Tuesday, April 21, 2009

Thomas D. Wood & Co. Brokers $2.2M Loan for CVS in FL and TX

SARASOTA, FL, April 21, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on April 16, 2009, in the amount of $2,200,000 for CVS Pharmacies in Hollywood, Florida and Seguin, Texas.

Brad Cox, (top right photo) CCIM, CPM, Company Vice President, financed the CVS Pharmacies through Thomas D. Wood and Company’s correspondent relationship with StanCorp Mortgage Investors.

The limited-recourse loan has an interest rate of 7.125% and a 10-year term, based on a 25-year amortization.

The CVS Pharmacies are located at 900 South State Road 7, Hollywood, Florida and 110 South King Street, Seguin, Texas.

Thomas D. Wood Occupies New Offices in Sarasota

The firm has expanded into new office space in Sarasota, Florida. Brad Cox, CCIM, CPM, Company Vice President, is manager of the Sarasota office. The office address is 7349 Professional Parkway East, Sarasota, Florida 34240.

For further information, please contact:
Brad Cox, CCIM, CPM (941) 552-9731 bcox@tdwood.com
Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com

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