Seniors housing REIT Janus Living has made its debut on the New York Stock Exchange (NYSE) under the ticker JAN. The initial public offering (IPO) included 42 million shares of common stock priced at $20 per share, amounting to an IPO of $840 million. Shares opened above the price of $20, at $23.50 each, valuing the company at $5.9 billion. Denver-based Healthpeak Properties (NYSE: DOC) announced the formation of Janus Living in January of this year, contributing a 34-community seniors housing portfolio to the REIT.
Read the full article: Janus Living Debuts on NYSE, Valued at $5.9B //
Source: https://seniorshousingbusiness.com/janus-living-debuts-on-nyse-valued-at-5-9b/