Healthpeak Properties has filed a confidential draft registration with the U.S. Securities and Exchange Commission (SEC) for the proposed initial public offering (IPO) of a new company, Janus Living, Inc. Janus Living will operate as a real estate investment trust (REIT) focused on senior housing.
The new company will own, acquire, and develop senior housing properties under a REIT Investment Diversification and Empowerment Act (RIDEA) structure, using Healthpeak’s 34 existing senior housing assets as part of the IPO. Healthpeak plans to use the proceeds from the offering to fund pending acquisitions, pay down debt, and for general corporate purposes.