Taurus Investment Holdings and Kayne Anderson Real Estate have formed a joint venture to acquire Halstead Framingham, a 1974 vintage, 1,020-unit apartment community located in Framingham, Mass. Following the transaction, the property will be renamed The Green at 9 & 90.
The joint venture plans to commit significant capital to transition The Green to a low-carbon, energy-efficient multifamily community. In addition to the sustainability-focused retrofit, the joint venture plans to implement a range of tenant-driven social activations such as rent reporting to help tenants build credit through on-time rent payments and prioritization of partnering with diverse-owned businesses vendors.
Both Taurus and KA Real Estate maintain a successful track record and forward-thinking approach to real estate and are committed to prioritizing and incorporating environmental, social and governance (ESG) standards into their businesses. Taurus’s energy-focused retrofit subsidiary
