Janus Living, Inc. (JAN) SEC Filings & Earnings Calls
EquiReason read 8 Janus Living, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-09-17 — Janus Living upsized revolving credit facility from $500M to $1.25B, terminated $100M delayed draw term loan, with option to increase up to $1.75B..
Source: SEC EDGAR filings · read by EquiReason
- Market cap
- 8.3B
- P/E TTM
- —
- Dividend yield
- 0.6%
- 52-week
- —
- Next earnings
- 2 Nov, in 9 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
12 Aug 20268-K · 1.01Janus Living closed a registered underwritten public offering of 18,400,000 shares of Class A-1 common stock, including full exercise of underwriter option. The offering was conducted under an S-11 registration statement. No pricing or procopen
Figures in the filing · each found in the filing text
| Shares offered | 18,400,000 |
Risks flagged
Dilution from large equity offering; no stated use of proceeds.
“18,400,000 shares of Class A-1 common stock” · word for word
5 Aug 202610-QStrong Q2 2026 results with significant NOI and FFO growth driven by occupancy and rate increases.earningsopen
Figures in the filing · each found in the filing text
| Same-Store Average Occupancy · senior housing · Q2-2026 | 88.6% | |
| Same-Store RevPOR per month · senior housing · Q2-2026 | $8589.00 | +5% y/y |
| Total Portfolio Adjusted NOI · senior housing · Q2-2026 | $58M | +37% y/y |
| Total Portfolio Average Occupancy · senior housing · Q2-2026 | 85.5% | |
| Total Portfolio RevPOR per month · senior housing · Q2-2026 | $7484.00 | -1% y/y |
| Nareit FFO · Q2-2026 | $66M | +96% y/y |
| FFO as Adjusted · Q2-2026 | $64M | +77% y/y |
| Net Income (Loss) · Q2-2026 | $15M | -678% y/y |
| Property Count · Q2-2026 | 41 | +21% y/y |
| Cash and Cash Equivalents · Q2-2026 | $1.60B |
Risks flagged
Labor Cost Inflation
“higher costs of labor, food, utilities, repairs and maintenance, operator management fees, and other operating expenses.” · word for word
Interest Rate Sensitivity
“Elevated interest rates and volatility in public and private equity and fixed income markets have led to increased costs and limitations on the availability of capital and have adversely impacted, and could continue to adversely impact, our borrowing costs, the fair value of fixed rate instruments, transaction volume, and real estate values generally, includ”
4 Aug 20268-K · 2.02, 7.01Janus Living, Inc. filed an 8-K reporting earnings results for Q2 2026. The filing includes financial statements, non-GAAP reconciliations, and forward-looking statements. No specific financial metrics or guidance numbers are provided in thearningsopen
Risks flagged
The filing contains extensive boilerplate risk factors typical for a senior housing REIT, including macroeconomic, regulatory, operational, and financial risks. No specific new risks are identified.
“Boilerplate risk factors listed in the excerpt, such as macroeconomic trends, entrance fee refund obligations, operator dependence, regulatory changes, etc.”
4 Jun 20268-K · 1.01Janus Living closed a registered underwritten public offering of 25,000,000 shares of Class A-1 common stock, with an option for underwriters to purchase up to an additional 3,750,000 shares.open
Figures in the filing · each found in the filing text
| shares offered · Q2-2026 | 25,000,000 | |
| underwriters option shares · Q2-2026 | 3,750,000 |
Risks flagged
Dilution risk from new share issuance; potential overhang from underwriters' option.
“25,000,000 shares issued; additional 3,750,000 shares under option”
6 May 202610-QJanus Living reported strong Q1 2026 results with Same-Store Adjusted NOI up 13.8% YoY, occupancy up 230bps, and completed a $966M IPO.earningsopen
Figures in the filing · each found in the filing text
| Same-Store Adjusted NOI · senior housing · Q1-2026 | $44M | +14% y/y |
| Average Occupancy (Same-Store) · senior housing · Q1-2026 | 88.5% | |
| RevPOR per month (Same-Store) · senior housing · Q1-2026 | $8544.00 | +5% y/y |
| Total Portfolio Adjusted NOI · senior housing · Q1-2026 | $56M | +27% y/y |
| Cash and Cash Equivalents · Q1-2026 | $949M | |
| FFO as Adjusted · Q1-2026 | $50M | +36% y/y |
| Gross IPO Proceeds · Q1-2026 | $966M |
Risks flagged
Labor Cost Inflation
“Same-Store Adjusted NOI increased ... partially offset by higher costs of labor, utilities, and other operating expenses.”
Interest Rate Sensitivity
“Elevated interest rates and volatility in public and private equity and fixed income markets have led to increased costs and limitations on the availability of capital and have adversely impacted, and could continue to adversely impact, our borrowing costs, the fair value of our fixed rate instruments, transaction volume, and real estate values generally.” · word for word
23 Mar 20268-K · 1.01, 2.03, 5.02, 5.03Closed registered underwritten public offering of 48,300,000 shares of Class A-1 common stock, including full exercise of underwriter option. Also entered management agreement with $10M annual fee and exclusivity agreement with Healthpeak.open
Figures in the filing · each found in the filing text
| shares issued · Q1-2026 | 48,300,000 | |
| overallotment shares · Q1-2026 | 6,300,000 | |
| management fee · FY2026 | $10M |
Risks flagged
External manager dependency and fee structure may create conflicts of interest or misaligned incentives.
“Management fee tied to gross book value of investments, potentially incentivizing asset growth over returns.”
Janus Living, Inc. — questions
- What did Janus Living, Inc. file recently?
- 8 SEC filings in the last 12 months. Latest: 8-K on 2026-09-17 — Janus Living upsized revolving credit facility from $500M to $1.25B, terminated $100M delayed draw term loan, with option to increase up to $1.75B.
Every figure on this page comes from Janus Living, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.