Artemis Real Estate Partners Acquires Jacksonville Senior Living Community

Artemis Real Estate Partners has acquired Grand Living at Tamaya, a 171-unit senior living community located in Jacksonville, Florida, from Ryan Companies US Inc. The transaction, completed on February 6, 2026, involved a sale price of $36 million, or approximately $187 per square foot [1].

Transaction Details

The property, situated at 3270 Tamaya Blvd., northeast of Kernan and Beach boulevards, was sold through Tamaya Senior Living LLC [2]. Artemis Real Estate Partners purchased the property through 3270 Tamaya Blvd Owner LLC [2]. Berkadia Commercial Mortgage LLC of New York provided a $29.35 million mortgage for the acquisition [2], [1].

Property Features

Grand Living at Tamaya, built in 2019, spans 192,088 square feet across 6.14 acres [2]. The four-story community offers independent living, assisted living, and memory care units [2]. Amenities include a restaurant-style dining area, a movie theater, a fitness center, community spaces, a meditation area, a pool and spa, outdoor recreation areas, and a chauffeured vehicle for off-campus appointments. Guest suites are likewise available for visiting family members [2].

Partnership and Financing

Ryan Companies and Artemis Real Estate Partners have a collaborative history in the senior living and healthcare sector [2]. Ryan Companies and Grand Living jointly developed the community in 2019, with Grand Living continuing to operate the property under the new ownership [3]. Berkadia secured acquisition financing through Freddie Mac, featuring a seven-year floating rate loan with an attractive interest rate [3].

Location

Grand Living at Tamaya is located in Jacksonville’s Mayo Clinic/Beaches submarket and is the only non-Continuing Care Retirement Community (CCRC) in the area offering independent living, assisted living, and memory care [3].