Janus Living to IPO, raising $700M–$740M to expand senior housing.

Janus Living, a senior housing REIT spun off from Healthpeak Properties, is set to launch a U.S. IPO aiming to raise about $700 million to $740 million by selling shares at $18 to $20 each. The company, focused on housing for older adults, plans to use the capital for growth, acquisitions, and operations. The offering, advised by Latham & Watkins and Sidley Austin, is scheduled later in the week, reflecting continued investor interest in senior housing despite broader market volatility. Specific details on share count and underwriters remain undisclosed.