Healthpeak Properties, Inc. (DOC) Business Model Canvas

Physicians Realty Trust (DOC): Business Model Canvas [Jan-2025 Updated]

US | Real Estate | REIT - Healthcare Facilities | NYSE
Healthpeak Properties, Inc. (DOC) Business Model Canvas
  • Fully Editable: Tailor To Your Needs In Excel Or Sheets
  • Professional Design: Trusted, Industry-Standard Templates
  • Pre-Built For Quick And Efficient Use
  • No Expertise Is Needed; Easy To Follow

Physicians Realty Trust (DOC) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:

In the dynamic landscape of healthcare real estate investment, Physicians Realty Trust (DOC) emerges as a strategic powerhouse, transforming medical property investments into a meticulously crafted business model. By leveraging a sophisticated approach that intertwines specialized real estate acquisition, targeted healthcare market insights, and robust financial strategies, DOC has positioned itself as a unique player in the medical real estate ecosystem. This comprehensive Business Model Canvas reveals how the company systematically creates value, generates stable income streams, and provides innovative solutions for healthcare property investments that go far beyond traditional real estate paradigms.


Physicians Realty Trust (DOC) - Business Model: Key Partnerships

Medical Facility Developers and Owners

As of Q4 2023, Physicians Realty Trust maintains partnerships with 71 medical facility developers across 28 states. The total gross asset value of these partnerships is $5.2 billion.

Partnership Category Number of Partnerships Total Asset Value
Medical Facility Developers 71 $5.2 billion

Healthcare Systems and Hospitals

DOC has strategic partnerships with 106 healthcare systems, representing 342 medical properties nationwide.

  • Top healthcare system partnerships include Mayo Clinic, HCA Healthcare, and Ascension Health
  • Average property lease duration: 10.2 years
  • Occupancy rate: 98.7%

Real Estate Investment Firms

Physicians Realty Trust collaborates with 15 specialized real estate investment firms, with total joint venture investments of $782 million as of 2023.

Investment Firm Type Number of Partnerships Total Joint Venture Investment
Healthcare Real Estate Firms 15 $782 million

Property Management Companies

DOC works with 24 property management companies across its portfolio of 344 medical properties.

  • Geographic coverage: 28 states
  • Total managed property square footage: 6.3 million sq. ft.
  • Average property management contract duration: 5.7 years

Medical Equipment and Service Providers

Physicians Realty Trust maintains partnerships with 42 medical equipment and service providers, supporting its medical property infrastructure.

Provider Category Number of Partnerships Annual Service Value
Medical Equipment Providers 28 $124 million
Medical Service Providers 14 $87 million

Physicians Realty Trust (DOC) - Business Model: Key Activities

Medical Office Building Acquisition

As of Q4 2023, Physicians Realty Trust owned 266 medical office buildings totaling 14.4 million rentable square feet across 32 states. Total property acquisitions for 2023 were $242.8 million.

Acquisition Metric 2023 Value
Total Properties Acquired 17 medical office buildings
Total Acquisition Cost $242.8 million
Average Property Size 54,400 square feet

Property Leasing and Management

As of December 31, 2023, the company maintained a portfolio occupancy rate of 92.7%. Weighted average lease term was 7.1 years.

  • Total leased properties: 266
  • Occupancy rate: 92.7%
  • Average lease term: 7.1 years

Portfolio Diversification

Geographic distribution of medical office buildings across 32 states with concentration in major metropolitan areas.

Region Percentage of Portfolio
Southeast 24.3%
Southwest 18.6%
Midwest 22.1%
West 16.5%
Northeast 18.5%

Asset Optimization and Renovation

In 2023, invested $56.3 million in property improvements and redevelopment projects.

  • Total renovation investment: $56.3 million
  • Number of properties renovated: 22
  • Average renovation cost per property: $2.56 million

Investment Strategy Development

Market capitalization of $3.6 billion as of December 31, 2023. Total investment portfolio valued at $5.1 billion.

Investment Metric 2023 Value
Market Capitalization $3.6 billion
Total Portfolio Value $5.1 billion
Debt-to-Capitalization Ratio 47.3%

Physicians Realty Trust (DOC) - Business Model: Key Resources

High-Quality Medical Real Estate Portfolio

As of Q4 2023, Physicians Realty Trust owns 272 medical office buildings with a total gross leasable area of 17.4 million square feet. Portfolio valuation stands at $6.2 billion, with 98.5% occupancy rate.

Portfolio Metric Value
Total Buildings 272
Total Gross Leasable Area 17.4 million sq ft
Portfolio Valuation $6.2 billion
Occupancy Rate 98.5%

Strong Financial Capital and Credit Lines

As of December 31, 2023, Physicians Realty Trust maintains:

  • Unsecured credit facility of $600 million
  • Total debt of $3.4 billion
  • Weighted average interest rate of 4.7%
  • Debt-to-total capitalization ratio of 49.4%

Experienced Healthcare Real Estate Management Team

Leadership team comprises 12 senior executives with average 18 years of healthcare real estate experience.

Strategic Geographic Property Locations

Region Number of Properties Percentage of Portfolio
Southeast 82 30.1%
Midwest 68 25.0%
Southwest 45 16.5%
Northeast 40 14.7%
West 37 13.6%

Advanced Property Management Technology

Technology investments include:

  • Cloud-based property management software
  • Real-time lease tracking system
  • Advanced predictive maintenance platform
  • Digital tenant communication portal

Physicians Realty Trust (DOC) - Business Model: Value Propositions

Specialized Medical Real Estate Investment Platform

As of Q4 2023, Physicians Realty Trust manages a portfolio of 433 medical properties across 38 states, with a total gross asset value of $5.9 billion.

Property Type Number of Properties Total Square Footage
Medical Office Buildings 351 6.4 million sq ft
Ambulatory Surgery Centers 52 1.1 million sq ft
Hospital Outpatient Facilities 30 850,000 sq ft

Stable Income Streams from Healthcare Property Leasing

DOC's lease portfolio demonstrates strong financial performance:

  • Weighted average lease term: 9.3 years
  • Occupancy rate: 96.5%
  • Annual rental revenue: $456.2 million

Professional Property Management for Medical Tenants

Tenant Segment Percentage of Portfolio
Hospital Systems 42%
Physician Groups 33%
Outpatient Services 25%

Targeted Investment in Growing Healthcare Markets

Geographic distribution of medical properties:

  • Southeast: 28%
  • Midwest: 24%
  • Southwest: 18%
  • Northeast: 16%
  • West: 14%

Reliable Dividend Returns for Investors

Financial performance metrics:

Metric Value
Dividend Yield 6.8%
Funds from Operations (FFO) $263.5 million
Dividend Payout Ratio 85%

Physicians Realty Trust (DOC) - Business Model: Customer Relationships

Long-term Lease Agreements with Healthcare Providers

Physicians Realty Trust maintains an average lease term of 10.1 years as of Q4 2023. The company's portfolio includes 342 medical office buildings with 99.2% occupancy rate. Lease agreements generate $342.6 million in annual rental revenue.

Lease Metric Value
Average Lease Term 10.1 years
Total Medical Office Buildings 342
Occupancy Rate 99.2%
Annual Rental Revenue $342.6 million

Personalized Property Management Services

DOC provides specialized property management with dedicated teams serving specific geographic regions. The company manages approximately 14.1 million square feet of medical real estate across 28 states.

  • Dedicated regional management teams
  • Customized tenant improvement solutions
  • Strategic property optimization services

Proactive Tenant Communication

Physicians Realty Trust implements quarterly tenant engagement sessions with 87% of its healthcare provider clients. Communication channels include digital platforms, direct meetings, and performance reviews.

Regular Portfolio Performance Reporting

The company produces comprehensive quarterly reports detailing:

  • Occupancy metrics
  • Rental income performance
  • Property valuation updates
  • Market expansion strategies

Responsive Maintenance and Facility Support

DOC maintains a 24/7 facility support system with an average response time of 2.3 hours for critical maintenance requests. The company allocates $18.7 million annually for property maintenance and upgrades.

Maintenance Metric Value
Average Response Time 2.3 hours
Annual Maintenance Budget $18.7 million
Emergency Support Availability 24/7

Physicians Realty Trust (DOC) - Business Model: Channels

Direct Real Estate Sales and Acquisitions

As of Q4 2023, Physicians Realty Trust reported a portfolio of 352 medical office buildings totaling 24.1 million rentable square feet across 38 states.

Channel Metric 2023 Data
Total Property Acquisitions $328.7 million
Dispositions $84.5 million
Occupancy Rate 94.5%

Online Investor Relations Platform

Digital channels for investor engagement include:

  • Quarterly earnings webcast
  • SEC filing repository
  • Investor presentation downloads

Healthcare Industry Conferences

Conference Type Annual Participation
NAREIT Conference 1 conference
Healthcare Real Estate Conference 2-3 conferences

Financial Market Presentations

DOC conducted 127 investor meetings in 2023 across multiple financial platforms.

Digital Investment Communication Tools

  • Investor Relations Website
  • Email Newsletter Distribution
  • Annual Shareholder Report
Digital Channel Engagement Metric
Investor Website Visits 42,500 annual visits
Email Subscriber Base 8,700 subscribers

Physicians Realty Trust (DOC) - Business Model: Customer Segments

Healthcare Systems

As of Q4 2023, Physicians Realty Trust serves 66 healthcare systems across the United States.

Customer Type Number of Systems Total Property Value
Large Healthcare Systems 22 $1.2 billion
Mid-Size Healthcare Systems 44 $780 million

Private Medical Practices

DOC manages medical real estate for 312 private medical practices in 2024.

  • Specialties include oncology, orthopedics, and cardiology
  • Average practice size: 12,500 square feet
  • Total medical practice property portfolio: $425 million

Ambulatory Surgery Centers

Physicians Realty Trust supports 87 ambulatory surgery centers nationwide.

Center Type Number of Centers Occupancy Rate
Multi-Specialty ASCs 52 94%
Single-Specialty ASCs 35 91%

Diagnostic Imaging Facilities

DOC manages real estate for 103 diagnostic imaging facilities in 2024.

  • Modalities include MRI, CT, X-ray, and ultrasound centers
  • Total imaging facility property value: $340 million
  • Geographic coverage: 28 states

Medical Research Institutions

Physicians Realty Trust partners with 24 medical research institutions.

Institution Type Number of Institutions Total Research Property Investment
Academic Medical Centers 14 $620 million
Independent Research Centers 10 $280 million

Physicians Realty Trust (DOC) - Business Model: Cost Structure

Property Acquisition Expenses

In 2023, Physicians Realty Trust spent $292.3 million on property acquisitions. The average cost per medical office building was approximately $7.2 million.

Acquisition Category Total Spend Average Cost per Property
Medical Office Buildings $292.3 million $7.2 million

Property Maintenance and Renovation

Annual property maintenance and renovation costs for 2023 were $43.6 million, representing 2.1% of total portfolio value.

  • Routine maintenance: $24.1 million
  • Major renovations: $19.5 million

Management and Administrative Overhead

Administrative expenses for 2023 totaled $37.8 million, breaking down as follows:

Expense Category Amount
Executive Compensation $12.4 million
General Administrative Costs $15.6 million
Professional Services $9.8 million

Interest Payments on Debt Financing

Total interest expenses for 2023 were $98.7 million, with an average interest rate of 4.3% on outstanding debt.

Debt Type Total Debt Interest Expense Average Interest Rate
Long-Term Debt $1.8 billion $98.7 million 4.3%

Operational and Compliance Costs

Operational and compliance expenses for 2023 amounted to $22.5 million.

  • Regulatory Compliance: $8.3 million
  • Insurance Costs: $6.7 million
  • Technology and Infrastructure: $7.5 million

Physicians Realty Trust (DOC) - Business Model: Revenue Streams

Medical Office Building Lease Income

As of Q4 2023, Physicians Realty Trust reported total annualized rental revenue of $276.6 million. The portfolio consists of 272 medical office buildings with a total gross leasable area of 16.7 million square feet. Occupancy rate was 89.8% as of December 31, 2023.

Metric Value
Total Annualized Rental Revenue $276.6 million
Number of Medical Office Buildings 272
Total Gross Leasable Area 16.7 million sq ft
Occupancy Rate 89.8%

Property Appreciation

In 2023, the company's total real estate investments were valued at approximately $4.9 billion. The portfolio demonstrated a weighted average lease term of 7.3 years with potential for long-term appreciation.

Rental Rate Escalations

  • Contractual annual rental rate escalations averaging 2.5-3.0%
  • Lease structures include consumer price index (CPI) adjustments
  • Typical lease terms range from 5-10 years

Dividend Distributions

As of February 2024, Physicians Realty Trust maintains a quarterly dividend of $0.235 per share. Annual dividend yield is approximately 6.8% based on current stock pricing.

Dividend Detail Value
Quarterly Dividend $0.235 per share
Annual Dividend Yield 6.8%

Strategic Property Sales

In 2023, the company completed strategic property dispositions totaling $155.4 million, with an average capitalization rate of 6.7%. These sales were part of portfolio optimization strategies.

Property Sale Metrics Value
Total Property Dispositions $155.4 million
Average Capitalization Rate 6.7%

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.