Janus Living, Inc. has launched an initial public offering of 37,000,000 shares, with a target price range of $18.00 to $20.00. Backed by Healthpeak Properties, the company plans to list on the New York Stock Exchange under the symbol JAN. The capital raised will support future acquisitions and general corporate purposes, while Healthpeak will maintain a majority economic interest of approximately 85.3 per cent.
Home REIT has exchanged contracts for the sale of 706 properties to Patron Capital in a deal worth £123 million. This transaction represents the vast majority of the company's asset portfolio. Completion is expected by 1 April 2026 with a secured payment structure in place. While the board intends to return capital to shareholders, the timing remains uncertain due to ongoing potential litigation and legal claims against the company.
European Residential REIT (ERES) has agreed to a $441 million all-cash takeover by CAPREIT. Unitholders will receive $1.19 per unit, representing a 32 per cent premium when combined with previous distributions. The deal concludes a multi-year strategic review focused on maximizing investor value. ERES is expected to be delisted from the Toronto Stock Exchange following the transaction's closure, which is anticipated in the second quarter of 2026.
Property giant Greystar has confirmed a new partnership with Dallas-based operator Lantower Residential to take over its management operations. The move will see Lantower exit the property management sector entirely. Greystar is set to assume responsibility for 23 multifamily communities which represent nearly 7,900 units across the United States. The transition began on February 17 and includes two sites currently under development that are expected to begin leasing in the first quarter of 2026.
EQT Exeter Real Estate Income Trust (EQRT) has completed the acquisition of a prime industrial site in Torrance, California, for $51.5 million. The 76,007 square-foot facility is situated on a 9.6-acre plot within the highly sought-after South Bay submarket of Los Angeles. Currently fully leased to a Fortune 50 food and beverage giant, the property serves as a vital link for regional and last-mile distribution.
Minto Apartment REIT has entered a definitive agreement to be acquired and taken private by Crestpoint Real Estate Investments and the Minto Group. The all-cash transaction is valued at $2.3 billion and offers unitholders $18.00 per unit. Minto will retain a significant stake and continue to manage the high-quality Canadian residential portfolio. The deal is expected to close in the latter half of 2026 following a unitholder vote in March.
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