The Merc at Moody and Main

What The Merc at Moody and Main does

The Merc at Moody and Main is a Class-A luxury apartment community located at 45 Moody Street in downtown Waltham, Massachusetts, owned and operated by Northland Investment Corporation, a Newton, MA-based real estate investment and management firm. The mixed-use development offers studio, one-bedroom, two-bedroom, and three-bedroom floor plans ranging from approximately 712 to 1,260 square feet, with monthly rents spanning $2,930 to $7,410 and lease terms of 2 to 18 months. Units feature Energy Star appliances, stainless steel appliance packages, white quartz countertops, European-style cabinetry, wide-plank flooring, ceramic-tile bathrooms, USB outlets, and a smart home technology package built with low-VOC and sustainable materials. Building operations are managed on the RentCafe platform (Yardi Systems), which powers the company website (liveatthemerc.com), online applications, virtual tours, resident services, and payment processing.

The Merc monetizes primarily through recurring monthly rental income, supplemented by ancillary recurring streams including a $65/month per-pet pet rent (up to 3 pets per unit), underground parking fees beyond the first included spot, storage fees, and a premium for corporate short-term furnished rentals. A Preferred Employer Program offers employees of 11+ named local companies — including Thermo Fisher Scientific, AstraZeneca, National Grid, Alkermes, Nova Biomedical, Constant Contact, Enanta Pharmaceuticals, C4 Therapeutics, Eyepoint Pharmaceuticals, Digital Guardian, and Global Partners — a reduced $375 security deposit with approved credit, functioning as a B2B-style demand channel. Go-to-market is direct-to-consumer residential leasing supported by an on-site office, a dedicated phone line (+1 833-920-3505), self-guided or agent-led tours, and digital channels (organic search, Google Maps, RentCafe network).

The property is positioned for urban professionals and university-affiliated faculty and staff seeking transit-oriented luxury rental housing within walking distance of the MBTA Commuter Rail, Charles River, and Restaurant Row, and proximate to Bentley University, Brandeis University, and Boston Children's Waltham. On-site amenities include a 24-hour fitness center with TechnoGym equipment, Peloton bikes, a TRX Suspension Training Zone, a private yoga/spinning studio, on-demand virtual fitness classes, a rooftop sky deck with grilling stations and fire pit, a clubroom with catering kitchen, a billiards room, individual and group workspaces, a business center, a secure package room, on-site Zipcars, and a community app for resident interest groups and events. The Merc holds a Grace Hill Award for Excellence and maintains a 4.8/5 resident rating across verified reviews.

Name

The Merc at Moody and Main

Legal name

Northland Investment Corporation

Website

https://liveatthemerc.com

Company type

Private

Operating status

Operating

Short description

The Merc at Moody and Main is a Class-A luxury apartment community in downtown Waltham, MA, owned by Northland Investment Corporation, offering studio through three-bedroom units with premium finishes, smart home technology, and a full amenity package to urban professionals, university staff, and corporate commuters.

Ownership category

akta.pro rank

Product category

Luxury Residential Apartment Rentals

NAICS

Other Traveler Accommodation (72119)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Luxury Serviced Residences (THAGAEAJ)

akta.pro secondary industry

Executive & VIP Corporate Housing (THAMAHAF)

Keywords

• Luxury apartment rentals
• Residential leasing
• Multifamily housing
• Corporate furnished housing
• Urban apartment community

Headquarters

HQ city

Waltham

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Apartment Rental Income: Monthly rental payments from apartment leases. Units range from studios to 3-bedroom apartments with rents from $2,930 to $7,410/month. Lease terms from 2-18 months available. Utilities not included in rent.
2. Parking Fees: Underground parking: 1 spot included in rent, additional parking available for monthly fee. Two-floor underground parking garage.
3. Pet Rent: Monthly pet rent of $65 per pet (dogs and cats allowed, maximum 3 pets per apartment)
4. Storage Fees: Extra storage available for additional monthly fee
5. Short-term Furnished Rentals: Corporate short furnished homes available for shorter lease terms

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

The Merc at Moody & Main is a luxury mixed-use apartment community located at 45 Moody Street in downtown Waltham, MA, owned and operated by Northland Investment Corporation. The property leases studio, one-bedroom, two-bedroom, and three-bedroom apartments with monthly rents ranging from $2,930 to $7,410, featuring Energy Star appliances, smart home technology, quartz countertops, and 24-hour fitness amenities including TechnoGym and Peloton equipment.

Product overview

The Merc at Moody & Main is a luxury mixed-use apartment community in downtown Waltham, MA, developed by Northland Investment Corporation. The property offers studio, one-bedroom, and two-bedroom apartment floor plans ranging from approximately 712 to 1,260 square feet. The core offering is residential apartment rentals with premium finishes including Energy Star appliances, stainless steel appliances, white quartz countertops, European cabinetry, smart home technology, and sustainable materials. The portfolio includes five distinct floor plan types: 1BR-Standard (750 sq ft), 1 Bedroom A (up to 762 sq ft), 1BR-D (up to 803 sq ft), 1BR-E (up to 806 sq ft), and 2BR-H-Level-1 (up to 1,260 sq ft penthouse level). Residents have access to an extensive amenities package featuring a 24-hour fitness center with TechnoGym and Peloton equipment, rooftop sky deck, outdoor gathering spaces, clubroom, business center, and co-working areas. The ground floor includes retail shops enhancing the neighborhood character.

Differentiator

Problem solved

Functional benefit

Products and services

• The Merc at Moody & Main - Luxury Apartment Rentals Luxury apartment rentals offering studio, one-bedroom, two-bedroom, and three-bedroom floor plans in a mixed-use development in downtown Waltham, MA, with sustainable design, Energy Star appliances, modern finishes, and access to ground-floor retail shops.
• 1BR-Standard Floor Plan One-bedroom, one-bathroom apartment floor plan of 750 sq ft with stainless steel appliances, white quartz countertops, European style cabinetry, wide plank flooring, and ceramic tile bathrooms.
• 1 Bedroom A Floor Plan One-bedroom, one-bathroom apartment floor plan up to 762 sq ft, available with courtyard views in select units.
• 1BR-D Floor Plan One-bedroom, one-bathroom apartment floor plan up to 803 sq ft on the 4th or 5th floor with courtyard views available.
• 1BR-E Floor Plan One-bedroom, one-bathroom apartment floor plan up to 806 sq ft.
• 2BR-H-Level-1 Penthouse Floor Plan Two-bedroom, two-bathroom penthouse-level apartment floor plan up to 1,260 sq ft with rents ranging from $4,370 to $7,410 depending on floor level and features.
• Community Amenities Package Comprehensive resident amenities including 24-hour fitness center with TechnoGym and Peloton equipment, TRX Suspension Training Zone, private yoga/spinning studio, rooftop sky deck, outdoor grilling areas with fire pit, clubroom with catering kitchen, business center, individual and group workspaces, billiards room, TV lounge, and on-site Zipcars.
• Preferred Employer Program Exclusive benefits program for employees of select local businesses offering a reduced $375 security deposit (with approved credit). Eligible employers include Thermo Fisher Scientific, Global Partners, AstraZeneca, Alkermes, Nova Biomedical, Constant Contact, National Grid, Digital Guardian, Enanta Pharmaceuticals, C4 Therapeutics, and Eyepoint Pharmaceuticals.
• Corporate Short Furnished Homes Furnished apartment rentals available for corporate short-term housing needs, with lease terms from 2 to 18 months, targeting business travelers and relocating professionals.

Quantifiable outcome

• 4.8 out of 5 stars average resident rating based on verified reviews
• +1 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Thermo Fisher ScientificcoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• AstraZenecacoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• National GridcoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• Global PartnerscoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• AlkermescoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• Nova BiomedicalcoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• Constant ContactcoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• Digital GuardiancoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• Enanta PharmaceuticalscoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• C4 TherapeuticscoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• Eyepoint PharmaceuticalscoreGTM or Marketing PartnerPreferred Employer Program partner offering employees a reduced $375 security deposit (with approved credit) as a move-in incentive to The Merc apartment community.
• ZipcarsminorStrategic or Co-development PartnerOn-site Zipcars available for resident use, providing car-sharing access without requiring personal vehicle ownership.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Greystar Real Estate Partners: Largest apartment operator and manager in the US, managing thousands of luxury Class A communities nationwide including Boston-area properties with similar amenity packages and tenant profiles.
• UDR, Inc. National apartment REIT with a diversified portfolio including Northeast urban-suburban Class A communities, providing a benchmark for institutional luxury multifamily operations comparable to The Merc.
• Boston Properties (BXP): Major publicly-traded REIT focused on Class A office and mixed-use properties in Boston and other gateway markets; while primarily office, its mixed-use developments are comparable in urban luxury positioning.

Direct peers

• Equity Residential: Major apartment REIT with a dense Boston/Cambridge urban and suburban portfolio of luxury high-rise and garden-style rental communities, directly comparable in tenant demographics and amenity positioning.
• AvalonBay Communities: Large publicly-traded apartment REIT with a significant portfolio of luxury Class A apartment communities in the Greater Boston area, including comparable high-amenity properties in suburban transit-oriented locations.
• Bozzuto Group: Multifamily developer and operator focused on luxury apartment communities in the Northeast and Mid-Atlantic, with an amenity-rich, service-oriented operating model comparable to The Merc.
• The Hanover Company: National luxury apartment developer focused on Class A urban and suburban high-rise communities, with transit-oriented luxury projects comparable to The Merc's downtown Waltham positioning.
• Toll Brothers Apartment Living: Luxury apartment developer and operator (a division of Toll Brothers) that builds and manages high-end Class A multifamily communities with premium finishes and amenity packages, several in the Greater Boston metro.

Regional players

• The Nixon Companies: New England-based real estate developer and operator of luxury residential and mixed-use properties, with a regional focus comparable to The Merc's Waltham operations.
• Maverick Residential: Regional luxury apartment operator in the Greater Boston market, managing amenity-rich communities that compete directly with The Merc for the same urban professional tenant base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/TheMercWaltham

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Merc at Moody and Main