Janus Living

Janus Living (Ticker: JAN US) operates as a real estate investment trust focused exclusively on the senior housing sector. Its initial portfolio comprises 34 senior housing communities with 10,422 units, located primarily in major retirement markets across 10 states. The communities are owned and operated under RIDEA structures. Residents pay directly for services rather than relying on government reimbursement programs. The company has no direct employees.

The scheduled listing date on NYSE was March 20, 2026. The proposed offering comprises 37,000,000 shares at an indicative price range of $18.00–20.00 per share. At the indicative range midpoint, the base offering would represent $703.00 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is $4.79 billion.

Healthpeak Investment Management, LLC, an indirect subsidiary of Healthpeak Properties, serves as external manager and adviser. BofA Securities, J.P. Morgan, Wells Fargo Securities, Barclays, Goldman Sachs, RBC Capital Markets, and Morgan Stanley are active bookrunners and joint managers.