Janus Living reports Q3 2026 results, doubles portfolio and raises 2026 guidance
Janus Living (JAN) posted a strong third‑quarter 2026, with revenues up 78% year‑over‑year and adjusted EBITDA up 101%. The REIT announced it has completed $2.9 billion of acquisitions in 2026, more than doubling its senior‑housing portfolio to 74 properties. It lifted its 2026 adjusted FFO guidance to $0.97‑$0.99 per share and increased same‑store NOI growth guidance to 16%‑19%. CEO Scott Brinker highlighted record entrance‑fee sales of $47 million and a $1.25 billion revolving credit facility for flexibility.
Why it matters
The company expects the expanded asset base and higher occupancy to drive stronger cash flow, supporting the raised FFO guidance (the company said the new range reflects outperformance). The higher same‑store NOI growth outlook signals improved profitability for investors.
Key facts
- 1Consolidated revenues increased 78% year‑over‑year in Q3 2026. finance.yahoo.com
- 2Adjusted EBITDA increased 101% year‑over‑year in Q3 2026. finance.yahoo.com
- 3Adjusted FFO per share rose 46% year‑over‑year in Q3 2026. finance.yahoo.com
- 4Same‑store NOI grew 25.9% year‑over‑year and margin expanded by 360 basis points. finance.yahoo.com
- 5Non‑refundable entrance‑fee sales reached a record $47 million in Q3 2026. finance.yahoo.com
- 6Year‑to‑date acquisitions totalled $2.9 billion, including $1.75 billion in Q3 and $370 million after quarter‑end. finance.yahoo.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.