Merc & Main Gets $96M Mortgage
Banker & Tradesman
Oct 5, 2018
New York Life Real Estate Investors has provided $96 million in fixed-rate mortgage financing for the The Merc at Moody & Main, a multifamily and retail complex in downtown Waltham.
Developed by Northland Investment Corp., the complex at 45 Moody St. includes 269 apartments and a Brothers Marketplace supermarket.
“The Merc is an exceptional transit oriented project developed by Northland Investment Corporation that is located steps away from the Waltham commuter rail station and close to shops, restaurants and museums along Moody Street,” Eric Becher, head of New York Life Real Estate Investors’ Northeast Regional Office, said in a statement.
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