Janus Living prices public offering at $25 per share

Janus Living Inc. (NYSE: JAN) announced the pricing of its public offering of 25 million shares of Class A-1 common stock at $25 per share. The senior housing real estate investment trust granted underwriters a 30-day option to purchase up to an additional 3.75 million shares at the same price, less underwriting discounts.

The offering is expected to close on June 4, 2026, subject to customary closing conditions. Janus Living plans to use net proceeds for acquisition and investment opportunities that meet its investment criteria and general corporate purposes.

BofA Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities serve as lead book-running managers. Goldman Sachs & Co. LLC, Morgan Stanley, Barclays, Jefferies, KeyBanc Capital Markets and TD Securities act as bookrunners. Credit Agricole CIB, Regions Securities LLC, Santander and Capital One Securities serve as co-managers.

The Securities and Exchange Commission has declared effective a registration statement on Form S-11 relating to these securities. The offering is being conducted through a prospectus, with copies available from the lead underwriters upon request.

Janus Living operates as a pure-play senior housing REIT that owns communities across the United States designed to support residents with amenitized environments.

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