Initial Statement of Beneficial Ownership (Form 3)

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * HEALTHPEAK PROPERTIES, INC. 2. Date of Event Requiring Statement (Month/Day/Year) 03/20/2026 3. Issuer Name and Ticker or Trading Symbol Janus Living, Inc. [JAN] (Last) (First) (Middle) C/O HEALTHPEAK PROPERTIES, INC., 4600 SOUTH SYRACUSE STREET, SUITE 500 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed (Month/Day/Year) (Street) DENVER, CO 80237 6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Class A-1 Common Stock 138,816,246 I By Janus Member LLC Class A-2 Common Stock(1) 75,917,780 I By Janus Member LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
OP Units	(2)	(2)	Class A-1 Common Stock	75,917,780	(2)	I	By CCRC PropCo Ventures

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HEALTHPEAK PROPERTIES, INC. C/O HEALTHPEAK PROPERTIES, INC. 4600 SOUTH SYRACUSE STREET, SUITE 500 DENVER, CO 80237	X	X
Janus Member, LLC C/O HEALTHPEAK PROPERTIES, INC. 4600 SOUTH SYRACUSE STREET, SUITE 500 DENVER, CO 80237	X	X
CCRC PropCo Ventures, LLC C/O HEALTHPEAK PROPERTIES, INC. 4600 SOUTH SYRACUSE STREET, SUITE 500 DENVER, CO 80237	X	X

Signatures

HealthPeak Properties, Inc. /s/ Carol B. Samaan, Senior Vice President, Deputy General Counsel, and Corporate Secretary		03/20/2026
**Signature of Reporting Person		Date
Janus Member, LLC /s/ Carol B. Samaan, Senior Vice President, Deputy General Counsel and Corporate Secretary		03/20/2026
**Signature of Reporting Person		Date
CCRC PropCo Ventures, LLC /s/ Shawn G. Johnston, Executive Vice President and Chief Financial Officer		03/20/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares of Class A-2 Common Stock provide a one-for-one voting right per common unit of membership interest ("OP Unit") in Janus Living OP, LLC, a subsidiary of the Issuer ("Janus OP"), directly or indirectly held by the reporting persons, until such OP Unit is sold, transferred or otherwise disposed of to any person or entity (other than the reporting persons or certain affiliates), redeemed for cash or, at the election of the Issuer, exchanged for shares of Class A-1 Common Stock pursuant to the terms of the Janus OP operating agreement.
(2)	OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Class A-1 Common Stock or, at the option of Janus OP, convertible to shares of Class A-1 Common Stock on a one-for-one basis, and have no expiration date.

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