Senior housing REIT Janus Living raises $840 million in upsized IPO

March 19 (Reuters) - Senior housing real estate investment trust Janus Living said on Thursday it has raised $840 million in its upsized U.S. initial public offering after pricing its shares at the upper end of the marketed range.

The company, carved out from healthcare REIT Healthpeak Properties DOC.N, sold 42 million shares priced at $20 apiece. It initially planned to sell 37 million shares in the range of $18 to $20 apiece.

Some companies are pressing ahead with their listings even as escalating geopolitical tensions fuel volatility and unsettle markets in recent weeks.

Rising demand for senior housing in the U.S., driven by the elderly population planning ahead for care amid shifting demographics, has buoyed growth prospects for companies such as Janus.

The Denver, Colorado-based REIT operates 34 senior living communities across 10 U.S. states, with a heavy concentration in Florida and Texas, which together represent roughly 69% of its portfolio.

After the offering, Healthpeak is expected to own about 214.7 million shares of Janus' common stock, giving it a roughly 83.6% voting interest in the company.

The company is set to list on the New York Stock Exchange on Friday under the ticker "JAN". BofA Securities and J.P.Morgan were the lead book-running managers for the offering.