Thomas D. Wood & Co. Brokers $6M Loan for 2 Reno, NV Properties

MIAMI, FL— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on December 30, 2009, in the amount of $6,000,000 for 5401 Longley and McCarran A, B and C in Reno, Nevada.


Steve Wood,  (top right photo) Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed 5401 Longley through Thomas D. Wood and Company’s correspondent relationship with Symetra Financial, in the amount of $2,500,000.

 The permanent loan has a term of 10 years, based on a 25-year amortization, and a loan-to-value of 65%. The interest rate is 6.95%. The two-building, 55,874 square-foot office/warehouse was built in 1991 and is located at 5401 Longley Lane, Reno, Nevada.

Together they also financed McCarran A, B and C in the amount of $3,500,000 through Thomas D. Wood and Company’s correspondent relationship with Symetra Financial at an interest rate of 6.95%.

The permanent loan has a term of 10 years, based on a 25-year amortization and a loan-to-value of 65%. The three-building, 41,490 square-foot office was built in 1987 and is located at 6490 S. McCarran Boulevard, Reno, Nevada.

For further information, please contact:


Steve Wood (305) 447-7820 swood@tdwood.com
Jessica Kinnee (407) 937-0470 jkinnee@tdwood.com