Latham Represents Healthpeak Properties and Janus Living in Upsized US$840 Million Janus Living IPO
Healthpeak Properties, Inc. (NYSE: DOC) and Janus Living, Inc. announced the pricing of Janus Living’s upsized initial public offering (IPO) of 42,000,000 shares of Janus Living Class A-1 common stock at a price to the public of US$20.00 per share. In addition, Janus Living has granted the underwriters a 30-day option to purchase up to an additional 6,300,000 shares of its Class A-1 common stock at the initial public offering price, less the underwriting discount. Janus Living’s Class A-1 common stock is expected to begin trading on the New York Stock Exchange on March 20, 2026, under the ticker symbol JAN. The IPO is expected to close on March 23, 2026, subject to customary closing conditions.
Latham & Watkins LLP represented Healthpeak Properties and Janus Living in connection with Janus Living’s IPO with a team led by partners Lewis Kneib, Charles Ruck, and Julian Kleindorfer, and counsel Devon MacLaughlin, with associates Tristan Schmoor and Steve Hess. Advice was also provided on tax matters by partner Pardis Zomorodi and counsel Will Kessler, with associate Sina Setayeshpour; and on real estate matters by partner Hilary Strong, with associates Kim Legate-Ford, Taylor Ashton, and Tim Schubert.