Wednesday, April 30, 2008

Thomas D. Wood & Co. Secures Financing for Pompano Beach, FL Apartments

MIAMI, FL—April 30, 2008—Ivan Hagen,(top right photo) Assistant Vice President for Thomas D. Wood and Company, secured financing in the amount of $1,250,000 for Seven Palms Apartments (map at left below) in Pompano Beach, Florida.

Hagen financed the loan through Thomas D. Wood and Company’s relationship with a national banking institution at a permanent fixed rate of 6.275%.

The term is 30 years with a 30-year amortization, and a loan-to-value of 50%. The 40-unit apartment complex was built in 1975, and is located at 8800 West Sample Road, Pompano Beach, Florida.

For further information, please contact:
Ivan Hagen (305) 447-7820 ihagen@tdwood.com or

Jessica Gurtowski
(407) 937-0470
Posted by Alex at 11:25 AM
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)