation, any state law based on the Uniform Electronic Transactions Act or the Uniform Commercial Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"></P>

<!-- Field: Page; Sequence: 32; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent">If the foregoing
is in accordance with your understanding of our agreement, please sign and return to the Company a counterpart hereof, whereupon
this instrument, along with all counterparts, will become a binding agreement between the Underwriters and the Company in accordance
with its terms.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Very truly yours,</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">HEALTHPEAK PROPERTIES,&nbsp;INC.</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Peter A. Scott</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 42%"><FONT STYLE="font-size: 10pt">Peter A. Scott</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Executive Vice President and</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.5pt; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.5in 0pt 0; background-color: transparent"></P>

<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.5in 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.5in 0pt 0; background-color: transparent">CONFIRMED AND ACCEPTED,<BR>
as of the date first above written:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.5in 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">WELLS FARGO SECURITIES, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.5pt; background-color: transparent"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">/s/ Carolyn Hurley</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Carolyn Hurley</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Director</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt">BARCLAYS
    CAPITAL INC.</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <FONT STYLE="font-size: 10pt">/s/ Kelly Cheng</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Kelly Cheng</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Managing Director</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt">BOFA
    SECURITIES, INC.</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Hicham Hamdouch</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Hicham Hamdouch</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Managing Director</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt">MORGAN
    STANLEY &amp; CO. LLC</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Ian Drewe</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Ian Drewe</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: Executive Director</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in; background-color: transparent">For themselves
and as Representatives of the other Underwriters named in Schedule&nbsp;A hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.5in 0pt 0; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.5in 0pt 0; background-color: transparent"></P>

<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3.5in 0pt 0; background-color: transparent">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">SCHEDULE
A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 88%; font: 10pt Times New Roman, Times, Serif; margin-right: 1.125in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid">Name of Underwriter</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: transparent">Principal<BR>
Amount of<BR>
Securities to be<BR> Purchased</P></TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 85%; font-size: 10pt; text-align: left">Wells Fargo Securities, LLC </TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">$</TD><TD STYLE="width: 12%; font-size: 10pt; text-align: right">66,000,000</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Barclays Capital Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">66,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">BofA Securities, Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">54,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Morgan Stanley &amp; Co. LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">54,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Credit Suisse Securities (USA) LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">42,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Goldman Sachs &amp; Co. LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">42,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Mizuho Securities USA LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">42,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">BNY Mellon Capital Markets, LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Credit Agricole Securities (USA) Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">J.P. Morgan Securities LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">PNC Capital Markets LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">RBC Capital Markets, LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Regions Securities LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Scotia Capital (USA) Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">SMBC Nikko Securities America, Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">SunTrust Robinson Humphrey, Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">TD Securities (USA) LLC</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">U.S. Bancorp Investments, Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">19,500,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Huntington Securities, Inc.</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">$</TD><TD STYLE="font-size: 10pt; text-align: right">9,750,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">KeyBanc Capital Markets Inc.</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">9,750,000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 0.5in">Total</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">600,000,000</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent"></P>

<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">EXHIBIT A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent"></P>

<!-- Field: Page; Sequence: 36; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Exhibit A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">EXHIBIT&nbsp;B</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in; background-color: transparent"><B><U>Issuer
Free Writing Prospectus constituting part of Time of Sale Information</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in; background-color: transparent">Final
Term Sheet dated June 9, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"><B></B></P>

<!-- Field: Page; Sequence: 37; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Exhibit B-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: transparent"><B>&nbsp;</B></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">EXHIBIT&nbsp;C</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white"><B>Issuer Free Writing
Prospectus, dated June 9, 2020</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white"><B>Filed Pursuant
to Rule 433 under the Securities Act of 1933<BR>
Supplementing the Preliminary Prospectus Supplement dated June 9, 2020<BR>
Registration Statement No. 333-225318</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><IMG SRC="tm2012075d6_ex1-1img001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">Final Term Sheet</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">2.875% Senior Notes
due 2031</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">This term sheet
relates only to the securities described below and should be read together with Healthpeak Properties, Inc.&rsquo;s preliminary
prospectus supplement dated June 9, 2020 (the &ldquo;Preliminary Prospectus Supplement&rdquo;), the accompanying prospectus dated
May 31, 2018 and the documents incorporated by reference and deemed to be incorporated by reference therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: white">
<TD STYLE="width: 40%"><FONT STYLE="font-size: 10pt">Issuer:</FONT></TD>
<TD STYLE="width: 60%"><FONT STYLE="font-size: 10pt">Healthpeak Properties, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD><FONT STYLE="font-size: 10pt">Trade Date:</FONT></TD>
<TD><FONT STYLE="font-size: 10pt">June 9, 2020</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD><FONT STYLE="font-size: 10pt">Settlement Date:</FONT></TD>
<TD><FONT STYLE="font-size: 10pt">June 23, 2020 (T+10)</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: white">
<TD STYLE="width: 40%"><FONT STYLE="font-size: 10pt">Securities Offered:</FONT></TD>
<TD STYLE="width: 60%"><FONT STYLE="font-size: 10pt">2.875% Senior Notes due 2031</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD><FONT STYLE="font-size: 10pt">Aggregate Principal Amount Offered:</FONT></TD>
<TD><FONT STYLE="font-size: 10pt">$600,000,000</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Maturity Date:</FONT></TD>
<TD>January 15, 2031 &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Interest Payment Dates:</FONT></TD>
<TD>January 15 and July 15, commencing January 15, 2021 (long first coupon) &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Benchmark Treasury:</FONT></TD>
<TD>0.625% due May 15, 2030 &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Benchmark Treasury Price/Yield:</FONT></TD>
<TD>98-04 / 0.822% &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Spread to Benchmark Treasury:</FONT></TD>
<TD>+215 basis points &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD><FONT STYLE="font-size: 10pt">Yield to Maturity:</FONT></TD>
<TD><FONT STYLE="font-size: 10pt">2.972%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD><FONT STYLE="font-size: 10pt">Coupon:</FONT></TD>
<TD><FONT STYLE="font-size: 10pt">2.875% per year</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD><FONT STYLE="font-size: 10pt">Price to Public:</FONT></TD>
<TD><FONT STYLE="font-size: 10pt">99.125% of the principal amount, plus accrued interest, if any</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 38; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Exhibit C-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 40%"><P STYLE="margin-top: 0; margin-bottom: 0">Optional Redemption Provisions:</P>
                       <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                       <P STYLE="margin-left: 0.5in; margin-top: 0; margin-bottom: 0">Make-Whole Call:</P>
                       <P STYLE="margin-left: 0.5in; margin-top: 0; margin-bottom: 0">Par Call: &nbsp; &nbsp;</P></TD>
<TD STYLE="width: 60%"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                       <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                       <P STYLE="margin-top: 0; margin-bottom: 0">Prior to October 15, 2030&nbsp;(the &ldquo;Par Call Date&rdquo;), +35 basis points On and after the Par Call Date, at par</P></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD><FONT STYLE="font-size: 10pt">CUSIP / ISIN:</FONT></TD>
<TD><FONT STYLE="font-size: 10pt">42250P AB9 &nbsp;/ US42250PAB94</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: white">
<TD STYLE="width: 40%"><FONT STYLE="font-size: 10pt">Total Net Proceeds: </FONT></TD>
<TD STYLE="width: 60%"><FONT STYLE="font-size: 10pt">Approximately $590,850,000, after deducting underwriting discounts but before deducting estimated offering expenses payable by the Issuer.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Concurrent Tender Offer for Notes</FONT></TD>
<TD>On June&nbsp;9, 2020, the Issuer announced that it has amended its previously announced tender offer (the &ldquo;Tender Offer&rdquo;) to purchase for cash its 4.250% Senior Notes due 2023 (the &ldquo;Tender Notes&rdquo;) to increase the aggregate maximum tender amount from an aggregate principal amount of $150,000,000 to $250,000,000. All other terms of the previously announced Tender Offer remain unchanged. &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Use of Proceeds:</FONT></TD>
<TD>The Issuer intends to use net proceeds from this offering (i) to fund the redemption, prior to their stated maturity date, of all $300 million aggregate principal amount of its 3.150% Senior Notes due August 2022 that are outstanding, and the payment of accrued interest and related fees, premiums and expenses in connection therewith and (ii) to fund the purchase price in the Tender Offer for the Tender Notes and the payment of accrued interest and related fees, premiums and expenses in connection therewith. The Issuer intends to use any remaining net proceeds, including in the event that they do not achieve full participation in the Tender Offer, for general corporate purposes, including repayment of any outstanding borrowings under their revolving credit facility (without any permanent reductions in the commitments thereunder) and/or to repay any outstanding commercial paper. &nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Joint Book-Running Managers:</FONT></TD>
<TD>Wells Fargo Securities, LLC<BR>
 Barclays Capital Inc. <BR>
BofA Securities, Inc.<BR> Morgan Stanley &amp; Co. LLC <BR>
Credit Suisse Securities (USA) LLC<BR> Goldman Sachs &amp; Co. LLC<BR>
 Mizuho Securities USA LLC</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white"><FONT STYLE="font-size: 10pt">Senior Co-Managers</FONT></TD>
<TD>BNY Mellon Capital Markets, LLC<BR>
 Credit Agricole Securities (USA) Inc. <BR>
J.P. Morgan Securities LLC<BR>
 PNC Capital Markets LLC<BR>
 RBC Capital Markets, LLC <BR>
Regions Securities LLC<BR>
 Scotia Capital (USA) Inc.<BR>
 SMBC Nikko Securities America, Inc. <BR>
SunTrust Robinson Humphrey, Inc. <BR>
TD Securities (USA) LLC <BR>
U.S. Bancorp Investments, Inc.</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="background-color: white; width: 40%"><FONT STYLE="font-size: 10pt">Co-Managers</FONT></TD>
<TD STYLE="width: 60%">Huntington Securities, Inc.<BR>
 KeyBanc Capital Markets Inc.</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 39; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Exhibit C-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>The Issuer has filed a registration
statement (including a preliminary prospectus supplement and a prospectus) with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;)
for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement
and prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete information
about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC&rsquo;s website at www.sec.gov.
Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus
supplement and prospectus if you request it by calling Wells Fargo Securities, LLC toll-free at 1-800-645-3751, Barclays Capital
Inc. toll free at 1-888-603-5847, BofA Securities, Inc. toll-free at 1-800-294-1322 or Morgan Stanley &amp; Co. LLC toll-free at
1-866-718-1649.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: transparent"></P>

<!-- Field: Page; Sequence: 40; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Exhibit C-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: transparent">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: transparent">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>tm2012075d6_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0; text-align: left">&nbsp;</P>

<P STYLE="margin: 0; text-align: left"><IMG SRC="tm2012075d6_ex99-1img001.jpg" ALT=""></P>

<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="margin: 0; text-align: left">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Healthpeak Properties<SUP>TM</SUP> Prices $600 Million of
2.875% Senior Unsecured Notes due 2031 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">IRVINE, Calif., June 9, 2020 /PRNewswire/ -- Healthpeak Properties,
Inc. (NYSE: PEAK) announced today that it has priced a public offering of $600 million aggregate principal amount of 2.875% senior
unsecured notes due 2031. The price to investors was 99.125% of the principal amount of the notes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Healthpeak intends to use the net proceeds from the offering
(i) to fund the redemption, prior to their stated maturity date, of all $300 million aggregate principal amount of the 3.15% senior
notes due August 2022 that are outstanding, and the payment of accrued interest and related fees, premiums and expenses in connection
therewith, and (ii) to fund the purchase price for its previously announced tender offer to purchase for cash a portion of its
4.250% senior notes due November 2023 and the payment of accrued interest and related fees, premiums and expenses in connection
therewith. Healthpeak intends to use any remaining net proceeds, including in the event that it does not achieve full participation
in the tender offer, for general corporate purposes, including repayment of any outstanding borrowings under its revolving credit
facility (without any permanent reductions in the commitments thereunder) and/or to repay any outstanding commercial paper.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The offering is expected to close on June 23, 2020, subject
to the satisfaction of customary closing conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Wells Fargo Securities, Barclays, BofA Securities and Morgan
Stanley are acting as joint book-running managers for this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This offering is being made pursuant to an effective shelf registration
statement and prospectus and a related preliminary prospectus supplement filed with the Securities and Exchange Commission. This
press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Copies of the prospectus supplement and related prospectus for
this offering, when available, can be obtained from: (i) Wells Fargo Securities, LLC at 608 2nd Avenue South, Suite 1000, Minneapolis,
MN 55402, Attention: WFS Customer Service, or by calling: 1-800-645-3751, or by emailing:wfscustomerservice@wellsfargo.com, (ii)
Barclays Capital Inc., Attn: Prospectus Department, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717,
telephone: 1-888-603-5847, (iii) BofA Securities, Inc. at BofA Securities, Inc., NC1-004-03-43, 200 North College Street, 3rd Floor,
Charlotte, NC 28255-0001, Attention: Prospectus Department or by email at dg.prospectus_requests@bofa.com and (iv) Morgan Stanley
 &amp; Co. LLC at Morgan Stanley &amp; Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department,
Tel: (866) 718-1649; Email: prospectus@morganstanley.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2012075d6_ex99-1img001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About Healthpeak</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Healthpeak Properties, Inc. is a fully integrated real estate
investment trust (REIT) and S&amp;P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay
healthcare asset classes of Life Science, Senior Housing and Medical Office, designed to provide stability through the inevitable
industry cycles. At Healthpeak, we pair our deep understanding of the healthcare real estate market with a strong vision for long-term
growth.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Forward-looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This press release contains forward-looking statements within
the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and
phrases such as &ldquo;believe,&rdquo; &ldquo;expect,&rdquo; &ldquo;intend,&rdquo; &ldquo;will,&rdquo; &ldquo;project,&rdquo; &ldquo;anticipate,&rdquo;
 &ldquo;position,&rdquo; and other similar terms and phrases, including references to assumptions and forecasts of future results.
Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other
factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements
are made. These risks include the risk we may not complete this offering in a timely fashion or at all, that the proceeds from
the offering may not be deployed as anticipated, and those risks and uncertainties associated with Healthpeak&rsquo;s business
described in its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, its Quarterly Report on Form 10-Q for
the quarter ended March 31, 2020, and its subsequent filings with the Securities and Exchange Commission. Although Healthpeak believes
the expectations reflected in such forward-looking statements are based upon reasonable assumptions, Healthpeak can give no assurance
that the expectations will be attained or that any deviation will not be material. All information in this release is as of the
date of this release, and Healthpeak undertakes no obligation to update any forward-looking statement to conform the statement
to actual results or changes in its expectations, except as required by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Contact</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Barbat Rodgers</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Senior Director &ndash; Investor Relations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(949) 407-0400</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>4
<FILENAME>hcp-20191121.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.3c -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: +K85w7xRiXgen8uNbXAsWaWPabPtzp5x+ekhuWh/bcnabyIhh81gcyR/Bud2kSkO -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2019-01-31" xmlns:srt="http://fasb.org/srt/2019-01-31" xmlns:srt-types="http://fasb.org/srt-types/2019-01-31" xmlns:hcp="http://hcpi.com/20191121" elementFormDefault="qualified" targetNamespace="http://hcpi.com/20191121">
    <annotation>
      <appinfo>
	<link:roleType roleURI="http://hcpi.com/role/Cover" id="Cover">
	  <link:definition>00000001 - Document - Cover</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="hcp-20191121_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="hcp-20191121_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2019-01-31" schemaLocation="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd" />
    <import namespace="http://fasb.org/us-gaap/2019-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd" />
    <import namespace="http://fasb.org/us-types/2019-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2017-01-31" schemaLocation="https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd" />
    <import namespace="http://fasb.org/srt/2019-01-31" schemaLocation="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd" />
    <import namespace="http://fasb.org/srt-types/2019-01-31" schemaLocation="http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>hcp-20191121_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.3c -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>hcp-20191121_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.3c -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://hcpi.com/role/Cover" xlink:href="hcp-20191121.xsd#Cover" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://hcpi.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>tm2012075d6_ex1-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2012075d6_ex1-1img001.jpg
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MT=M5\ZX1=,$4#"()]D?"ETD ZY"K@G^Z1U(K=TBWFBUS79)8W6.:XC:-B.'
MA0$C\01^%<[/I]['X(L(C!>1S1:GYKB"/=*B?:&;<%P<\$'H:U;EH[[PM)'-
M!K-VJ2+N9X?*N00P82*,+G:<$8';H:M>&)[Z>UN?MOG/&DVVWGG@\F69-HY9
M,#!!R,X&0 <5MT444444445D>(O#MMXALT21W@NH&\RUNXN)('[,#Z>H[USQ
M\1^(Y%_X1]=/V>(?NO>;/]%6+_GX![Y[)_>]JZ/P]X>M?#E@8+<O+-*WF7%S
=(<R3R'JS'_.*U:*********************__]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>tm2012075d6_ex99-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2012075d6_ex99-1img001.jpg
M_]C_X  02D9)1@ ! 0$ > !X  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1" !& /P# 2(  A$! Q$!_\0
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M 20-VUE!^\5'-?17[0_[1W@K]F/P#)XK\:WSPV[/Y-I8VJA[J]FQD1Q(2,G
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M=^,'Q:_X2/QQX(TWX8_"N.SD@70-0!?49YC@I*"<.&!&"75$VD@(6^8?6]%
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E** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH __V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.1</span><table class="report" border="0" cellspacing="2" id="idp6605848272">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Jun. 09, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun.  09,  2020<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-08895<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Healthpeak Properties, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000765880<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">33-0091377<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">1920 Main Street<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 1200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Irvine<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">92614<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">949<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">407-0700<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common stock, $1.00 par value<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">PEAK<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>11
<FILENAME>0001104659-20-072046-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001104659-20-072046-xbrl.zip
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M_D4^4+'%OS('^MA<KW622MKA7U!+ P04    " !CALI0#U<[A?T*  #?AP
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MLXV&)@J(#;LS (Y*C HU$G*/>-SQ9(/Y?I%$/9V'*70+"&2T38BN"@@1P!K
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M,?AOGOP]@+OPP".P4P08A#]?2A".W*+&X9YIKE)WV=> "!R)@>S/,=D''+X
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M\1LG0'%HE%#?O@3&4!&LB_:1KUMWP+_XM_S$__(OMW5'_@=02P,$%     @
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MGD)*%'2J=LJH[HPL1F])FYL0PJ$*[)&6H6265Z[_*LLFR-UI3BBH'R+IZ5"
M-J$VZ5I,P6*!NKVE 9<=FS0@>X.AN_\\&_C;S_TR?LZA?9U!'UT')5#$[IN4
M$M\MJJK!]V?C$\J^9TFU8NHZM6Q@?O!)%%L='DQ_CYJJ4#W '!8Q*,@<.FHD
M25NPB3ZX?/Y=Z@D'=MA?LF.-B!T#*V%R\%YB-ZKK@.UO>'LN#5--,&MW"KT]
M^\![9Z7*.OP3;IIA7<]A%C?OT=A%'=0*>*9JEY1/=6JHC\;._D='?1Z7"S_/
MY1--9X!2G_%XEAZQ<Z7=^'A:U@MKR"@686*U5H;^Y4IQ$_QYD11&O6F/3EI^
M^5@1*_P8L_;O+N\_?7;OR[W<VIB5@$"JEL^G):DBY_?W5V0=_,.?H^>U#3I@
MH2<8+IL0'W-R!N&QK6HBF YB8/#,\P)I1,EFCC@J$9O$MV&.QYJ-9R3F1GM6
MO-T86%04XJWW&]#<RG0RW0QICBW=G#+^FH1')9Y<F9DH_8$H9X77K*W!53]9
MG5U?A+%@;^H1>U-75<YLV_]QH1E,CK<U/[ZSLMO[Z]*]6T>I)Q%XJB97<A*Y
MI! +=QW.F)-@;?:6$LS2$X3EX@G+[7]L-=BX<OMEN$'"P$!W70ULD QPW[2N
M];A_]E%NP,=KWC,?C(3,W#K[Q$Y[<K'\?=U,FX-.U5K\'GBWL@0<Q9$B3/\U
MAX00YE(2(KE>3J'3'Y][.;J_;GH6X*=JC7H"04OT%.+H:9L0(NK?-"LY+KU]
MV'\HG3=+7T]+ZZ8F CU5J^1*<N%-Q7G'1PP3:XL#AS6+ZH1-F.(ZVCWFVV#6
MF;V[O;4#6!-$>[V)]>M9\ITDU465J7-&DR6BW]XOF65I="_1-4A$&![( &Y^
MQ4K ;J*&7I@0!K9'IO%H,M#JM9O-0CM__/GE];\YUHLP4[6"M)^6]M_8'N_,
MRT'_^7<Y)^\?V-!59Q9B2@R!ZA[6AA3=Q;R<4. \D/_WE>.K;/V56'L"R36$
M^U[AC1/_JV\Q]H@VP%J;,<3:6Q>-,[F@MN/7N%^C_+91CG]W;8AII^!P1DRY
M%1L#U+*X"582DZ&^.2%]IIL/R 9L1.Z0<OJ<##0=Y4RSB88'.E5DCV,26QN[
MND,-9KJV/B4VQ,KV8"J&^B/,/D#V0FA_)X+/2YTN3,0)-:9!V\#4 3J.PW*'
MALF.7=V<.&^^X/6BJE90.Y"L24SQ8+5CC<LUAP$=:_JT2CX#74B;O5S%EWU3
M_)EK#JPR9IRNX6= =KP]MN^=;U]O+]I7YGKV8Y(.)<:BY"UH^>"I/9B8VLU+
M^>KC ;2%$2%6:$<.2\6>H!5R10^@)^@+^W"X_;8C[Y/&28?D\E(&>N_&%4LV
MF&'^5H#XPEO7U#4%5LD87H)=!..H)U1[)Z?CR_;I_==)>:/2OXS/&XC^' F0
M*@^+!+F7"S0MYQ9%/[+O/!/\@I3QNO^6_;>5_>"(3YLSM+)XQ%J<O$%OSZ\'
M@Z2(_%/[PZ"E-1[TP68]0#)>;Z +@$Q:"6'SB#_P8(650TWG=OJ[JVF&U_>W
M;BSJ1G0#U]M(>45ER<<K2\NV7<:?5)F'R\K(=NXG5^SEI;(7J,P2=C^A.,G;
M61M1* ]N@K?)LW1A1UE-H?R^KZU0&\IGUY<9A>)2+T%CG*D1AOL'S8@LC)>?
ML %__];YV;H/),RW?5<X8KZD.SV\5>D=H5-&1-&I;3^J?/--^!=!XU04C^SI
MN&_J._;N2K!>1EEPSDD0Q@+M!&EZ&&GP9"YR/[-;G+P?OVS @Z.'OMQ/Y5Q?
M<#_>8)<*1QWKV"GI^GXJV?+];#5R$9=4#:VWB5PUE=L]\H><D21B44[NJ>XF
M[8&L>D;AR7,)"3L/OMATA=3$LTO[VM*U3GE:KJ_C$$($('B*9CWY%/A&.5!<
MD)G RR0?<BQ.2G?'IN2<U/6UG09"[5D^"!2'$Z@XF&@T@U]-?DNZ*$4SU[@"
M"]?O%U<I>6ZNZ-DR5(PG&.E/B2(*H##J%DP0$R= %HJ3FDU@]2$8P8F'VUM#
M;CXX(XQ++*Q84INH;* 9X"4U0T0CI" 5R?)QZ_DIZSS905+W#T2U)^@,<&!%
M+#S=B05I,1-8@'1N>:[MK;BSV[-9,;Z9#PS-F_G_=-'>S;UD+UTIOEM*(Z*B
MP[7A*"ZFC9B)IB\B)"HAJWC3)Q%(-%0;S&WV(UO, 75_">(:'FWQUN[LJ'%Y
M?E<:6C+;:%KS"&+/SVC^=L'_W)P-P@9J0?KVP"K%6CMO9V=[*V3I1F#+F [A
M/=@RPQ3!OFLS87L KMCM(>(FI"82 .]F.*Z4 *9/$?J#!K#1+AI $K1P=J_9
M, XL)#44+!521;RP1$2<#C54RE4P:&*?1TU*-?([=)9JA$U?AJPDV8$LK/=,
M_]K7-Y3(O<65Y]"A^-@KSZ$KT6]^:/Z5>(\X'T#_.Q?K$3#M ;FV1"&BBO,&
M\BFH$I9]F<&)U\;#RR?G8M:O)&+/Y<OA889;M> :_2)X"U!/]SFCM^D^ QT%
M[*G^0*=V%'(I!C!B\US(X>5>\TK_T@K;K[4<-B;EC"1[DY-K$40V\<Z;G=G$
M08'@GI>TTE7^M3B9>,C7!@G?@-O;WGKDEM4>H22X@$!")ZC)#AIU/-Z2DPY\
M[RV^R0>[>T2$/2*T!G< AEZ4]AZXM_M$AYQY1<(=X<K\23Z&^]2#/L&<GH?R
M8GR+,QN:*)X&LP/_8C.('\%/S4 Q;HN@0\5FSC0C 1STFP'A3*<"/J M)J6Z
M<,#XV2<R0K@HPT+_V02 S!\E2=J3O+] *Q R!#>.KC(XRD;'Z$FQ;RY3WB^^
M ]P-#9RN:]B8*WAN'"A3708KE)<SOHAB.F@P!P]7*(RI-AE )"9P"_" U1H
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MR)7\(OWBGO*ZZ<\(@4^0&'P$DU'-$-E]6"TP=@Y.UFF&%P>+J\QB*36'J"8
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M$N02@0\8C_ZUH757#',$JE<"%@*M5E9J]V:H%AT4MVV(!BKF0*>EWJU.A_:
M/G&.*%P\?-X7.57".DL$2,TI62E#]$E1!WN"ZZ4*=:E1JJ"\T71 /9O2"9*/
M&@O\$T%60OT):;LHM<(:!ODDR92>B>AS99PBYA.:_1-A$_'W:(R<1N4M]4N.
MWH1&Q8NIT'^@$>LMS*::EF[<"0Y*TX9:J&HL@T;?>4Z]9\Z4>@:[/R^^&ULY
M@Z7XK;$8)R&UP*19JVPG2G:BVS2*+CGNM_"0**%+*>]T;\Q.V0>.S^JHGZ$)
M>X)Q]E<^4\NECER)-*FH*(4[U$F"><;M*/@>TGFA"D$'[D22ZA B"BI+ILCX
M#OG(I5GA*))\=%.,BL:;U>VL<K6B3,\M<*Y3XPFN<+= 5;R-RQ7<Z&YU.[=T
MN?S84MO=6@OO.<); QGKV@L#KEO517C"+7>\R+-!#P[%E4%@Z^?))1)3+/D0
M7J<IVRCES-;^S(#BF?885LXQICB8A(RF>LVV/K@-(*8ZY=4*_:E<%GM!=OE)
MTR9Q_<G^]KSZ$_S>[]^V)LN;^)%WGI8?^=7:C_QX")SXKC#>KY$2N,LZD#W'
M3$$#H,)'1:/4/XNYU?Q6T)3Q1.Y:TL^D?SSOE&HBOV91<TY0LG&^2%Z>E7M*
MXN;$Z#9+M=-%263ET'%+"97T9^618J&$&5J!2KE=('O##7SN92^N-28U74,]
MD;[,NYO>=5CO!KARI\(UG;73F9#96\ZN13_Q,680YBF3&9'=$#XNFU',T&3H
MI]Q"#Y\?@R& QD"IM).A&7A@#SS1 ^O&S3W"A<2\4FR%F;2 GNSL19L[!SVI
MA-\Y&,I?3B1]'PEE@[UN/56PC)X5T.A HK)F&6<T+7'-J3Q?%TG=!%0<<]@D
M?LZ%>R<,!4+<0\O:-_YT@L'Q11*/X$931A%ZW#^/1LE JK#P!?R ::B@O@>-
MELP8!JA.%)@BA5[H]9AUFPP0NA A"\EB9V57D/Z=XKA1DA)[P0G7/ M-+>UT
M<1$Z-JEO3,,-WMFC_G[P/P/B&G!:0YMM[',;V0)=$,P/&$ Y!()(U-&9*"4V
MPIMR#P5D54Z#7-,1@8 11XV;/<[+BGI8(YXX$"=L)U6F$SI"DEC$TNU8S04K
MZF)BT+5+9:RF\65,B;E2^L=;.<T&IK>"WPS'NC1KUC2'-6GC4<KRA3-=DQ,E
M:ACA0P%FGUI@KX4"(E?  #WT>"[-D$8.0QI=AR%)]-RB,\1^4H3&OSW<$ W-
M '3DHZ95:$%L8\4[CUIQ/;I+WV5_=+O.)..^&7:XN]Y;(VAIK8'WZ6A#/(?7
MQ8*G'/O[:=JR  N^VV$P>)7:T(X%GY1WB *O^G?,98W"N^&.PA8V9)C:K>:7
M$$B!+8_HNVZG)HQ")Q82!ECT+L"EUV;*&VU,GK,R5A]P"XA -_3FV@IT$&DH
M8HG;R: L$)M.S2\2;GSO899-"4P$B1KC@J;1X,[VYC_"0&J=V2-E=?+27BIL
M)2*NT"K6T^IC RJ:@49Q\L_W(AHR343#RP0##O"]1KM#RK4!ZI"K#1*$;1$"
MU&1]!:8];KIJ[JS8%57(Z@9"5$:R+'-UZDN$S6&M]K>8O?"-A5/^+@OG(W<:
M[ !<KY 52BRIX98UR7]BP22EW6_N7T,W:::V!;NA%[#G!H],H+;5?H02\,TN
M,4FGM.Z7A22!/L=\%L?<D$W"9/9VP^YHWN4O;.EMM.'=AQ0)$@JP"5 8@AR1
M8(TUZN ALQ<7ZIL!TLMEYPI3:#MSYIB\/QP=$-17>I]=ZD9G+I#P;212>[YI
M>B@XEMW+!Z/T/$0=3)0P1GGB8@O''&]UX@-#U9I73/W)4X%C*Y2&)=)2PS5=
MQ6FZR:9222>/$I1^$6HKT>\D8.EDKB/"?= $S$H_DW %UT+EHG6L*><F/O;=
MI^5CW]E>.]E_:@H'S:6*%5=$MAAH(+QW@K]ZG!>8R@MF!5H[F.FC.>0GC./[
M:15M1;A+U=Q319I2 4-D4JR'8^TD)2HI560UU);HB@ :*6T-#>LJ^A9S,;R"
M'[!@&BD_3OX4]8ASA$P9?2]2"I8%\M*?L3X".F1I96+/W4>.A+YX84="0ZMA
M76-GUZJUR?6[XR^';M\3;12%Q/KS:<5YVE+A.HZ^D9>ZU!LZCI*44<1P>\8Q
M)KSD-KA6I QT4D8XO0+U^;@8X#]HD=S^>\2EM@8FC(5.J-+C2<$=(W8].@HB
M/D2[2,"@]IA\>IH5T-W,RG@P.5/GR<@=]IR:7?L#J\5*N)V'16\C_9MS7CAS
M$F\$;Z_"(R::!&7+<JFTNGCI_.%,-A1]JD$P503+#5(;1(#'U<%Z_@G:Z$".
M9,.-#**%-0)?DE $/3"82W26FD7B!'"P7E];!70061E;#ITC3 HH='A^=WMG
M6P;H=O[,*+'_'[ _PWSL$]V?_[!_[)*?NI9T3);ECSG3( 'X5_00_"W$@U.G
MPF%; Y,ZU84,!&\_:-!@2U%7*%+&!4B9FRHEII<1VP$6H-C<EO5LG^-FLA_&
M73:C\5YKF0^ _]^%(-K;V]K1"HF:R?.=K7U2<.9*(DG;_HC7//@0$9&R!^W*
MBME8W7Z72<1#";#2<5OG:%M8:)I_B^.)\D<:D["P( 7TE# M&LO^\5$E"L[L
M6G[C(#3R@#)C8 8B$,0*QMU(S6X(]&JIDG*M^=J0Y9+MME"4*'17U205!:$J
MQ:$?AVY[\<)RZH4:M5NAD%&F'R'44;W04$'X-"'W]( $4G:'I9*7:77WPF5W
M.S4J,%SFM2"5SH42XG(@!A1:!"446KC[@BJD!6)4]).*:I;$9^+Y&^?"D#0T
M]FJD<7*W2BR9U29F/@L36A5@T2WSE.M=Y1^OW?J6O_"5S^\.C^]0@0W:]-=0
M:Z],3DI,K:;+4J%%ABJ6RCV0&@^1TA0N@)]%*ESG7$EVHZMP+ &B"%,Z9%RB
M8^59XCFY@[[%$$!E>]_/T)TUQ3X@YLKR_OH7U(V\IFFWD^65BX]NZ]VHDCHY
MC/+"]I0(&ZXDQ]8*J#"01H1MY P:);5?Q- N,-A+T':)8[+FKO,E==6,(.*'
MP5\YZ+O!I12>"<*\I8*2TL\<KTI0%=4=Z#GT9,6IA&-0\(AFKI'>990;'S&>
MP*-UY-0FL=3M5\KO,O\])+4;D_*IMT<<2#Q39)C<ZB:MPY0"ZY(]";Y%*-Y*
MP255V=V*1C3>"^8]E!<1WHZ^2>!&'4./HN!GHP+65\W\E&X8?99/!3^>#;J*
MAD4DYL(T%KT]\KC6>3P$FI"<CF!WB]W!D324>*N0;V '[9-YK8K-27BL]T][
M09;Y[^=,=!AJ$"]7QZ7KTB9LQ= 3&RV<"AL-2R3W-U:I"S*TP(OK'^H$SY"%
MGKZI6&1/%P0N(26ZD%?=.FN,]5ZJI(",R\-( J2J%'RE']#[*+2GH ""49&/
M??7- LE3:0>HE(XQBMH@[TS^:CXAI.A8#-PLHMX267 ZN(B'H+L'AT%48<\K
M_7H&(H Q7[W<VG]Q\#=3,N"]5KP1V&B$J@)F.M9,M4OU25H3M#HE65N%/2ZP
M:!0LL5A!%TBRB)Z= :%62H"%F^SF8FU+2>KZ0BX7HMA[8B&*G2<=HOAI:7DE
MA>T+^X>-O]AE<U1=YV#:886=T>]*?L)GKZB'86D39;M*M#77=M/I-V"$",=_
M6$QPX>@U";N=CW%TC@;!WZ/QY'7P+@4N_^'#ES#X#);FQRB[ &TLRH)_4A<G
MW+Y_Y<4W\R_8W.WM';( I7Q:S NX7MQD7DV*9(I4W3)"7T!MU%QKM I>_+J]
M+5KMUL>M,#A&F*Z\R)*((L<ABHG_F<+D=O?"8'=[=SO4%<H"8X#Y9GY649R9
M)H!#N!52OL8MC,A7/6>N37JQ;R'VV*6.[Z:#$S-9!0)<@$)*LE7* F6T&;<]
MMC*R((*<<K) Z,8[:J^>%5L.)(4@<(Y8[T_&H)BC[8[B7AN1HZET/8H( 8<S
M#:>4CH06A)W'9E011@P:6CIGT_XH2\$J8Y'!2V.J6T:$1^#=CAK (G NW%-W
M14UMO!4<>U>C]6:H4ENX![DNW5!.1F6/ZM96K)8(UHF_0-0)T($J%;P*_!(H
M&'M)5%0R;).<<N;9A[L5O*?"$'("E!4A)&#XSE?6NAUJQ&7 I!HFQ 8\A1-X
MG\GYPPFB-A\)*3,IF52&RU#:> L$%',D.HX:PVE6E[AI&-\@2T?: AZ2IF7P
M#CAM;HT2 KLYIEX=R64RG#H*:50Z&O>E2;&R:2>DL^CUI^I>2,6GK:IM++'(
M)LKQ2(Y2\MFQ8=9[10G_H+E2#ZO2X!W31E\RH;JP7S17\N X%YKK;KD726U;
M40'G4G\;/DO[D-;JI+:/]]@^/I963GZX96T-TQR<8.5 [Q4Y_7T&A#=QE*=I
M?E7^NMZYE?P(1(@JA-?MT/9:#,;&3.>V:[JTYRM+EX:J+U77CJT6FV23)>U#
MY6I & CV*N /.9JHA):NAE!9XDZVM_+UYF6U:57C8*Q/-4BJYM0 F#1Y%9['
ME U)2>5\9E>5L+: $@CDX9%?+* B7,M-A!Y7CU(\H]0XPNJ7]<$75-C*4PH1
MR$'I]WT"NLYJ**@MXD!/<@$3]F9@XZY+^PWMK'7J6B37TDFBM,@J=-^>FWJ8
M;L=O3-Z0>XE0ZV6#,Z>7%^WS0_F&9V=5Z+S8]>M4[3=O=#M>EH:U$]J_^85V
MR\W8L.K%M)..]1L-=3_6&"9)AA,F/!;+G:4+"OQ:PW9*<L\*9W%I)L%1:58-
MC?ILT_1"NNUV7,)UGE^"=NDEQN]E)=S#7"_=_=+ ^K6YZC@/=Q$HIZ6*\C9R
MB?E;Y@P%_(JR?I@+> .;[*YNIP7MH[F'#*TF@T4;O!GN+Z?+MD<*!TY'N0KG
MHBXJ?,;=\\@M'W#XR_26I*51N2+&-\@D+"DH0NEX^<BJ][070.')EF(I'<]?
MP)#86,DT2(E#*O W)P8*G%G D#I5,8U-(1I7ANL<$RP5X%*3<4([Q ET_A,>
M)Q#PM$IL7*SAT,T)Z6]B7SDKY;ANJPY.?A2J?+04<5+U03BX/T'\7=",&ACH
MXEXR'#*%DUB$HU :UD9.<>.7+J0Y3%*"UHXD]AH)I(4AU1ME1-1%M1(/34Z!
M A?E77$-N>73TMA <^3<7'$ML*$VV1L^O;^]TSO?Z.UN-,@8CHOW+FV.RPX<
MFX70KOJ--09F)3H$+=DY"%-EY:_,83@"V3[0!T@<(OX>CSD[C7BZ]U!-;K5T
M_H#1CC"+\O3;C(%\EV4GN &&GS3H:43C,<DOJW@93@9KHJCBE/G%?%:LWLZ.
M+F]WI!1O>7X<+LN V]"6:OQ7-"H]C)YK[=#,>=4/AW(FD]I*L9FPY&LAK#)!
MG0EO&!DH7"1&\7K&49$F*'[A3+B^=9P3]&S]>%3!+SHD2>$9Y)/$:#Q43IZ/
M?*0I,I :V 8*+,. E+LIFV*C=>+.^!IV'>FJ*E$56%-'W9%V%PT.9+F6"MQ4
M_T_CV\<P;W;V*KSRTXF<,24%EQ=QK#N\T@YP9R'C#FQRA_KXPDR5:@,=])EC
M09_Q4W//\.VG^'9;R=M0W _+HS-+V,!D+,X%3,J3UFY+JH8Z8.O7N_N]O@.E
M8AI>V8/(^JD-'CZM77PPNG:*"_8=L)<<7=R.&]#VQ,+AJ80_,H0,7FT3H48*
ML=FZT:-8>SPI2BVY1AJ*@LNMNAVQ,UIV[N YK+VWLP%VX#PE/>BIE/Q&V#<.
M>N9*@&\HHB ' _,X H'$YQTOZ-JCL%0@=/^)!4)WUX'0GY&65PJ$8MT6"3?2
M:@^5DBH^K[<&+:?='>""HQ*KQ"*:1C%E=.VD$AQ:083M=I3D%=R(E7U+*YGH
MEO1E;P%!!&"_#?U(O;\GE@T1* @R?-311!@Y@;25D;G8'AXF^ #&W91CQ)H*
M.[2:U(\6(V(Y85HK\N>PFVR&/8&Z+ZSN8UOY]1L"$#J:%EE27C01C/AKC4JH
M%=.VHW81BDPF%)JA6OJIY-T)]=(=:6_HM*SW5L#$2NDXIM!,B5(7SD1H1#]G
M;:?3/;8AX]-+]\2"*C_?TU9@V6Y=B_$WO<%JK(]5]&ZG14=7@&]''#GFVL=0
M&!3]$Q7+<UW^\1_^@U1U^B?A]!2F&XU0FN='ZG8:S -552.LRX[7JDMKVEUS
M,H72-IFAS.&6G$I7&H,U=#O\N+>R.;^ HQISLI(CO+6Z@8:^;/.M(DX[0 8$
M1.+<.;3BU=;'H=Q4%9!7FQ[+EIOMCI=V,JD[R5OA+W=]VQINVW"UVZ;T!E(U
MFDFS+=8F[K]68B0<FIE*NW<]",UO0E0QH)$$]H!2'EB>18RF1/9[W6-G*0VZ
MTP[_CI[@-B^8:+14@XIYL%[&A)N7_.)[,,R-B5*P Q=N&D8"LYGJA[3DQ@4W
MVK?FK2'GU9+-.Y1/&T-<RAQN.XT5]V]]IY<SA ^>F"&\MS:$?T9:[L4WD$]U
M+; FE"P-J5[=P68<:6,Y_^]P.6-:4A_)8TU9F0Y/MDU8JQ>"%V8DOE=+8&L1
M&E[=H=LL7F/@:G^DE;]@_VWGF9JZ\N8B\H;HVCJ-SJ+;T:KI31A'FN)AF4RG
MP$]T,E@([T>A$QQ?DC!-9)T-4(J[>Y%UL-<5'C(BH*F8LXXE2\<:INLYQD/=
M!K;*GG(F>]_'XX7#&L/<UOK<L+$3[%8$VA+KMAL/\4*=*DX[.-UD5V$!%JN*
M"U>!FI/$?[B0C>?B]N]:4!ZZT>U03""JR+51YFU,(_1?KFTOJ:=#0)[ELA4"
M)UD!Z\C<)VZ8C+#J^70[K0?DD4$=NM_G]%0W8?N8FCAUS2^$&,IJI_D"MH#B
M3C!7@0@2M55N]IE8]09FYY:Z!O8]QSGT2U)>*A/0FR0&P#1+,H(-J2Y*RZ7
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M5/*[-(64@^#;A'6PQE;H]5!E,9*.KJ,WTD[:ZO.TQLY>&3O[Q 8UG%.YSVZ
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MLZ(,9 1J!*QV:"X\&]'IK*@1IB4D9=V9E,S%Y!+X73CSBV2"NAD[B"@!3!=
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MI3&"H!92]B<3)]\.%?***I[.2*]'$X:,VKJ7J=OIN8CQ-@J,Y!JQHLW.?=6
MA>QXG:@@P0',NJ;,PC2U\%@Q[D25UUA/RF:>/7"W8_U0@#T9^M$SNTPBQFT
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MVH5V:?F:M$#VP\48H0YP+ZVZC6ZG3+[#H:TX\^ 6)T[ U6KF(#&^Q1C4_D8
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M 4(.YP7[$$KJ!F>A$,.,8>$I U#%[(U(J$(TBT<)=?YD94Q7=^JT M6&)4,
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MR23'5\/KO&/%XM]\G R<M@I.+(S.F5M@:8+,V_9"Q[@3BD7S9B#-<A5,J1$
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M8POV'+AXI!>^N*7J*Y#,2[14#5HZJDJ'EW5+U3N&O7E/R2".S@%_F(8 K6'
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M27O8GH/+$'INQS #*D'-PP+L'K8AD05GZBV;1>"&$Q56\#.^^')3OS,F%C5
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MTTC>A ;ZZNH!%EY=Q:#J=_?!WDF/3/=>;.W>P;UH><N\9M;!SL&O0>]P(XA
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M[1S>HE>=L/OP,@[^#[.;OH#MGPREPG5]?#^2"(XODGADM5+_S&6Z38?R"UD
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M8%_\$)/+6W&!0O]_4N5_0*K\!ZF-1T&U3G]O%?\ B_Y.ZU]02P$"% ,4
M" !CALI05LAEQ#P#  " #   $               @ $     :&-P+3(P,3DQ
M,3(Q+GAS9%!+ 0(4 Q0    ( &.&RE /5SN%_0H  -^'   4
M  "  6H#  !H8W M,C Q.3$Q,C%?;&%B+GAM;%!+ 0(4 Q0    ( &.&RE 7
M1W,S40<  "M9   4              "  9D.  !H8W M,C Q.3$Q,C%?<')E
M+GAM;%!+ 0(4 Q0    ( &.&RE!8:]D7[Q0  *AR   2              "
M 1P6  !T;3(P,3(P-S5D-E\X:RYH=&U02P$"% ,4    " !CALI09_JTV[>!
M  "I< , %0              @ $[*P  =&TR,#$R,#<U9#9?97@Q+3$N:'1M
M4$L! A0#%     @ 8X;*4)L2D5*V"P  KB4  !8              ( !):T
M '1M,C Q,C W-60V7V5X.3DM,2YH=&U02P4&      8 !@") 0  #[D

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>12
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "tm2012075d6_8k.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "definitionLink": {
     "remote": [
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml",
      "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml"
     ]
    },
    "inline": {
     "local": [
      "tm2012075d6_8k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "hcp-20191121_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "hcp-20191121_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "hcp-20191121.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd",
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd",
      "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 59,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2019-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 95,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "hcp",
   "nsuri": "http://hcpi.com/20191121",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2012075d6_8k.htm",
      "contextRef": "From2020-06-08to2020-06-09",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "00000001 - Document - Cover",
     "role": "http://hcpi.com/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2012075d6_8k.htm",
      "contextRef": "From2020-06-08to2020-06-09",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AnnualInformationForm": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.",
        "label": "Annual Information Form"
       }
      }
     },
     "localname": "AnnualInformationForm",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditedAnnualFinancialStatements": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.",
        "label": "Audited Annual Financial Statements"
       }
      }
     },
     "localname": "AuditedAnnualFinancialStatements",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CountryRegion": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Region code of country",
        "label": "Country Region"
       }
      }
     },
     "localname": "CountryRegion",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_CurrentFiscalYearEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "End date of current fiscal year in the format --MM-DD.",
        "label": "Current Fiscal Year End Date"
       }
      }
     },
     "localname": "CurrentFiscalYearEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "gMonthDayItemType"
    },
    "dei_DocumentAccountingStandard": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.",
        "label": "Document Accounting Standard"
       }
      }
     },
     "localname": "DocumentAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "accountingStandardItemType"
    },
    "dei_DocumentAnnualReport": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an annual report.",
        "label": "Document Annual Report"
       }
      }
     },
     "localname": "DocumentAnnualReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentFiscalPeriodFocus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.",
        "label": "Document Fiscal Period Focus"
       }
      }
     },
     "localname": "DocumentFiscalPeriodFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "fiscalPeriodItemType"
    },
    "dei_DocumentFiscalYearFocus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.",
        "label": "Document Fiscal Year Focus"
       }
      }
     },
     "localname": "DocumentFiscalYearFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "gYearItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentPeriodStartDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The start date of the period covered in the document, in CCYY-MM-DD format.",
        "label": "Document Period Start Date"
       }
      }
     },
     "localname": "DocumentPeriodStartDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentQuarterlyReport": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an quarterly report.",
        "label": "Document Quarterly Report"
       }
      }
     },
     "localname": "DocumentQuarterlyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentShellCompanyEventDate": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Date of event requiring a shell company report.",
        "label": "Document Shell Company Event Date"
       }
      }
     },
     "localname": "DocumentShellCompanyEventDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentShellCompanyReport": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.",
        "label": "Document Shell Company Report"
       }
      }
     },
     "localname": "DocumentShellCompanyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentTransitionReport": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a transition report.",
        "label": "Document Transition Report"
       }
      }
     },
     "localname": "DocumentTransitionReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Documents incorporated by reference.",
        "label": "Documents Incorporated by Reference [Text Block]"
       }
      }
     },
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "textBlockItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCountry": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "ISO 3166-1 alpha-2 country code.",
        "label": "Entity Address, Country"
       }
      }
     },
     "localname": "EntityAddressCountry",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "countryCodeItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not.  Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.",
        "label": "Entity Bankruptcy Proceedings, Reporting Current"
       }
      }
     },
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
        "label": "Entity Common Stock, Shares Outstanding"
       }
      }
     },
     "localname": "EntityCommonStockSharesOutstanding",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "sharesItemType"
    },
    "dei_EntityCurrentReportingStatus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Current Reporting Status"
       }
      }
     },
     "localname": "EntityCurrentReportingStatus",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r18"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Elected Not To Use the Extended Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityFilerCategory": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Filer Category"
       }
      }
     },
     "localname": "EntityFilerCategory",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "filerCategoryItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInteractiveDataCurrent": {
     "auth_ref": [
      "r16"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
        "label": "Entity Interactive Data Current"
       }
      }
     },
     "localname": "EntityInteractiveDataCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityPrimarySicNumber": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.",
        "label": "Entity Primary SIC Number"
       }
      }
     },
     "localname": "EntityPrimarySicNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "sicNumberItemType"
    },
    "dei_EntityPublicFloat": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.",
        "label": "Entity Public Float"
       }
      }
     },
     "localname": "EntityPublicFloat",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "monetaryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityShellCompany": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
        "label": "Entity Shell Company"
       }
      }
     },
     "localname": "EntityShellCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntitySmallBusiness": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).",
        "label": "Entity Small Business"
       }
      }
     },
     "localname": "EntitySmallBusiness",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_EntityVoluntaryFilers": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.",
        "label": "Entity Voluntary Filers"
       }
      }
     },
     "localname": "EntityVoluntaryFilers",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_Extension": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Extension number for local phone number.",
        "label": "Extension"
       }
      }
     },
     "localname": "Extension",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NoTradingSymbolFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a security having no trading symbol.",
        "label": "No Trading Symbol Flag"
       }
      }
     },
     "localname": "NoTradingSymbolFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_OtherReportingStandardItemNumber": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.",
        "label": "Other Reporting Standard Item Number"
       }
      }
     },
     "localname": "OtherReportingStandardItemNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "otherReportingStandardItemNumberItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_Security12gTitle": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(g) registered security.",
        "label": "Title of 12(g) Security"
       }
      }
     },
     "localname": "Security12gTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SecurityReportingObligation": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.",
        "label": "Security Reporting Obligation"
       }
      }
     },
     "localname": "SecurityReportingObligation",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "securityReportingObligationItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://hcpi.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 3
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-23"
  },
  "r10": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f"
  },
  "r11": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f"
  },
  "r12": {
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-1-"
  },
  "r13": {
   "Name": "Forms 10-K, 20-F, 40-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d-1"
  },
  "r14": {
   "Name": "Forms 20-F, 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220 and 240",
   "Subsection": "f"
  },
  "r15": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r16": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "405"
  },
  "r17": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  },
  "r18": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "g"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12, 13, 15d"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r6": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r7": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d"
  },
  "r8": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r9": {
   "Name": "Form 10-Q",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-13"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>tm2012075d6_8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="hcp-20191121.xsd" xlink:type="simple"/>
    <context id="From2020-06-08to2020-06-09">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0000765880</identifier>
        </entity>
        <period>
            <startDate>2020-06-08</startDate>
            <endDate>2020-06-09</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:EntityCentralIndexKey contextRef="From2020-06-08to2020-06-09">0000765880</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="From2020-06-08to2020-06-09">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="From2020-06-08to2020-06-09">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2020-06-08to2020-06-09">2020-06-09</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="From2020-06-08to2020-06-09">Healthpeak Properties, Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2020-06-08to2020-06-09">MD</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="From2020-06-08to2020-06-09">001-08895</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="From2020-06-08to2020-06-09">33-0091377</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2020-06-08to2020-06-09">1920 Main Street</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2 contextRef="From2020-06-08to2020-06-09">Suite 1200</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown contextRef="From2020-06-08to2020-06-09">Irvine</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2020-06-08to2020-06-09">CA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2020-06-08to2020-06-09">92614</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2020-06-08to2020-06-09">949</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2020-06-08to2020-06-09">407-0700</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="From2020-06-08to2020-06-09">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="From2020-06-08to2020-06-09">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="From2020-06-08to2020-06-09">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="From2020-06-08to2020-06-09">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="From2020-06-08to2020-06-09">Common stock, $1.00 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2020-06-08to2020-06-09">PEAK</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2020-06-08to2020-06-09">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="From2020-06-08to2020-06-09">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.20.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>95</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>3</UnitCount>
  <MyReports>
    <Report instance="tm2012075d6_8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://hcpi.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="tm2012075d6_8k.htm">tm2012075d6_8k.htm</File>
    <File>hcp-20191121.xsd</File>
    <File>hcp-20191121_lab.xml</File>
    <File>hcp-20191121_pre.xml</File>
    <File>tm2012075d6_ex1-1.htm</File>
    <File>tm2012075d6_ex99-1.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2019-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>17
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
M4$L#!!0    ( &.&RE ?(\\#P    !,"   +    7W)E;',O+G)E;'.MDD^+
MPD ,Q;]*F?L:5\'#8CUYZ6U9_ )Q)OU#.Y,A$[%^>X>];+=44/ 87O+>CT?V
M/S2@=AQ2V\54C'X(J32M:OP"2+8ECVG%D4)6:A:/FD=I(*+ML2'8K-<[D*F'
M.>RGGD7E2B.5^S3%":4A+<TXP)6E/S/WJVR;A5ND9T*YKCM+1[873T$7LF<;
M!I99-G\LCNVW<+ZT+/0:S>,*P).B0\5?UX^8 TBTH_0(:+L A#&^NQT:E8(C
M-R."?S]PN -02P,$%     @ 8X;*4"?HAPZ"    L0   !    !D;V-0<F]P
M<R]A<' N>&UL38Y-"\(P$$3_2NG=;BGH06) L$?!D_>0;FP@R8;-"OGYIH(?
MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/
M-(X'P"J8%EQV^3O8:W7..7AKQ%/25V^9"CGIYFHQ*/B76_..7+8\#?NW_+""
MWTG] E!+ P04    " !CALI06#?K>>X    K @  $0   &1O8U!R;W!S+V-O
M<F4N>&ULS9+/:L,P#(=?9?B>R$EH#B;-I6.G#08K;.QF;+4UB_]@:R1]^R5>
MFS*V!]C1TL^?/H$Z%83R$9^C#QC)8+J;[."24&'+3D1! "1U0BM3.2?<W#SX
M:"7-SWB$(-6'/"+4G+=@D:26)&$!%F$ELK[32JB(DGR\X+5:\>$S#AFF%>"
M%ATEJ,H*6+],#.=IZ. &6&"$T:;O NJ5F*M_8G,'V"4Y);.FQG$LQR;GYATJ
M>'MZ?,GK%L8EDD[A_"L90>> 6W:=_-KL[O</K*]YS0O>%A7?5ZW8<+%IWA?7
M'WXW8>NU.9A_;'P5[#OX=1?]%U!+ P04    " !CALI0F5R<(Q &  "<)P
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M+,=F=)QHT4^-=C)W^^5_4$L#!!0    ( &.&RE!KH>FS5@(  "0&   4
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M7S%1]_276<]>@C"MA[_)1/TUP.K795]02P,$%     @ 8X;*4 N/V ,A 0
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M"U!+ 0(4 Q0    ( &.&RE ?(\\#P    !,"   +              "  0
M  !?<F5L<R\N<F5L<U!+ 0(4 Q0    ( &.&RE GZ(<.@@   +$    0
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M:V)O;VLN>&UL4$L! A0#%     @ 8X;*4/_ )@B]    A0(  !H
M     ( !Q!$  'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR96QS4$L! A0#%
M  @ 8X;*4 N/V ,A 0  5P0  !,              ( !N1(  %M#;VYT96YT
A7U1Y<&5S72YX;6Q02P4&      H "@"  @  "Q0

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
