Tuesday, February 17, 2015

Thomas D. Wood and Company’s Sarasota, FL Office Announces Q4 2014 Commercial Mortgage Transactions


Brad Cox
Sarasota, FL, Feb. 17, 2015 --  Thomas D. Wood Company Senior Vice President Brad Cox, CCIM, CPM, financed nearly $32,500,000 in commercial loans in 2014, which contributed to company-wide closings of more than $365,000,000.

Long-term fixed interest rates were historically low, contributing to the increase in successful closings in Q4, and 2014 as a whole.  Cox secured financing for commercial properties throughout Florida and the southeast United States.

The most notable transactions for Cox in the fourth quarter included the following:  $4,300,000 permanent fixed-rate financing for Plymouth and Regal Shopping Centers, retail shopping centers in Fort Myers, Florida; 

$1,925,000 permanent fixed-rate financing for Days Inn and Tiki Bar in Fort Myers, Florida; $1,200,000 permanent fixed-rate financing for Augusta Estates Mobile Home Park in Augusta, Georgia; and $1,750,000 permanent fixed-rate financing for Silver Springs Shopping Center in Ocala, Florida.

For a complete copy of the company’s news release, please contact:
  
Jessica Kinnee              
Director of Marketing & Public Relations           
Thomas D. Wood & Co.     
 (407) 374-0251                    

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