MIAMI, FL—Thomas D. Wood and Company secured financing in the amount of $4,740,000 for Quail Park V and Johany Inter
iors.Steve Wood, (top right photo) Chief Operating Officer for Thomas D. Wood and Company, secured financing in the amount of $4,100,000 for Quail Park V Office Building in Las Vegas, Nevada.
Wood financed the loan through Advantus Capital Management, one of Thomas D. Wood and Company’s correspondent lenders, at a permanent fixed rate of 5.98%.
The loan term is 10 years with a 25-year amortization, and a loan-to-value of 39.05%. The 47,336 square-foot office building was built in 1988. Quail Park V is located at 500 S. Rancho Drive, Las Vegas, Nevada.
Ben Jimenez, (top left photo) Assistant Vi
ce President for Thomas D. Wood and Company, secured financing in the amount of $640,000 for Johany Interiors in Miami, Florida.Jimenez financed the loan through StanCorp Mortgage Investors, one of Thomas D. Wood and Company’s correspondent lenders, at an interest rate of 5.87%, fixed for five years.
The
loan term is 20 years with a 20-year amortization, and a loan-to-value of 75%. The 5,641 square-foot retail building is located at 859-863 NE 79th Street, Miami, Florida.
loan term is 20 years with a 20-year amortization, and a loan-to-value of 75%. The 5,641 square-foot retail building is located at 859-863 NE 79th Street, Miami, Florida.For further information, please contact:
Steve Wood (305) 447-7820 swood@tdwood.com
Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com
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