Thursday, February 28, 2008

Thomas Wood & Co. Secures Financing of $2.25M for Boca Raton, FL Office/Retail Center

ORLANDO, FL—Jeff Schnupp, (photo top right) Vice President for Thomas D. Wood and Company, secured financing in the amount of $2,250,000 for Sandalfoot Plaza in Boca Raton, Florida.

Schnupp financed the loan through Skymar Capital, one of Thomas D. Wood and Company’s correspondent lenders, at a permanent fixed rate of 6%. The loan term is 10 years, with a 25-year amortization and a loan-to-value of 73%.

The 10,779 square-foot office/retail center was built in 2007, and is located at 9850 Marina Boulevard, Boca Raton, Florida.

For further information, please contact:

Jeff Schnupp
(407) 937-0470

Jessica Gurtowski
(407) 937-0470

Web site: http://www.tdwood.com/.
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Posted by Alex at 8:53 AM

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