Janus Living (Ticker: JAN US) is a Cayman Islands-domiciled company operating as a real estate investment trust (REIT) focused exclusively on the senior housing sector. Janus Living plans to list on the NYSE on March 20, 2026, planning to offer 37,000,000 shares at a price range of $18.00 to $20.00, reportedly raising $703.0 million at the midpoint. The company has an estimated market capitalization of $4,785.09 million.

According to sources, the company will be externally managed and advised by Healthpeak Investment Management, LLC, an indirect subsidiary of Healthpeak Properties, and currently has no direct employees. All officers are reportedly employees of Healthpeak or its affiliates. The company's initial portfolio reportedly consists of 34 senior housing communities, comprising 10,422 units located primarily in major retirement markets across 10 states. All communities are owned and operated under RIDEA structures, with residents paying directly for services rather than relying on governmental reimbursement programs. Active bookrunners and joint managers for the IPO reportedly include BofA Securities, J.P. Morgan, Wells Fargo Securities, Barclays, Goldman Sachs, RBC Capital Markets, and Morgan Stanley.