Janus Living slips after beginning stock offering

By Reuters News21:24 (UTC), 4 November 2026 Updated

** Senior housing REIT Janus Living's JAN.N shares down 3.2% to $29.10 post-market as it seeks equity raise

** JAN kicks off 25 mln share offering

** It expects to use net offering proceeds for acquisition and investment opportunities, debt repayment and general corp purposes

** BofA, JP Morgan, Wells Fargo and Goldman Sachs are lead bookrunners

** JAN, externally managed by Healthpeak Properties DOC.N, went public in Mar IPO priced at $20; it has ~234.37 mln shares outstanding

** Stock finished up 1.6% at $30.07 on Weds

** 14 of 16 analysts rate the stock "strong buy" or "buy", 2 "hold"; median PT $34, per LSEG data

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