With the Janus Living (NYSE: JAN) initial public offering now in the rear-view mirror, leaders of the new spinoff see more growth immediately ahead with deals under letters of intent totaling $400 million. The company’s larger REIT parent, Healthpeak, had an 81.6% ownership stake in Janus Living (NYSE: JAN) after the close of the public […]
Healthpeak Properties
This story is part of your SHN+ membership Looming demand from the baby boomers. A highly fragmented industry. Deep-pocketed capital sources looking to deploy their dollars where they can. That could well describe 2026 – or 1996. Three decades ago, the senior living industry underwent a period of big growth via investment. NIC Co-Founder and […]
Real estate investment trust National Healthcare Properties is seeking to raise as much as about $616 million through its forthcoming initial public offering (IPO). The REIT is launching with 38.5 million shares and an initial share price of between $13 and $16. The company’s IPO implies a valuation of $1.1 billion overall. National Healthcare Properties […]
Janus Living, the spinoff real estate investment trust (REIT) of Healthpeak Properties (NYSE: DOC), has launched an initial public offering months after its formation earlier this year. Janus Living is targeting an IPO of $18 and $20 per share, which would total between $660 million and $740 million under the company’s 37 million share offering. […]
Pegasus Senior Living has grown to over 50 communities thanks to a new agreement to manage 10 former Brookdale Senior Living (NYSE: BKD) properties in Texas. Effective April 1, Pegasus will assume management of the 10 properties located in Houston, Dallas-Fort Worth, and the Austin-San Marcos corridor known as the Texas Triangle. With the portfolio […]
Healthpeak Properties (NYSE: DOC) is putting the pieces together to launch its senior housing spinoff in the first quarter of this year. Earlier this year, Healthpeak announced the formation of Janus Living, a publicly traded senior housing real estate investment trust (REIT) launching with a 34-community, 10,422-unit senior housing portfolio in 10 states. The new […]
This story is part of your SHN+ subscription In 2021, Healthpeak Properties (NYSE: DOC), then awash in challenges related to Covid-19, practically exited senior living. Now, the REIT is back, and the move has implications for the health of the industry. Earlier this week, the company announced the formation of Janus Living, a real estate […]
A formerly bigger player in the senior living industry has announced the formation of a new real estate investment trust (REIT) focused on senior housing properties. On Wednesday morning, Healthpeak Properties (NYSE: DOC) announced the formation of Janus Living, a REIT dedicated to senior housing. The company is planning an initial public offering (IPO) for […]
Welltower CEO Shankh Mitra has a lot on his plate at the tail-end of 2023. Welltower (NYSE: WELL) is gearing up to launch its in-house operating platform in Canada within the coming weeks with Cogir, which recently expanded its relationship with the Toledo, Ohio-based real estate investment trust (REIT). All the while, billions of dollars […]
Healthpeak Properties, Inc. (NYSE: PEAK) and Physicians Realty Trust (NYSE: DOC) have entered into an agreement to combine in an all-stock merger valued at approximately $21 billion, according to a news release issued Monday. Healthpeak’s senior housing holdings now include 15 continuing care retirement communities (CCRC) in five states and Washington D.C., with the highest […]
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