Janus Living Goes Public After Upsizing IPO
Janus Living, a Healthpeak Properties-formed REIT and now the only publicly traded U.S. REIT fully dedicated to seniors housing with its entire portfolio structured under RIDEA, has launched its initial public offering of Class A-1 common stock. The company is now listed on the NYSE under the ticker “JAN.” It plans to pay a quarterly dividend of $0.1425 per share, or $0.57 annually, representing an approximate 3% yield. The night prior to the IPO, the company upsized the offering to 42 million shares, from 37 million, and priced the deal at the top of its $18 to $20 per share range. At pricing, Janus Living was expected to raise $840 million, up from its previous range of $666 million to... Read More »
State of the Healthcare M&A Market Webinar
LevinPro HC convened a panel of healthcare dealmaking experts to talk about M&A trends across the healthcare services spectrum, valuation metrics, private equity activity and regulatory headwinds. The conversation also covered our latest healthcare M&A statistics. Ben Swett, Managing Editor of LevinPro HC moderated the panel, which included John Tiedmann, Managing Director of Physician Growth Partners, Bill Hoffman, Shareholder of Polsinelli, and Matt Bogle, Managing Director of Intrinsic. Read More »
New 1031 Exchange Platform Launches
A new 1031 exchange platform designed to provide advisors and their clients with access to institutional-quality real estate investments through Delaware Statutory Trusts has launched. A Fortress Investment Group affiliate, Fortress Real Estate Exchange, will initially target investments in seniors housing, student housing and multifamily properties. The platform’s goal is to help real estate owners with investment planning objectives, including the deferral of capital gains taxes, diversification of investment strategies and/or real estate exposure, and transition them away from active real property management. The platform also aims to deliver both stable cash flows and the... Read More »
Brookdale’s Portfolio Stumbles in February
Brookdale Senior Living reported its February 2026 occupancy numbers, and if the remaining cold weather months even closely resemble what the company has posted so far this winter, they will need to do some serious heavy lifting this summer to progress in its census rebound. All of its reported occupancy figures, including consolidated and same-community weighted average and month-end occupancy, posted year-over-year increases, but each also reported declines in recent months. Focusing on its same-community portfolio for now, February’s weighted average occupancy came in at 82.6%, a 160-basis-point increase year over year, but it has now declined for four consecutive months, dropping... Read More »
