05:13 PM EDT, 03/19/2026 (MT Newswires) -- Healthpeak Properties ( DOC ) and Janus Living said Thursday they priced Janus Living's initial public offering of 42 million class A-1 common shares at $20 each.

Janus Living granted underwriters a 30-day option to purchase up to an additional 6.3 million shares.

The shares are expected to start trading on the NYSE on Friday under the ticker JAN and the IPO is slated to close Monday.

Janus Living plans to use the proceeds for acquisition and investment opportunities and for general corporate purposes.

Following the offering, Healthpeak will own about 214.7 million shares of Janus Living, representing roughly 83.6% voting interest, or 81.6% if the underwriters' option is fully exercised.